@youwatertubeflaws Half of these idiots don't read the shit they are signing off or they don't understand the complicated legal language contained within the bills. There is even a proposed "Read the Bills Act" to get them to read the bills!
So much money has gone the goldman sachs of shit. But they look as if they know nothing at all. All is just coincidence to them. (and no one buys that except the government) XD
It's not Goldman Sachs, it's the nature of MAN! Every civilization in history has had corruption. These hearings are merely the equivalent of cutting of the diseased leaves of a diseased tree when it should be yanked by it's roots! These scumbags will always get away with it cause' they make the country a pile of money and if they screw up well they will use "The Bulldozer" i.e. the American publics taxes to bail out the country! Man is a selfish, fickle and falible creature. nuf said!
In former times, when some men betrayed a mass of people, the King or what institution ever had the duty to PROTECT the people, it was possible to rather present the thief in a wooden cage at the town's market, so that everybody could revenge for the committed crime or he simply was beaten to death..
people of teh world are not ready for totally freedom and humanity today, because its too simple for some other people, to betray the others.
Hard, but true.. fuck all this markets and finance...
@GPCMUTTERFICKER So eloquently put! You really displayed your mastery of political science and economic theory! Fuck all this markets and finance? markets are the only thing keeping this country alive. Do you know what total freedom is? CAPITALISM. we dont have capitalism. we have corporatism and government interference which caused this whole mess. Dont get pissed at Goldman for making a buck off the fed's fuck up. Oh, and by the way, your mother should have swallowed.
I am not one to advocate violence, but a good ass kicking is in order. These people are crooks, and the justice department needs to their job. This is nothing more than a display for the public to watch, a side show exhibition. Those that were swindled should be compensated, and close the doors of Goldman Sach's for allowing this to go on. The license's of these people should be revoked for life as a warning to future generations, that this type of scheme will not be tolerated in the U.S. of A.
...and it was the GOVERNMENT (that start playing high-minded adjucators) and the corrupt executive level politicians, presidents included, that dismantled the glass/steagall act during the clinton and bush eras that was created in 1933 to prevent EXACTLY this kind of chicanery and outright fraud.
notice that none of these guys is over forty- the pure greed breed of Generation Z...
``notice that none of these guys is over forty- the pure greed breed of Generation Z..``
Well that`s just stupid. The people from the Clinton and Bush era you referred to in your post were almost all over 40, even back in the 90s. Most of the people who concocted these schemes and have any real power behind them aren`t under 40. So much for your vapid generalization.
And technically, a fourth of people under 40 are Xers, the next 2 quarters are Yers and the last Millenials.
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
GS only offers stocks for sale. It is dumbass day traders who don't know anything about trading that buy this stuff. Don't be so quick to take the side of sorry ass politicians looking for a camera opp.
@ArtisanTony They had derivitives worth Billions and Billions of dollars, based on CDO's securitizing mortages from sub-prime lenders, who were 6 out of 11 times more likely to default.
Those 'Day Traders' much like in the Enron scandal were instructed to sell those 'shitty' deals, and incentivised through high commision from top management.
Dumbass traders? Traders from Lehman, top Japanese banks, the global public bought and sold this stuff.
Its crazy- a Wall St. firm can advise customers to buy and sell stocks and bonds and at the same time be making bets with its own money on those stocks and bonds.
...eliminate these bilateral private transactions .... Why should Deutsche Bank be able to call up Morgan Stanley and make an 8 billion dollar bet that neither one of them actually records on their balance sheets?
Why on earth are the ratings agencies- Moodys and Standard and Poor- paid by the people whose bonds they are rating?
@domainnoob I hope you realize that they were acting as market-makers when selling these MBS. Betting against it is something different and perfectly legal and logical (many MM do it). They have no obligation to advise someone on whether or not it is a smart thing to do.
@djtyg yeah leave govt alone no matter what they do or not as long as you have a democrat president in charge. and demonize your target just to take it over and control the means of their production. yeah real friggin clever. yeah and im qualified to tell you where to spend your money w/o your input.
@djtyg yeah keep defending the government too assholes. you cant even imagine what they always get away with no matter what. you guys are the real assholes here. first. we dont know for sure what happened and obama keeps lying about the housing crisis that was CAUSED BY THE DAMN GOVT ! WE HAVE PROOF ! AND NO ONE ON THE LEFT GIVES A SHIT ! lies to keep the people from being mad at the govt will insure that they keep their damn greedy power grubbing jobs. the american people last
@liberalsAREbigZEROS ok, maybe the gov should have checked the work that U shit people did! We all can blame the gov about everything, but u forgot that u people actually crapped out the hole foking shit. So stop whining that we defend the gov, we just blame the people who have created the hole shit.
