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

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  • เผยแพร่เมื่อ 21 ธ.ค. 2024

ความคิดเห็น • 2.2K

  • @CNBC
    @CNBC  5 ปีที่แล้ว +425

    What do you think of Goldman Sachs' strategy?

    • @aschmoove2006
      @aschmoove2006 5 ปีที่แล้ว +22

      Jellapper Lökkäs
      LOL😂😂😂😂

    • @trippynfun
      @trippynfun 5 ปีที่แล้ว +15

      @@Flaakk lol

    • @genxchas
      @genxchas 5 ปีที่แล้ว +9

      Its a strategy that worked to say the least however left a stain

    • @thanos2170
      @thanos2170 5 ปีที่แล้ว +3

      Genius

    • @thanos2170
      @thanos2170 5 ปีที่แล้ว +1

      Jellapper Lökkäs
      Salty that you are poor

  • @1qlues
    @1qlues 5 ปีที่แล้ว +3085

    I recently found out the real reason why Goldman people go to government. It's because over the many years they have worked at goldman they have built up significant amounts of UNREALISED profits from stock and stock options which is a huge portion of their pay. For the ceo's these unrealised profits are in the hundreds of millions of dollars.
    When they realise those gains they would normally have to pay tax on that profit. BUT US law says that when you go into government you have to sell any shares that you have of publically traded companies etc because of conflict of interest. The key is that you are forced to sell your shares but it is TAX FREE if you do it because of going to government. This has probably saved these goldman people billions of dollars in tax deductions collectively.

    • @menthy
      @menthy 5 ปีที่แล้ว +436

      Thank you for this. I am now going to build a portfolio of investments with massive unrealized gains, and then run for mayor or something.
      Millions in tax savings!!! Yes!!!

    • @hugonongbri8100
      @hugonongbri8100 5 ปีที่แล้ว +193

      Thanks for sharing. ..had no idea...so thats why most of the treasury secretaries are from GS 😂😂😅😆

    • @LndnJazzHour
      @LndnJazzHour 5 ปีที่แล้ว +69

      Jesus Christ

    • @lozoft9
      @lozoft9 5 ปีที่แล้ว +130

      @@menthy That only works with the federal gov't. State gov'ts don't have such sweetheart ethics deals. If you go to work for a state government, you won't get a federal tax write-off and in most cases, neither will you get a state tax writeoff.

    • @waminette
      @waminette 5 ปีที่แล้ว +56

      That's actually really smart

  • @Chenny0
    @Chenny0 5 ปีที่แล้ว +3045

    👏 For CNBC for not having ads every 5 minutes

    • @panchitov12
      @panchitov12 5 ปีที่แล้ว +9

      Chenny Andy whats an ad ?

    • @pshivvy4212
      @pshivvy4212 5 ปีที่แล้ว +12

      @@panchitov12 That one thing, ya know?

    • @genxchas
      @genxchas 5 ปีที่แล้ว +10

      They own the broadcast no need

    • @genxchas
      @genxchas 5 ปีที่แล้ว +5

      @@actualfactual8737 in 🇺🇸 we say u cant beat em join em 👌😎💰

    • @OutSideTheBoxFormat
      @OutSideTheBoxFormat 5 ปีที่แล้ว +4

      There's ads on TH-cam?

  • @gTr4yr4y
    @gTr4yr4y 5 ปีที่แล้ว +2449

    “Goldman Sachs is going from caviar to cheeseburgers.” Thank you for that analogy Mr. Mike Mayo.

    • @theroyalcrane
      @theroyalcrane 5 ปีที่แล้ว +37

      Haha! The Ted Cruz school of food based analogies.

    • @user-hs2hd7wp9g
      @user-hs2hd7wp9g 5 ปีที่แล้ว +19

      @@actualfactual8737 Rant about that, they don't care, the make 50 times your salary if not more

    • @bloom6921
      @bloom6921 5 ปีที่แล้ว +3

      @@simonwilson7581 lol:)

    • @sammagid8030
      @sammagid8030 5 ปีที่แล้ว +9

      Can i put mayo on cheeseburger?

