Monday, October 19, 2009

More of the same

Dontcha love it when ex-execs get to regulate those they used to work with?! 
 
<b>Goldman Sachs Exec Tapped to Top Post at SEC</b><br><br>
Another former Goldman Sachs executive has been tapped for a top post in the Obama administration. The Securities and Exchange Commission has named <b>twenty-nine-year-old Adam Storch as the agency’s first-ever chief operating officer of the enforcement division.</b> For the past five years, Storch worked at Goldman Sachs, most recently as vice president in Goldman’s Business Intelligence Group.
 
 
 
 
Look more countries looking to escape the stranglehold of the dollar: 
 

Latin American Leaders To Create New Currency

Leaders from Latin America and the Caribbean have agreed during a summit in Bolivia to create a regional currency to make Latin America less dependant on the dollar. Leaders from Venezuela, Bolivia, Nicaragua, Cuba and other nations met at the two-day Bolivarian Alternative for the Americas summit in Cochabamba. The new currency will be known as the sucre.  

 

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