Oppenheimer's Fadel Gheit on Goldman Sachs and Morgan Stanley manipulating the oil market

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Uploaded by on May 25, 2011

Oppenheimer's Fadel Gheit appeared on Bloomberg Television with Margaret Brennan today to discuss the oil and gas market.

Gheit comes close to accusing Goldman Sachs and Morgan Stanley of manipulating the oil market and that it is "a shame on the government that allows them to get away with that."

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  • great.

  • Yup, Gheit is spot on.  Too bad the US government will do nothing about it.

  • fuck goldman

  • Nothing gets done until blood on the streets. Then someone like Hitler will come out to get things done. May be.

  • They financialized everything so they are the ones who are able to make all the money. As for the goverment, the high government officials and the manipulators are connected and they share the profits. It's what called: "The Team Work."

  • He's right on the money.

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