Lehman Brothers Collapse. CRISIS NOT OVER. sep. 15, 2008.

[TheREIMaverick]

I just had to comment, great job on what you are doing! I like your video! to your success!

[MrShane737]

MONEY JUNKIES!!! END OF STORY!!! TELL A HEROIN ADDICT TO STOP SHOOTING UP, YOU THINK HE'LL LISTEN?????

[MAJIKVEGGIE]

Congratulation to the mainsteam media for finally acknowledging our financial crissis.

[jonnydorobantul]

USA is a "made in china(ASIA)" country...NIKE..made in asia, rebook...made in asia,puma..made in asia, CARS...made in asia(Japan and Koreea)...whats left made in USA????? I like what the russian astronaut from "armaghedon the movie" sez :"RUSSIAN ...AMERICAN...ALL MADE IN TAIWAN" :))))

[Bassplayingboy]

It is rediculous that top bank CEOs got $10mil for doing such a great job running our banks into the ground. This is NONSENCE and it has to stop.

[homer30]

this is one of the reason why socialism will never die. Karl Marx have predicted quite accurately the contradiction inherent in capitalism

[bloodbrother44]

my pusssy is wet 2

[yaknbo]

All I know is, if any FUCKING commies come knocking on my door, I am going to KIL THEIR ASSES.

Let's take it to the streets. CAPITALISM FOREVER.

EFF, and I mean EFFFFFF, Barney Frank, Chis Dodd and Raines. EFF ACORN, Obama and COMMIE MURDERER Bill Ayers.

[Roelandvinken]

iq estimate; 45

[bob4this]

Now that the collapse has occurred, the reform roadblock built by Senate Democrats in 2005 is unforgivable.

We now know that many of the senators who protected Fannie and Freddie, including Barack Obama, Hillary Clinton and Christopher Dodd, have received mind-boggling levels of financial support from them over the years.

[simonbayes1]

This was coming, as the New world order is, its all out their, research please, its so simple Rothchilds Rockafellas, they want everything you own, even your lives, and they will have it along with your guns, its a war, and the enemy is in your back yard.

[avengemm9dog]

HA HA idiot. this is not the new world order. this is the stock market going into the shitter due to bad economic decsions. was the '29 market crash resulting in the great depresion the new world order's doing? you conspiarcy theroist are so predictble.

[copcake]

HA HA idiot. The government knew about

the predatory lending and did nothing about it.

Why did no one stop it? They privatized their GAINS and socialized their LOSSESS.

Very convenient if you ask me.

Now Bush and his crew keep around HALF of the bail out money. Im not conspiracy theorist but something is cooking.

I smell the grease in your head. Idiota.

[AdamnationZ]

Sounds like FOX terror tactics, friend.

[fleissigerstudent]

So all feeling cocky - pretending making big business and now needing 500 billion usd ? All bank exec should be punched to death !

[noahbohland234]

DJIA and NASDAQ are seeing some impressive rebounds lately its only the goverment though soz

[Operaddict]

Heavens! Could this mean that all those Lehman employees won't get their $50 Million dollar Christmas bonuses this year? I am just beside myself....

[kp365]

You think the Old Fart & Bimbo are going to get us out of this? America is BANKRUPT with the Republi-Cons in the White House. THANKS GEORGE!

[stew4lunch]

kp

Lehman Brothers campaign contributions '89-'08

Sen. Hillary Clinton, D-N.Y. $409,980

Sen. Barack Obama, D-Ill. $395,574

Sen. Charles Schumer, D-N.Y. $181,450

Sen. Christopher Dodd, D-Conn. $165,800

Sen. Joe Lieberman, I-Conn. $165,450

Sen. John Heinz-Kerry, D-Mass. $151,664

Franklin Raines, income as director of FNMA: $90,000,000. Current occupation: Obama financial advisor.

Jim Johnson, income as director of FNMA: $30,000,000. Current occupation: Obama financial advisor.

