Stacy Summary: A golden oldie perfect for today.
i know this is one of Matt Taibbis favorites. the famous goldman sachs are scum clips…
If Max reads this I hope he can accept my apology. After reflecting on the comment I posted that other day I’ve come to have deeply regret what I wrote. I know now that I have done serious injury to your reputation. By posting this I only hope and pray that the damage can be undone. I realize it would be foolhardy for someone in your position to divulge exactly who is behind all the corruption in the financial and banking sector and indeed the general corruption so pervasive in all aspects of modern life. If they are interested, they can do their own research. You are doing a valuable service by reporting what the MSM refuses to do.
The propaganda war has started.
“Goldman fallout may be short lived: Pros”
Just want to thank Goldman Sucks for warning the Financial communities about the “Dane-gers” of these weapons of financial destruction that they created.
Lol, the S&P 500 has already traded 1 day worth of volume by lunchtime.
Scum is less disgusting than Goldman Sachs. Don’t insult it. 🙂 There is only one guy capable of calling a thing like that blob from hell by its real name. Goldman Sachs is incarnation of Hell on Earth. At least scum is biological.
I hope France 24 have Max back on over these Goldman revelations so he can say “told ya so!”.
While we’re at it get ‘Geek Boy’ back aswell to for some humble pie…
The clip from The Oracle show with Max “in front” of UN speaking about the CDOs should be epic in this context!
truly one of my favourites !
Am getting KILLED!!!
Goldman didn’t do it!….Hands off Goldman!!!!
Kitco is very deep:
Gold Price Change due to Strengthening of US Dollar -5.80
Gold Price Change due to Predominant Selling -18.50
Gold Price: Total Change -24.30
Here is a great clip from CNBC that you maybe able to use to show the clout of Goldman. Richard Bove explains why this will not affect GS in the long run and that this is a buying opportunity. HE is asked wont it effect how GS is perceived by Main St. Answer? It doesn’t matter because goldman doesn’t do business with main st.
THe interesting part starts at about 5min:
I have to give Steve Cohn of CNBC some credit because he is flabergasted that this won’t effect GS
@Mike/Liverpool LOL Isn’t it a shame that even with this news in the end we still get screwed?
YOO-HOO! Does this law suit mean we can get our money back? What’s the asking price for repo-ed Yachts these days?
Go Keiser Go!!, dude you were on a top of it all during that interview. How will the G20 and IMF be stopped? They are obviously planning the final leg of global collusion via debt enslavement? How Keiser, how do the people stop “One World Government”? This “grasshoppa” wanna know.
For those of you who hasn’t seen this… enjoy!
Max/Stacy: have a nice weekend
Everybody else: BUY AT THE DIPS!
More support for GS. Now the story is blame the Democrats. Bob Pasani (CNBC) just said the rumor on the floor is that the charges were announced now to push Wallstreet reform laws through the congress.
We need max on CNBC…..with I told you so tour
Max : He is a lieing SOB., Too bad you did’nt punch him in the nose. Keep his feet in the blow torch!!
Meanwhile the Senate Homeland Security Subcommittee is grilling the regulators over the WaMu affair… and THIS is not getting a shred of coverage, yet it’s been pretty good viewing so far…
There’s still 2 panels to come
Here is the SEC conference call discussing the charges:
If you put down what was a De facto all all or nothing Aprils expiration 1 grand bet this morning on the 170 put options at 1 cent each you’d be sitting on a million plus by noon. Not a bad 110,000 % gain in two hours.
How much you want to be that Goldman’s traders were betting against their own stock via put options this morning in collusion with the SEC’s decision to release the civil charges against Goldman on options expiration day?
Other than Goldman’s traders and other parasitic primary dealers, Who else benefited from this? Would the SEC care to investigate that? or itself for the matter?
I just heard a numbskull on CNBC recommend Scotia Mocata as a safe financials investment alternative to goldman. “They don’t engage in this kind of stuff” he said.
Info from SEC conf call:
IKB – german bank
These were the losers in the deal
Why wasnt Paulson & Co included?
Paulson did not make the representation to investors. Goldman did so they are the one’s charged
Answer to ‘Happy Dick’ on how do the people stop “One World Government”? “grasshoppa”, Max is doing exactly what needs to be done. World citizens need to listen up, network and put pressure on their respective elected representatives to bring charges against the responsible bankers and vote out the GS supportive scum. Refuse to get shackled for someone else’s crime. Buy some physical gold and silver before they devalue your currency and confiscate your savings and pensions.