    • @theroyalcrane
      @theroyalcrane 5 ปีที่แล้ว +3

      @@sammagid8030 It's your burger, put what you like on it.

  • @harrisonmichael5047
    @harrisonmichael5047 ปีที่แล้ว +563

    I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing!
    Very inspiring! I love this.

    • @raychristopher7797
      @raychristopher7797 ปีที่แล้ว

      I understand that tomorrow isn't promised to anyone, but investing today is hard for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.?

    • @harrisonmichael5047
      @harrisonmichael5047 ปีที่แล้ว

      @@raychristopher7797 I invest across the top markets but not by myself though. I follow the guidelines of *PRISCILLA DIANE AIVAZIAN* . you might have heard of her. I can correctly say she's worth her salt as an investment advisor as her diversification skills is top-notch, I say this because I see that in her results as my portfolio grows by averages of 20 to 3O% every month, unlike I can say for my IRA which has just been trudging along. my portfolio just mirrors what she places and not just on some particular industries of my choosing. she gave me that financial freedom I needed

    • @raychristopher7797
      @raychristopher7797 ปีที่แล้ว

      @@harrisonmichael5047 That’s great, your investment advisor must be really good, I have seen testimonies of people using the help of investment advisors in making them more financially stable. Do you mind sharing more info on this person?

    • @harrisonmichael5047
      @harrisonmichael5047 ปีที่แล้ว

      @@raychristopher7797 look her up on the internet with her name. she's quite popular for her services as she was recently featured on
      CNN. She can work with anyone irrespective of where you're located

    • @raychristopher7797
      @raychristopher7797 ปีที่แล้ว

      @@harrisonmichael5047 I just looked up this person out of curiosity; surprisingly, she seems proficient. I thought this was just some overrated BS, I appreciate this.

  • @kyb3709
    @kyb3709 5 ปีที่แล้ว +1561

    CNBC the real goats for all these informative types of videos recently. Y'all hold this W

    • @thagoatallen
      @thagoatallen 5 ปีที่แล้ว +14

      True CNBC doing good things

    • @skippingrhyme4386
      @skippingrhyme4386 5 ปีที่แล้ว +11

      Idk if they Realise how important this Comment really is. It should be Pinned.....

    • @Stoneface_
      @Stoneface_ 5 ปีที่แล้ว +27

      KYB I noticed they changed a lot recently. Now they’re making educational videos that matters to the American people instead of the garbage political videos they were making. Great job CNBC.

    • @SyafriMukhrizal
      @SyafriMukhrizal 5 ปีที่แล้ว +1

      Look all of them no work, just sit
      Bald and fat, thats what they do and you know about that
      They always give theori and not work, never saw them with worker, they want easy get money
      Never built anything just sit and roll they money and next time they withdraw with huge invest.
      Thats what they do, never saw real estate just roll money soo unrealistic theori idiot

    • @blueoystercultforevs
      @blueoystercultforevs 4 ปีที่แล้ว +8

      This is not an educational video. It's an advertisement for Goldman Sachs.

  • @DelusionalLogic
    @DelusionalLogic 4 ปีที่แล้ว +737

    Ahh yes, the 3 groups of people in the world: Millionaires, Billionaires, and Me the consumer.

    • @siramrit
      @siramrit 3 ปีที่แล้ว +2

      lol

    • @johnnym9498
      @johnnym9498 3 ปีที่แล้ว

      You sound like you’re front the left

    • @loangxuong9863
      @loangxuong9863 3 ปีที่แล้ว +1

      wow

    • @conductingintomfoolery9163
      @conductingintomfoolery9163 3 ปีที่แล้ว +12

      @@jereflechis4014 pretty true, if you are educated in basic money and economics your not going to be a consumer

    • @lcmiracle
      @lcmiracle 3 ปีที่แล้ว

      @@jasperbudiono295 Incredibly stupid and untrue

  • @joesphcu8975
    @joesphcu8975 ปีที่แล้ว +788

    What bothers me about this situation is the fact that the news and media are all going about a recession which is understandable due to the war and pandemic but still the same media still publish articles about folks in the same economy pulling off hefty 6figure profit(Averg. 200k in barely 8weeks) in this downtrend how is that possible?