[silvercityblue]

well don,t be greedy karma is a bitch

[UnconcernedCitizen]

It is too late. It is over. Start plowing the fields again. Greedy greed grabs more victims. The U.S. Government bailout of the venerable 158-year-old Lehman Brothers and behemoth AIG is proof positive of Americas slippery slide into socialism. It would appear the much-ballyhooed Free Market is anything but. That, though, is hardly a surprise. Left unchecked (Read: Deregulation) human beings can never be counted on to do the right thing. Just ask Mr. Gekko.

[UnconcernedCitizen]

Can't China bail us out of this mess?

[cds10690]

this is only the beginning

next 6 months we will see a lot worse

[dustynbones]

He asked him "what went wrong"?

The moron refused to say GREED!

[Psalm23YHVH]

Very True, may I ask you do you beleive greed will see the end of humanity? Things are so bad the rich get richer and poor get poorer and how long do you think this will go on for? plannet earth has 6 billion people on it and I beleive God made food and space for each person to live freely sadly we have abused this and want more and more

[baukiki]

I hope no more big companies go bankrupt. But I doubt that.

[F300]

I and all my relative will definitely never never spend any kind of money in USA related bond, fund or insurance.

I just hope all the Chinese and the China government stop investing in USA

[FIREBACC]

this america aint it take a look this is what u created but now the shits about to fall i'll be damn if i goin down wit yall

[cdalelefty]

The "big-3" automakers are next in line for federal handouts.

[sjs2011]

RIP Lehman Brothers.. A great company.

A company that survived the great depression, World War 1, World War 2, numerous other recessions and the events of September 11 has been brought down by... Credit Crisis.

[priorzola]

Don't blame 9-11; blame these companies own willingness to make risky investments and give bad loans to an American public that (because of the rapid decline of the Middle Class and the kind of jobs and WAGES necessary to support that kind of investing) cannot pay it back. Maybe if CEOs of these failed businesses started re-seeding the overall economy by giving their overblown salaries to their workers and STOP GOUGING their customers, perhaps this wouldn't happen.

[Rata4You]

Also remember that without deregulation, these banks would NEVER have been allowed to give out these loans. I'm Canadan working for a Canadian bank...you can NOT fake an application for a mortgage. You NEED proof of earnings via your tax filings & a MOUNTAIN of paper work. In Canada we refer to the mortgage application forms in the USA as "liar loans" - simplistic. They were calculated to to make the application process easy to cheat. CEO's made lots of money b4 they sold out their shares.

[themethodsmom]

Take more control over your destiny! Subscribe to my channel and find out how you can make the differenc in your own life. No Gasoline required!

[markjayaweera]

I am stunned that on Wall Street and in London I saw these arsed up executives and their pretty secretaries taking boxes of Lehman financial information very shiftily out of their buildings. Citizens in London and New York should surround Lehman and tell them to surrender all these boxes to the people. Then we need independant auditors to analyse and get the evidence to implicate the Zionist Jewish Bankers who are deliberately crashing these companies.

[5xmama]

Another racist lunatic.....blame it on the Jews...or maybe Clinton did it...duh! Osama Bin Laden is laughing his ass off since he said in his last video he would break Americas back financially...and its happening.Besides being delusional do you have amnesia?? Keep voting wrong and punish us all....thanks!

[Rata4You]

Well it is odd that Israeli's, for such a small minority making up less than 1 - 2 % of the population seem to have invaded the banking sectors, entertainment sectors & newspapers. In Canada the Jewish population is like .05% - how is it that they own 90% of our media? Whats with jews and media ownership? Just curious...nothing racist ok, just a little concerned. You would be too if the Muslims started buying up CNN, CBS etc - wouldn't you??? Especially if they are a very small minority?

