Why Is Goldman Advising CanWest On Its Programming Line Up?

Tyler Durden's picture

Comment viewing options

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

good stuff tyler.. The penultimate line of defense for the first amendment is the Internet. (with the ultimate line being the second amendment of course) Dont let the scumbags censor it.

These severe breaches of ethics are why we have the regulation we have, to stop this from happening. Seriously, thats why its there. The technocrats think its there to chase around that douche mark cuban but actually its there to protect the people. If they dont get on the job all trust will be lost.

I already suspected that Goldman made programming recommendations in a pure advisory role, but them doing it in a stake holder role is an even more obvious example of corruption.

1984 indeed.

Anonymous's picture

This reads like a classic Goldman ice cream paint job.

boooyaaaah's picture

My Hero , Rush limbaugh said today that GS is handling his purchase of the St Louis Rams

I never heard Rush comment on the banksters, the captured SEC, Naked Shorting, The Markopolis testimony

So has the Right wing spokesman been compromised?


VegasBD's picture

Yes. But I'd be more worried bout Big Pharma. ;)

TumblingDice's picture

My Hero , Rush limbaugh

I just hope to all that is holy that youre not serious. Rush Limbaugh, Keith Obermann, Bill Oreilly and others of their like are hopeless wastes of an active pineal gland. Truly idiots. The sooner you stop listening to them the sooner youll think clearer and get rid of that numbing headache.

Anonymous's picture

Damn hipsters.

Anonymous's picture

The only thing Rush Limbaugh is good for is making fat jokes.

Cursive's picture

He might as well have said, "I like getting ass-raped in the morning."  When's the best time to buy an over-valued NFL franchise?  At the start of economic depression and a year before the labor agreement is renegotiated.

Anonymous's picture

Limbaugh is part of the game. Keep the sheeple arguing amongst themselves over petty "Republican vs. Democrat" issues when the real war is plutocrats vs. everyone else.

Bearish Spirits's picture

I had been skeptical of him for the past few years, but the confirm came when he switched from "Obama is talking down the economy, it's not that bad," to "the economy under Obama is terrible!  Look at the market!"(March lows)

I couldn't believe he wouldn't admit there was a meltdown occurring in '08.  As soon as Obama was inaugurated, the economy became his fault?  I never even considered voting for Obama, but I have to be fair about it.

Very good point about Rush not mentioning any of the systemic abuses.  I found out about those when I stumbled upon Denninger and ZH.

VegasBD's picture

"Tyler Durden ran down a cephalopod boss, thats gotta be worth somethin."

Lothar the Rottweiler's picture

We're all the media now, that's why they're trying to clamp down on bloggers (FU FTC).

These here internets are our last hope for salvation.  If they get control of the net, that's it.

Anonymous's picture

Actually, the internets are probably a blessing for TPTB.

Want to know who the 'thinking' people are, who are most likely to be aware of what's going on and cause 'problems'? ISP logs provide a nice database of exactly who has been reading what. Before the internet, they had no clue. Now they have the targets served up on a platter.

Just a (chilling) thought.

Anonymous's picture

AT&T spy routers connected directly to GS HFT platform? Does GS collocate in the AT&T spy rooms?

Cistercian's picture

 I have not watched television in 2 years.The beginning of the path in this society is to unplug from the matrix...and when you do, weird things happen.After a time you notice how many people discuss the shows they watch on television.First, they waste their time inhaling a synthetic and numbing reality.Then they waste more time talking about this fictional crap.No wonder the culture is overrun by super villains...hardly anyone is awake or paying attention.They are dreaming limited dreams written by hacks, while life passes them by...and their country descends into a dystopian nightmare.

 What a suprise the evil GS would own media outlets and want to provide programming.



Miles Kendig's picture

Someone else that thinks the copy at CNBC is written by the folks that do "The Hills" at MTV.

Cheeky Bastard's picture

with you on that one; i used to watch Formula 1; but now, i just DL the torrent of the race and watch it on my PC; and my mental abilities have increased minimum 500% since i dont watch, own or need a TV.

