YES! Senator Carl Levin (D) Confronts Goldman-Sachs Execs With Some Strong Language!

[callouschristian]

Carl Levin coauthored the unconstitutional NDAA with zionist John McCain. Now THAT's a "shitty deal".

[Niqbal87]

@callouschristian co authoring something and wrecking the conomy are two different things, no?

[callouschristian]

@Niqbal87 Oh, really?? Let me ask you this. How many of these criminals have seen any sort of justice for the multi billion dollar heist on every american who's not in on it? NONE. After all these strong tough cuss words from a fellow jew.....you should wake up while you have time. These jews are laughing at you and your silence, not to mention your strange logic.

[dh363msb]

As someone who's well versed in law, I don't see how Levin can see someone trying to sel a shitty deal as a conflict of interest. The people making the sales are not meant to be giving financial advice and aren't promising anything.

[VolcardoReviewer]

@dh363msb Yes they are, there is a thing called business ethics....all business majors have to take the course and learn from it.

[OnThaRise1]

@dh363msb Perhaps a business law course would be beneficial to you my friend. You will learn alot about the kind of shitty deals you're not allowed/shouldn't make. It's playing with fire.

[Smokieboon]

These thieves robbed so many people and they screwed there own country god bless America

[Solarfactor]

Goldman Sachs of Shit. 

[dalecampbl9]

if this was China, they'd all have a bullet in their heads by now

[bdeepu]

This shit happened because Wall Street marauders took Michael Douglas' dialogue "Greed is Good" too seriously.

[RainBoKatchr]

Daniel L. Sparks is a puke!

[sikajaperkele]

Why aren´t these people in jail right now.

[mbonnar]

Wow. Never will anyone see such an entitled, spoiled looking group of young executives like this one for Goldman-Sachs. I mean, talk about reinforcing stereotypes.

[Looty5150]

get some. ask some real questions, the way real questions are asked. awesome, dude looks like a stuttering, peeing puppy.

[asiandawn69]

You can curse in the Congress?, oh boy do I got some words for the Walt Street bastards :P

[Redcarpet01]

@asiandawn69 I don't think so. You can quote cursing, that's it.

[liduq]

It's so delightful to see them sweat and stutters when they are caught in their lies.

DELIGHTFUL!!!!

[ransom22]

@liduq The Bush administration handles this whole thing very poorly, is railed by the dems for it, and rightly so, and then a bunch of GS people end up in the Obama administration. The whole thing is just insane.

[nudeteawithwoodreaux]

maybe if we really steam rolled goldman we could balance the budget. but no just take 500 million away from them and let em get back to business. thats how far in bed we are with these guys.

[chr5210]

That foul language of that shitty deal is a stupid foolish profanity. Damn em!

[6gu7]

Man... these guys are greasy.......

[kentucky9000]

Something stinks here Gentlemen:

We just cant have this...! Do you have any idea, what the punishment is for this type of crime is if convicted ???????.  Wheres the Honor and Integrity of this nation ? Facts ! Wall Street And US Banking system, They no longer can be trusted...! I say close'em down,And this kind of thing should never happen again.) I concur. Eye

[mastior]

TRILATERAL SOCIALIST COMMIE Anti American Prescott Bush (grandpa bush) owned a steel factory in Auschwitz JEWS made Steel for HITLER

BUSH created Senators/Congressmen out of HITLERS HENCHMEN. THEY are the TRILATERALS The FEDS When you hear the word FEDS that THEM. Members of Rothschild Illuminati. New World Order NWO & Bilderbergs. Rothschild OWNS Wall ST FED RES IRS SS FBI CIA ALL the same Alumni

[Ballerfella2007]

LOL I would love to have heard the Goldman Sachs exec say "I didnt think it was a shitty deal." He plays it all cool....Go Carl Levin!!!

[jayne1245]

this GS guy needs to be hung in public. period.

