Why Goldman Sachs Went From Investing For The Rich To Targeting Everyone

Birt 2 maí 2019
Goldman Sachs, the Wall Street investment bank, has a storied history. Founded by Marcus Goldman 150 years ago, his son Henry revolutionized the industry with company valuations and IPOs. It was the gold standard in investment banking for decades and partners got rich when the company went public. But the firm's reputation took a beating during the financial crisis, eventually leading to one of the most interesting pivots in Wall Street history.
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How Goldman Sachs Became Wall Street's Most Powerful Investment Bank

Ummæli

  • What do you think of Goldman Sachs' strategy?

    • It's obviously a ponzi scheme how do people not see this? Example they went public paying themselves with investors $ then they sold there bad assets and bet on the down turn. Hiding there ponzi scheme by ripping off their customers, yet profiting with there investments making them look bad yet good on the investment side. This new banking scheme is to shore up there assets so they can claim more profits to pay themselves more huge bonuses. Watch Documentary Federal Reserve Not Federal No Reserve! The entire banking system is a ponzi scheme including the stock market IMO hence the periodically "crashes".

    • Invest in BSV cryptocurrency forget the rest.. Coingeek site: But despite Craig being the real-world figure behind the Satoshi Nakamoto pseudonym credited with inventing Bitcoin back in 2008, Craig is not part of the Association, a decision that was intended from day one to demonstrate that no single individual controls BSV.

    • I remember friends calling me crazy when I started but now I shut up them with my four figure weekly returned

    • @John Smith Based on their corporate credo and strategy of always profiting, anyone can think that they have found good prey: the innocent sheeple.

    • @SpaceOrbison They don’t believe in hell

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  • The best decision I ever made in my life was investing in the financial market. Trust me guys, it pays 😊

    • @Freddy Morgan Thanks for the recommendation. May God bless your efforts. Most people wouldn't want to reveal their true source of success.

    • @Spencer Alan *g m a i l . c o m*

    • @Spencer Alan Message him okay? *M i c h e a l K r e i g e r t r a d e r*

    • @joseph Bentley Hell yh!, they've been managing my trade for months and I keep making profits every week, I made $9,130 last week

    • @Spencer Alan Why don't you trade with Micheal Kreiger's team? people's lives have been changed with their help. You kinda lucky you came accross this comment section.

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  • awesome quality content cnbc

  • Thanks so much

  • Crypto currency is the future, investing in it will be the wisest thing to do especially with the current rise

    • I'm so happy

    • Thank God I traded last week.

    • That's me I saved about 97% of my income after taxes, now that I invested everything with Mrs Stacy Griffin and my net worth has tripled in 1 month.

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  • Haha 2007 capitalist criminal world financial crash....Haha finance companies, mortgage companies stockbrokers and wall street, banks , rating agencies...blah blah ..,society hypocrites

  • So they upsicks to USA start what they done in Germany when hitler got rid. Someone said was HItLER wrong ???

  • so, instead of getting taxpayer's money via the gov't they decided to cut out the middle man and go direct to the source? let's not kid ourselves, they still 'invest' for the rich - and they fleece the rest of us.

  • so it’s not rothschild?

  • They should have reset currency before Bitcoin took over and the Nazis could have prevented the mess they are now in. Bitcoin was "the firstest with the mostest" and won the war.

  • *The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich... currencies are resetting but I'm happy I got my money invested in Cryptocurrencies (Digital currency)*

    • Shameless scammers.

    • Bot thread

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    • I'm so happy for taking the bold step in working and investing $2000 with Mr Bruce after a week I received $6468 to my bank

    • Yes I can believe that, I got victory with him. I was so sad after receiving the first pay knowing I invested so low with fear😓😫

  • Mrs Jane is legit and her method works like magic I keep on earning every single week with her new strategy

    • @Safwaan they post about her because she's legit you too should give her a try

    • @Rosy kin it seems very likely, no comment thread is just people saying this person is legit people don't talk like that

    • @Safwaan this woman they are talking about is more popular than any one,I have no idea that this woman is a scam

    • These are all bots but it's not even a scam idk why you would post this this is very common advertising for scammers and etc to post simmilar messages on ISchats and etc but there's no link so they're not earning anything so idk what's going on here

    • I'm happy today because of Mrs Jane

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  • The pattern of recovery yes Sir superb yes indeed ...

  • Kind of - once bitten twice shy of recovery ...

  • Goldman Sachs - wanting about them they knows how to get up for recovery - no matter what - they do have that kind of rich resources of recovery .....

  • 4:39 this guy definitely has pink lipstick on

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  • A lot of ass kissing on this episode

  • Whats the name of the music that starts at 0:27?

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  • Are you seriously trying to say one of the groups that caused the global financial crisis and is rampant with corruption is for the people? Oh wait, of course you are, because you’re spineless and moralless

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  • That’s right, retail investors. Keep losing money for GS. Im looking at you, Marcus.

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  • Check out Black Rock Group. William Cohan made reference to Jewish firm GS. BRG is the new Jewish powerhouse. Check out Bidens economic/financial team

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  • Legal loan sharks.....

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  • The best decision I ever made in my life was investing in the financial market. Trust me guys, it pays 😃

    • @Yovanna Anthony Thanks for the recommendation. May God bless your efforts. Most people wouldn't want to reveal their true source of success.