Team Obama is now having their chit-chat about Financial Reform…
Still waiting on those bags of money that Bernanke is going to drop from the helicopter. The one that just flew over my house that the bank owns…left me nothing!
cnbc and bllomberg has found out theres finacial terroism going on
all they had to do is wacth max keiser i knew 2 years ago
also i wonder if there going after the bs charges so they cant be in double jepoerdy
also gold takeing a hit
cnbc idiot said gold could go down again
i love it when its going up no opinions just golds up
but one day down they jump all over it to push it down more
i thought it wasnt worth anything
it so funny
i love buying on dipps
great job max hell and you dont even get paid for this
and obama about the dirrevitives market needs regulation
really no reallly
talk about funny they have 2 fingers in the dike as the whole dam thing is coming
in for a collapse
dont even get me started on nasa we are going to mars
but shutting down nasa
these people are to late and to funny
It’s not double jeopardy if you are convicted on civil charges and then brought up on criminal charges. OJ Simpson was aquited of criminal charges for murdering his wife and Ron Goldman but then he was sued in civil court by their families. He lost.
Ha! I was just watching this again last night. Great entertainment 😉
Max, you rock!
This video is definitely one of my faves
Sorry. The bags of money already have benn distributed to Lloyd Blankfien and the buddies. Nothing left to us. Might as well develop a taste for Alpo food dog. Smile. G.O.D. love us all. Helicopter Ben is out of gas, spare parts and the helicopter is suicidal.
The usual suspects on CNBC are defending Goldmansucks
Eventually this going to be a show trial to blame the fall guys.
Not the main mobsters heads.
WTG Max!!! There are a lot of people here in the US that feel Max Keiser represents them infinitely more than any senator or representative!!!
meanwhile over at zerohedge.com
more amateur BS:
‘Look For Gold Selloff If Paulson Needs To Shore Up Liquidity On Negative PR’
the problem with the endless reporting of financial doom and gloom is that many viewers/listeners/readers will simply tune out in disgust
i.e. ‘kill off’ the audience
(unless, of course, they are masochists)
CTFC approved the Trend Exchange today:
The anglo-saxons are too weak-minded to shrug off their masters control
In the meantime, BRIC declares 2010 deadline for World Bank, IMF reform
if you have time, read the great COMMENTS attached to the story about
Halifax pot/moose meat bust
‘Welcome to our “free” country. Man arrested for having a couple bags of dried up leaves and some moose meat. Why don’t the police do something useful and go catch a real criminal?’
‘Mmmmm, I know I’m always craving Moose when I get the munchies.’
Wall Street Executive Air
Moose meat munchies…LOL
After the arrest, I now have no plans for the weekend. What a bummer. Laundry again 🙂
Max says (paraphrasing): “you mean after building 7 exploded on 9/11 and they can’t get the records anymore? How convenient.”
The outcome of 9/11 was convenient in soooooooo many ways. Anyone who has two brain cells firing and watched the collapse of WT7 will take the time to compare the official version to the scientific version of events that day. This one site alone should be enough: http://www.ae911truth.org/
Renaissance 2.0 part 5 is up now
Non, je ne regrette rien
These guys are financial terrorists; they should be decapitated! Throughout history when bankers have seized control of the system & impoverished the community there has been some penalty to pay & this is one of those inflection points in history where a group of individuals have taken it upon themselves to bankrupt the state.
Stock options, like hedge funds & derivatives & credit default swapping, are simple counterfeiting! It is not matter of making poor business decisions: back dating stock options & issuing them after rigging is counterfeiting, fraud & embezzlement. It is a preplanned financial holocaust by financial terrorists! If Osama Bin Laden were running the Central Banks in America, he would be doing a much better job of it!
The damage done by these financial terrorists like Goldman Sachs & JP Morgan-Chase along with the FED, who dole out billions in free bonuses, is incalculable! Even Greenspan himself admitted it was a huge mistake by saying: I’m in the pocket of the corrupt bankers, and I am aiding & abetting the destruction of the financial system!
European state aid is interlocked into the International Bank of Settlements, which is tied to World Bank, which is tied into the IMF, which is once again tied into Goldman Sachs! Why doesn’t Europe & America want to be independent of Goldman Sachs & JP Morgan-Chase? Instead their lives are dictated to by a bunch of arbitrage wielding sycophants & sociopathic criminals who profit by destroying the system!
