Please donate here to support this vital work.
Revealing News For a Better World

Why I Am Leaving Goldman Sachs
Key Excerpts from Article on Website of New York Times


Why I Am Leaving Goldman Sachs
New York Times, March 14, 2012
Posted: 2012-03-20 10:53:13
http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-g...

Today is my last day at Goldman Sachs. Over the course of my career I have had the privilege of advising two of the largest hedge funds on the planet [and] five of the largest asset managers in the United States. My clients have a total asset base of more than a trillion dollars. After almost 12 years at the firm ... I believe I have worked here long enough to understand ... its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it. To put the problem in the simplest terms, the interests of the client continue to be sidelined in the way the firm operates and thinks about making money. Today, if you make enough money for the firm (and are not currently an ax murderer) you will be promoted into a position of influence. What are three quick ways to become a leader? a) Execute on the firm's "axes," which is Goldman-speak for persuading your clients to invest in the stocks or other products that we are trying to get rid of because they are not seen as having a lot of potential profit. b) "Hunt Elephants." In English: get your clients -- some of whom are sophisticated, and some of whom aren't -- to trade whatever will bring the biggest profit to Goldman. c) Find yourself sitting in a seat where your job is to trade any illiquid, opaque product with a three-letter acronym. I attend derivatives sales meetings where not one single minute is spent asking questions about how we can help clients. It's purely about how we can make the most possible money off of them.

Note: The author of this article, Greg Smith, was a Goldman Sachs executive director and head of the firm’s United States equity derivatives business in Europe, the Middle East and Africa. For an excellent compilation of news articles and government documents showing the huge risk of the derivatives bubble being manipulate by Goldman Sachs and others, click here.


Explore our index to revealing excerpts of key news articles on several dozen topics.

Don't miss amazing excerpts from the 20 most revealing news articles ever published.

Below is a sample of just three of those 20 articles.


U.S. Military Wanted to Provoke War With Cuba
2001-05-01, ABC News
http://abcnews.go.com/US/story?id=92662

In the early 1960s, America's top military leaders reportedly drafted plans to kill innocent people and commit acts of terrorism in U.S. cities to create public support for a war against Cuba. Code named Operation Northwoods, the plans reportedly included the possible assassination of Cuban emigres, sinking boats of Cuban refugees on the high seas, hijacking planes, blowing up a U.S. ship, and even orchestrating violent terrorism in U.S. cities. The plans were developed as ways to trick the American public and the international community into supporting a war to oust Cuba's ... Fidel Castro. America's top military brass even contemplated causing U.S. military casualties, writing: "We could blow up a U.S. ship in Guantanamo Bay and blame Cuba," and, "casualty lists in U.S. newspapers would cause a helpful wave of national indignation." The plans had the written approval of all of the Joint Chiefs of Staff and were presented to President Kennedy's defense secretary, Robert McNamara, in March 1962. But they apparently were rejected by the civilian leadership and have gone undisclosed for nearly 40 years. The Joint Chiefs even proposed using the potential death of astronaut John Glenn during the first attempt to put an American into orbit as a false pretext for war with Cuba. Should the rocket explode and kill Glenn, they wrote, "the objective is to provide irrevocable proof ... that the fault lies with the Communists." The scary thing is none of this stuff comes out until 40 years after.

Note: Why was ABC the only major news source to report on this highly revealing story? Read the shocking declassified documents on Operation Northwoods. Many military and political leaders look at the world as a grand chessboard. Sacrificing pawns (innocent civilians) is sometimes necessary to capture the queen. Explore revealing news articles on military corruption. Then check out eye-opening 9/11 news articles.


Inside the secretive Bilderberg Group
2005-09-29, BBC News
http://news.bbc.co.uk/1/hi/world/americas/4290944.stm