    • @alexyoung3126
      @alexyoung3126 ปีที่แล้ว +2

      I've come to realize both bear and bull market provide opportunities to make high gains, I used to call bluff on folks that bragged about making a fortune from such down-markets until I happened to do so myself

    • @lawerencemiller9720
      @lawerencemiller9720 ปีที่แล้ว +1

      Well the US-stock market has been on it’s longest bull-run in history, so the mass hysteria and panic is understandable seeing as we’re not used to such troubled market, but there are opportunities lurking around if you know where to look while everybody’s been screaming falling sky, I’ve netted over $850k in the past 10months.

    • @stephaniestella213
      @stephaniestella213 ปีที่แล้ว +1

      well good for you buddy, your market knowledge paid off. I've actually been thinking of reaching a portfolio-adviser, my 401k and stocks been losing everything it's gained since 2019, mind if I looked-up this one coach you use?

    • @lawerencemiller9720
      @lawerencemiller9720 ปีที่แล้ว +3

      thanks, was guided tho...Eileen Ruth Sparks walked me through the ropes majestically i'ts my ultimate pleasure.

    • @stephaniestella213
      @stephaniestella213 ปีที่แล้ว

      she’s a quite known advisor. I actually did look her up curiously and went through her credentials on her webbsite…Top-notch! I wrote her an email, hopefully she’s accepting new intakes.

  • @kimyoung8414
    @kimyoung8414 ปีที่แล้ว +813

    Lynch has mastered what patience looks like. He has stuck to the markets, having a long term view on the markets. This is what I'm struggling to do, trying to learn how to not react to market news about inflation and all. I have currently set aside about $253k to put in the market now that prices are down. Any ideas?

    • @alexyoung3126
      @alexyoung3126 ปีที่แล้ว +3

      It takes some gut to really remain in the market despite downturns and all. So just find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

    • @joesphcu8975
      @joesphcu8975 ปีที่แล้ว +1

      I agree. I have pulled in more than $435k since 2020 through my advisor. It pays off more in the long run to just pick quality stocks and ride with those stocks.

    • @lawerencemiller9720
      @lawerencemiller9720 ปีที่แล้ว +2

      This is something I've been planning to do for a while now. My portfolio has been falling, and I'm scared, but I know the market always recovers. I wonder if I've been on the right stocks. How do I get in touch with your advisor?

    • @joesphcu8975
      @joesphcu8975 ปีที่แล้ว +4

      I work with "Helene Claire Johnson". I understand what it's like to see your portfolio going down. I hope the performance improves.

    • @lawerencemiller9720
      @lawerencemiller9720 ปีที่แล้ว +2

      I'm grateful to stumble on this convo. out of curiosity I was able to reach her web page on google and email her. I'm hoping she will respond to me shortly.

  • @reheyesd8666
    @reheyesd8666 4 ปีที่แล้ว +292

    This should be called "How the banking sector owns Governments"

    • @guruspubichair
      @guruspubichair 4 ปีที่แล้ว +8

      This should be called "How the banking sector owns Governments"

    • @seandmello3793
      @seandmello3793 3 ปีที่แล้ว +2

      @@guruspubichairvery original!

    • @cc23001
      @cc23001 3 ปีที่แล้ว +1

      China is the other way around.. think that's better?

    • @aumkarranjanbehura5332
      @aumkarranjanbehura5332 3 ปีที่แล้ว

      @@cc23001 Wuma

    • @tomlxyz
      @tomlxyz 3 ปีที่แล้ว +1

      They don't own it, just influence it, and since 2008 they've lost a lot of influence

  • @videodude2010
    @videodude2010 5 ปีที่แล้ว +694

    CNBC been uploading banger after banger. I’m liking this content!

    • @annaromulus
      @annaromulus 5 ปีที่แล้ว +2

      which are your favorites? Suggest please

    • @Stoneface_
      @Stoneface_ 5 ปีที่แล้ว +3

      Bethlem RomulusDaas Amazon paid zero federal tax

  • @amazoidal
    @amazoidal 5 ปีที่แล้ว +1270

    Interestingly, after the Bailout and Recession, Lloyd and his friend Jamie Dimon, went from Millionaires to Billionaires. Doing God's work, of course.