So unemployment & the numbers of uninsured are skyrocketing; the social fabric is coming unglued such as in Iceland; all due to this premeditated financial terrorism by these banking oligarchs.
The FED & Treasury are the purveyors of US T Bonds. But for many years, big banks like JP Morga-Chase & Goldman Sachs have sold T Bonds that they had no authority to sell; which is essentially counterfeiting those bonds: Selling short Bonds that don’t even exist
The FCC had all records on criminals like Paulson, Geithner, Ruben, Summers & others engaging in that illegal activity. But all the records of those illegal trades were destroyed when WTC 7 was brought down by thermite on 9/11!
Quel enfoiré ce Monsieur Rouhou. In french we say un lèche-cul de première catégorie.
Gold is not the answer. Please read Steven Zarlenga’s book ” Lost Science of Money: The Mythology of Money – The Story of Power” I believe Michael Hudson (who you have had on your show) has come to the same conclusions. http://www.monetary.org/
BTW – I love your show!
New Improved SEC?
Lindbergh – HD audio
on Bloomberg today re: GS
For those having trouble understanding the esoteric nature of the Goldman’s fraudulent transactions,check out Tom O’Brien’s take on the issues behind the SEC suit against Goldman Sachs. It’s a “blue collar” kind of explanation, if you know what I mean. http://www.youtube.com/watch?v=vOoVV-CMOhk
I believed you Max.
More mortgage pain to come.
Mark Hanson on the future of mortgages and house prices in the US.
Hi Max and Stacy,
This TV appearance to me….is incredible. It gave me chills when it was first aired….and still does. Max, you have a gift and I am so grateful to have discovered you and Stacy and your movement. You have stood up with such courage and conviction and exposed the incredible fraud and deception that has continued unabated for decades. Truth is so rare today….
Thank you for spreading it.
Small Towns Take On the Energy Giants – Buying Back their Infrastructure (Der Spiegel) http://www.spiegel.de/international/germany/0,1518,689458,00.html
MUST SEE DOCU: How Germany really has done something with Solar Power Here Comes the Sun (Rob van Hattum, VPRO Backlight) http://www.youtube.com/watch?v=mLHBFyfvK8A
Max and Stacy,
You are millennia ahead of any other media.
Goldman Sachs are scum!!! I think that was the moment when I fell in love with you Max. To finally hear someone speak what I believed in the mass media. God it was gorgeous. Still is.
Everytin OK now ?????
I am finding it really funny that MSM makes it look like the whole GS thing was a surprise….and that it was never expected.
Max (and others) have been talking about these for ages. Hope more people realise this Ponzi scheme soon enough
On another note.. Ben Fulford had mentioned that Chinese govt are putting pressure on the US for more revelations like these…maybe they just sacrificed Goldman to please the Chinese…maybe the secret societies have more sway than most think …..
Also big solar flare yest…
I think Obama can feel Tea Party snapping at his heels and feels the need to do ‘something’ for the people.
Will SEC ans CFTC get more power, funds to be able to do their job properly?
We need more of this push back pressure that Max and Stacy, Tea Party, Whistleblowers, GATA, etc create. Its all about momentum.
Otherwise it will just peter out in a fine for GS.
Feels good though.
We will have won when Max is asked to become govt advisor. Even if it is Greece, or Iceland 😉
Classic stuff Max, tear em’ a new one.
Wicked light show Bonn, reminds me of a Pink Floyd concert I once attended.
Jim Cramer slammed on CNBC (Goldman Sachs)
Wow ! The secret formula for success reavealed at Goldman Sachs. Front running and massive use of insider and privileged information. And MASSIVE FRAUD bien sûr ! Quellwe surprise !
Scumbag is a to nice word for this criminal organization financed by the US slave taxpayer and labourer. Why didn’t this stupid meteorite end up on 85 Board street. Probably divine protection ? Blob from hell.
this show and the black hole on the oracle are my two favorites! max, you got heart!…..pg
Depressing news. Goldman Sachs already makin a bundle with its SEC lawsuit.
The only would be to be ban them from trading anything. Ban Goldman Sachs and kick them out of all financial markets. Thi cancerous tumor always wins even when being sued and losing. They haven’t lost might I remind you. They alreasy won TODAY !
@Mini US on new SEC. That guy comes from a parallel universe.
This reminds me of the lenghty show trials during the depression that were undertaken against the banks. Even the SEC spokesperson seemed awfully similar.
If Paulson & Co. were able to short mortgage related junk bonds by pickingg those with the weakest fundamentals, then it’s a bet on both the decline of housing prices AND short term interest rates. The condition here is that both would work in their favour.