@TardNL i agree with you totally. but i would defend the government bashers by saying that the government, whether it admits to it or not, is still accountable to its people. we pay for the government and trust its officials with our safety and well being. its not hard to see why so many people would blame the government. technically it IS their fault for not performing its most basic function: protecting the people from those that mean to do us harm.
A shitty deal and a good deal only differ in the valuation of a product. Shitty deal is simply commonplace vernacular for "overvalued." For example, I think that Newscorp got a shitty deal in buying Myspace. However, Newscorp believed it was a good deal. The distinction between these two views is that I feel Myspace was overvalued, Newscorp feels that it wasn't. It is disappointing that no one mounted a defense to Levin's inquiries. Worse, but expected, is the public ignorance that ensues.
@lawlroy of course ! doesnt that tell you that they might be lying quite a bit ? if their arguements are weak , dont you think they are trying to put shit together that isnt there ?????? or do they just suck at debating like children ??? everyone else can answer this question. im leaving mine blank for later.
Congress is just putting on a PUBLIC SHOW! The "investigation" will show they were just "incompetent and screwed up."
They will then throw a little PON under the bus to take ALL of the heat and the CROOKS & LIARS ride off into the sunset with their partners in crime THE CONGRESS, then congress will pat themselves on the back for doing NOTHING!
I dont understand, Goldman didnt do anything illegal, just because mister holy senator thinks so doesnt make selling something illegal.. Citigroup hung on to their 'shitty deals' and look where they are now...
@Calsummersishere yes its called going short, you borrow something and immidiately sell it, keep the cash, when the price of whatever you bought goes down you buy and give it back
This is classic......not just an old man repeating the word "shitty"......but the look on this jackasses face. It's like he just got caught by dad while he was looking at pictures of naked men!! Nothing like a rich asshole squirming and stammering while wanting to flat deny any wrong doing.......yet knows he cant deny a word of it!!!! Put this doofus and all his cohorts in prison.
GoddamN FarcE -- Domestic financial terrorists, stripping middleclass and working-poor Americans of all hopes for a reasonable expectation of a modestly successful life based on hard work, fair rules applying to everyone, self-and-mutual respect/regard for one's nation and community, access to equity opportunities, dignity and faith in a Higher power.
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.
@7Sher526 These guys are just part of the problem. The Federal Reserve System, which is totally against your US constitution, has systematically eroded the value of your dollar through inflation...which is the art of making money out of thin air. Money that you pay interest on. There is no reserve.The net result? The prosperity of the people's work goes to the small group at the top - the Fed and their Goldmans, Morgans, Rockefellers. Your wage value is falling, with your liberty along with it.
@apizzo109 You can watch it live now on CSPAN(dot)org (since it is currently still ongoing) but eventually you'll be able to see the whole thing there.
@apizzo109 This is technically a hearing and not a trial. A trial consists of lawyers, judges, and sometimes jurors depending on the type of court and/or trial. This is the United States Congress Senate Governmental Affairs Subcommittee on Investigations.
Why aren´t these MF:s in JAIL?.
sikajaperkele 3 days ago
sparks just sold a shitty deal
vampir335 1 week ago
If OWS was just Occupy Goldman Sachs, everyone would be on board.
BoxOfOranges84 1 week ago
NAILED! Liars should be hung.
aaaaaaaaaa8920 1 week ago
Death penalty for these goldman scum.
ImaginedWriter 3 weeks ago
I watch this and am tempted to cheer for Karl Levin, but after he promoted, and voted FOR, the NDAA, I think Karl Levin is a SHITTY DEAL, too!
youwatertubeflaws 1 month ago
@youwatertubeflaws Half of these idiots don't read the shit they are signing off or they don't understand the complicated legal language contained within the bills. There is even a proposed "Read the Bills Act" to get them to read the bills!
Look at how they passed the PATRIOT Act...
Solarfactor 2 weeks ago
Fry them fucks!