[Rata4You]

Last note...if you don't find that disturbing, for whatever reason, consider the fact the the UAE is now buying famous American landmarks, ports & HOLLYWOOD production companies. Why? Simple: those who control the media & entertainment industry control information. Still not convinced? Ask yourself; why would a defence contractor buy CNN & NBC and Time Warner? A DEFENCE CONTRACTOR...General Electric? Maybe a missile manufacturer has a soft side for Mickey Mouse & Disneyword? Wake up.

[Rata4You]

I hate to be thought of as a "conspiracy theorist" but come on, that label is becoming a cliche when it walks, quacks like a duck. It's too much."Conspiracy theory" - you'll drop that line when tommorow the UAE buys CNN with their unlimited BILLIONS in oil money through a HOSTEL TAKE OVER. Then you'll be the "conspiracy theorist" like those that tried to scuttle the ARABS from buying American ports. They bought them BTW....next the airports, huh? But it's probably nothing -they just like planes

[Rata4You]

No dude, another day i'd support what you're saying, but this was sheer greed by the bankers...they DELIBERATELY collaborated with the Republicans to deregulate the banking industry to help create an illusion of wealth. They made money selling their stock & made a quick exit on the way out grabbing their golden parachutes. Free-trade destroyed the middle man...no middle no wealth...attack the poor & stupid. Now YOU pay the mistakes. CEO's are now retired to Cancun. Adios!

[markjayaweera]

You are telling me that after 150 years serving two world wars recessions depressions it suddenly collapsed because of simply 1980s style greed? No my friend there is more here that meets the eye, the more research I do a more nasty is unfolding. You're right about the greed of what I would call the seen and "little" bankers. The Rockefellers and Rothchilds and other co conspirators used that greed to their advantage to serve their sinister can't you see that?

[20prophecyDog12]

is that a lie or just ignorance...did Serwer say that the big players humbly took on too much debt....what if they planned the big debt and sank the ship leaving all these low and middle class debt holders to swim or sink...swim means do anything and anyone to get the funds required to not sink...lie or ignorance??????or am i missing the point

[mancomendoza]

LIERS! This has not started with a mortgage crisis , they Made you believe it , thats just to end up like countries where real estate is paying in cash, banks wont loan the middle class anymore

[mctrowltd]

AngryGoyim: I'm a redneck, advanced degrees, iq160-180 depending on test. Of course i think it'll get that bad. Look at their track record of lies and obfuscation and atrocities.

Don't believe ME. Google "FEMA camps" read the gov't doc's, search "Presidential Directives" and read the Constitution. Then let me know your thoughts.

Experts say 1,000 banks are in trouble, the financial sector, jobs are leaving by the 10's of thousands. Wake up.

PD/FD's are stocking up on gas masks.

[jayers2]

Personally, Im happy this is happening. People, and Americas leaders, just seem not to get that you cannot spend and spend without consequenses. Also this economy is still based on an oil market, I dont see why people seem not to get that this dosent work anymore.

[minjoojoo]

bush fucks up everything

[KelthTruth]

Satan fucks up everything. Watch this and learn something /watch?v=YbHsPR2zhFM

The end times are here. Repent NOW.

[acfiorentina]

The consequences of unregulated capitalism are finally showing, not only for the average blue collar workers... If this was needed to change something, then this is welcome.

[sugargrandpa]

man...Usa is dragging the feet of the world's economy. The world should just isolate US...and play on its own

[Voidka]

A 158 year old bank just collapsed. Hello? Maybe people are finally starting to realize the gravity of the situtation. This isn't normal, meaning the U.S. economy is in the process of collapsing. The global economy will probably collapse as a result.

What to do? Buy seeds and "How To Do It Yourself" books.

I've been saying this for at least four years based on vibes.

[lenegal77]

The issue is, that the banks are failing, but the fat cat CEO's are not leaving empty handed. The regular Joe employee is.

Republicans are the party of the wealthy, white, and racist.

Had enough?

The issue of bailing out these banks is that the taxpayer does the bailout. So....companies privatize profits and want to socialize losses?

And our job market is in the toilet.........

