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Bloomberg's Jonathan Weil On GoldmanGate

Tyler Durden's picture




 

hat tip Dave

 

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Fri, 07/10/2009 - 06:06 | 5869 trader1
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One of the first reporters to break the Enron accounting scandal in 2000

Fri, 07/10/2009 - 06:19 | 5871 trader1
trader1's picture

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

Fri, 07/10/2009 - 08:13 | 5888 erich
erich's picture

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

Fri, 07/10/2009 - 06:49 | 5873 rigger mortice
rigger mortice's picture

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.

Fri, 07/10/2009 - 07:02 | 5875 Anonymous
Anonymous's picture

Tapeworm you mean?

Fri, 07/10/2009 - 08:22 | 5893 Anonymous
Anonymous's picture

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

Fri, 07/10/2009 - 08:49 | 5900 Anonymous
Anonymous's picture

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

Fri, 07/10/2009 - 08:56 | 5902 Anonymous
Anonymous's picture

Viva the United States of Goldman Sachs

Fri, 07/10/2009 - 09:43 | 5910 Anonymous
Anonymous's picture

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

Fri, 07/10/2009 - 09:58 | 5915 curbyourrisk
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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

Fri, 07/10/2009 - 11:43 | 5930 Eduardo
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There us a youtube video on this post, your company is blocking youtube.

 

Fri, 07/10/2009 - 13:14 | 5955 curbyourrisk
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I am waiting for the day they block zerohedge too.

 

Yes, they block youtube.

Sat, 07/11/2009 - 05:30 | 6278 Anonymous
Anonymous's picture

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

Fri, 07/10/2009 - 11:53 | 5935 Gilgamesh
Gilgamesh's picture

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.

Fri, 07/10/2009 - 14:52 | 5998 Anonymous
Anonymous's picture

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

Fri, 07/10/2009 - 16:32 | 6023 everaware
everaware's picture

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

Fri, 07/10/2009 - 20:08 | 6067 Anonymous
Anonymous's picture

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.

Sat, 07/11/2009 - 13:22 | 6313 Anonymous
Anonymous's picture

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?

Sat, 07/11/2009 - 17:37 | 6353 samiam6
samiam6's picture

"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

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