Matt Taibbi: Goldman Sachs Has Made Fools Of Us All (VIDEO)

Posted by Dorsey Shaw, Air America Media at 10:29 AM on July 9, 2009.

Matt Taibbi and Sam Seder explore the shameful past of Goldman Sachs

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Sam Seder sits down with journalist Matt Taibbi whose most recent article in Rolling Stone magazine describes Goldman Sachs involvement in every market manipulation dating back to the Great Depression.

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Tagged as: economy, matt taibbi, sam seder, financial crisis, banking industry, goldman sachs, rolling stone, ask a liberal, break room live, finaince

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Soulless Evil [Report this comment] Posted by: archives@uwyo.edu on Jul 9, 2009 12:08 PM Current rating: Not yet rated [1 = poor; 5 = excellent] They should be made to travel the country expplaining their scams. [« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5] Soulless Evil [Report this comment] Posted by: archives@uwyo.edu on Jul 9, 2009 12:09 PM Current rating: 5 [1 = poor; 5 = excellent] They should be made to travel the country expplaining their scams. [« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5] The "free market" [Report this comment] Posted by: fearn on Jul 9, 2009 12:22 PM Current rating: 3 [1 = poor; 5 = excellent] Not likely. American markets are manipulated more than Las Vegas casinos. Much more! [« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5] SEC Just Another Fraud [Report this comment] Posted by: billslm on Jul 10, 2009 3:21 AM Current rating: 5 [1 = poor; 5 = excellent] It has been public knowledge for a long time now, that Wall Street banks and bankers and investment firms are not in any way trustworthy. That is why the SEC as a regulatory agency was formed in the first place. Now we can see plainly that the SEC is a bogus operation whose function is to block the media's view and thus the public's view of Wall Street crooks. [« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5] » leftbank Posted by: markw4786 Yes, but. . . [Report this comment] Posted by: Zeugitai on Jul 11, 2009 1:52 AM Current rating: Not yet rated [1 = poor; 5 = excellent] . . .most of us knew that already. Thanks anyway, Mr. Taibbi. There is simply nothing that we can do about it. Faith in the "masses" is misplaced. You can serve the truth to them on a platter and it will have the same minimal effect as a meal. Some will thank you for your hard work in the interest of informing them; most will glance at the article and ignore it. In the end, all the truth in universe will not and can not enlighten these "masses." Truth is deflected by the ideological structures and frameworks in their brains: Capitalism is right; it is always and everywhere right and best. The Christian Religion is right; it is always and everywhere right and best; Western Culture is right; it is always and everywhere right and best; America is right; it is always and everywhere right and best. Etc. Etc. Oh, yes. Individuals can be caught and hanged to provide mass expiation and catharsis, but the institutions themselves can never be wrong. If Goldman Sachs were to give up one sacrificial offering in the form of a "rogue," a "bad apple," who is responsible for the unethical doings cited by Taibbi, the "masses" would be quite satisfied and would go back to their drudgery cleansed and appeased, their faith in capital unshaken. Truth cannot save us. [« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5] » RE: Yes, but. . . Posted by: Aquinas From the serpent's mouth [Report this comment] Posted by: ATH on Jul 11, 2009 6:51 PM Current rating: 5 [1 = poor; 5 = excellent] Perhaps in an attempt at redemption: "The bankers own the Earth. Take it away from them, but leave them the power to create money, and with the flick of a pen, they will create enough money to buy it back again. However, take away from them the power to create money, and all the great fortunes like mine will disappear, and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers, and pay the cost of your own slavery, then let them continue to create money."--Sir Josiah Stamp, Former Director of The Bank of England. [« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5] BA [Report this comment] Posted by: mnstra on Jul 18, 2009 6:44 AM Current rating: Not yet rated [1 = poor; 5 = excellent] this is not about antisemitism, that word is nothing compared to what Goldman really is A bunch of criminals-- Jew is not even in this discussion. How about thieving bastards..... [« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]

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» leftbank Posted by: markw4786

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» leftbank Posted by: markw4786

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