    • @dennisp8520
      @dennisp8520 5 ปีที่แล้ว +103

      Honestly, I hate banks, I don't want to give names of the ones I have used. However, I started with a small bank and they sucked because they never worked. I used a big bank and they have tons of fees. There is no winning as a consumer. Unless you have money of course. Sadly you need banks to get paid no one pays cash. I hope one day we can get paid in cryptocurrency to avoid the bureaucracy of it all.

    • @t1234-q5z
      @t1234-q5z 5 ปีที่แล้ว +1

      Lmaoooo

    • @lnhart7157
      @lnhart7157 5 ปีที่แล้ว +60

      You know that Jamie Dimons bank didn't need or want the bailouts? And also paid them back with interest to the government?

    • @amazoidal
      @amazoidal 5 ปีที่แล้ว +13

      Loan me the money and I will pay it back also.

    • @traplover6357
      @traplover6357 5 ปีที่แล้ว +21

      @@dennisp8520 credit unions are the best way so far.

  • @williamsmith9921
    @williamsmith9921 5 ปีที่แล้ว +1029

    One of the conditions for being CEO is that you must be bald or balding. It's naturally the price of doing God's work.

    • @menthy
      @menthy 5 ปีที่แล้ว +155

      Combing hair is not a profitable activity. These CEO's understand that. Much better to make billions than waste time combing hair.

    • @yugiohpokemon5285
      @yugiohpokemon5285 5 ปีที่แล้ว +28

      William Smith it comes with age the average ceo is about 50

    • @jen_nice2059
      @jen_nice2059 5 ปีที่แล้ว +16

      Make pattern baldness makes you more mature and smart

    • @552mustang
      @552mustang 5 ปีที่แล้ว +38

      William Smith Its true. Alpha male personalities that take risks tend to have higher testosterone and thus DHT. Testosterone levels society wide have been plummeting in the last few decades. This is part of the reason why male pattern baldness isnt as seen in the general populace anymore. Lots of theories as to why the drop, but could be xenoestrogens in the water and food supply from plastics etc. Used to be (when men were men) upto like the mid 80s, MBP went part and parcel with aging. it was basically par for the course for a majority of men.

    • @markzucc3277
      @markzucc3277 5 ปีที่แล้ว +15

      552mustang no facts to back this up but I want to believe it’s true

  • @codelunatic
    @codelunatic 4 ปีที่แล้ว +72

    worked in their tech division for a few years, actually started my graduate job there the day Lehman Brothers went down.. Have to say great firm, fantastic people... What people keep forgetting is that GS was probably the only big IB that did not require a bailout but was forced to accept one along with the others to stabilize the markets.. They were fantastic risk managers and had already taken a calculated bet against the mortgage markets, the crisis wouldn't have happened if only other banks were that diligent..

    • @klintsheganaku913
      @klintsheganaku913 3 ปีที่แล้ว +3

      Goldman received a $10B funds from the Government as part of the TARP, it was not forced to accept any of it, and yes, it did get bailed out, so even though you are here telling us your narrative, that does not make it true. They received these funds from taxpayers pockets as a relief to prevent a systemic financial crisis that they had created, along with other big financial institutions, by committing financial fraud for years and getting rich by defrauding their clients; no one of these principal actors went to jail, instead, part of the relief funds went straight in their pockets as bonuses...

    • @johnyac60
      @johnyac60 2 ปีที่แล้ว +3

      @@klintsheganaku913 Paulson literally forced to take the funds? Ha.. cute argument though

    • @NOName-nn3jv
      @NOName-nn3jv 2 ปีที่แล้ว +1

      So does JP Morgan, they didn't need any bailout either

    • @onee
      @onee 2 ปีที่แล้ว +2

      Ah yes, such an ethical firm that they made half a billion bankrupting Greece.

