Thursday, March 10, 2022

Kill All The Bankers ...

... Right After The Slumlords

How Goldman Sachs profits from war in Ukraine, loophole in sanctions  —  Goldman Sachs, the giant New York investment bank, is cashing in on the war in Ukraine by selling Russian debt to U.S. hedge funds — and using a legal loophole in the Biden administration's sanctions to do it.
Karen Gilchrist / CNBC:
Deutsche Bank defends decision not to exit Russia: It's not ‘practical’ right now  — Deutsche Bank's CFO said Thursday it is not “practical” to close its Russia business, despite similar moves by major corporations seeking to distance themselves from the pariah state.
Profit over people, every time. Just isn't practical, after all.

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