[klkgmiller]

Please!?! Carl is grabbing at straws. Anyone who thinks GS should be singled out clearly isn't paying attention. Try going to the source for the "banking" debacle - the Federal Reserve. That's where we will get real answers. Not this pony show.

Carl, I know you're trying to save your career, but stop trying so hard. You're embarrassing yourself.

[landerkhan]

Carl is my hero. Too bad that many of his colleagues don't have his spine. It is people like Carl Levin who will save us from the NWO.

[nickrambus]

@landerkhan Will Carl Levin save Michigan from being a national joke that he is mostly part of ???

[robpax]

crooked as hayell!

[NickTerry79]

These guys should run for Congress so they can rip us off and get away with it...you folks who FINALLY trust govt because Bush is gone...have been asleep way to long. Congress is in BED with Goldman Sachs...

Leaving aside the hypocrisy, leaving aside they're our country's highest elected officials, leaving aside the decorum you'd think would come with the office, and that they're brow-beating Goldman guys for shaming "their" office; ask yourself, why?

[NickTerry79]

Carl Levin has always been a shitty Senator, but a terrific crook!

[DarwinSheriff]

We in Michigan once again are embarrassed and ashamed of this IDIOT, Carl (The Glasses) Levin. His main election base I believe is the Detroit area. That should tell you something......

[SexCyberGuideCom]

nice video

[Midwest4life1]

carl levin=badass

[Traveler2112]

It was good that this kind of questioning was done. But the bottom line at the end of the day is: "Will ANYONE be held accountable and actually face jail time for the suspected fraud perputrated by these individuals." Or will it just be a lot of talk, a couple of firings and then business as usual.

[PlanetHenry]

this is great!! its like he saw a window to say" shitty deal" and made sure to use it as much as possible. i bet it felt good to grill that guy like that. . how often do you think senator wish they could unload with out having this civil quota of political correctness

[weston4777]

im just gonna say that binder of emails is such a WASTE OF PAPER, save the environment

[wjguinan]

The crooks in Big Banks need this type of questioning and some type of penalties. But for this congressman to comment on their actions is an absolute disgrace, these clowns in washington cannot even keep their hands out of everyones pockets.

Hey congressman fix the fannie mae and freddir mack systems before you criticise other people.

[ChicagoJoe57]

@wjguinan "Hey congressman fix the fannie mae and freddir mack systems before you criticise other people." I am certainly not going stick up for congress, but I am happy that Levin gave it to Big Ears Sparks. A guy like Big Ears Sparks is very easy to hate! I am glad that Levin showed that Sparks is not only ugly on the exterior but inside as well.

[sw8741]

@wjguinan I second that motion! Congress wrote the rules that fannie and freddie used to underwrite these no money down, 125% mortgages. They bundled up these "shitty deals" and wall street found buyers. But you never hear about fannie and freddie. Congress should be investigated.

[gt40f]

Check your facts, Fannie and Freddie had internal loan rules they didn't violate. The bad loans came from mostly independent banks. Goldman etc bought all the crap loans, got the ratings companies to give them AAA rating, sold them then bet against them.

[ChicagoJoe57]

Hey Goldman Saches, why don't you go in and get an ear job - big ears. You are one ugly pissant for a millionaire. Why did you not take care of your looks fatboy.

These ceo's make me sick. They are ugly goofs who could not get woman with anything but their money.

[hadessix]

uuuuu , the bank heads are really scared now. they have to listen to ppl saying that they are really really mad at them. this is nothing but opium for the people to make them THINK something is being done. Maybe they are gonna make some phony law and say they "fixed" it . And for the guilty ? Im guessing the president is gonna say something like " its time to look forward " and let it fade.

[rl0u8888]

Meh....not even enough to leave a dent on Goldman's stock. Pretty fail...

[jeremywomackdotcom]

Hahaha, hearing Senator Carl Levin chastise Goldman-Sacks was funny enough, but the fact that he kept saying "Shitty" was the icing on the cake. SWEET!

[BlauLion]

weeldone Mr.Levin !! sicerity !!

