Insight into Goldman Sachs

Goldman Sachs is the nation's most profitable Wall Street investment bank. Before, during and after the financial crisis, Goldman Sachs made billions. How? Jeffrey Sonn, an attorney who represents investors in securities fraud lawsuits against Wall Street banks, explains Goldman Sachs' influence and power.

Category:

News & Politics

Tags:

• cbsepisode
• insights
• into
• goldman
• sachs
• armen
• keteyian
• cbs
• evening
• news
• wall
• street

[oppertunityknocks]

i want to work for goldman sachs

[edarotag84]

please send all employees present and past of goldman sachs a message, YOU GUYS SUCK and are criminals, there's a special place in HELL for you. Your greed has destroyed half of the world's economies!

[TheGodlyPolitician]

Goldman Sachs does not provide loans to homeowners. As he said Goldman does not give out mortgages, they do not give out personal loans. They are an INVESTMENT bank, meaning they had nothing to do with the economic crisis because they did not give out mortgages, which is the unequivocal cause of this downturn. They told the Treasury they didn't want a bailout, because they didnt need one, Jeffrey Sonn said that. The GOVERNMENT FORCED them to take the bailout because they made it law.

[free4777]

STOP CORPORATE WELFARE!!!! PROTEST GOVERNMENT BAILOUTS FOR CORPORATIONS!!!!! OCCUPY WALL STREET!!!!!

[halo6534]

@ohmss069 But anyway i hope that helps people understand what the hell happened and why our economy is fucked up. In one word its just greed guys. And once the economy picks US is gonna buy back all there shit that they sold. And all those banks and investors are gonna wish they never fucked with the US government. Its sad really that someone uses a time of dispare to gain money. But thats just jewish people for you! And kids for all you who never knew why people never likeds jews. This is why.

[halo6534]

@ohmss069 And what GS does is that when stocks and everything else is low they buy them and then sell them back to people at ridiculously high interest rates. Which in turn makes them a huge profit. And since GS owns preety much everything and runs preety much everything. Which FYI goldman sachs has been top dog since the late 1800s. And they have been pretty much running the us economy and the worlds econmy as well, cause everything goes threw wallstreet. Thats our world economy.

[halo6534]

@ohmss069 Make billions when the economy crashed you ask? Well let me explain. Goldman sachs like i said is a investment bank.And so what they did was when the economy crashed the government started selling government buildings and selling bonds out to people so that they US could pay there bills. And goldman sachs starting investing in everything. Cause when a economy crashes stocks and interest are low for investors. Thats if you have the money of course which GS did! Continued on comment 4

[halo6534]

@ohmss069 And instead of using the US bailout money to keep there business in order they decided to give there greedy jewish CEOs a big fat raise. And many other companies did that and not just goldman sachs. And in that turn of events the economy crashed because banks stopd giving out loans when they were supposed to be using the bailout money to give people loans so that the people would start buying stuff again. And GS used this opportunity to make billions. continued on comment 3.

[halo6534]

@ohmss069 Yes i agree and since me and you are actually intelligent and know who goldman sachs is let me put it into perspective for the people who dont. Ok guys so goldman sachs is a investment bank in wallstreet. Hell they preety much are wallstreet. And GS preety much runs the world. Now i know thats alot to take in but they do. Since the economy crashed GS and many other companies got bailouts from the government to keep the economy from and the US from defaulting.Continued on comment 2

[ohmss069]

@oppertunityknocks Then you're evil. They created the recession, and they'll create the Second Depression. Why? So they could make money.

It's sad.

[ddd1600]

fucking liberals. call the waaambulance why dontcha

[ddd1600]

fucking liberals.