Insight into Goldman Sachs

[TheGodlyPolitician]

Goldman Sachs does not provide loans to homeowners. As he said Goldman does not give out mortgages, they do not give out personal loans. They are an INVESTMENT bank, meaning they had nothing to do with the economic crisis because they did not give out mortgages, which is the unequivocal cause of this downturn. They told the Treasury they didn't want a bailout, because they didnt need one, Jeffrey Sonn said that. The GOVERNMENT FORCED them to take the bailout because they made it law.

[free4777]

STOP CORPORATE WELFARE!!!! PROTEST GOVERNMENT BAILOUTS FOR CORPORATIONS!!!!! OCCUPY WALL STREET!!!!!

[ddd1600]

fucking liberals. call the waaambulance why dontcha

[ddd1600]

fucking liberals.

[mboots957]

Zero sum total

[theredpillxxx]

two words....Henry Paulson 

[SMuffTlk]

goldman sachs you control the government,

[aoganisi]

There's not much I wouldn't do to work at Goldman Sachs. They're such pros.

[MsJony1234]

Goldman Sachs saw a great natural resource called individual personal greed, (ordinary people looking out for self and ignoring consequence, -this is the majority of people and no one either faces up to that truth or excepts responsibility,) so Goldman Sachs merely obliges that self "preserving" greed and you reward them for it, they are a reflection of us all get use to them.

[jp000123]

This guy is just dumbing down everything, comparing it to a "poker game" to make goldman sachs sound impressive

[ofallonp1]

I like how he says we can blame our government not goldman sachs, but goldman sach ex-employees work for the government.

[22saiyan22]

ppl who blame goldman sachs and banks are losers lol

suck my big cock losers

[benjak21]

@22saiyan22

Great Point. That was an exceptional job of forming a very sophisticated and bullet proof argument in under 15 words.

[edarotag84]

please send all employees present and past of goldman sachs a message, YOU GUYS SUCK and are criminals, there's a special place in HELL for you. Your greed has destroyed half of the world's economies!

[22saiyan22]

@edarotag84 economy is formed from greed dumbshit

[hotello2009]

people what are you doing right now.....it's wake up time....

[TheTelmo86]

Goldman Sachs wants to put their hands into online poker.... Another crazy damn joke!!!! careful everyone now we all gonna get rapped for sure with madness bad beats just for them make their rake,lmao

[PeekaPeep]

Goldman Sachs is a modern-day 'den of thieves'. If you want a ridiculously high-paying position with no accountability, near-zero transparency, and considerable influence over many top government officials as a bonus, one would be hard-pressed to find better-lol.

The day this rotten-to-the-very-core banking institution goes the way of the dodo (along with its longtime 'partner-in-crime', the Federal Reserve) will finally be the day the U.S. rids itself of systemic financial stagnation.

[heyyodoug]

@PeekaPeep And when will that be?

[mikelsok]

Goldman Sachs and their shear entrenchment within the US administration should in itself be a massive wake up call to all Americans that 'Enough is Enough'. I cannot understand why ordinary American citizens are not calling for the removal of all Ex-Goldman Sachs employees within all spheres of US govt administration because quite frankly it Stinks.

[kevp951]

Goldman Suchs needs better stock analysts...almost every stock they pick head south....lol !!!!!

[marketwatch101]

“One Goldman Sachs executive said to us off the record: ‘We’re a very private company. The less people know about us and pay attention to us, the better.’ In commenting on the U.S. government fraud charges against Goldman, Roger Martin, dean of the Rotman School of Management at the University of Toronto says, ‘Sadly for Goldman, transparency is not an attractive option. The better Goldman does in explaining exactly what its business is, the more outraged regulators and the public will be’.”

[hyylo]

Ron Paul and Rand Paul will face a huge problem.

Goldman Sachs (evil bank) have become shareholders of facebook.

The large banks will use facebook to manipulate the support Ron Paul has on social websites.

The government is also trying to introduce internet regulation. They are trying to stop the support that Ron Paul and Rand Paul have.

[YouJustDontNoMe]

Goldman sachs is an agent of the Rothschild dynasty. They helped cause the housing bubble we see today.

[stigmatical1]

This kind of investment banking strategy is exactly what i going to cause the worst economic collapse the world has ever seen. This kind of fraudulence that goldman used to con banks such as AIG is what is causing us to constantly bail big corporations using government money. Only adding to the increasing deficit and inflation. The economic strategy used in america isn't even viable via economics 101,it's economics for fucking idiots. We learn more from unmitigated greed than repetitive history

[ChinoXS]

goldies is god tier.

[gr4ndhustle]

capitalism will eventually cause a nuclear world war.. just a matter of time... get you're bunkers ready folks.. Fallout coming soon to a house near you..