[particlelight]

Hey, a Goldman employee that is NOT bald. Who'd a thought it possible. He must be their big wig.

[saintsnbraves2]

Ugly ass, liberal.

[Medication102]

@saintsnbraves2

fuck off closet case conservative...

[saintsnbraves2]

@Medication102 Your president is a one-termer.

[Medication102]

@saintsnbraves2

we'll see faggot...if dumbass Bush can get reelected...Obamas in...

[saintsnbraves2]

@Medication102 Don't count on it.

[jonnyg1234567891111]

Obama and part of the Government is "in bed" with GS. They are all corrupot colluding to scam the American People. Also, I love how there is nooooo mention of Fanny Mae and Freddy Mac. This is all bs. All of them need to be thrown out. Corruption has become to evident.

[jonnyg1234567891111]

Obama and part of the Government is "in bed" with GS. They are all corrupot colluding to scam the American People. Also, I love how there is nooooo mention of Fanny Mae and Freddy Mac. This is all bs. All of them need to be thrown out. Corruption has become to evident.

[JannyLynnF]

Why doesn't he yell at Obama for continuing the practice of placing Goldman Sachs former lobbyists and executives in positions of power over our financial sector?

[TylerNull]

HIGH THEATRE

"

Is Goldman Obama's Enron? No, it's worse

Campaign contributions from Goldman Sachs employees to President Obama are nearly seven times as much as President Bush received from Enron workers, according to numbers on OpenSecrets . org

President Bush's connections to Enron were well-hyped during the company's accounting debacle that rippled through the economy. Time magazine even had an article called, "Bush's Enron Problem." The Associated Press ran with ...

"

-- examiner . com

[hectorhjm19]

what do you expect from a jew named goldman?

[surfer1ization]

I need friend, please add me and I'll add you.

[GilbertsonDerick]

Here you have a major firm undergoing hearings for major fraud and failure of disclosure, yet the primary focus is on Levin's use of the word "shitty". Keep in mind you cannot hear quotations.

[DaJallis]

The sad thing is, nothing is going to change as long as these CEO's

are breathing.

[MrSleeps]

i've been watching CSPAN for awhile now and all i want is for these banks and loan companies to give straight answers to the straight forward simple question.

[3goals4bonzai]

well if you dont know the answer - then go find it jackass.

[sirbee42]

0:37!! hahahaah he hits the mike!

[cchh29]

YEAH!! A MICHIGAN senetor going for it..

Nice job Carl Levin

[MultiGarage1]

I need friend, please add me and I'll add you.

[hellothere7654]

@MultiGarage1 - please add levin, obama & bush

[richter85]

wooo go levin!

[Haaggus]

At least goldman sachs creates wealth. Happy with your Apple products people? Thank GS for that

[sw8741]

Levin is such a hack. He portrays GS as selling these derivatives to little old ladies instead of business equals. Mr Levin, do you know why those securities were shitty? Because fanny and freddie lowered their lending standards so low, anyone with a heart beat would qualify for a mortgage which those securities derived their value. When those who had those mortgages, who should have never had them in the first place, defaulted, those securities became shitty. Congressional hucksters!

[mb7668]

@sw8741 Yes, but did they reveal that they were simultaneously shorting the same product they were peddling long?

[sw8741]

@mb7668 Yes, that is how hedging is done. The smart ones try to look ahead and try to limit risk.  Its watching trends. If I buy and sell hot trendy items and "porn star barbie" is the hot item at the moment and I order a million and make great money selling them but the market starts to turn and I sell my remaining stock to my equal who thinks the market has not turned. Am I an asshole for letting them buy my "shitty" "porn star barbie"? Not a perfect analogy, but close enough.

[mb7668]

@sw8741 Yes, but it's a matter of non-disclosure. You're shorting something that you are peddling to your client long. It's sort of the same type of thing as if you had a lawyer representing you that was hiding the fact that he had business dealings with your adversary. Illegal? I don't know, but it's unethical.

[vignesh89sharks]

What is the deal about anyway?

