Tag: Lloyd Blankfein
Chairman Levin, Ranking Member Coburn and Members of the Subcommittee:
Thank you for the invitation to appear before you today as you examine some of the causes and consequences of the financial crisis.
Today, the financial system is still fragile but it is largely stable. This stability is a result of decisive and necessary government action during the fall of 2008. Like other financial institutions, Goldman Sachs received an investment from the government as a part of its various efforts to fortify our markets and the economy during a very difficult time.
While most everybody in the media has been down playing the problems at Goldman Sachs, recently, big changes are coming up in their future. Why, one of the ways in which we look into the future of any given companies stock by a method known to astrologers as directing. After all just as people grow, so do charts. Companies have their ups and downs, and directing is one of the easiest way to see those fluctuations in fortune.
There are several different kinds of directions, the one most utilized in the western tradition is called ‘secondary progression.’ When we direct This method takes the planets and luminaries and projects them forward in the sign they are in symbolically. In general, this moves the planets forward (or backwards) in general by ‘ephemeris’ time, which is approximately one day in the ephemeris is equal to one year in the life of the company.
In the situation we have with Goldman Sachs, we have a company that has had vigorous growth since the stock went public in 1999. Moving the Goldman’s stock (GS) forward by secondary direction, we see that the Moon has just come to the same degree as the Sun. Whenever the Moon and the Sun are one in real life, we call a ‘new Moon.’ The reason we call it a ‘new’ Moon is because it is the start of the lunar month. If you watch what takes place at this time, all the old business from last month comes to an end, and brand new focus takes place. The first sighting of the New Moon was so important to the ancients that 1st century CE astrologer, Al-Biruni tells us that the ancient Jews who would send forth their swiftest warriors to the mountain peaks, where they were instructed to build a fire at the very first second that they saw the tiny crescent of the New Moon. This is because our script changes, every time that the Sun and Moon are one, every month.
Because the directed Moon moves so slowly, the coming together of the Sun and Moon is a rare event in a stock’s life, taking place but once every 27 years. When this happens, as it with GS, sweeping changes take place, which set the stage for almost the next decade. Goldman is going to see heads roll because the coming together of Sun and Moon took place on the dreaded fixed star, Algol, who represents the severed head of the Medusa. It is an indication that it will be hard for GS to get away with the ABACUS scandal as easily as it was able to cover its bad bets back in 2008.
This coming together of the Moon and the Sun is all the more poignant because the sign Cancer is rising on the eastern horizon. This makes the Moon the landlord, so to speak, of the chart. We see the Moon in the main or natal chart is in the devil may care sign of Sagittarius. This sign has a great deal to do with gambling and taking risks of all kinds. This is not surprising given the nature of this company, which is known to create and bet on all kinds of financial instruments. There is nothing controversial about an investment bank taking risks. However, legal problems arise because in the case of GS, it appears that the government, bailed this company out, using taxpayer money to cover for bets that appear that the risk was not fully disclosed to the potential investor.
The investor is the person that the company sells the stock to. This would be the 7th house. Notice when the Moon is in the 6th house, it subverts the customer, because it stands behind the customer, like a predator in the house of self undoing to the potential investor.
With Capricorn on setting in the west, the people who are sold financial instruments will be represented by Saturn. Now, a real problem arises for any potential investor because when we look at the condition of their representative, we see that potential customers are at a great disadvantage because they are not getting the full picture about the risks that they are about to take on because their rep is only 6 degrees shy of the Sun. When the symbolic client is too close to the Sun, they become blinded in the Sun’s glare. They are not given all the facts necessary to make a wise purchase. Even Lilly, made a misinformed decision when he went ahead and bought property, when his own symbolic ruler was in this state. In essence, when we see ruler of the 7th combust, clients get burned. In this case, they also get ‘taken to the cleaners’ given Mars opposition.
Management is full of hot air, promising one thing, and delivering another given Jupiter’s conjunction with Mercury in Aries. Most the money to be made on this stock go to the upper echelon. However, big changes are coming up at GS. Even though reporting huge profits for this quarter, the stock went down. Allegations of fraud are being played down by a complacent media. However, one cannot fool Mother Nature. Given Venus’ placement by direction, this is not GS’s death knell by any means. Even if the SEC suit turns out to be a slap on the wrist, by Summer, we may see some top heads roll. Will one of those heads be CEO Lloyd Blankfein (born September 20 1954 NYC)?
Stay tuned ….