DeathlyHurtt 1 month ago
Comment removed
noCapsNoDemo 2 months ago
So much money has gone the goldman sachs of shit. But they look as if they know nothing at all. All is just coincidence to them. (and no one buys that except the government) XD
ChopShop1200 2 months ago
It's not Goldman Sachs, it's the nature of MAN! Every civilization in history has had corruption. These hearings are merely the equivalent of cutting of the diseased leaves of a diseased tree when it should be yanked by it's roots! These scumbags will always get away with it cause' they make the country a pile of money and if they screw up well they will use "The Bulldozer" i.e. the American publics taxes to bail out the country! Man is a selfish, fickle and falible creature. nuf said!
antimatterion 2 months ago
ROn paul will change this
ENDTHEFED0 2 months ago 2
In former times, when some men betrayed a mass of people, the King or what institution ever had the duty to PROTECT the people, it was possible to rather present the thief in a wooden cage at the town's market, so that everybody could revenge for the committed crime or he simply was beaten to death..
people of teh world are not ready for totally freedom and humanity today, because its too simple for some other people, to betray the others.
Hard, but true.. fuck all this markets and finance...
GPCMUTTERFICKER 2 months ago
@GPCMUTTERFICKER So eloquently put! You really displayed your mastery of political science and economic theory! Fuck all this markets and finance? markets are the only thing keeping this country alive. Do you know what total freedom is? CAPITALISM. we dont have capitalism. we have corporatism and government interference which caused this whole mess. Dont get pissed at Goldman for making a buck off the fed's fuck up. Oh, and by the way, your mother should have swallowed.
realtalker2012 3 days ago
@realtalker2012
especially your comment about my mother is really an evidence of mental size and environment... so sad, mate..
I think if there were less inconsiderate people, like you, who doesnt care about the others, capitalism could become feasible..
GPCMUTTERFICKER 3 days ago
high crimes and impunity, this country is run by criminals.
LetterToVoltaire 3 months ago 7
This has been flagged as spam show
off with their heads
LetterToVoltaire 3 months ago
Guys, lets kill them..!!! simply kill them.. im offering my help from germany!!! =D lets slaughter some
Blankito2007 9 months ago 3
God this felt good to watch. Fucking criminals
ibanezman1025 9 months ago
Funny how people get amnesia, forget names, forget who people are, etc...
tr4nc3d 9 months ago
If you want the corruption to stop vote Ron Paul in 2012.
tr4nc3d 9 months ago
YES! Beautiful joust!
liduq 9 months ago
Ouch.
WSWarthog 10 months ago
What happened to the old America? They would have never put up with this! I think our founding fathers would be ashamed of this!
NowThePeople 10 months ago
I am not one to advocate violence, but a good ass kicking is in order. These people are crooks, and the justice department needs to their job. This is nothing more than a display for the public to watch, a side show exhibition. Those that were swindled should be compensated, and close the doors of Goldman Sach's for allowing this to go on. The license's of these people should be revoked for life as a warning to future generations, that this type of scheme will not be tolerated in the U.S. of A.
jlwarner7 10 months ago
cspan needs to curse more. it makes them sound more authentic
Kingdom007Hearts 11 months ago
AND NO REPROCUTIONS?
solojam 1 year ago
The Government let these Thieves get away with the Crimes they have Committed. Because they own 95% of those pricks including Dumbama!
brder4ev 1 year ago
Goldman Sucks!
DorianMint 1 year ago
look at the three other fucks sitting quitely, waiting for their turn...
radonlads 1 year ago 2
if one plays with the children of Satan, how do you think things were going to turn out?
bohemianh 1 year ago
If you listen closely enough you can actually hear Mr. Sparks's testicles shrink up into his ribcage.
markvz 1 year ago 6
...and it was the GOVERNMENT (that start playing high-minded adjucators) and the corrupt executive level politicians, presidents included, that dismantled the glass/steagall act during the clinton and bush eras that was created in 1933 to prevent EXACTLY this kind of chicanery and outright fraud.
notice that none of these guys is over forty- the pure greed breed of Generation Z...
only1too 1 year ago
This has been flagged as spam show
``notice that none of these guys is over forty- the pure greed breed of Generation Z..``
Well that`s just stupid. The people from the Clinton and Bush era you referred to in your post were almost all over 40, even back in the 90s. Most of the people who concocted these schemes and have any real power behind them aren`t under 40. So much for your vapid generalization.
And technically, a fourth of people under 40 are Xers, the next 2 quarters are Yers and the last Millenials.
unfortunatebeam 1 year ago
that still never gets old!
goldenthoth 1 year ago
this guy is going hard with "shity"
oppertunityknocks 1 year ago
I wanna hear the word 'shit' more often on C-SPAN!
MrDerby2u 1 year ago
This has been flagged as spam show
Full of sound and fury, signifying nothing.
RICHUNCLEPENNYBAGS77 1 year ago
So basically what the senator is saying is that; businesses are not allowed to have business?
animan360 1 year ago
@animan360 No.
