Goldman Sachs fraud, how they cheated investors with exploding bonds - Part 1 of 2

[stephen2152002]

Sadly, the people who got screwed the most, don't even know they got screwed at all. They think they just made a bad investment. Well, anyone investing on those rates would have to be a greedy moron. However, the people are being mislead and are told those investments are good. And because people trust in others, they get what they payed for. Unfortunately, this is just unethical and not illegal. Thanks for the taking off regulations, Congress! Govt. in on it too. Don't be fooled.

[MsCustomerCare]

Scary....I lost my job a couple of years ago. I recently, finally found a new one. I bought up and challenged the company about ethics twice. I no longer have that job...who would have thunk it. Where does a person with ethics get a job these days? I'm frightened.

[Marvareeno]

@MsCustomerCare

You might try running for the US congress. Having ethics will disqualify you unless you can manage to disconnect the rigged touch screen voting machines. Then you might have a good chance of getting a cushy high paying job with little to do. If you try to reopen the 9/11 investigation you will probably need about a dozen private body guards. Relying on the FBI and Secret Service might be dangerous. Just look what happen to JFK and his brother Bobby.

[magicskyfairy69]

good for them. they found a way to make more money than all of us. they're smarter than we are, and let them keep screwing us. the rest of us can't really blame them, they are better than we are and have found a way to take everyone's money. We can't do anything about it either, they win, accept it.

[centurion180ad]

Oh, BLACKMAIL is such an /ugly/ word! Veritas.

[nareas777]

The Seurities and Exhange Commission MUST REVOKED the license of All traders who work for Goldman Sachs. These people are far worst as Bernie Madoff. The Federal Government MUST Remove all the LICENSE of Goldman Sachs brokers and their Chairman and LET THEM EXECUTED by FIRING SQUAD or JAILED in MAXIMUM SECURITY without any PAROLE!!!  This CRIMINALS are EVIL and GREEDY MORONS!!!

[TFDurden]

The world needs the US citizen to revolt once again.

They revolted for taxation without representation but not for being robbed in the biggest theft in the history of humanity.

Maybe they have too many movies, TV shows, magazines, Baseball, Football, Hockey, Basketball, video games and other 'gladiator' games to distract them...

[MrMamartin]

Us government must eliminate Goldman sachs

[EXOMATRlXTV]

HOW STUPID to pay 5000 dollars for a taxi, if you can pay a second hand car for 1000 dollars and sell it for 500 dollars (thus have 4500 dollars saved)

John

[jobedied]

Goldman Sachs is laughing at the American people any legislation will have loop holes around the phony smoke screen legislation. Even if it has some teeth ( fat chance). Goldman Sachs will have politicians elected to office over the next few years to undue any legislation that does not allow their theft. The systemic theft of the middle class standard of living will never stop until we are a feudal serfdom where 99% of us are perpetually indentured to the banking , investment cartels.

[dbullet]

what an idiot.... a toy car as an analogy for a synthetic CDO which by definition require credit default swaps and, hence, a short position to create... investors knew about those shorts.... lol the SEC is retarded and should have created a better story.

[CronusPrime]

Eliot Spitzer.. hmm wasn't he the crime fighter saving us from the perils of prostitution as attorney general of NY then while Gov. dropping over $80,000 on high priced hookers himself.?. Maybe the Dylan Ratigan show can get a statement on this from Rod Blagojevich too..

[jungian9111]

AIG, WTF!  Are you kidding?

[taysirk]

should it not be CRIMINAL?

[colin8696908]

wasn't paulson the one beting it would fail

[Rizky06]

I hope they keep Dylan Ratigan on the Air!!!

[linnx88]

All these bastards need to be put in jail!!!! Of course that'll never happen, because they're better then regular schmoes, they're above the rest.

[happycatss]

There is talk of the SEC being incahoots with Goldman Sachs. Saying that this is all just a show for the American people to make it look like our government is doing something about corrupt businesses. Whearas in reality, that Goldman Sachs will only be fined something measly in comparison to what they have stolen, which they will then gladly pay, then go on with their business as usual thereafter.

