A reputable Wall Street firm faces fraud charges and many people want to know just what is going on. Did they really commit fraud? Can we blame them for contributing to the Great Recession? Will Goldman Sachs fail?
We can’t know ever what will happen but we can know the astrological conditions of the chart in question.
On April 16, 2010 the SEC announced that they were suing the prestigious investment bank, Goldman Sachs.
In a nutshell, Goldman Sachs is accused of knowingly packing investment packages with securities (such as subprime mortgages) that were extremely likely to fail and then selling them short, making a profit while investors lost their shirts.
A nutshell is an entirely apt term since trading in CDOs, hedge funds, and securities can be a shell game since the person controlling the shells can control the outcome.
Goldman Sachs was founded in 1869 by German immigrant Marcus Goldman, who brought his son-in-law Samuel Sachs into the firm in 1882. In 1885, Goldman’s son and another son-in-law joined the business and the firm began using its present name. Goldman Sachs & Co. joined the New York Stock Exchange in 1896. During the Crash of 1929 their reputation was tarnished because they offered closed end funds that resembled a Ponzi scheme.
The venerable Goldman Sachs partnership incorporated on July 21, 1998 as an initial step before going public, which they did in 1999.
The most recent incorporation date chart is the one to use when looking at the fortunes—or misfortunes—of any company.
Should you invest in Goldman Sachs or pay attention to their advice?
Rather than tell you directly, let’s shuffle the shells around and see if you can find the answer. Every shell game on the street corner starts with three shells. In this case these shells are called: the Good, the Bad, and the Ugly. Pick the right one and you will find your answer about Goldman Sachs.
The chart itself looks promising. The Sun and Jupiter create a trine—a lucky—aspect. The company is successful and guided by high minded principles (Jupiter) and this is one of the “super aspects” in Magi Astrology that indicate success.
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Juno is the planet of wishful thinking, illusions, unrealistic dreams, self-deception and deception. Notice that Juno is trine Neptune and that Neptune rules long term financial security. This company can give the illusion (Juno) that financial security (Neptune) is available with their products and may even inspire others to invest.
Mars (energy) trine Chiron (reputation) is a sign that the company will work hard to maintain their reputation, but this is not a super aspect.
We can even point out that Pluto trines Sappho (The asteroid SAPPHO is associated with extreme neurotic behavior, including intense fear and can act like a financial vortex catalyst), so the company can be a powerful (Pluto) player in the financial arena when people react irrationally and huge amounts of money are involved. Remember that Pluto rules mortgages, as well as most financial instruments, such as bonds. It also represents gambling and betting, and the trading and profits from all types of financial instruments. We might even say that the company can profit from irrational behavior. The term “financial vortex” is especially reminiscent of the way money was sucked away and value was lost during the height of the mortgage crisis.
In the heliocentric chart, Jupiter and Chiron form another valuable trine, which is considered in Magi Astrology to be a “super aspect” for success. This company simply oozes sugar and spice and everything nice. This aspect indicates that the general public (Chiron) thinks highly of the company and will give them the benefit of the doubt. This explains why, even during the height of the U.S. financial economic meltdown, that Goldman Sachs was considered one of the best companies in the U.S.
Point one: Juno also squares Venus in the geocentric chart. Juno is the planet of wishful thinking, illusions, unrealistic dreams, self-deception and deception. This company can give the illusion (Juno) of financial security (Neptune), but by including Venus there is yet another financial planet involved with Juno, but this one is a turbulent formation.
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Juno and Venus make a T-Square with Pallas that we won’t discuss here, although it is pertinent.
Juno (illusions, delusions) square Venus (social activity, pocket money, quick financial transactions) can represent things that aren’t what they seem and Goldman Sachs may give the impression of being better than they really are. On the other hand, Goldman Sachs might be deluded about their assets and the value of their goods, too.
Point two; note the T-Square with Saturn at the focal point of the opposition of Sappho and Neptune (long term investments, such as real estate).
The Sun is applying to an opposition to Neptune, a turbulent aspect for long term investments. With the Saturn square aspect to Neptune the company will struggle to attain long term security (Neptune).
Point three: The most important trends are observed in the Progressed Chart.
The “birth chart” has the benefit of the Sun trine Jupiter, but the trine is separating in the progressions.
In heliocentric, by progressed transit Saturn applies to a square to the Earth/Moon complex for more than 40 years. The benevolent, lucky company shown in the geocentric chart has a turbulent square only seen in the heliocentric chart. Some people might describe this as an indication of greed, heartlessness, and calculation. As a progressed transit this shows an unfortunate trend over time and is a sign that the company can be judged harshly by the public and authority figures, including the SEC.
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The Progressed Earth/Moon is involved in a turbulent T-Square–conjunct Uranus, opposite the financial vortex asteroid Sappho and square to Ceres, the finanical asteroid that is so important to business. Goldman Sachs is having difficult financial transits, to say the least.