RICHUNCLEPENNYBAGS77 1 year ago
Of course he doesn't care.. did u see his face?! Can you say sociopath?
cjandlex 1 year ago
@artofwar8
That's right, Carl Levin is a traitor.
He knows damn well what is going but does nothing until after the game is already over.
bofors7715 1 year ago
does anyone else hear "fucker" at 1:29?
heltfreek 1 year ago
@heltfreek hahahaha, no dude, That was the sound of the paper turning. xD
MatthewTS22 1 year ago
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
mastior 1 year ago
This is why I do not watch made-up reality shows..they are really shitty compared to these real life shitty people...LMAO!
kiddfunknyc 1 year ago
Carl Levin is a balloon. He's taking things out of context. Good job Carl you lose.
ibykow 1 year ago
GS only offers stocks for sale. It is dumbass day traders who don't know anything about trading that buy this stuff. Don't be so quick to take the side of sorry ass politicians looking for a camera opp.
ArtisanTony 1 year ago
@ArtisanTony They had derivitives worth Billions and Billions of dollars, based on CDO's securitizing mortages from sub-prime lenders, who were 6 out of 11 times more likely to default.
Those 'Day Traders' much like in the Enron scandal were instructed to sell those 'shitty' deals, and incentivised through high commision from top management.
Dumbass traders? Traders from Lehman, top Japanese banks, the global public bought and sold this stuff.
Common sense my friend, is no longer common.
MilanoICM 11 months ago
@djtyg im sorry. i have a full time job. unlike stoopid brain dead obama bot zombie radical marxist agenda toting assholes ! lol omg lmfao !
liberalsAREbigZEROS 1 year ago
Its crazy- a Wall St. firm can advise customers to buy and sell stocks and bonds and at the same time be making bets with its own money on those stocks and bonds.
...eliminate these bilateral private transactions .... Why should Deutsche Bank be able to call up Morgan Stanley and make an 8 billion dollar bet that neither one of them actually records on their balance sheets?
Why on earth are the ratings agencies- Moodys and Standard and Poor- paid by the people whose bonds they are rating?
domainnoob 1 year ago
@domainnoob I hope you realize that they were acting as market-makers when selling these MBS. Betting against it is something different and perfectly legal and logical (many MM do it). They have no obligation to advise someone on whether or not it is a smart thing to do.
I think you need to brush up on the facts.
evaneugenescott 1 year ago
@djtyg yeah leave govt alone no matter what they do or not as long as you have a democrat president in charge. and demonize your target just to take it over and control the means of their production. yeah real friggin clever. yeah and im qualified to tell you where to spend your money w/o your input.
liberalsAREbigZEROS 1 year ago
@djtyg yeah keep defending the government too assholes. you cant even imagine what they always get away with no matter what. you guys are the real assholes here. first. we dont know for sure what happened and obama keeps lying about the housing crisis that was CAUSED BY THE DAMN GOVT ! WE HAVE PROOF ! AND NO ONE ON THE LEFT GIVES A SHIT ! lies to keep the people from being mad at the govt will insure that they keep their damn greedy power grubbing jobs. the american people last
liberalsAREbigZEROS 1 year ago
@liberalsAREbigZEROS ok, maybe the gov should have checked the work that U shit people did! We all can blame the gov about everything, but u forgot that u people actually crapped out the hole foking shit. So stop whining that we defend the gov, we just blame the people who have created the hole shit.
TardNL 1 year ago
@TardNL i agree with you totally. but i would defend the government bashers by saying that the government, whether it admits to it or not, is still accountable to its people. we pay for the government and trust its officials with our safety and well being. its not hard to see why so many people would blame the government. technically it IS their fault for not performing its most basic function: protecting the people from those that mean to do us harm.
TampAnonymous 1 year ago
"Your top priority was that shitty deal" LMAO!!
gold95 1 year ago
A shitty deal and a good deal only differ in the valuation of a product. Shitty deal is simply commonplace vernacular for "overvalued." For example, I think that Newscorp got a shitty deal in buying Myspace. However, Newscorp believed it was a good deal. The distinction between these two views is that I feel Myspace was overvalued, Newscorp feels that it wasn't. It is disappointing that no one mounted a defense to Levin's inquiries. Worse, but expected, is the public ignorance that ensues.
illmaticDH 1 year ago
Congress is worse than Goldman sachs.......at least GS knowes what it is doing.....
