As economists worry about a break-up of the euro zone and protesters on the other side of the pond crash Wall Street, one self-described independent trader summed up the growing schism between the financial elite and the rest of the world by telling the BBC: "Governments don't rule the world; Goldman Sachs rules the world."
While Alessio Rastani has never worked for a major firm in the City of London – and actually lives in a small house owned by his girlfriend – his candid comments have gone viral on the internet, in a possible sign of the times. He might be considered a fraud and admits to wanting media attention, but his comments still have people talking.
"I go to bed every night dreaming of another recession," Rastani told the BBC. "It's an opportunity … When the market crashes, when the euro and the big stock markets crash… you can make a lot of money from this."
In less than 12 months, the savings of millions of people is going to vanish and that is just the beginning."
Rumours have been circulating on the internet, since the video went viral earlier this week, wondering if Rastani is a member of the "Yes men" – a satirical protest group who pretend to be corporate executives – but that does not seem to be the case. The rhetoric is either a candid portrayal of a rotten system or the musings of an attention hungry nobody, depending on who you ask.
"This idea of the testosterone fuelled alpha male in suspenders and a tie as the 'independent trader" is not the reality, said a former Goldman Sachs trader who spoke on the condition of anonymity. "This guy [Rastani] wants to be a caricature of Michael Douglas in the movie Wall Street."
Goldman's 'decline' .............
http://english.aljazeera.net/indepth/features/2011/09/2011928201256870348.html
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