Ex-EU Boss José Manuel Barroso to speak at FT Business of Luxury Conference in Lisbon

Next month former President of the European Commission José Manuel Barroso will speak at a Financial Times conference on the Business of Luxury in Lisbon (see bottom of image below).


Barroso’s Lisbon speech will be in stark contrast to his role as Chairman of the UEFA Foundation for Children, designed to help underprivileged kids around the world.

The May speaking engagement is much more in line with his role as Chairman of another organisation — the mega-powerful US Investment Bank for the Ultra Ultra High Net Worth: Goldman Sachs  aka Government Sachs aka the Vampire Squid.

Goldman was first labelled the Vampire Squid, due to their parasitic nature, in this 2010 Matt Taibbi article for Rolling Stone Magazine:

The conflict of interests have not gone unnoticed:

Barroso was severely criticised for joining a bank that had so mercilessly profited  from destabilising the Euro, particularly through its dealings with Greece,  only 20 months after leaving the top job in European politics..

Revolving Door

Tony Blair received some stick for working for JP Morgan after leaving office.

Ex-German Chancellor Gerhard Schröder , who works for Rothschild, was once referred to as a “political prostitute” by US Democrat Congressman Tom Lantos for objecting to the Iraq War but then  taking money off Vladimir Putin.

Euro architect and former ECB Chief Economist Otmar Issing moved to Goldman Sachs in 2006, just months after leaving the ECB.

And Mario Draghi, current head of the European Central Bank was at Goldman while they were making mega profits out of hiding Greece’s debt from the Greek public and from the ECB itself.

Barroso himself argued that as the  minimum 18 months cooling off period had passed he should be allowed to join Goldman.

If times get tough, then maybe the Obamas will head for Wall Street or the British Virgin Islands too.

Meanwhile here’s Barroso  talking about a multi-speed Europe

 

 

 

 

 

 

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