IWashMyOwnBrain 1 year ago
You can just look at these 4 criminal pricks and tell they're guilty.
denhou1974 1 year ago
I hope they burn for lying to the public. They ruin peoples lives all for their benefits. I hope they get a real sh--- deal
tu8378 1 year ago
hahahahahaha !!
ivanyoulube 1 year ago
the senators have a weak argument and have just been repeating themselves over and over again.
lawlroy 1 year ago
@lawlroy of course ! doesnt that tell you that they might be lying quite a bit ? if their arguements are weak , dont you think they are trying to put shit together that isnt there ?????? or do they just suck at debating like children ??? everyone else can answer this question. im leaving mine blank for later.
liberalsAREbigZEROS 1 year ago
Congress is just putting on a PUBLIC SHOW! The "investigation" will show they were just "incompetent and screwed up."
They will then throw a little PON under the bus to take ALL of the heat and the CROOKS & LIARS ride off into the sunset with their partners in crime THE CONGRESS, then congress will pat themselves on the back for doing NOTHING!
baglady55 1 year ago
I dont understand, Goldman didnt do anything illegal, just because mister holy senator thinks so doesnt make selling something illegal.. Citigroup hung on to their 'shitty deals' and look where they are now...
killaxm 1 year ago
Sad....
HitserOner 1 year ago
Comment removed
Calsummersishere 1 year ago
@Calsummersishere yes its called going short, you borrow something and immidiately sell it, keep the cash, when the price of whatever you bought goes down you buy and give it back
killaxm 1 year ago
ahahahahahaha
ToeInspector 1 year ago
Probably another slap on the wrist when all of these crooked bastards deserve jail time. I want to see a criminal trial!
silkyang 1 year ago
This is classic......not just an old man repeating the word "shitty"......but the look on this jackasses face. It's like he just got caught by dad while he was looking at pictures of naked men!! Nothing like a rich asshole squirming and stammering while wanting to flat deny any wrong doing.......yet knows he cant deny a word of it!!!! Put this doofus and all his cohorts in prison.
TheMexicanJulio 1 year ago
GoddamN FarcE -- Domestic financial terrorists, stripping middleclass and working-poor Americans of all hopes for a reasonable expectation of a modestly successful life based on hard work, fair rules applying to everyone, self-and-mutual respect/regard for one's nation and community, access to equity opportunities, dignity and faith in a Higher power.
starmanskye 1 year ago
Don't fry the mid level guys, dismantle ALL OF THE CRIMINAL GOLDMAN SACHS, who are part owners of our "PRIVATELY OWNED" federal reserve!!!!
edarotag84 1 year ago 2
I am so proud of my senator. I will vote for Mr. Levin again and again. Go get the bastards Carl!
msminmichigan 1 year ago
LMAO thats great
BabyJohn11 1 year ago
Let me know when the criminal cases begin.
DEMCAD 1 year ago 2
Until I saw this video I didn't realize it was possible to ream a new asshole into an existing asshole.
flyinhome865 1 year ago 29
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.
chakazulu87 1 year ago
Truth to be told : no matter what comes of this slap on the wrist or nothing we the american ppl got the shitty deal period
sdndeath 1 year ago
@7Sher526 These guys are just part of the problem. The Federal Reserve System, which is totally against your US constitution, has systematically eroded the value of your dollar through inflation...which is the art of making money out of thin air. Money that you pay interest on. There is no reserve.The net result? The prosperity of the people's work goes to the small group at the top - the Fed and their Goldmans, Morgans, Rockefellers. Your wage value is falling, with your liberty along with it.
tr2n09 1 year ago 2
thank you 4 posting, this is great and sad.
" how much of that sh_tty deal did you sale?" great line!!!
goldenthoth 1 year ago
this smells like a SCAM....to ACT like they are getting in trouble...bull
daryllawsonCA 1 year ago
where can i find video of the whole trial?
apizzo109 1 year ago 3
@apizzo109 You can watch it live now on CSPAN(dot)org (since it is currently still ongoing) but eventually you'll be able to see the whole thing there.
Attention101 1 year ago
@apizzo109 This is technically a hearing and not a trial. A trial consists of lawyers, judges, and sometimes jurors depending on the type of court and/or trial. This is the United States Congress Senate Governmental Affairs Subcommittee on Investigations.
investmentfraudtimes 1 year ago
@investmentfraudtimes uhh thanks?
apizzo109 1 year ago
@apizzo109 It is not a Trial. it is an Inquisition!
brder4ev 1 year ago
Thanks for putting this online. GS people seem to shit in their pants !
psteels 1 year ago 11
Comment removed
psteels 1 year ago