• NJ Seeks to Skip $3 Billion Pension Payment
    Leo Kolivakis
    03/16/2010 - 20:32
    New Jersey Governor Chris Christie proposed a $29.3 billion budget that would suspend property-tax rebates, skip the state’s $3 billion pension contribution and fire 1,300 workers next year. And you thought Greece was the only fiscal basket case...
  • China's Fragile Economy, Its Housing Bubble, and What It Means To Us: Part II
    Econophile
    03/16/2010 - 19:38
    We think that China is an indestructible economic juggernaut but its economy is very fragile and it is sitting on a property bubble which will burst. What China does in response has major implications for their economy and the rest of the world. This is the second part of a three-part series on this topic.

Bloomberg's Jonathan Weil On GoldmanGate

Tyler Durden's picture
Submitted by Tyler Durden on 07/10/2009 05:03 -0500



hat tip Dave
4.615385
Your rating: None Average: 4.6 (13 votes)

»


by trader1
on Fri, 07/10/2009 - 05:06
#5869

One of the first reporters to break the Enron accounting scandal in 2000

by trader1
on Fri, 07/10/2009 - 05:19
#5871

i like how bloomberg disavows Weil's commentary as his own and "not the opinion of Bloomberg LP"....

by erich
on Fri, 07/10/2009 - 07:13
#5888

Yes, it would be absurd to not issue the standard disclaimer.

by rigger mortice
on Fri, 07/10/2009 - 05:49
#5873

the most remarkable thing about the interview was the interviewers obvious cynicism with regard to GS.The worm has turned,whatever they say at the end of the clip.

by Anonymous
on Fri, 07/10/2009 - 06:02
#5875

Tapeworm you mean?

by Anonymous
on Fri, 07/10/2009 - 07:22
#5893

How does Goldmans business benefit this country and it’s citizens.

by Anonymous
on Fri, 07/10/2009 - 07:49
#5900

Goldman is a parasite like Enron. Enron hasn't been missed, nor will Goldman. Die Goldman, die!

by Anonymous
on Fri, 07/10/2009 - 07:56
#5902

Viva the United States of Goldman Sachs

by Anonymous
on Fri, 07/10/2009 - 08:43
#5910

The termites have taken over all the financial systems and sooner than later will implode from within!

by curbyourrisk
on Fri, 07/10/2009 - 08:58
#5915

My company has recently started blocking blogs......I hate them for it.  I still get the heart of your discussions here, but can not get what ever is being presented...just a box with an X in the corner.  I take it is a scribbed piece.  Is there anyway around what they are doing so I can read it, or is there another way of loading it to you site???

 

Thanks

-Curb

by Eduardo
on Fri, 07/10/2009 - 10:43
#5930

There us a youtube video on this post, your company is blocking youtube.

 

by curbyourrisk
on Fri, 07/10/2009 - 12:14
#5955

I am waiting for the day they block zerohedge too.

 

Yes, they block youtube.

by Anonymous
on Sat, 07/11/2009 - 04:30
#6278

Your own proxy site is a really cheap service. Plenty of little server houses do it.

by Gilgamesh
on Fri, 07/10/2009 - 10:53
#5935

Now we have WarrantGate today.  This is just surreal.

 

Also, after massive denials by the JP about competitive currency wars - the next day they go back to their old ways and intervene against the Yen today...

 

I think it's time to liquidate all market positions and go on vacation.  Until 2010.

by Anonymous
on Fri, 07/10/2009 - 13:52
#5998

The point is if this program can unfairly manipulate the market then why does ANYBODY have it?

by everaware
on Fri, 07/10/2009 - 15:32
#6023

Because the USG wants to protect Goldman Sachs' numero uno position and have the ability to make Goldman do its bidding when needed. see earlier posts regarding Fattiponti's claim that Sergey's dastardly act had the danger of allowing others to "manipulate" markets. So Goldman can manipulate, others cannot and the USG will protect their position. so simple....really

by Anonymous
on Fri, 07/10/2009 - 19:08
#6067

Very entertaining. I give this reporter some real credit for mocking the FBI and the Justice Department for being the lackeys of GS. Which they are of course. While the guys at the top can brush that off down the line people get pissed. Get motivated to dig just a bit deeper. To ask the extra question.

by Anonymous
on Sat, 07/11/2009 - 12:22
#6313

It would be worthwhile to alert all other world trading groups of GS's obvious talent in unfair trading.

Other countries might not be as willing to cooperate with the GS thieves blatantly criminal activities. A worldwide boycott of the NYSE would get the thieves attention.

Maybe a real government somewhere will step up since the USA's group of bribed criminals are staying true to their keepers.

Wall St should be renamed Transylvania St.
Fit only for blood sucking parasites and dead victims.
Where's Buffy when you really need her?

by samiam6
on Sat, 07/11/2009 - 16:37
#6353

"A worldwide boycott of the NYSE would get the thieves attention." that sounds all well and good and i completely agree with you, but that just means the fed will continue to feed gs funds for the sake of liquidity (not), they'll continue to make their spectacular commissions and manipulate the markets more accutely in the process. my favorite cnbc moments are when they interview old school floor traders (e.g., art cashin) and they basically say they don't know what the heck's going on because all of the trading is programmed and done by computers and such. those comments coinciding with that deer-in-the-headlights look is priceless. lol

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.