[jizzmonger]

@happycatss

I agree.

What the fuck is a fine to a billionaire? Especially one who made all his money taking it from you in the first place.

Nice rant on this video though.

[Rizky06]

@happycatss

Would you give your money to someone who 'rigs the game' and then bets against you?? Goldman is toast!! It was probably designed after the bailout from bottom to top as a 'fall guy' shell company anyway! Their new name will be "Gold In Sacks"

[CosmoHunter24]

@Rizky06

Goldman is not toast. I assure you of that one. It's a civil suit, not a criminal suit. And it wasn't designed after the bailout. It was designed in 2007 - before everything crashed...

[Rizky06]

@CosmoHunter24

Goldman Sachs 1869-2010 bye bye!!!

watch?v=1qry0Y8MQC8  Keep in mind Davinci works for JP Morgan

Goldman Sachs was never part of the Private Federal Reserve but JP Morgan/Chase is!

[CosmoHunter24]

@Rizky06

I'm not even sure how I'm suppose to respond to that. Utter ignorance.

[Rizky06]

@CosmoHunter24

All will be self evident as that is how the game is played!

Google Bloomberg Picks a Fight With the Federal Reserve

[Rizky06]

@CosmoHunter24

Bloomberg Fed Defies Transparency Aim in Refusal to Disclose (Update2)

[happycatss]

Good video. Well said and straight to the poiint.

[jizzmonger]

@CosmoHunter24

Sort of. They gave the debt high ratings because the debt was insured (by AIG).

You can see why Franklin Roosevelt demanded that Banks, Investment Banks and Insurance companies be seperated in the wake of the depression. We deregulated under Gramm/Leech/Bliley and gee.......look what happens.

[Rizky06]

@CosmoHunter24

Taxpayers were still forced to bail them out for their massive fraud. Drop the Guillotines and let the blood flow!!!!!!!!

[Rizky06]

@CosmoHunter24

Returning money that was stolen. I hope these photos are posted on every channel and huge 'dirt naps' are the result!!! "No Honor Among Thieves" JP Morgan/Chase is now their enemy!!!

[TheMarchon1]

fucken amazing..just amazing...why are these guys still even alive..in china they would have shot them

[TopFlightMarketing]

This video NEEDS to get out to everyone.

[oso1248]

Prompter or not the man is telling a lot of truths that no other station will touch, FOX, CNN, ABC, CBS all of them are shills of the government.

[1RoaringMonk]

they stole my house last week waiting for eviction -I as an american am ready to fight to the death

[TopFlightMarketing]

@1RoaringMonk

I feel for you man. Go check this out. I'm just learning about this, but there's a good chance that you have some recourse.

Look up "Fight Foreclosure: Make 'Em Produce The Note!" by consumerwarningnet here on YouTube.

[laninamia]

@1RoaringMonk YOU STILL HAVE A CHANCE GO THIS WEBSITE HJR BONDS TELL THEM WHAT GOING ON. AND THE MEANT TIME FILE A BANKRUPTCY 13 TO STOP THE EVICTION, DO AS MANY YOU NEED, TO GET MORE TIME TO TRY TO GET YOUR HOUSE BACK, IF YOU HAVE TENANTS IF YOU DO YOU HAVE TO DO A CONTRACT TO HIM OR HER AND YOU GET 3 MORE MONTHS , BUT DO IT FAST, DON'T WAIT TILL THE SHERIFF COMES TO YOU DOOR, OK I AM IN THE SAME SITUATION AS WELL , AND I AM DOING EVERYTHING TO GET MY HOUSE BACK, GOOD LUCK

[MontanaSSky]

Just make simple, you build a house knowing it will crash and sell it to Joe, then you buy insurance against it will collapse. Now the house crashed you profit nicely. That's fine, it is capitalism. The problem is Godman Sachs and the Goverment were working togather built same kind of house over.

[Noah97]

Dylan is the only good thing on TV

[mmantech]

gotta love Dylan

[RSANDO1084]

is this guy reading this off a promter