    • @Elizabeth Elmore *g m a i l . c o m*

    • @Elizabeth Elmore Message him okay? *M i c h e a l K r e i g e r t r a d e r* *@*

    • @Richard Hazelton Hell yh!, they've been managing my trade for months and I keep making profits every week, I made $9,130 last week

    • @Elizabeth Elmore Why don't you trade with Micheal Kreiger's team? people's lives have been changed with their help. You kinda lucky you came accross this comment section.

  • That dude's lips are brighter than my future

  • Trading firms should probably stop short selling, it always seems to end badly, either in bad optics, bad PR, losing money or going deep into debt with a short squeeze. I bet you, GS have shorted their own stock somehow, perhaps through an ETF, and not even known about it,.

  • It's pretty amazing that the one bank that took risk management somewhat seriously, got publicly shamed as they managed to stay solvent during the financial crisis. Talk about damned if you do, and damned if you don't. Regards to the "Government Sachs" critique, well, ppl have known for a long time that is a rite of passage to get into the White House. If they want to work for the government, they had better do an internship at GS, or something like that. The alternative is that the government is clueless about what really goes down on Wall St.

  • To rip people off.

  • Your background music is too loud

  • Malaysia mentioned. Read “Billion Dollar Whale” to know the full story

  • What will you guys recommend a 23 year old do with $10,000 tax free???? ❤️

  • I swear everyone when talking about the past always plays some typical old ass song

  • Very informative, thank you

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  • Abs black entrepreneurs couldn’t do anything at all not even included in the free land

    • Do something instead of whining. Many people have been discriminated against throughout history. The successful ones pick themselves up and try to find ways to be successful in any way they can be, instead of remaining victims for hundreds of years.

  • *Very good and informative. This should have been called : "How one specific small community of dangerous criminal lunatics has taken over the planet" though !... This is what it should have been called !... And what are we going to do about it ??????? (Laughs)...*

  • Joe Biden loves immigrants thinks they re illuminati new world order and he wants power and money he gets screwed

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  • Goldman Sachs is like the Coca-Cola from the drinks. I should've bought some stocks when they were at 190.

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  • One of the many evils of the financial system.

  • Goldman Sachs is why humanity is so bad.

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  • I lost my job due to covid and a friend of mine recommended sir Luiz and ever since trading with his platform I have been benefiting a lot

  • Goldman Sachs. I advice peoole to read my comment: Money-payment means are created by private banks when companies, private individuals, municipalities, county councils and the state take out a loan credit - take on debt. The loan amount is created when the bank books this as if the borrower had borrowed IN money to the bank. The bank thus has no money from the beginning. The loan amount has an INTEREST RATE. It can be said that the money is provided with interest for its existence. The interest rate is OUTSIDE the nominal - the amount put on paper - and there we have the problem. As long as money is circulating in the economy, it costs money because it is someone's loan debt. They are INTEREST-BEARING LIABILITIES. These interest-bearing liabilities today make up the majority of our economy. The banks might say they don't create money from nothing. Or, that if they borrow someone money they in return borrow the same amount, but where does those money come from then? They might say they have full coverage, but if they have 100% coverage why do the need Capital adequacy ratio then? So END FRACTIONAL RESERVE BANKING. START PRINTING US TREASURY DOLLARS AND NOT US FEDERAL RESERVE DOLLARS.

  • When you buy distressed mortgage securitys for 1.8 B at cents om the dollar as a "fine" and have all the former Countrywide crew relocated to Thousand Oaks to sell them for you as a REO at a 300% profit #strong. Those Marcus accounts are lead in for short term lending.

  • All Goldman sachs good executives are bald

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  • BS Ass licking reporting. Conman Sucks have lost multiple times and was bailed out by government through corruption.

  • They’re not smart . Money buys your way into anything you want as long as the number is right. Nowadays they are no better than the CCP. Not good people

  • Now with silver

    • If only lmao

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  • I AINT SELLING GME AMC BB NOKIA....... EVEN TOOTSIEROLL I AINT!!!

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  • All Jews

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  • 16:00 ah yes from CEO to bailout treasurer, no conflict of interest there go back to sleep 😴

  • Thank you for the advertisement for Goldman Sachs disguised as reporting, CNBC. Now tell me more about how average people on reddit are the baddies for having caught a hedgefond shorting 140% (!!!) of the available stock to try bring down a company that employs thousands of people.

  • saying anything good about this bank is absolute hypocrisy and ludicrous to say the least.

  • who wrote this ad for how nice these people were? al capone said it best " the stock market is a sucker's bet ". there is a line in the " godfather part II " where michael corleone is told the syndicate is bigger than u.s. steel. goldman-sachs is a criminal enterprise. they were selling junk on one floor and betting against the same on a different floor. after the next crash the government will bail out the capitalist once again. another minsky moment .

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  • You're starting to scare us so we will "work with you" until we checkmate you. Goldman Sachs

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  • It is so fascinating how the supoused "freest" country in the world loves capitalism which creates kings but hate them for being different that them which would be socialism. You see the irony? Usonians were thought to hate socialism but they want the rich to be equal to them. So mind blowing. Dumb humans are fascinating. You can see how their hormones and brain mechanics work.

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  • If you are really rich, you don't work in goldman.

  • I feel a bit smarter now bout bankings. Thanks

  • they dont have other choice :D

  • It all started with a sewing machine. Never underestimate your potential!

  • Someone should charge that iPhone at 7:40

  • Dear white people allow black people in management

  • Image have built a business for more then century, then some bum comes and ruins it all for you. Shame

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  • Nice strategy i must say. I didn't earn as much as this video claim but i earn about $40,000 every week and i don't do that using video

    • Bitcoin is the most profitable investment online if only you trade with a professional broker

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