[P2P-F] Former Goldman Sachs executive as next president of the European Central Bank

Sat Jun 25 04:07:42 CEST 2011

http://www.reuters.com/article/2011/06/23/eu-parliament-draghi-idUSLDE75M0UP20110623
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*BRUSSELS, June 23 | Thu Jun 23, 2011 7:33am EDT*
*(Reuters) - *
*The European Parliament formally endorsed Italy's Mario Draghi to be the
next president of the European Central Bank on Thursday.*
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*http://en.wikipedia.org/wiki/Mario_Draghi*
*Draghi was then vice chairman and managing director of Goldman
Sachs<http://en.wikipedia.org/wiki/Goldman_Sachs> International
and a member of the firm-wide management committee (2002–2005). A
controversy existed on his duties while employed at Goldman
Sachs<http://en.wikipedia.org/wiki/Goldman_Sachs>
. Pascal Canfin <http://en.wikipedia.org/wiki/Pascal_Canfin>
(MEP<http://en.wikipedia.org/wiki/European_Parliament>)
asserted Draghi was involved in swaps for European governments, namely
Greece <http://en.wikipedia.org/wiki/European_sovereign_debt_crisis#Causes>,
trying to disguise their countries' economic status.*
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*also see, regarding the US :*
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*http://www.bollier.org/fed-goldman-sachs-take-care-each-other*
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http://www.quora.com/Why-does-the-Fed-buy-treasury-bonds-through-Goldman-Sachs-instead-of-from-the-treasury-How-did-this-happen
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