[oppertunityknocks]

i want to work for goldman sachs

[redneckpowertruck]

@oppertunityknocks you're not the only one !



[fortyaider]

@oppertunityknocks So you want to be a greedy crook?

[ohmss069]

@oppertunityknocks Then you're evil. They created the recession, and they'll create the Second Depression. Why? So they could make money.

It's sad.

[halo6534]

@ohmss069 Yes i agree and since me and you are actually intelligent and know who goldman sachs is let me put it into perspective for the people who dont. Ok guys so goldman sachs is a investment bank in wallstreet. Hell they preety much are wallstreet. And GS preety much runs the world. Now i know thats alot to take in but they do. Since the economy crashed GS and many other companies got bailouts from the government to keep the economy from and the US from defaulting.Continued on comment 2

[halo6534]

@ohmss069 And instead of using the US bailout money to keep there business in order they decided to give there greedy jewish CEOs a big fat raise. And many other companies did that and not just goldman sachs. And in that turn of events the economy crashed because banks stopd giving out loans when they were supposed to be using the bailout money to give people loans so that the people would start buying stuff again. And GS used this opportunity to make billions. continued on comment 3.

[halo6534]

@ohmss069 Make billions when the economy crashed you ask? Well let me explain. Goldman sachs like i said is a investment bank.And so what they did was when the economy crashed the government started selling government buildings and selling bonds out to people so that they US could pay there bills. And goldman sachs starting investing in everything. Cause when a economy crashes stocks and interest are low for investors. Thats if you have the money of course which GS did! Continued on comment 4

[halo6534]

@ohmss069 And what GS does is that when stocks and everything else is low they buy them and then sell them back to people at ridiculously high interest rates. Which in turn makes them a huge profit. And since GS owns preety much everything and runs preety much everything. Which FYI goldman sachs has been top dog since the late 1800s. And they have been pretty much running the us economy and the worlds econmy as well, cause everything goes threw wallstreet. Thats our world economy.

[halo6534]

@ohmss069 But anyway i hope that helps people understand what the hell happened and why our economy is fucked up. In one word its just greed guys. And once the economy picks US is gonna buy back all there shit that they sold. And all those banks and investors are gonna wish they never fucked with the US government. Its sad really that someone uses a time of dispare to gain money. But thats just jewish people for you! And kids for all you who never knew why people never likeds jews. This is why.

[marketwatch101]

That's because they're so honest. You know, by betting against the products they were selling. Representing them as AAA when they were junk. Goldman Sachs owns Washington. I've got only one thing to say to the American people, "SUCKER".

[vintagedesert]

@marketwatch101 Youre right.

[Thisawareness]

Al Gore: Lord Carbon Credit Former Vice President Al Gore’s crusade against carbon dioxide emissions could make him millions of dollars. With help from friends at Goldman Sachs, Gore has established a network of organizations to promote the “climate crisis”—and keep himself in the spotlight. Gore’s crusade already has had an enormous impact on corporate decision-making and government policies.

[TagginGurl]

get rid of goldman sachs, the fed. reserve, over turn our current govt., and go back to things that worked before 1870 (financially)!

[PeekaPeep]

@TagginGurl Exactly. That's EXACTLY what JFK tried to do and wound getting his head blown off for it (as did MLK for that matter; he had it all but figured out and had to be silenced as well). Hopefully, the next one who tries to take on such a long-established nest of corruption and greed like those institutions already mentioned will have the good sense to do it with some much-needed 'backup' on hand.

[soskisoskisoski]

EAT ONLY VEGAN FOOD ' YOU PIECE OF SHIT .

[sedeki]

Why did the US govt. support subprime loans? Bill Clinton did, it was "good" politics so people could get "affortable housing" as it were.

Extremley bad economics.

Don't let the govt. touch the market: don't bail out GS, don't create a market for subprime loans.

[fredocorleone]

Goldman created $50 billion in CDOs filled with designed to fail mortgages, then took out insurance at AIG via credit default swaps for these CDOs, then shorted these CDOs. Like an arsonist burning down a house that he just took an insurance policy out on...Goldman is committing fraud to obtain their profits. Enron did far, far less damage to this country.

[Ranlon]

Finally America is waking up to the real problem, Goldman Sachs /The Federal reserve.

[davidperi]

Thanks for these insights.....

[beancube2010]

If the govt really want to reform, they must separate savings and loans. It is because banks are using our money without paying the interest they charge their customers. This business model is a fraud mathematically and historically. The imbalance of skew toward charging interest without paying the same to its source is a blind spot and fable of our economy religious. If we allow this phenomena of economy continuing for another half century, it'd be an insult of our modern intelligence.