Goldman Sachs in China

Only in America.....NOT!

Always eager to jump at anything suggesting foreign conspiracy, the Chinese press leapt at accusations of fraud made against Goldman Sachs by the American regulatory authorities.

Particularly decried were the exceptional results of Goldman Sachs in China. They would prove that the dice are loaded:

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Wait, there's more:

And you thought Goldman had it bad in the US. The FT reports: "Many people believe Goldman Sachs, which goes around the Chinese market slurping gold and sucking silver, may have, using all kinds of deals, created even bigger losses for Chinese companies and investors than it did with its fraudulent actions in the US,” read the opening lines of an article in the China Youth Daily, a state-owned daily newspaper, last week." Matt Taibbi - you have met your match, and the outcome is picturesque indeed - a vampire squid that slurps and sucks its way to every loose ounce of gold and silver. But fear not, all those millions of ounces in GLD are perfectly safe and sound.

The article continues:

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