[SZSearcher]

We needed Ron Paul. I can't see them bailing out AIG though, that WOULD be the beginning of the end or the start of a complete government take over?

[Tom0063]

to SZSearcher

They really cannot let AIG go under.  It provides the underpinning for huge swathes of the entire financial sector.

No Ron Paul. Now that we've socialized risk, we need to socialize gain. Fair is fair.

[mousdrvr]

"Now that we've socialized risk, we need to socialize gain. Fair is fair."

That's concise, not histrionic, and it speaks to the fundamental issue. For a second, I wasn't sure this was YouTube. Thanks Tom0063.

[SZSearcher]

Tom0063, you may be right, but if AIG is bailed out, then won't they all start lining up with their hands out wanting "help" too? I am getting sick thinking about all this. We don't have the money, we can't keep borrowing, so we just print more. We are indeed in between a rock and a hard place alright. The empire is destroying the value of its currency, this is going to end badly I fear.

[Tom0063]

Because we are dealing with long-term debt, many think the only way out of this mess is a bout of hyperinflation that will level things out.

The upside for the middle class is that their mortgages are effectively erased. So the creditors are protected from nominal losses and debtors are the effective winners.

The big losers: retirees.

Tighten your seat belts!

[Darqhadouken]

Sign of the last days!

[Fockersnextdoor]

would many Ak-47s and much ammo be a good investment?

[inaviddotcom]

We are in the middle of the one of the worst financial crises since the 1930's. WAMU is next on the chopping block how many bank failures can we take. Were going to need a leader not a high school drama. Im sick of seeing people loose there homes, jobs, saving, and everything they've worked so hard for. Please people we need to all hand write Ron Paul on the Ballot. McCain and Obama, are going to do nothing for us!! Sorry for bringing politics in here but we need someone with answers.

[underaserpentsun]

Vote 3rd party of your choice.

[EMPIRE0FLIES]

ITs about time. Let them FAIL!!! And Bank of America buys Merrill to try to save itself betting that adding Merrill to their books will make them too big to fail.  Bubuy B of A.

[helpmakethingsbetter]

Still the same actions.Corruption,war.A decade passes.Corruption.war.A decade passes.Corruption.war.A decade passed.Peace and Good Actions and Good Wisdom.

[SZSearcher]

"Our economy, I think, still the fundamentals of our economy are strong."

John McCain

09/15/2008

[ronpaulbot]

"I believe that they should, our education over here in the U.S. should help the U.S., err, uh, should help South Africa and should help the Iraq and the ..."

-Miss South Carolina

[antbanks35]

And to think she is smarter than John McCain!

[abro420me]

We can't continue this corporate wellfare. Fannie & Freddie may have been exceptions, but if these banks are all gonna fail let them. We need to quit giving tax payers' money away to the theives.

[gronlaf]

you people time and time again, keep throwing out names and numbers and it doesn't mean shit

just like the dickhead tried say in the vid that there was a "bounce" or turnaround. yeah thats it go back to sleep, it will be ok.

[AnInquiry]

This is what happens when the government doesn't regulate key industries. Even Adam Smith stipulated some restraints on the hand of the free market.

Expect more headlines like this if Congress doesn't pass legislation changing it.

That being said, we need as little regulation as possible to prevent idiots from melting our economy and destroying our way of life.

[mctrowltd]

Prepare for the Bush regime to act out erratically, perhaps war - 9/11 terror attack(s), followed by the imposition of martial law. (They will seize gold/valuables/computers.)

Prepare for dissolution my friends.

[mctrowltd]

The fact is bigcorpa controls Wash DC. Begin w/the GAO doc's describing the formula for CPI (inflation index.) Then formula for determing unemployment. Then formulas for federal debt and deficits. The books are profoundly cooked.

The fed gov't is in debt 11 * its gross receipts, roughly the GDP. (GDP figures are also cooked.)

Discover the underlying principle of inflation, money supply, and prices (Fed bank.)

Halliburton == Cheney, Monsanto == Rumsfeld, and Bush is everyone's whore.

