the culture of Goldman Sachs explained by Max Keiser

[TheKinggringo]

Haha! I wish goldman would say that ish and then America sucker punched um!

[damion99]

dont be mad cause they styling on you!!!

[smokenfly514]

Haters gonna hate

[dalecampbl8]

Goldman Sachs needs to be burned to the ground and its executives lynched

[radicalsquare]

I will say that Dylan Ratigan is far ahead of the curve among the talk show hosts in their criticism of the fraud that GS perpetrates. Charlie Rose, as Max says, no so much.

[4390100]

Max is right, as for Peter Schiff, yeah for what he says is allright and everything, but he never really talks about how Corporations and Banks have paid for our government and that is the underlying problem, it's called total corruption. I have never even heard Schiff's opinion on the Corporation as being a human being, is it OK with him? On small and medium sized business Schiff is great, I know he does not like the bailouts, who did, but the people who got the money, that is an obvious one.

[stephenrblv]

@4390100 You need to take all of these types with a grain of salt since they are Capitalists. Their product is doom and gloom. Much of what they say is mostly accurate. However much of what they say is done to sell their offerings and is exaggerated. Very little of what is going on is much more complicated than a bunch of greedy scum cheating others. There is no grand conspiracy really. It is all games designed to extract money from people. Pretty simple stuff actually.

[4390100]

@stephenrblv Oh I do take it with a grain of salt. However in Max Keisers favor he is usually accurate, and he will go as far as saying that the big Banks have to be broken up, so that would include IMF, World Bank and the International Bank of Settlements. Also, I heard him say he is in favor of regular audits on these Banks, all Banks, and bank related. He also never goes too deeply into regulation or stemming the corruption of government completely and so many other items.

[mauriceraffoul]

i was a mortgage broker and it seems it was alot easier to be a goldman broker then a mortgage broker. i know i could work there in my sleep.

[takewhole]

GS is the biggest mafia on this planet, the biggest racketeer, the biggest 'match-fixer' on an astronomical scale. All the CEO's deserve execution and even then that as a punishment is not enough. I pray God stokes the fires of hell for these people. Oh and what do the american government do when GS deliberatly inflates and crashes the market (and make a killing in the process)?? the government then gives them billions of dollars......we are all slaves of GS

[Bobzeedo]

If you want a realistic and inside look at a banking career, the lifestyle, challenges and opportunities then Google and read "The Banker Who Saved His Soul"

[PredominateOne]

The point should be that banks need at least 10% reserve, to cover demand liabilities, in order to be able to lend out money to produce work and successful companies that can pay off their debt and make expansions that further benefit the economy. If they lend too much people think it's a scam because they can't see their dollar bills. Too little and they can't make a profit themselves. They need the money, and without it they can't bring us true wealth.

[4390100]

@PredominateOne For the life of me, what exactly is your point? They are not bringing us wealth, they are in fact collapsing our economy and not just in 2008. The dollar is becoming a worthless piece of paper, and who do we have to thank for all of that? Most of the blame is on the FED in collusion with the big Bankers, I will bet you 2 things, 1.there is no banks hardly with 10% reserves, 2. nothing has changed, the Banks in Collusion with the FED will cause another collapse within a year.

[eighttracks]

@4390100

Hey just curious why you separate the banks from the fed

didn't the banks create the fed and own the fed????

[4390100]

@eighttracks Not sure exactly what you mean. But, the FED has stockholders just like Goldman Sachs, the trouble with the FED stockholders, it is difficult to get complete information on them. So it is a separate entity to a degree, but they probably have the same people owning it that own most of the major Banks, who knows? As for the FED, I'd like it back under the control of Congress and they kind of need an amendment to make sure they never again lose it.

[PlayBoyohsoFresh]

@eighttracks yes.

[WarrivarNeo]

@PredominateOne what liabilities? they get bailed out by the central bank. I would bet my left nut that no bank in the western world sticks to the 10% reserve requirement anymore.

and what do you mean they cant make a profit? they make 100+(n)% in profit on every "loan" because every time they "loan" money they just create it putting up none of their own assets.

[mozaks80]

So.. it's illegal to rob people unless you're big enough to have the govt in your pocket... nice

[stephenddblyth]

@mozaks80 yep its illegal unless your funding the system that makes the laws. then its fine in fact there doing a good job for the people right?

[MrSpringooo]

@mozaks80 ,,, financial system is managed by people lacking integrity & the gov. is acting like a total naive so, if they call that free market economy sorry i'll pass. all the tax payers ultimately turn out to be the"suckers" bec, these idiot financial firms are bailed-out by tax payers' money.. what a shameful,sick policy by the gov!!

[mozaks80]

@MrSpringooo: It's easy to now see the elite upper echelon of the financial sector (among other sectors) acting almost as puppet masters of the govt, which makes it far easier to comprehend this picture. Why would a mega corporation act in a fundamentally philanthropic manner after all? They're one and only goal is profit, the people of America don't even rank 2nd or 3rd here...

[centurion180ad]

Banks must ATTRACT private capital to themselves by bidding for it, and then offer loans to highly productive enterprise at modest rates. Instead illegitimate gangster government ROBS taxpayers at gunpoint, and hands over everyone’s dollars to God damn BANKERS free of charge.

If BANKERS have been given all the dollars for free from the proceeds of a VAST robbery, they have no incentive to loan. They’ll just buy you off your own property & labor for peanuts, as YOU go bankrupt.

[incredibulluke]

one of the biggest thieves of all time, robbing American people blind

[josedro]

@incredibulluke Only to American People? no sir they have been ripping all over the world, You know who are they?. Bloodsuckers I think you have figured already

[bella0black]

@incredibulluke not exactly... they're robbing the entire world.

[concubinage]

@incredibulluke The whole world***

[mergerandaquisition]

@incredibulluke survival of the fittest dont you think? -i work at barclays

[bohemianh]

the tribe! at work bernie is just one, there are 10 million more!

[bohemianh]

one jew steals from other jews? where's the crime?

[caughtupinthematrix]

a machine of perpetual larceny....that about sums it up perfectly.

[Natasha26]

@407buddy Haha, Project Mayhem! My favourite line was "we wait your tables, we make sure your calls go through, we protect you while you sleep." ...However there's a flaw in that movie. U can't blow up a couple of buildings in the hope of erasing everyone's debt. Those banks store their data in remote data centres. U'd need a powerful virus to do the job! Let's rewrite the script :)

[louiethegreater]

The video ended on Peter Schiff, good thing; I agreed with him up to that point. Peter Schiff is as unamerican as Tim Geithner or any of the rest of them, they all encourage offshore investment: cheap labor, poison enviroment investment. Other words making a buck of the backs of peasant labor.

[Natasha26]

I don't understand how Madoff got away with it for so long before he got caught. Was the SEC asleep at wheel?

[Natasha26]

@407buddy i bet u loved Fight Club! ;)

[Arginine88]

damn right about Peter

[fatpius]

too bad the pool wasn't piled high w/them all.

[goscott4]

Found dead at the bottom of his pool,67yo! Worked all his life to end up face down or belly up :-))

Last night I had a good nights sleep, but I did not wake up in a 10mil house. I bet when Picower was alive, he did not sleep as well as me most nights of his life.

Love of money? Oh yeah,,,,,,gets them everytime!

REV18:21

[goscott4]

Jeffry Picower.....Maddoff friend found dead!

[PortRichmondCatholic]

BLOCKBUSTING why you should be TERRIFIED!!!!

watch?v=r_F9kt-6ZyQ

NAFTA Natural Resources and land theft

Please share this is what they are doing

[ubuibiok]

*****