SEC No Match For Government Sachs

Now let me get this straight.  Goldman Sachs (GS), aka “Government Sachs”, has just received the largest penalty ever imposed on a financial firm.  Yes, a whopping $550 million. Relative to Goldman’s 2009 net income of roughly $12 billion, this represents less than 5%, or about two weeks worth of earnings.  In the case of British […]

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The 12 Steps Of An Empire

Every empire goes through what appears to be an inevitable series of conditions which accompany its rise to dominance and then its fall to ashes.  This has proven especially true for the 3 key modern empires:  the British, the American and the Soviet Union. So, what are the signs of a rising or falling empire?  They […]

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