The Beast [Reader Post]

What began as a mid-winter invitation to enjoy a spring luncheon at the Palace in the merry month of May with the Queen and her royal consort the Duke of Edinburgh turns out to be one of the biggest international fiascos on record. What originally was to be a casual invitation to spend the day and possible stay the night at one of the royal households could have possibly been a judicial means apology for not inviting Obama to the Royal Wedding. This is as if the Queen wanted to give the young presidential couple from the states, new to the complex protocols of international affairs, a second chance to do things right.

Don't Be A Dissatisfied Customer Of Goldman Sachs, Obama Might Just Light You Up

The New Sovereign Investment Fund of Libya or of Colonel Qaddafi, there is no distinction in the money funds of Libya or Qaddafi, invested $1.3 Billion with Goldman Sachs; the bank used the funds on stock options at a variety of international banks and a collection of currency bets. Two years later, the Libyan fund had lost 98% of its value and was worth only $25.1 million.

Officials of Libya’s sovereign wealth fund were upset with Goldman Sachs and accused them of malfeasance; mainly, for making trades without authorization and misrepresenting investment deals.