Paulson &Co. being mentioned in the suit as a “conspirator” suggests they are going after one of the largest challengers to the bullion market short position. Paulson & Co. also figured prominently in CNBC coverage as holding a ‘losing’ position in gold over and over again
I would set aside my Captain Ahab complex on this one. This is clearly a fishing expedition.
And I can tell you that very likely GS will have long since unwound all of it’s long exposure to anything, since they too are betting large on a decline in short term interest rates.
Lehman was hung out to dry because they were going after the overwhelmingly huge derivatives exposure and wild 100 to 1 leverage imbalance in the bullion markets. This exclusive privilege us now roped off with a pair if white gloves and reserved tickets fo the most exclusive player(s) in the market. (so theoretically we will see a decline in the $IRX, which is far below polIcy rates)
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”
These are ‘classic’ videos.
Max Keiser made history in being the first non-partisan business commentator with word wide recognition.
Keep it up Max.
“Super IMF” is what the elite aimed for when planning this crisis in the first plase around 1950’s (Ayn Rand & Co. http://en.wikipedia.org/wiki/Ayn_Rand).
The power that do aim for more and more centralization of power is on the move and have been for centuries.
GOLDMAN SACKS, it seems, have not only been delivering dirty dirivitaves but appear to be into weather manipulation and turning that into a nice little cash flow number!!
EU SUES GOLDMAN OVER VOLCANIC ASH FALLOUT
Benjamin N. Dover III
BRUSSELS—European Commission President Jose Manuel Barroso announced late Sunday that the European Union has filed suit against investment banking giant Goldman Sachs for the fallout of ash from Iceland’s Eyjafjallajökull volcano. The volcanic ash, which has blanketed the skies over most of Europe for the last four days, has grounded almost all European air traffic, stranding travelers and disrupting economic activity throughout the European Union.
In a statement delivered in Romansh, the official EU language of the month, Barroso said, “We have uncovered evidence that this so-called ‘natural disaster’, which is costing the EU hundreds of millions of Euros, is in fact an Act of Goldman, and we intend to hold the Zionist-American cabal in charge of the firm accountable.” “First the profligate Americans drag the world into a near-depression and now they crap all this ash on us. Who the hell do they think they are?” added Greek Prime Minister George Papandreou from Athens, where he was chairing a conference on Greek sovereign debt entitled, “How American Speculators Forced Us to Cook the Books, Lie to Our European Partners, and Pretend We Don’t Need A Massive Bailout”.
The EU complaint alleges that Goldman operated a proprietary wind-blowing strategy to direct the volcano’s ash into Europe’s stratosphere. Goldman is accused of profiting from the fallout by buying complex Flight Cancellation Swaps that are netting Goldman millions of dollars every time another European flight is cancelled. The complaint cites a smoking gun email from Francois Tubbey, a 16-year old Goldman vice president, to an unidentified woman at “i@&[email protected]
Several European banks who are counterparties to the FCS’s are alleged to be suffering billions in losses with no end in sight, apparently because they continue to sell the FCS’s to Goldman…..
April 18, 2010
Excelent statements, Max but as a solution to the current crisis you often put the idea of bringing back the gold standard. I’m afraid that would not be solution which would provide a sustainable system. It is so because the root problem of this system is isuence money with interests rates added to it.
You perfectly know that when central bank (or commercial bank which effectively does the same when gives loan) issue some amount of money it adds interest rate to it. This means that in the system it is always less money than should be to pay off the loans. Such system can go on only when new loans are given, so the old debt is payed off by money from new loans. But unfortunatelly the new loans have also intrest rates added which creates more debt. To pay off this new bigger debt a new more loans must be given. That’s why this system is ponze scheme which collapse when there’s no one who wants to give or to take a new loan. Which we see in Greece.
So the root problem of the system are interest rates which create more debt than money existing in the system.
Now when you would establish gold standard system would collapse even faster because banks couldn’t give new loans (out of thin air) to pay off the old debt created by the interest rates.
So the only solution for the current crisis is to abolish interest rates – the ban of usury. Whole banking industry (and the banking oligarchs along with it) would have to be eliminated. Central bank (as Fed) nationalised – the new money isuance whould have to be without interest rates. No private bank would exist – banking system would be some kind of national/federal goverment institution which lends money without interest rates, so in the financial system wouldn’t exist more debt than money.
P.S. Sorry for any spelling errors or mistakes but I’m not English.