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Goldman Sachs Rules The World (Trader interview on BBC)
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Goldman Sachs Rules The World (Trader interview on BBC)

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Goldman Sachs Rules The World (Trader interview on BBC)



Attached as well in case youtube deletes it for whatever reason.

This was on front page of ZeroHedge, apparently most people can't believe this interview. It caught BBC by surprise apparently, lol.

"Goldman Sachs Rules The World"

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Trader on the BBC says Eurozone Market will crash [H.264 360p].mp4 (11.16 MB, 39 views)
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yeah that's pretty good...nice to hear from someone that doesn't try to blow sunshine up your a..
I don't think you would ever see that guy on cnbs

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This is hilarious!

I almost don't think it is real. Either I am getting old, or they just popped a young kiddie on the tube who was a bit too honest for them. That was fun to watch and thank you for sharing.

I think his warning is a bit 'dire' but who knows....

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I just watched the brief interview... and I am trying to figure out what exactly is the "big deal" about it... first, that fear rules this market is not news.. it is reflected on the volatility within the market.. that one can make money on down makets if prepared, how is that news or shocking or novel?

the plunger boy was a contrarian and made his $$$ on down turns mostly during depressions... there are always lots of people prepared to make $$$ of any event that impacts all... and they are chastized by the masses when they make their billions and labeled as greedy... this dood has said nothing "new" ... it is all generic... I mean, come on... hedging strategies?! do you all realize how many strategies there are .. question is, what are you hedging, what risk are you taking out? are you just removing the risk against a down turn? against a side ways market? what?! .... unclear comments, and shock and awe for entertaintment value.

I just think he was being blunt and putting things into terms that simpletons could understand, and he played on the fears of everyone who is watching and knows in their guts that they are headed for another crash.. and IMO, all to make himself be known further.. after all, he has something to sell..

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Last edited by sysot1t; September 26th, 2011 at 11:46 PM.
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Well spotted Sysot...

Does nobody not have an agenda nowadays? It's freakin ridiculous.

Actually, I wrote a book on this topic "Agenda driven media. How to see the truth"

Available for only $29.99 on Amazon....


Last edited by DionysusToast; September 27th, 2011 at 06:14 AM.
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Boy Who Cried Wolf

I'll bet you a 6E short that this guy has a poster of Gordon Gekko in a 24K gold plated frame in his bathroom. That's usually the first thing that creeps his first dates out. Second on the list: He owns more hair products then they do.
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sysot1t View Post
I just watched the brief interview... and I am trying to figure out what exactly is the "big deal" about it... first, that fear rules this market is not news.. it is reflected on the volatility within the market.. that one can make money on down makets if prepared, how is that news or shocking or novel?

the plunger boy was a contrarian and made his $$$ on down turns mostly during depressions... there are always lots of people prepared to make $$$ of any event that impacts all... and they are chastized by the masses when they make their billions and labeled as greedy... this dood has said nothing "new" ... it is all generic... I mean, come on... hedging strategies?! do you all realize how many strategies there are .. question is, what are you hedging, what risk are you taking out? are you just removing the risk against a down turn? against a side ways market? what?! .... unclear comments, and shock and awe for entertaintment value.

I just think he was being blunt and putting things into terms that simpletons could understand, and he played on the fears of everyone who is watching and knows in their guts that they are headed for another crash.. and IMO, all to make himself be known further.. after all, he has something to sell..

Leading Strategies For Trading | Leadingtrader.com

Well, the people that make the billions are typically also involved in orchestrating the collapse or are otherwise dirt bags. You cannot say that Goldman Sachs is an ethical company. They have pulled all sorts of dirt-bag schemes over the years. You may say that the ignorant masses are at fault, but I argue that anyone who takes advantage of people is a scum bag. How is it any different than tricking a kid into giving up his lunch money? Or tricking an old person into giving you cash for something worthless? How is it any different than stealing?


Last edited by Antisyzygy; September 27th, 2011 at 03:58 PM.
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Canadian Gets "Scolded" By JP Morgan CEO

Looks like not only Goldman rules the world... JP Morgan just schooled the Bank of Canada Governor


JPMorgan chief lashes out at Carney: report



Tempers apparently were running high when global bankers met in Washington over the weekend.

According to the Financial Times, Jamie Dimon of JPMorgan Chase launched a tirade at Bank of Canada governor Mark Carney in a closed-door meeting in front of more than two dozen bankers and finance officials.

Dimon's beef was new capital rules that will force all banks to hold seven per cent core capital against risk-weighted assets, which Dimon calls "anti-American," and says discriminate against U.S. banks.

On Sunday, Carney - who is touted as a potential next head of the Financial Stability Forum - warned global bankers to hold the course on reform.

"It is hard to see how backsliding would help," he said.

Global banking regulaors have agreed on new capital and liquidity rules for banks, and plan to begin phasing them in as of 2013. Frustration has been building within some of the world's biggest banks over what executives see as "unintended" and harmful consequences of the sweeping post-crisis regulations aimed at reducing risks to the global system.

The bankers are attempting to convince regulators to ease the new rules for certain lines of business.

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Antisyzygy View Post
Well, the people that make the billions are typically also involved in orchestrating the collapse or are otherwise dirt bags.

that is incorrect... you are eating up the media frenzy bs...

I know an investor in South Florida that basically started hoarding cash (to the tune of about 200 millions) between him and his wealthy friends, because he believe real estate was overvalued and people were overextending themselves... I mean, how is it possible for a family of two making $80-100K a year to qualify for a $500K loan?! the banks were to blame for that, and people for not having a clue to be fiscally responsible.. in any event, the investor to this date is basically just buying unfinished buildings for less than replacement value, finishing them for peanuts, and offering the stock as rental ... his exit strategy is to sell them eventually..

this guy is not alone.. there were fund managers that specialized on REIT's that did the same thing...


Antisyzygy View Post
You cannot say that Goldman Sachs is an ethical company. They have pulled all sorts of dirt-bag schemes over the years.

first, I never mentioned GS... second, if you have proof of the so called dirt-bag schemes, please sue them for it... other than that you are expressing your opinion without facts (other than what you read in the media)... so just be careful with it.. if you know what I mean.


Antisyzygy View Post
You may say that the ignorant masses are at fault, but I argue that anyone who takes advantage of people is a scum bag. How is it any different than tricking a kid into giving up his lunch money? Or tricking an old person into giving you cash for something worthless? How is it any different than stealing?


I dont disagree that anyone that takes advantage of people selling them something worthless for their cash is at the very least unethical, after all.. the whole trading education business is full of those type of people.. but to say they are scum bags? hmmm... not sure..

at the end of the day... caveat emptor... always do your own research and educate yourself.. or help others by educating them.. that is what I believe and do anyhow...

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