    • @zxylo786
      @zxylo786 ปีที่แล้ว

      ​@@oneeWho cares about Greece

  • @markteague8889
    @markteague8889 5 ปีที่แล้ว +135

    Letting Goldman Sachs play with depository accounts is like letting the foxes into the hen house. Kiss your chickens goodbye! ROTFL

    • @leonardopurba.s
      @leonardopurba.s 5 ปีที่แล้ว +2

      Do I really have to kiss my chickens? :(

    • @jameskresl
      @jameskresl 4 ปีที่แล้ว +7

      Or just keep your balance under $250k.

    • @RK831
      @RK831 4 ปีที่แล้ว +3

      That was what Glass-Steagall was for.

    • @angiesworld8038
      @angiesworld8038 3 ปีที่แล้ว

      I wish they were responsible for my bank deposits.

  • @MCorpReview
    @MCorpReview 5 ปีที่แล้ว +516

    Love the part about making money from a fine. Classic

  • @EternalEchoflame
    @EternalEchoflame 5 ปีที่แล้ว +96

    Loving these CNBC documentaries.

    • @Shlomoadamov
      @Shlomoadamov 5 ปีที่แล้ว

      Where can I find more like this one?

  • @belowaverageluke1369
    @belowaverageluke1369 5 ปีที่แล้ว +224

    Legend has it that Goldman sachs is still alive today.

    • @_ABDUL-RAHIM.
      @_ABDUL-RAHIM. 5 ปีที่แล้ว +1

      @@actualfactual8737 what if this thing was actually one of the reasons why hitler caused holocaust back then ?

    • @skippingrhyme4386
      @skippingrhyme4386 5 ปีที่แล้ว +1

      @@actualfactual8737 Very true, but Just like the Medical I formation we got From Nazi Germany it's a Vital part of the Modern Day.......

    • @HankTheTank23
      @HankTheTank23 4 ปีที่แล้ว +1

      Goldman Sachs isn't a person...

    • @christiangallagher8856
      @christiangallagher8856 4 ปีที่แล้ว

      “Goldman Sachs is going from caviar to cheeseburgers.” Thank you for that analogy Mr. Mike Mayo.

    • @ClxTablet-pv5hi
      @ClxTablet-pv5hi ปีที่แล้ว

      I sure hope he's with devil trying to steel

  • @Keyboardscholar
    @Keyboardscholar 5 ปีที่แล้ว +30

    I love all CNBC's videos about banks. Please keep them coming!

  • @n3gi_
    @n3gi_ 5 ปีที่แล้ว +172

    The Goldman Sachs Ideology:
    When life gives you lemons, turn them into GOLDEN Lemons!!!!

    • @DanielPronych
      @DanielPronych 4 ปีที่แล้ว +6

      Yes, for Goldman Sachs? Not necessarily other investors as the primary goal?

    • @IhaveBigFeet
      @IhaveBigFeet 3 ปีที่แล้ว +7

      More like when life gives you lemons loan those lemons out to your neighbour for exorbitant interest fee then funnel the money back to israel

  • @KonkelVonk
    @KonkelVonk 5 ปีที่แล้ว +18

    That rise from 2008 during the crash to 2009 with the big hike in that net income chart is your bailout tax money people.

  • @RESPINOZA94
    @RESPINOZA94 5 ปีที่แล้ว +37

    Goldman Sachs #1. The most hated bailout that worked.

    • @qstunrr
      @qstunrr 5 ปีที่แล้ว +10

      Key word: it worked. But no one seems to get that

    • @nicksullivan4203
      @nicksullivan4203 5 ปีที่แล้ว +3

      Ya man it seem like every one hates the bailout but it did work. I read "Firefighting The financial crisis and its lessons" which was written by a financial advisor under bush, one under obama and another independent and it was pretty interesting. Would Recommend.

  • @AZOffRoadster
    @AZOffRoadster 5 ปีที่แล้ว +19

    Pure Evil. Just watch for GSCO on your level II screen and you can observe them doing evil things.
    Jail everyone there and break it into a dozen new banks.
    Put some REAL rules in place, and actually ENFORCE them.
    No more slap on the wrist fines, imprison those in charge.

