Can the Goldman ponzi scheme happen again?

Greg Gordon: There is nothing that can prohibit or stop the Wall St. firms from making secret bets

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News & Politics

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• real
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• politics
• US
• Wall Street
• ponzi
• Goldman
• Greg Gordon

[doomeddom]

It's a case of the same people and families creating global crashes to strengthen their control of the worlds banking instututions, i watched zeitgeist about 2 years ago then watched as the global financial crisis evolved just like it was described in the film, the description in the film related to past financial crashes. This is nothing new they have done it again and again, time to smash the banking elite, they who control the money control the world.

[888zzz]

The flag blankets Wall Street because patriotism takes people's ability to think critically away. Blind patriotism might be the country's worst enemy.

[rickbar123]

Only 1183 views GOLDMAN - SACHS ARE HAVING A LAUGH

[JimmysCrackhorn]

They got rich exporting 30 million jobs and now wwe have @ 30 million unemployed. Then the rich say "...lazy bums, get a job!!..." There is no reason on this earth why any hedge fund / trader is worth $500 million or a $ Billion...we should have taken the senior management of Lehman, Bear Stearns, and Goldman and marrched them naked up to Times Square and tarred and feathered them

[phfrankh]

Re: 4:14 4:44 "Ahhh! nepotism,ain't it grand!"

Thankh you again, Real News and thankh you, Greg Gorden for the insights.

[PsyogiBottoms]

When an Empire is collapsing the corruption will become blatant.

[kaxitaksi]

Yea, watch Zeitgeist, the whole recipe how to crash a bank and a nation is thoroughly explained there. They have used this recipe before and they are using it today.

[RCinPAWA]

The Goldman Ponzi scheme is happening right now and the man in the street is getting the blame. Read the headlines; they're all about how consumers aren't spending as if this mess is our fault.

The last act of any government is to loot the treasury.

[jaba987]

they are dirty nukes sold to unsuspecting business owners and their purpose is to hand over the businesses to the banks.

[tomasleeman]

Credit Default Swap's and Collateralize Debt Obligation's will continue to wreak havoc until they are regulated by the SEC or CFTC. 1.There should be standardized contracts, 2. price disclosure, 3. Traded on exchanges 4. Standardize margin requirements with margin calls and forced liquidation. 5. Must be regulated by either the CFTC or the SEC

[tomasleeman]

Nothing changed just a consolidation of financial power. The government will do nothing because they are partners in the play. Has one politician stood up and said we must repeal the 2000 Commodity futures modernization act? Has anyone said lets repeal 1999s Gramm Leach Bliley act its business as usual.