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“In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable warehouse that investment bank Goldman Sachs has transformed into a money-making machine. The derelict neighborhood off Michigan Avenue is a sharp contrast to Goldman’s bustling skyscraper headquarters near Wall Street, but the two operations share one important element: management by the bank’s savvy financial professionals. A string of warehouses in Detroit, most of them operated by Goldman, has stockpiled more than a million tonnes of the industrial metal aluminum, about a quarter of global reported inventories. Simply storing all that metal generates tens of millions of dollars in rental revenues for Goldman every year.”
Football fans in the central African state of Congo were hurling accusations of witchcraft at each other yesterday after a freak blast of lightning struck dead an entire team on the playing field while their opponents were left completely untouched.
The court heard Dinnen was drunk and on drugs and had come to seek revenge on a man who had thrown him out for lighting a cigarette about 50 minutes earlier. The court heard the man Dinnen had been looking for had actually left the pub before he returned.