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Goldman Sachs

Posted on January 31st, 2014 at 10:27 by John Sinteur in category: Robber Barons -- Write a comment

[Quote]:

An estimated 2,500 demonstrators braved the cold and snow this evening to protest against the pending partial sale of state-owned energy provider DONG to US investment firm Goldman Sachs.

Parliament’s Finance Committee is set to vote on the controversial deal tomorrow. If it pass, Goldman Sachs take a 19 percent stake in DONG at a cost of eight billion kroner.

[Quote]:

The partial sale of DONG Energy to Goldman Sachs took a shocking turn this morning after Annette Vilhelmsen, the head of government coalition party Socialistisk Folkeparti (SF), announced that she would step down as head of the party and the party would leave the government coalition.

Vilhelmsen called a meeting this morning after she was unable to obtain a consensus in her party on agreeing to the government’s pending DONG/ Goldman Sachs agreement, which is set to be decided on in parliament later today.

“It’s been a dramatic 24 hours. I must admit that there has been disagreement in the party, at a national level and in the parliament group,” Vilhelmsen said at the press conference at Christiansborg. “I couldn’t gather the party.”

Not only is this Goldman Sachs, the 19 percent they are buying are being sold at almost half of it proper evaluation, there where pension funds that where willing to pay more and Goldman Sachs would have veto right despite only owning 19 percent.

It makes you wonder which politicians they paid.

  1. The dumbing down of the Danes began when they sent troops to join the coalition forces.

  2. Sounds like a Republican to me. I didn’t know they had any socialists in that party.

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