Edward King's picture

With you Cistercian. I ditched my television and my automobile three years ago. It is amazing how clearly you think when all your urges are your own. The television and the radio (preying on captive automobile travelers) have been programming humans for decades. When your brain clears it is also amazing to see how clouded the thinking and judgment of others has become. When you abdicate all your time outside of work to passively watching television and listening to the radio then you have no self, only what you are told is your self. Turn it all off.

SteveNYC's picture

Beautifully said. Likewise, very little TV for me for the last 3yrs. Can't say the same for the wife most that I know.

It is a brain-washing, brain-numbing device. Listening to people talk about their TV shows (American Idol is my favorite) is scary, as it shows just how downright stupid people have become.

The masses can not possibly learn, until the pain is great enough to pull them away from their garbage intake and they "wake up".

arnoldsimage's picture

and don't forget football, baseball, basketball, hockey, soccer, tennis, golf and any other sport that offers americans another opportunity to quench their thirst and fixation on small balls. 

VegasBD's picture

Ive given up TV also, except for Cheers.  I watch my DVRed two episodes of cheers each night before I start writing. Sorry, I cant give that up.


Funny note: Watched an episode recently where Woody was running for office and didnt know anything. Frasier LITERALLY SAID "dont worry, all you have to do is say change over and over and over and youll get elected!"   Freakin awesome.

Lothar the Rottweiler's picture

Woody probably still voted for Barney Frank.  Cheers is in Beacon Hill, after all...

SilverIsKing's picture

I agree although Curb Your Enthusiasm and Entourage are must sees.  After those, there's nothing.

bigblackhole's picture

I ditched my television and my automobile three years ago. It is amazing how clearly you think when all your urges are your own.

Yeah, and instead you rely on the Internet. Nope, no conspiracy theorists or propaganda artists there! *whew* Dodged that bullet!

deadhead's picture

TO: Canada

Please be advised that you are under attack.

First, your media.

Then, the oil shale pits.  All your oil belong to US

.....though it has been many years, I do hope the canadian ballet is left as is.....

Anonymous's picture

Oh, don't worry. That's why we have troops in Afghanistan.
To learn how to *make* IEDs for when the Yanks decide to liberate 'their' Alberta oil from the Chinese.

Anonymous's picture

Sam Zell dictates to the Chicago Tribune and LA Times, etc what to print. Bloomberg dictates to Bloomberg. Sumner Lipshutz dictates to Time Warner. Sulberger dictates to the New york Times. Jack Welch to CNBC. Rupert Murdock to Fox News. Bronfmans to Sony. Tisch to CBS news. The US has more propaganda than any other nation brainwashing the masses.

pinkboxtrader's picture

This could simply be their analysts recommending what types of programming would best match up with demographics and ad revenue.

Anonymous's picture

I quite like Blomberg radio, WNYC and WBAI...but thats just me, oh and gold.

lieutenantjohnchard's picture

"the only way to starve the cephalopod, is by radically changing every aspect of our own everyday lives."

which exactly is what i've done.

no cable: don't miss it except for tackle football. (espn 360 gives me plenty of college football)

no wsj (i use the online edition for headlines etc) or daily paper.

meanwhile, between zh, denninger, american thinker, rush, michelle malkin, goldseek, mises, rockwell etc etc and books basically i have all the information one needs.

you would be pleasantly surprised what life is like without tv.

Anonymous's picture

In a July 4 2003 column in Jewish World Review, Malkin, herself a U.S citizen born to foreign parents took a position in opposition to the Citizenship Clause of the 14th Amendment to the US Constitution, asserting that "the custom of granting automatic citizenship at birth to children of tourists and temporary workers such as Hamdi, tourists, and to countless 'anchor babies' delivered by illegal aliens on American soil, undermines the integrity of citizenship—not to mention national security"

putbuyer's picture

Great work ZH. As a ZHer, this kind of story makes my blood boil. To think that this is happening is beyond words. Only a drone does not see what is to come. How many times have posters said "and so it begins". It begins...

Anonymous's picture

Some would see the irony in the fact that the key property that GS co-owns with CanWest is a popular program where bureaucrats spend their time finding criminals and locking them behind bars...

Anonymous's picture

Where is law enforcement? Speaking of TV, I like Andy Griffin, if only we could set Andy and Barney on GS, they'd tell em "that ain't right" and put em in jail with Otis.