[thesamedifference]

these bankers said the credit crunch was over in october/november last year... then they said 6 months the most... now a year latter its not even close to over. this credit crunch will last 2-3 years from when it started.

[caganb]

Lets all bend over and kiss our ass goodbye

[rhubesh]

bravo bush's administration

[lucki39284]

They told me, let the market decide...they lied.

[MagnaCartaFreedom]

The USA governemnt should end this now,before it gets out of hand.

If they buy the $800bn of bad mortgages,this thing is over.

A lot of money yes but the alternative is worse.

[MortalHino]

it is sad to see what is happening to USA..

[BlueCollarWorkshop]

When we bought our home about 20 months ago the lender BEGGED us to take a ARM and not a Fixed rate mortage, She brought in 3 closers (just like buying a new used car) My wife and I Laughed at them and said no like 30 times, They were really pissed off and tried to make us feel like we were committing a crime, We took a 6 3/4 rate *a point higher then most) but they had to carry 100% which was fine with us ! Now the same company is Dead we are still Smiling !

[MagnaCartaFreedom]

I actually disagree they should have been bailed out,i know it goes against the grain but i just watched a interview of British TV from Case shiller index of USA property,he said the house prices in the USA were only half way through the drop,he expected another 20%+ drop.

What he then said had he totally shocked,he said every single person with a mortgage in the USA would be in negative equity if house prices fell another 20+%.

[dudeman1109]

No I agree. If they didnt get bailed out the whole economy would crash. But since freddie and fannie, we got lehman, aig, wamu, lynch all going under. Im just saying why is nobody being held accountable for any of this. Us taxpayers get fucked time and again and none of the big whigs who should be jailed are being held accountable for any of this. Why?

[hokieneer17]

Part of me wants to leave the country I grew up in. I feel the entire population is being manipulated and lied to. It's not a conspiracy theory, it's factual that the government has spend 60+ years corrupting the US free market. The line of Credit for the private citizens and the government(from other countries) is starting to dry up. The wealthy people at the top (including those running the FED) will reap the most profits.

[wheresthebody]

it wont play for me

[ben5017]

Put it this way ... you F&^king elitists who lost the people's money should pay for you misery you have given to the investors, employees and people who suffer from the fallout.

It's scenarios such as this the fuel revolutions like the French revolution ... I hope it never happens, but the elitists would probably be the targets of the pissed off people.

It's kalled Karma if the people go crazy on the elietists!

[dudeman1109]

And the best part is, nobody will be held accountable for this, aig, wamu, fannie and freddie. The taxpayers are the ones who will ultimately pay for all this

[hokieneer17]

It's a sad "free market" we live in, here in America.

Capitalism.... I'd like to see it tried once in my lifetime.

[ronpauljimrogers]

The truth is free enterprise, Bill of Rights. Everything else is schemes built on top of the fundamental truths. "Capitalism" "communism" "socialism" - poof nonsense. You want food i have some, I want some wood i want some, we trade. Use a moneyorder.

[mctrowltd]

dudeman1109: Stop paying taxes. Cut them off. They refuse to listen to us and they're our elected officials, sworn to uphold the law and the Constitution.

[ubah]

How could you just stop paying taxes? It's impossible especially when you're in this certain social class. There is no escape unless someone does something about it.

[ronpauljimrogers]

What you do is peaceful noncompliance - in everything. There is a revolution afoot, have you noticed all the change? Everything coming at once? This is fact and it has an explanation.

go to mayanmajix d o t c o m

go to thecrowhouse d o t c o m

This is a criminal banking elite trying to take over the world. We can stop them we are the numbers they can't operate without us!

Knowledge is the key, understanding is the victory. Spread the message to everyone you meet.

[phineastbuster]

May be just watching for the $Billions that have disappeared under the nose of Richard Flud.

[OghamTheBold]

Those boxes are full of paperclips and pens

we need to get the stationary auditors in