Bankrupt Chinese Dairy Headquartered In The Cayman Islands And Partially-Owned By Goldman Sachs And Morgan Stanley Overrun By Angry Workers. WTF???

Notice where the company's headquarters are? The factory is in Taizinai, China. The headquarters is in the Cayman Islands. Hmm. Goldman Sachs, Morgan Stanley, Chinese investments, Cayman Islands? That's rather strange now isn't it? And what does The United States Treasury's Financial Crimes Enforcement Network have to say about Transactions Involving the Cayman Islands? Well, I'm glad you asked. "The counter-money laundering regime embodied in the legal, supervisory, and regulatory systems of the Cayman Islands suffers from serious systemic problems."

Now why would American taxpayer supported firms be invested in corporations headquartered in the Cayman Islands? Why not in China or America? China being the location of the investment and the United States being the headquarters of the financial firms.

It would be nice to see some transparency into this and likely countless other similar investments by American financial firms. But, wait a minute. The Cayman Islands doesn't require financial institutions to list their investors. Remember our discussions of unregulated capital and organized crime's assets infiltrating our financial system? Even the gentleman who "outed" Madoff remarked of how much Russian mafia money was likely involved in the Madoff scam as he testified before Congress. I have absolutely no reason to believe any such improprieties are involved but maybe Wall Street firms would like to pro-actively air their entire portfolio of investments and their investors on behalf of American citizens since our tax dollars are in fact keeping them afloat. Isn't that the way a democracy is supposed to work? We the People are in fact the masters of our government and its investments?

Looks like there is some potential for more of God's work at play here.

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