JR's picture

It’s important to remember that where Goldman is involved, rules are made to be broken. 

If Goldman is interested in controlling Canadian government the way it controls U.S. government, then it needs the largest media company in Canada to prepare elections and criticisms of existing political officials and to put emphasis on high-level litigations, corporate mergers, product development, and the full list of subjects that media can undermine or support.  And it goes without saying that media support is essential for the investment bankers' financial control of a nation's money supply. This is how Goldman Sachs gets its money to influence elections and to buy media companies—it controls the NYFed, the USTreasury, the USCongress and the USPresidency.

Anonymous's picture

CanWest was a joke. Their TV was just imported US pablum. Almost no real Canadian stuff. I for one would be happy to see them exit stage left ... for good.

unemployed's picture

Goldman would provide help just as the equity fund spent all those man years helping out Simmons in the mattress business.

Anonymous's picture

Because they gave them the money and they would like to be fucking repaid. Seeing that the company is having Thelma & Louise moment, GS comes up with some ideas how to put on the breaks. I would have done exactly the same thing, maybe make more fuss about it though.

Anonymous's picture

Because they gave them the money and they would like to be fucking repaid. Seeing that the company is having Thelma & Louise moment, GS comes up with some ideas how to put on the breaks. I would have done exactly the same thing, maybe make more fuss about it though.

Anonymous's picture


starring Hammerin Hank & Neil Kashkari
tonight's episode: Cash for Clunkers!

followed by

starring Lloyd Blankfein
as lollypop sucking Sgt. Dick Goldsack


Anonymous's picture

"the only way to starve the cephalopod, is by radically changing every aspect of our own everyday lives."

now we're talkin
project mayhem indeed

Cheeky Bastard's picture

it amazes me that so many people here listen to that dumb fat motherfucker Rush Limbaugh; fucking amazing ...

perfectlyGoodWhiteBoy's picture

I don't know if I'm amazed.  We have some nicely entrenched right wingers.

Anonymous's picture

If you are Canadian TV viewers, you will know that Global TV is just ears of the government, they praised on everything they did to help out the economy (They HIGHLY collaborated BUYING HOMES & GETTING MORTGAGES WHILE RATES ARE LOW stories all the time), how government did a good job on rescuing GM & Chrysler, how government did a good job on HST coming to BC and Ontario, BOLD out how Bank of Canada did to drop rates like our people down south does so that we can keep spending and forget this recession, how gracious we have a PM that doing all this to help us to survive...Major stories on Job losses, worsening economy, wrong government directions, home prices drop in certain cities, government's bad acts ARE DEAF AND MUTE to all Canadian viewers..

Brigante's picture

Try to imagine life without TV. Fine. That's easy for us... we're young and angry and smart, so we comfort ourselves with the net.Good.

No printed press, but headlines, free content, Google Finance and ZH. Great.

But somehow, crisscrossing the financial world, even after being bailed out by the US Gov, Government Sachs' shadow grows longer and darker.

And I tell you: I don't give a damn about conspiracy theories: that 'aint my reasoning style. In fact, that's what the herd loves. "Zyonist complot! greedy bankers! quantum traders! blablabla..."

But the fact is that almost every financial advisor in the world, treats GS' words as prophecies. They conform the scariest herd of all. I'm a Spaniard myself, and I freak out when so many of my friends at different banks and financial institutions follow GS advice with no rigorous criteria, whatsoever.

What will happen when fewer US banks remain alive, and GS buys out their remaining businesses? who will fight off the monopolistic Beast? Ssssshh... I know Mr Goldstein: the foreign banks will come to hunt you down. Let the capital free!!

Anonymous's picture

The CRTC-Canadian Radio and Telecommunications Commission, charged with overseeing broadcasting and bandwidth issues in Canada, has been an utter failure for nearly three decades now. They were warned about over concentration of the media in Canada long ago; because most markets are small, too much centralization would kill real competition, but they didn't listen. Now that it's over centralized, small market stations are deemed unprofitable and are cut to insignificance...when they were small private concerns they somehow got by, but once they got bought up they were quickly discarded or homogenized. Now it's such a mess that odious oligarchs like Goldman can leverage all kinds of concessions and changes...the current neo-republican Harper government is not the type to say no to corporate wishes.