  • @akj3344
    @akj3344 4 ปีที่แล้ว +14

    The closing line of these video is fire. These guys are truly the smartest guys in the room.

  • @thecapone45
    @thecapone45 5 ปีที่แล้ว +16

    Man. These videos are actually really well done. I’m impressed!

  • @superqaxclub
    @superqaxclub 5 ปีที่แล้ว +341

    And that's why Apple choose them for Apple Card

    • @johnmoore1495
      @johnmoore1495 5 ปีที่แล้ว +63

      I just applied for it today and got a $7,000 credit limit and I'm still in college lmao.

    • @aleydrus8067
      @aleydrus8067 5 ปีที่แล้ว +35

      @@johnmoore1495 Awesome. Goldman sachs loves you for giving them your money.

    • @johnmoore1495
      @johnmoore1495 5 ปีที่แล้ว +51

      aleydrus I barely use my cards. I just keep opening them up so later down the road I have a long credit history.

    • @anonymjin3278
      @anonymjin3278 5 ปีที่แล้ว +2

      John Moore Smart

    • @lefthanded5473
      @lefthanded5473 4 ปีที่แล้ว +12

      John Moore $7,000 for limit in college, you probably got some loaded parents co-signing you.

  • @alexknox1596
    @alexknox1596 3 ปีที่แล้ว +8

    loved the looks CEO of Goldman's was getting when recommending the bail out, says more than words can!!!

  • @narrativenationUFC
    @narrativenationUFC 5 ปีที่แล้ว +90

    "To Targeting Congress, The Treasury, and No-Strings-Attached Backdoor Bailouts". There, I fixed it for you.

    • @kfcthanksgiving
      @kfcthanksgiving 5 ปีที่แล้ว +5

      George Janeiro no-strings-attaches bailouts? They paid back the entire sum with interest. It wasn’t just a free handout

    • @narrativenationUFC
      @narrativenationUFC 5 ปีที่แล้ว +5

      @@kfcthanksgiving Every bankster apologists' go-to response: "but they paid it back, with interest!" A) they never "paid back" the damage they did to tens of millions of Americans; B) the interest should have been 30-40 points higher; and C) there's no way to pay back the future damage from the moral hazard of letting the banksters know they'll always be bailed out.

    • @dylanf3108
      @dylanf3108 5 ปีที่แล้ว +2

      The bailout was a loan meaning they had to pay interest back which they did. There weren’t no strings.

    • @narrativenationUFC
      @narrativenationUFC 5 ปีที่แล้ว +7

      @@dylanf3108 yeah, it was a loan, which is why they called it a loan, oh, wait, nooo, they called it a BAILOUT, because we bailed out bankrupt banksters.

  • @TheRealHarsjan
    @TheRealHarsjan 5 ปีที่แล้ว +270

    Criteria for CEO of Goldman Sachs:
    Don't have hair on your head.

    • @tantiwahopak101
      @tantiwahopak101 5 ปีที่แล้ว +6

      That's racist!

    • @aadhithanu9070
      @aadhithanu9070 5 ปีที่แล้ว +28

      That's Hairist

    • @lencymuna465
      @lencymuna465 5 ปีที่แล้ว +5

      @@aadhithanu9070 lol

    • @roryboytube
      @roryboytube 4 ปีที่แล้ว +1

      Gary Cohan went from Gold to Bald in just a few years

    • @최현웅-q3w
      @최현웅-q3w 4 ปีที่แล้ว

      GOT7 “Breath (넌 날 숨 쉬게 해)” M/V 2000만뷰 돌파! 아가새 아름다워 그 무엇보다💚
      GOT7 “Breath” M/V hits 20 million views! I GOT7 are beautiful more than anything else💚
      th-cam.com/video/g5idjxf4jHI/w-d-xo.html
      #GOT7 #갓세븐 @GOT7Official
      #IGOT7 #아가새
      #GOT7_BreathofLove_LastPiece
      #GOT7_Breath
      #GOT7_LASTPIECE

  • @Tom-np7ct
    @Tom-np7ct 4 ปีที่แล้ว +4

    This is great, CNBC is the only place that provides a true and detailed history of companies like this one. Anywhere else, the story of the company is manipulated to support a point of view.