How much influence do private networks of the rich and powerful have on government policies and international relations? One group, the Bilderberg, has often attracted speculation that it forms a shadowy global government. Every year since 1954 [they have brought] together about 120 leading business people and politicians. At this year's meeting in Germany, the audience included the heads of the World Bank and European Central Bank, Chairmen or Chief Executives from Nokia, BP, Unilever, DaimlerChrysler and Pepsi ... editors from five major newspapers, members of parliament, ministers, European commissioners ... and the queen of the Netherlands. The chairman ... is 73-year-old Viscount Etienne Davignon. In an extremely rare interview, he played down the importance of Bilderberg. "I don't think (we are) a global ruling class because I don't think a global ruling class exists." Will Hutton ... who attended a Bilderberg meeting in 1997, says people take part in these networks in order to influence the way the world works, to create what he calls "the international common sense". And that "common sense" is one which supports the interests of Bilderberg's main participants. For Bilderberg's critics the fact that there is almost no publicity about the annual meetings is proof that they are up to no good. Bilderberg meetings often feature future political leaders shortly before they become household names. Bill Clinton went in 1991 while still governor of Arkansas, Tony Blair was there two years later while still an opposition MP. All the recent presidents of the European Commission attended Bilderberg meetings before they were appointed. Informal and private networks like Bilderberg have helped to oil the wheels of global politics and globalisation for the past half a century.

Note: Why is this meeting of top world leaders kept so secret? Why, until a few years ago, was there virtually no reporting on this influential group in the major media? Thankfully, the alternative media has had some good articles. And a Google search can be highly informative. Explore many other revealing major media news articles on powerful secret societies. And for those interested, check out reliable, eye-opening information covering the big picture of how and why these secret societies are using government-sponsored mind control programs to achieve their agenda.


[9/11] Hijack 'suspects' alive and well
2001-09-23, BBC News
http://news.bbc.co.uk/1/hi/world/middle_east/1559151.stm

Another of the men named by the FBI as a hijacker in the [9/11] suicide attacks on Washington and New York has turned up alive and well. The identities of four of the 19 suspects accused of having carried out the attacks are now in doubt. Saudi Arabian pilot Waleed Al Shehri was one of five men that the FBI said had deliberately crashed American Airlines flight 11 into the World Trade Centre on 11 September. His photograph was released, and has since appeared in newspapers and on television around the world. He told journalists there that he had nothing to do with the attacks. He has contacted both the Saudi and American authorities. He acknowledges that he attended flight training school at Daytona Beach in the United States, and is indeed the same Waleed Al Shehri to whom the FBI has been referring. But, he says, he left the United States in September last year [and] became a pilot with Saudi Arabian airlines. Abdulaziz Al Omari, another of the Flight 11 hijack suspects ... says he is an engineer with Saudi Telecoms, and that he lost his passport while studying in Denver. Meanwhile ... a London-based Arabic daily says it has interviewed Saeed Alghamdi. He was listed by the FBI as a hijacker in the United flight that crashed in Pennsylvania. And there are suggestions that another suspect, Khalid Al Midhar, may also be alive. FBI Director Robert Mueller acknowledged on Thursday that the identity of several of the suicide hijackers is in doubt.

Note: The deceptions in the 9/11 official story are clearly shown in this key story. The FBI never revised its list of alleged hijackers. These four are all listed in the official 9/11 Commission report as the hijackers. Click here and scroll down a little over half way to see their photos in the official report. For more, see this webpage. Explore also concise summaries of deeply revealing news articles with evidence of a 9/11 cover-up from reliable major media sources. Then examine an abundance of reliable information suggesting a major 9/11 cover-up.


The above three are excerpts from the 20 most revealing news articles ever published.

Below is a sample of the three articles most recently posted to this website.


‘I'm the new Oppenheimer!': my soul-destroying day at Palantir's first-ever AI warfare conference
2025-05-17, The Guardian (One of the UK's Leading Newspapers)
https://www.theguardian.com/technology/article/2024/may/17/ai-weapons-palanti...

The inaugural "AI Expo for National Competitiveness" [was] hosted by the Special Competitive Studies Project – better known as the "techno-economic" thinktank created by the former Google CEO and current billionaire Eric Schmidt. The conference's lead sponsor was Palantir, a software company co-founded by Peter Thiel that's best known for inspiring 2019 protests against its work with Immigration and Customs Enforcement (Ice) at the height of Trump's family separation policy. Currently, Palantir is supplying some of its AI products to the Israel Defense Forces. I ... went to a panel in Palantir's booth titled Civilian Harm Mitigation. It was led by two "privacy and civil liberties engineers" [who] described how Palantir's Gaia map tool lets users "nominate targets of interest" for "the target nomination process". It helps people choose which places get bombed. After [clicking] a few options on an interactive map, a targeted landmass lit up with bright blue blobs. These blobs ... were civilian areas like hospitals and schools. Gaia uses a large language model (something like ChatGPT) to sift through this information and simplify it. Essentially, people choosing bomb targets get a dumbed-down version of information about where children sleep and families get medical treatment. "Let's say you're operating in a place with a lot of civilian areas, like Gaza," I asked the engineers afterward. "Does Palantir prevent you from ‘nominating a target' in a civilian location?" Short answer, no.

