InvestorMind

Alessio Rastani, the controversial trader who was interviewed on the BBC saying Goldman Sachs owns the world posted this on his Facebook account recently. I have no idea of it's true, but it could be something. UNCONFIRMED: Two of the world's largest financial institutions are on the brink of collapse - one of them facing bankruptcy by end of January 2012. Both of these firms are heavily exposed to JUNK EUROPEAN DEBT and they are classed as TBTF. Inside sources say that a THIRD bank is also involved - and the third bank is NOT based in Greece, Spain or Italy - but in the UK. The systemic risk posed by this UK firm is estimated as MF Global x 10 - placing many hedge funds at huge risk.

Trader Alessio Rastani goes on the BBC and says that Goldman Sachs rules the world. His interview pretty much got the BBC anchors speechless. Not exactly what they were hoping to hear. After the interview, a lot of people started saying he was a hoax (he is not) and started doing a background check on him showing that he's not rich and lives with his girlfriend who owns the house they live in. Because of his frankness, a lot of people are slamming his views pretty much calling him greedy bastard for not wanting the economy to recover.