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etting meaningful redress for borrowers. In addition to his longstanding call to let the high-end Bush-era tax cuts expire, Mr. Obama called for a "Buffett rule" to ensure that millionaires pay an effective rate of at least 30 percent, ensuring that they never pay less than the middle class. "You can
parties that are more nationalist in tone and that take a much more skeptical attitude to the European Union -- not to mention the single currency. Marine Le Pen and the National Front will do well in the upcoming French presidential election. Other rising Euroskeptic parties include the Freedom Parties in
on -- not to mention the single currency. Marine Le Pen and the National Front will do well in the upcom
will embrace. It is a massive change in sentiment from six months ago when markets were fearing the “anti-European Union” rhetoric of since-defeated Marine Le Pen. Unifying Europe is no easy task, but the best chance appears to be in the hands of a political outsider with pro-business and economic policies tha
Page: HOUSE_OVERSIGHT_012083 →European Union” rhetoric of since-defeated Marine Le Pen. Unifying Europe is no easy task, but the best c
Page: HOUSE_OVERSIGHT_012083 →, Shanghai and Shenzhen. It is no wonder Chinese investors have bid up property prices in many major cities around the globe. As a sign of the times, Warren Buffett’s Berkshire Hathaway HomeServices has recently teamed up with China's Juwai.com to bring American residential property listings to China. An Under-App
Page: HOUSE_OVERSIGHT_012085 →around the globe. As a sign of the times, Warren Buffett’s Berkshire Hathaway HomeServices has recently te
Page: HOUSE_OVERSIGHT_012085 →agement Division Insight Emerging Markets: As the Tide Goes Out = _ “It’s only when the tide goes out that you learn who's been swimming naked.” Warren Buffett, 1982 Letter to Berkshire Hathaway Shareholders 22 | Goldman Sachs | JANUARY 2017 HOUSE_OVERSIGHT_014555 --- PAGE BREAK --- Exhibit 22: ISG Prosp
Page: HOUSE_OVERSIGHT_014556 →hat you learn who's been swimming naked.” Warren Buffett, 1982 Letter to Berkshire Hathaway Shareholders
Page: HOUSE_OVERSIGHT_014556 →ak away from the European Union? In France, for example, upcoming elections in May 2017 are likely to pit Francois Fillon of Les Républicains against Marine Le Pen of the far right Front National. Le Pen has promised a referendum on whether France should stay in the European Union, and, should she win, questions
Page: HOUSE_OVERSIGHT_014561 →example, upcoming elections in May 2017 are likely to pit Francois Fillon of Les Républicains against Marine Le Pen of the far right Front National. Le Pen has promised a referendum on whether France should stay in the European Union, and, should she win, questions about the viability of the Eurozone wil
Page: HOUSE_OVERSIGHT_014561 →Investment Strategy
ties in February. Think of selling defensive equities and bonds and buying banks post-Brexit. None of us will get that right all of the time, but the Warren Buffet maxim “be greedy when others are fearful and fearful when others are greedy” is particularly useful in current markets. Finally, as cross asset inve
Page: HOUSE_OVERSIGHT_014434 →urope, especially France and Germany. Because of the winner takes all system in France we find investors are more concerned with the situation there. Marine Le Pen and the Front National look likely to make it to the second round of voting (again according to polls) and until the vote comes in we suspect investo
Page: HOUSE_OVERSIGHT_014443 →to the second round of voting (again according to polls) and until the vote comes in we suspect investors will be cautious about European markets. A Le Pen victory could likely bring the future of the EU and the Euro into question as she has talked about France withdrawing from both. That in turn has arg
Page: HOUSE_OVERSIGHT_014443 →Entities connected to both Warren Buffett and Marine Le Pen

Jeffrey Epstein
PERSON
Marc Rich
PERSON
Bill Clinton
PERSON
Donald Trump
PERSON
Prince Andrew
PERSONLeon Black
PERSON
Vicky Ward
PERSON
Martha Stewart
PERSON
Rupert Murdoch
PERSON
George W. Bush
PERSON
Barack Obama
PERSON
Prince Charles
PERSONMaria Farmer
PERSON
Steve Bannon
PERSON
John F. Kennedy
PERSON
New York
LOCATION
New York City
LOCATION
Michael Wolff
PERSON
Bloomberg L.P.
ORGANIZATION
United States
LOCATION