Jim Rogers there were huge opportunities in this crisis

[AnthonyMS100]

MONEY AS DEBT II watch video

[potterword]

this old impotent boy is part of the global problem. the old dog desires only to make money for himse

f and Soros, etc. This ball-less fruity is one of "them"

[PeterOfTheCosmos]

What an asinine comment. Jim Rogers is an individual investor - of course he's trying to make money for himself. Aren't you? Don't kid yourself.

How exactly is he part of the "global problem"? He's not in charge of the misguided monetary policies that put us in this situation in the first place.

[dejahthoris]

A bunch of unscrupulous evil investors made a bunch under Bush at the expense of many

[killergames187]

Did he say Goldman's people did a good job?If you gave my business 30 Billion dollars i think i can make 3 Billion in profits!!WTF

[jeremydtx]

at what percentage interest is the loan given? what are the terms of the loan? what is the tax rate on your profits? that statement - you could make 3 billion in profits off of 30 billion dollars - maybe, if you parked it in a super safe CD?! This is misinformation.

[killergames187]

I run a small business a can tell you with that much money it is not hard!As for your misinformation the point i was tying to make is the Govt gave them so much money how can they not make a profit?

[jeremydtx]

I, too, run a small business. My point is simply that 3 billion in profits may not be as easy as you assume. It is all just a house of cards and the 30 billion went to sure it up a while longer until everyone figures out what is going on.

[biohax]

nevermind the fact they automatically make 100 million every trading day using their high-frequency trading program, they also have a considerable tax advantage.

they only paid 14 mil in taxes last year when they made billions...unlike small business who are hit with massive capital gains taxes amongst others, most big companies are tax exempt. the little fry like you pay more than the big fish.

thus, making a mil for us is much harder then them.

[whereismybailouttv]

But what he's missing is the accountability. Is it ok to make billions in this current economic metldown? Rogers keeps blasting the idiots who caused this (rightly so). And who continue to add to the problem.

You can't make huge profits with no transparency. Sorry, but that's a double standard that Rogers should be ashamed of promoting.

[Cjmdgk]

In capitalism, anyone with capital can make money

[Krampfarsch]

in capitalism everyone is better of, to sad we dont have capitalism in the last 100 years

when i talk about capitalism, i mean free market capitalism, not this crony captialism shit we currently have

[shikagonga]

given how many ex goldman staffers have served in key positions at the white house. it doesn't surprise me that they made it through Q3 & Q4 last year unscathed. how do we know whether their risk management was any different from lehman or AIG?

it's a racket, lucky if you can get in. unlucky if you can't.

[edjuh10]

every dumbass can make money when you can lend it at 0 -0,25% from the fed.

[ednan9]

hmmm..I thought guys in Goldman wre going to become farmers?

[lindabebe835]

Goldman getting millions is just plain robbery.

[davidpark68]

Goldman getting the Bailout money was Congress's Crime, Using the money to crush the competition is Goldman's crime. take it easy on Jim He's an Investor not a Politician. he can't taint the water he has to swim in.

[agitcam]

They weren't "quick or nimble" they were positioned.

[Rustyshackleford08]

Wow I never expected that. goldman is a criminal organization. We finally know what the beast is.......

[LisaJ4Liberty]

Wow, so much for Jim Roger's integrity.

[gazoorap]

yes let me open my umemployement check owe 300.00 dollars

whoooooo!

and they get 17 billion for bankrupting america

i feal like im loseing

well anyway chip chip

cheerio.

[gazoorap]

got to get back to usa jim

you seem out of touch

idont know?

other wise

cheerio

[MaxZagar]

JRs comment is unbelievable! Tax payer money channeling to GS, is ok. There goes JR's credibility in my eyes. Thanks for that.

[WorshipVideo]

He didn't say that.

[MaxZagar]

Well, at least he wasn't on top of it. Perhaps, it was too early morning or he is getting sloppy.

[bl782]

Also you have to admit the clip ended pretty short with 1: 14 seconds and sounded like he had more to say, either this vid was cut short or commentator cut it because 1:14 seconds for Jim rogers is not enough to explain the Issue He did say 17 Billion in bonuses was ridiculous, is point was how much do you cap their pay, that no talent will work there and taxpayers never get our money back

it almost reminds me of how people reacted to comments on the pound sterling is finished

[MaxZagar]

Blah. are you reposting this comment ...

[BlacksAreBeautiful]

Wow...funny...I thought the same thing, and your comment was the first I have seen...Does he really need to see their "earning statements" to realize the shenanigans that went on between Paulsen and AIG???

[Ubreako]

the question is what are you doing to protect yourself ?

[MengersDisciple]

There's nothing wrong with making lots of money.

The question is whether Goldman Sachs made that money honestly. The answer is NO.

Just remove the $12.5 billion of citizen's money that got funneled to GS via AIG and no more rosy profits.

Also, how is it that their leaked program trading code, "in the wrong hands", can be used to manipulate markets? Are we just supposed to trust that same code in GS' hands?

And what about all the ex-GS cronies in powerful government positions?

[bl782]

Dont forget The Bank Hold status that opened to a far array of programs and capital

[alphaknave]

hes basically saying he doesnt know

[LisaJ4Liberty]

Oh please. He doesn't know? But all the rest of us do, don't we. Goldman benefitted hugely from the people's bailout. They also gamed the system unfairly. He knows this. He just doesn't want to say so because he's got friends himself he doesn't want to alienate.

[alphaknave]

I said he was saying he doesn't know, not that he doesn't know. That's something I don't know.

[bl782]

Or commentator only gave Mr.Jim Rogers 1:14 seconds to explain his thoughts, knows Goldmans would have gone bankrupt without the bailout, Goldman his a huge lender to all banks and had those banks gone under, Goldman would have gone under subsequently, so the government rescuing the real bad banks saved Goldman, and Jim Rogers goes into how allowing Goldman to gain Bank holding status was better then any bailout, and Jim stated this in previous vids