Thursday, April 05, 2012

GOLDMAN SACHS INVOLVED IN SEX TRAFFICKING COMPANY

WELL THIS IS THE BANK THAT RUNS THE WHITEHOUSE.GOOGLE ALSO RUNS THE WHITEHOUSE.MICROSOFT RUNS THE WHITEHOUSE.OBAMA IS THE FRAUD MUSLIM PUPPET TO ALL THESE COMPANIES.NO WONDER THESE COMPANIES WANT TO CONTROL ALL AND SURVIEL ALL.IT WOULD NOT SURPRISE ME IF BELL CANADA RUNS THE AMERICAN WHITEHOUSE ALSO AS WELL AS OUR CANADIAN GOVERNMENT.

Bo Hong Deng
Analyst at Goldman Sachs
Toronto, Canada Area | Investment Banking


Current:Analyst at Goldman Sachs
Past:Securities Summer Analyst at Goldman Sachs, Software Engineer, Intern at Facebook, Software Engineering Intern at Google, Systems Developer at Mo...
Education:

University of Waterloo
Summary:Financial Theory: Derivative pricing/hedging, Interest Rate Models, Risk Management, CAPM Mathematics: Stochastic Calculus, Time Series Analysis...
HERE IN CANADA WE HAVE A GOLDMAN SACHS,GOOGLE,FACEBOOK CONNECTION

http://www.youtube.com/watch?v=xOSGtWlZZnQ
Ann Romney trust invested in fund that exited sex-site firm ReutersBy Greg Roumeliotis | Reuters – Tue, Apr 3, 2012

NEW YORK (Reuters) - A blind trust in the name of Ann Romney, wife of Republican U.S. presidential hopeful Mitt Romney, was an investor in a fund run by Goldman Sachs Group Inc that had invested in a media company which critics say facilitates sex trafficking. While there is no suggestion the Romneys knew about the investment, the disclosure highlights the difficulty for politicians and their families when they invest in blind trusts that are supposed to protect them from conflicts of interest and ethical questions.According to an August 2011 financial disclosure report by the Romneys, Ann Romney's blind trust had an investment valued between $15,001 and $50,000 in Goldman's GS Capital Partners III.Goldman said on Sunday that GS Capital Partners III signed a deal last Friday to sell its 16 percent stake in Village Voice Media, which owns the website Backpage.com, back to management.

Critics argue that Backpage.com facilitates the trafficking of underage prostitutes and sex slaves, although others question that.Andrea Saul, a spokeswoman for Romney, stressed that the funds were managed on a blind basis, so the trustee, not the Romneys, make their investment decisions.Furthermore, the trustee invests in funds, but, as a passive investor, has no control over the funds' investments.Goldman's divestiture is the latest development in a growing controversy over online adult advertising that has pitted celebrities, law enforcement officials, members of Congress and New York Times columnist Nicholas Kristof against Village Voice Media.The private media company has the largest share of revenue in the United States from online advertising of adult services.It has responded aggressively, challenging critics' data with editorial investigations and claiming that it goes to far greater lengths than competitors in cooperating with law enforcement and monitoring its ads for illegal activity.The original size and timing of the blind-trust investment were not disclosed, though in 2007 the Ann Romney trust reported during Mitt Romney's previous failed attempt to get nominated as Republican presidential candidate that its investment in the Goldman fund was then worth between $100,001 and $250,000. In Ann Romney's 2010 tax return, which was made publicly available in January, the trust's investment in the Goldman fund was reported as showing a $28,226 loss.Goldman could not be immediately reached for comment on questions about the Ann Romney trust investment. GS Capital Partners III invested $30 million in the Village Voice in 2000. This was a fraction of fund's capital, which totaled $2.78 billion.Goldman Sachs said the fund lost the vast majority of its investment when it sold its Village Voice stake last week.(Additional reporting by Steve Holland; Editing by Martin Howell and David Brunnstrom)

Bell's Astral buy targets media convergence
By Jeff Beer | April 02, 2012


On March 16, the media house that George Cope built got a little bigger. That was the day the BCE Inc. CEO announced that his company had bought Astral Media of Montreal for $3.38 billion in cash and stock. And while the market may be ambivalent about the deal (BCE’s stock initially slipped, and has basically gone sideways since the announcement), media buyers and strategists endorse the move, given the increasingly global marketplace for media content.The deal comes on the heels of BCE’s joint purchase (with rival Rogers Communications) of Maple Leaf Sports and Entertainment for $1.32 billion last December, and the $1.3-billion acquisition of CTV last September. It helps BCE (which owns Bell Canada and Bell Media) bulk up against Canadian competitors Rogers, Shaw and, more pointedly, Quebecor Inc., which has long dominated the Quebec market. But those domestic players aren’t the only ones vying for Canadian eyes and ears. Bell’s move for Astral’s radio stations and specialty TV channels is also meant to combat emerging global digital players such as Netflix, Google and Apple.

Netflix, which launched in Canada 18 months ago, already has more than a million Canadian subscribers and has vowed to bring its content offering up to the standards Americans already enjoy. Meanwhile, more Canadians are downloading movies and TV shows on Apple’s iTunes, and Google has spent more than US$100 million on original content deals with partners such as Thomson Reuters, The Wall Street Journal, Vice and The Onion.All of these online options are being viewed not only on computers, iPads and smartphones, but through the increasing number of web-connected TVs. According to Comscore, total online video viewership in Canada was up 58% in 2011. In the fourth quarter alone, entertainment video views were up 217% to 5.3 billion, while news and sports jumped 185% to 259 million and 91.5 million views, respectively.Bell’s last swing at convergence, a decade ago when it bought CTV, failed to reap any financial reward. This time, Bell believes the growth of multi-platform media provides more fertile ground. Media analyst Kaan Yigit, president of Solutions Research Group, says Bell won’t realize the real value of Astral’s assets until multi-platform media consumption across TV, mobile and online really goes mainstream. Maybe [they] won’t draw a premium from it today,he says,but in three to seven years when multi-platform really engages, you have the assets to drive that more competitively.The deal still requires approval from the Competition Bureau and the CRTC, but it has strong support. Sunni Boot, president and CEO of Zenith Optimedia Canada, says it’s essential to have strong domestic media companies to compete globally. Years ago, I would’ve said it’s too much concentration,she says.Now I want the strongest possible Canadian media owners to compete for content.

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