Max Keiser – The “Goldman Sachs Are Scum” Video

Stacy Summary: A golden oldie perfect for today.

79 comments on “Max Keiser – The “Goldman Sachs Are Scum” Video
  1. jack frost says:

    i know this is one of Matt Taibbis favorites. the famous goldman sachs are scum clips…

  2. irma says:

    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.

  3. marietta says:

    The propaganda war has started.
    “Goldman fallout may be short lived: Pros”
    http://www.cnbc.com/id/36598430

  4. Pez says:

    Just want to thank Goldman Sucks for warning the Financial communities about the “Dane-gers” of these weapons of financial destruction that they created.

  5. Photoception says:

    Lol, the S&P 500 has already traded 1 day worth of volume by lunchtime.

  6. Marc Authier says:

    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.

  7. Danny says:

    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…

  8. Mongo says:

    The clip from The Oracle show with Max “in front” of UN speaking about the CDOs should be epic in this context!

  9. Mr.Vacuous Money says:

    truly one of my favourites !

  10. Mike/Liverpool says:

    Gold
    Silver
    Oil

    Am getting KILLED!!!

    Goldman didn’t do it!….Hands off Goldman!!!!

  11. Mother Earth says:

    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

  12. marietta says:

    @stacy
    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:
    http://www.cnbc.com/id/15840232?video=1470603264&play=1

  13. marietta says:

    I have to give Steve Cohn of CNBC some credit because he is flabergasted that this won’t effect GS

  14. ingrid says:

    @Mike/Liverpool LOL Isn’t it a shame that even with this news in the end we still get screwed?
    http://www.businessweek.com/news/2010-04-16/gold-prices-in-new-york-drop-most-in-two-months-as-dollar-gains.html
    @MAX
    YOO-HOO! Does this law suit mean we can get our money back? What’s the asking price for repo-ed Yachts these days?

  15. Happy Dick says:

    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.

  16. Mongo says:

    For those of you who hasn’t seen this… enjoy!

    Max/Stacy: have a nice weekend
    Everybody else: BUY AT THE DIPS!

    http://www.youtube.com/watch?v=3j4s6PpNL-s

  17. marietta says:

    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.

  18. jeff says:

    We need max on CNBC…..with I told you so tour

  19. Goldrxman says:

    Max : He is a lieing SOB., Too bad you did’nt punch him in the nose. Keep his feet in the blow torch!!

  20. 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
    http://cspan.org/Watch/C-SPAN2.aspx

  21. marietta says:

    Here is the SEC conference call discussing the charges:
    http://www.cnbc.com/id/15840232?video=1470616289&play=1

  22. fUny1 says:

    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?

    http://funy1.blogspot.com/2010/04/would-would-sec-charge-goldman-sachs-on.html

  23. marietta says:

    Hahahaha!
    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.

  24. marietta says:

    Info from SEC conf call:

    IKB – german bank
    ABN Amro
    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

  25. gerald bakes says:

    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.

  26. Meanwhile,

    Team Obama is now having their chit-chat about Financial Reform…
    http://www.whitehouse.gov/live

  27. Pez says:

    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!

  28. karate kid says:

    cnbc and bllomberg has found out theres finacial terroism going on
    hahahaha
    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

  29. marietta says:

    @Karate Kid
    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.

  30. Timothy Geithner says:

    Ha! I was just watching this again last night. Great entertainment ;-)

  31. JKW says:

    Max, you rock!

    This video is definitely one of my faves

  32. Marc Authier says:

    @Pez
    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.

  33. Catalyst says:

    The usual suspects on CNBC are defending Goldmansucks
    as predicted.
    Eventually this going to be a show trial to blame the fall guys.
    Not the main mobsters heads.

  34. Jerm says:

    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!!!

  35. R. Cain says:

    meanwhile over at zerohedge.com
    a.k.a. zero.com
    more amateur BS:
    ‘Look For Gold Selloff If Paulson Needs To Shore Up Liquidity On Negative PR’

  36. R. Cain says:

    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)

  37. Cesare Bonventre says:

    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

  38. R. Cain says:

    @ Giuseppe
    if you have time, read the great COMMENTS attached to the story about
    Halifax pot/moose meat bust

    e.g.
    ‘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.’

    http://www.cbc.ca/canada/nova-scotia/story/2010/04/15/ns-marijuana-moose-meat.html

  39. Ingrid says:

    @R Cain
    Moose meat munchies…LOL
    After the arrest, I now have no plans for the weekend. What a bummer. Laundry again :)

  40. Dan II says:

    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/

  41. R. Cain says:

    Edith Piaf
    Non, je ne regrette rien

    http://www.youtube.com/watch?v=kFRuLFR91e4

  42. Cesare Bonventre says:

    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!

  43. Marc Authier says:

    Quel enfoiré ce Monsieur Rouhou. In french we say un lèche-cul de première catégorie.

  44. William Weston says:

    Max,
    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!

  45. R. Cain says:

    encore
    robert charlebois
    Lindbergh – HD audio

    http://www.youtube.com/watch?v=79Mwjz-2yY8

  46. mcbam1 says:

    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

  47. Elliot says:

    I believed you Max.

  48. Mini US says:

    More mortgage pain to come.

    Mark Hanson on the future of mortgages and house prices in the US.

    http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/4/16_Mark_Hanson_files/Mark%20Hanson%204%3A17%3A2010.mp3

  49. Sacramento Joe says:

    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.

    Sincerely,

    Joe

  50. Youri Carma says:

    Small Towns Take On the Energy Giants – Buying Back their Infrastructure (Der Spiegel) http://www.spiegel.de/international/germany/0,1518,689458,00.html

  51. Youri Carma says:

    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

  52. Mini US says:

    Max and Stacy,
    You are millennia ahead of any other media.
    Thanks.

  53. nama rama says:

    testing…

  54. Creative Destruction says:

    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.

  55. Bonn says:

    Everytin OK now ?????
    Hic ;-)

  56. Al-doomandbloom says:

    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…

  57. Mini US says:

    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 ;)

  58. zaphodity says:

    Classic stuff Max, tear em’ a new one.

  59. zaphodity says:

    @Bonn

    Wicked light show Bonn, reminds me of a Pink Floyd concert I once attended.

  60. Marc Authier says:

    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.

  61. pg says:

    this show and the black hole on the oracle are my two favorites! max, you got heart!…..pg

  62. Marc Authier says:

    @R Cain
    Depressing news. Goldman Sachs already makin a bundle with its SEC lawsuit.

    http://www.zerohedge.com/article/talk-pits-goldman-sold-1000-large-sps-earlier

    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 !

  63. Carmen Azul says:

    @Mini US on new SEC. That guy comes from a parallel universe.

  64. FranSix says:

    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.

  65. FranSix says:

    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)

    Any questions?

  66. Elliot says:

    “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.”
    –Joseph Goebbels

  67. whitemale08 says:

    These are ‘classic’ videos.

    Max Keiser made history in being the first non-partisan business commentator with word wide recognition.

    Keep it up Max.

  68. insider says:

    “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.

  69. Sophia: says:

    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@&$*edTiger@gmail.com” stating, “That’s right, baby, Fat Franky’s in charge of the weather.” …..

    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
    http://www.zerohedge.com/article/eu-sues-goldman-volcanic-ash-fallout

  70. David says:

    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.

    Best regards,
    David.

    P.S. Sorry for any spelling errors or mistakes but I’m not English.

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