[sharinganclan213]

one group of criminals passing judgment on another group of crminals. welome to the united states of america.

[to0nstyle]

@sharinganclan213

sadly, this is true

[sharinganclan213]

@to0nstyle hopefully this changes. seems to me that libertarians are gaining strength this coming election.

[jibbi4one]

Oh, come on..! Big whoop, nice theatrics for public consumption Gov't/Corp nexus. Now dare you to return the tax payer money portion back to the public off this loot !

[nickrambus]

Hey FATASS !!

Why don't you worry about Michigan and why you ruined it with your lazy, worthless life service of tax hikes, and wasting millions and millions of tax payers dollars for you own benefit, accomplishing NOTHING in over 30 years.

Who are you lecturing anybody and anything when you are the most inept and incompetent person entering any room you walk into

You couldn't manage a lemonade stand at a garage sale without losing money. Then blame on the 8 year old who set it up.

[chakazulu87]

@nickrambus LMFAO

[TheThriftShopSampler]

WE ALL are being ROBBED by the ENTIRE District of Columbia! Why? Because, CRIMINALS (black OR white) don't discriminate like inbred-ignorant-ass-redneck Tea-Baggers. Ya'll have no idea what to fight for. In 1773 they fought AGAINST corporate monopolies running OUR country and OUR economy. But now, while fools whine about brown people, politics and religion, the Supreme Court rules that Nike logos are humans with feelings. MARCH WITH THE REST OF US ON WALL-STREET, or stop waisting your breath.

[SuperDachshund]

Yes?Levin with the strong language?Why in God's name would you feel like a senator is sticking up for you? This is nthng more than one crook slapping around another. Why are so many of Obama's advisors former members of GS? Why is Mr. Blood of "Blood & (Al) Gore" Generations Investment Mgmt. a former GS mgr? Why is GS getting a black eye now under intense political scrutiny when so much of Congress and presidential advisors are beholden to them?

What's going on between these 2 sets of crooks?

[independent4america]

The very fact that you even know how to troll combined with the fact that you use overused memes pretty much showed me all I needed to know about the uploader.

[chakazulu87]

@independent4america No one is trolling this infruiating some people lost thier homes and life savings no one gave them a bailout. These bastards help cause the recession.

[independent4america]

@chakazulu87 Explain this.

FixedNewsChannel (uploader) @MultiPropagandaPanda I apologise. LOLWUT is 4chon?

FixedNewsChannel (uploader) @MultiPropagandaPanda What's rule 1 + 2?

Maybe you're not as adept on the internets to recognize what he did there. I'm not here to discuss Levin's political posturing. The uploader has already tainted the discussion.

[chakazulu87]

@independent4america I believe Levin said it to be seen as a hero, that's what poilitians do but I think that the uploader tittle taints the disscussion. In my opinion most Americans feel the "big dawgs" at Goldman Sachs shoulde be cursed out Dem or Repub. As far as the Fix News Channel thing is concerned well maybe your right about that. LoL

[buntylalnyc]

Carl Levin is really great... so sharp and to the point// Hats off to the Chairman.

[TheLenyon]

How does Levin not understand that markets are in fact made by people having different valuations of a product. At one price one person will sell and another will buy. There is no inherent problem with one person liking a risk and another not. This is so basic, that I suspect Levin is really just capitalizing on the fact that many people do not have the time or background to understand what actually occured

[chakazulu87]

These heartless bastards got rewarded for bad behavior while America and the world embarked in the pits of a global depression( not recession). Meanwhile, these ass holes got 10,20, 30, 40 million dollars bonuses before they even started paying the loan back. This was a big ponzy scheme just like Bernie Madoff. All of this is for show the senators make the laws if they want these assholes in jail you bet your ass they could put them there to call this fiasco unfair is an understatement.

[TheLenyon]

@chakazulu87 What is inherently wrong from profiting when others do not. I have no grudge against someone what was able to earn money where i failed.