Note: "Nominating a target" is military jargon that means identifying a person, place, or object to be attacked with bombs, drones, or other weapons. Palantir's Gaia map tool makes life-or-death decisions easier by turning human lives and civilian places into abstract data points on a screen. Read about Palantir's growing influence in law enforcement and the war machine. For more, watch our 9-min video on the militarization of Big Tech.


Move fast, kill things: the tech startups trying to reinvent defence with Silicon Valley values
2025-03-29, The Guardian (One of the UK's Leading Newspapers)
https://www.theguardian.com/world/2025/mar/29/move-fast-kill-things-the-tech-...

Skydio, with more than $740m in venture capital funding and a valuation of about $2.5bn, makes drones for the military along with civilian organisations such as police forces and utility companies. The company moved away from the consumer market in 2020 and is now the largest US drone maker. Military uses touted on its website include gaining situational awareness on the battlefield and autonomously patrolling bases. Skydio is one of a number of new military technology unicorns – venture capital-backed startups valued at more than $1bn – many led by young men aiming to transform the US and its allies' military capabilities with advanced technology, be it straight-up software or software-imbued hardware. The rise of startups doing defence tech is a "big trend", says Cynthia Cook, a defence expert at the Center for Strategic and International Studies, a Washington-based-thinktank. She likens it to a contagion – and the bug is going around. According to financial data company PitchBook, investors funnelled nearly $155bn globally into defence tech startups between 2021 and 2024, up from $58bn over the previous four years. The US has more than 1,000 venture capital-backed companies working on "smarter, faster and cheaper" defence, says Dale Swartz from consultancy McKinsey. The types of technologies the defence upstarts are working on are many and varied, though autonomy and AI feature heavily.

Note: For more, watch our 9-min video on the militarization of Big Tech.


Palantir's ‘revolving door' with government spurs huge growth
2025-02-07, Financial Times
https://www.ft.com/content/a65c93af-abf9-427c-a2ee-a9f5b3d518b9

Palantir is profiting from a "revolving door" of executives and officials passing between the $264bn data intelligence company and high level positions in Washington and Westminster, creating an influence network who have guided its extraordinary growth. The US group, whose billionaire chair Peter Thiel has been a key backer of Donald Trump, has enjoyed an astonishing stock price rally on the back of strong rise of sales from government contracts and deals with the world's largest corporations. Palantir has hired extensively from government agencies critical to its sales. Palantir has won more than $2.7bn in US contracts since 2009, including over $1.3bn in Pentagon contracts, according to federal records. In the UK, Palantir has been awarded more than Ł376mn in contracts, according to Tussell, a data provider. Thiel threw a celebration party for Trump's inauguration at his DC home last month, attended by Vance as well as Silicon Valley leaders like Meta's Mark Zuckerberg and OpenAI's Sam Altman. After the US election in November, Trump began tapping Palantir executives for key government roles. At least six individuals have moved between Palantir and the Pentagon's Chief Digital and Artificial Intelligence Office (CDAO), an office that oversees the defence department's adoption of data, analytics and AI. Meanwhile, [Palantir co-founder] Joe Lonsdale ... has played a central role in setting up and staffing Musk's Department of Government Efficiency.

Note: Read about Palantir's growing influence in law enforcement and the war machine. For more, read our concise summaries of news articles on corruption in the military and in the corporate world.


The above three are excerpts from the news stories most recently posted to this website.

Explore our index to revealing excerpts of news articles on several dozen topics.

Don't miss amazing excerpts from the 20 most revealing news articles ever published.


Kindly donate here to support this inspiring work.

Subscribe to our free email list of underreported news.

newsarticles.media is a PEERS empowerment website

"Dedicated to the greatest good of all who share our beautiful world"