[chakazulu87]

@TheLenyon This is not about capitalism, what they did was illegal. They sold toxic to their share holders and they knew it. The problem is the whole notion of being "too big to fail" the finacial and banking infrastructure is 60% of the economy that's way too much. If we don't break it down their will be another recession. We can have regulation and reform without desgrating principles of capitalism.

[MultiPropagandaPanda]

whats wrong with you rule 1 and 2 ?

[FixedNewsChannel]

@MultiPropagandaPanda What's rule 1 + 2?

[MultiPropagandaPanda]

@FixedNewsChannel dont talk about rule 1 and 2

[FixedNewsChannel]

@MultiPropagandaPanda I apologise. LOLWUT is 4chon?

[MultiPropagandaPanda]

@FixedNewsChannel get in here

[Ponjoe15]

@FixedNewsChannel You dont want to know

[Onuund]

@MultiPropagandaPanda EVERYONE

ON THE FUCKING INTERNET THESE DAYS

KNOWS WHAT 4CHAN IS

FUCK WHO CARES

4chanorg/b/ GO THERE AND MAKE IT MORE SHITTY.

[MultiPropagandaPanda]

@FixedNewsChannel we dont know

[Salernogamer]

GS isn't going anywhere these guys are way too smart. This is all a charade for idiots watching at home. Their clients are idiots and thats why they bought the shitty deal so what they boasted about it. It is their own fault. How is this new for Wall Street. Socialized risk and Privatized profit is the name of the game. If it was a new product then you need to warn your client but these were secondary products being traded across the street and not everyone was as smart as goldman nuff said

[nync888]

Repubs sticking up for these douche bags

[JTlovesDexter]

The irony of this whole fiasco is that the execs @ GS will never be properly penalized for the fraud they perpetrated on the world economy.

However, the kid that hacked Sarah Palin's email accounts is facing 50 years in prison.

Justice? Fuck NO!!

[bettySwollox]

@JTlovesDexter

Most spot-on comment I've read in a long time!

[tam705618]

@JTlovesDexter So true. So sad

[acuradan623]

@JTlovesDexter whats even better is if they do go to prison it will be the coporate prison with lobster sleep number beds and fine wines....shame

[49fiori]

@JTlovesDexter FUCK NO! Damn fucking right! Let's take this shit to the streets! There is 300 million of us, we can beat these cockroachs, get your fucking act together people and let's do something! Fuck them, they had their time and fun....

[yoyaya007]

@JTlovesDexter sorry but the guy was sentenced on November 12, 2010, to one year not 50 years and that a big difference

[JTlovesDexter]

@yoyaya007 I made my comment nearly a year ago - at the time it was appropriate. The kid was sentenced 5 months ago - do you think he's getting any special privelages that the GS execs are getting in prison (The ones who acutally WENT to prison, that is)?

[yoyaya007]

@JTlovesDexter i completely agree with you in that 100% it is absolutly not fair but this is a wallstreet goverment!!

[abcd1to]

You got an evidence put those BASTARDS in jail !!

[KataVideo]

Senators Levin and McCaskill used the right language. Except, I might have gone a little further and called the goldman sachs guy, "you fucking asshole".

'Probably why they're seantors.

[vanni9283]

@KataVideo

I'd love to see that, but the head of the hearing would have probably pulled the plug on him if he said something like that.

[00Alderamin]

please send them to jail mr levin

[00Alderamin]

WIN!.

[derberg19486]

I will take a bad day of being yelled at for a few Billion too. Today Goldman stock is up? Americans are a weird bunch.

[TheLenyon]

@derberg19486 The stock is up, because people who are familiar with these transactions saw that there was nothing inappropriate that occured. While to those who are not aware of the details it seems less than reasonable on its face, those who understand now realize there is no evidence of any wrong doing, and the stock is undervalued

[yourmomdidsayyourean]

big deal these guys get yelled as part of stage craft for we dumb middle class workers and then go home to their multi million dollars homes... Blah blah blah You want to impress me congress take the money from these guys and transfer it back to the tax payers.