    • @junesilvermanb2979
      @junesilvermanb2979 4 ปีที่แล้ว +1

      en.m.wikipedia.org/wiki/CNBC

    • @leem.5917
      @leem.5917 2 ปีที่แล้ว +1

      Oh wow blindly following an MSM ? You can always do better

  • @user-mq3ts7lr9l
    @user-mq3ts7lr9l 5 ปีที่แล้ว +128

    How trading division made money during the crisis? As the story goes from TH-cam documentaries and the big short movie.... Derivatives, in English, bets. They made bets at the 10th hour that the housing market would crumble, repackaged & sold investments that they had on hand linked to the housing market to unwitting clients, and then what they couldnt sell...
    Well they had AIG insure the downside of the investments left which were linked to the housing market, and when it crumbled, they made a killing.
    Meanwhile clients who bought advice from them were advised to do the opposite... and obviously they charged the clients for that advice.

    • @JK-gu3tl
      @JK-gu3tl 5 ปีที่แล้ว +13

      There's a reason why Matt Taibibi called them a Vampire Squid.

    • @yugiohpokemon5285
      @yugiohpokemon5285 5 ปีที่แล้ว +4

      Jay K you are aware that many big investors didn’t know that the bonds were bad there was only a handful of people who knew about that

    • @user-mq3ts7lr9l
      @user-mq3ts7lr9l 5 ปีที่แล้ว +6

      Thing is, I'm not sold on the idea that a handful of people caused the markets to inflate with nothing. Even though the fact that ratings agencies gave stellar ratings on these products, which is VERY suspicious... I think we should also consider 1. greed/desperation and 2. group psychology of investors.
      1. Many people who end up with nothing in pyramid schemes are not clueless about the fact that they could lose everything, they are well aware that it is too good to be true, they can tell you exactly what the sales man said the first time that sounded like flying cows. But out of desperation or greed, they join anyway. It's like when the sales man says high risk, high reward, the former falls on deaf ears.
      2. I think investors bought into the property gospel, the you can never go wrong with X type of financial religion, to that effect, wilful mass ignorance, I can believe that they chose not to know.
      but then, those are my thoughts.

    • @rudaguimaraes9
      @rudaguimaraes9 5 ปีที่แล้ว +1

      Jay K the Great Depression was followed by a great increase in monetary supply by the federal reserve. Of course everyone is going to make bad and riskier investments, the whole market is distorted.

    • @mcapps1
      @mcapps1 5 ปีที่แล้ว +2

      Satan is the one who would charge you for buying AND selling.

  • @tongkatali7643
    @tongkatali7643 5 ปีที่แล้ว +23

    From Investment Banking to Retail Banking. A true diversification

  • @aviralsingh002
    @aviralsingh002 3 ปีที่แล้ว +6

    The background music is killing it, just like Goldman!

  • @JK-gu3tl
    @JK-gu3tl 5 ปีที่แล้ว +13

    When Hank Paulson became Treasury Sec., he was able to cash in on his GS equity w/o having to pay tax.

    • @tarshun
      @tarshun 3 ปีที่แล้ว

      Yes and Gary Cohn did the same after leaving GS and working as Trump’s Chief Economic Advisor. I think he capitalized on both opps by paying low/no taxes and leaving the Trump Admin when he did...👀🤑

  • @hipolitoreyes5579
    @hipolitoreyes5579 5 ปีที่แล้ว +121

    Welcome to the World of Banking, where you can turn a fine into a Profit 😂

    • @hlboerr
      @hlboerr 5 ปีที่แล้ว +4

      paid 7 billion in fines, which 1 billion was in crappy mortgages, which 70% of that billion was to consumer relief. yeah so great world of banking

    • @nicksullivan4203
      @nicksullivan4203 5 ปีที่แล้ว +6

      It wasn't a fine. It was a required investment. So its pretty clear how you can make a profit off it.

    • @11bornrich
      @11bornrich 5 ปีที่แล้ว +10

      Lol even if you hate them come on now, we have to give them fellas some credit, they're damn smart😂😂

    • @ryannayr140
      @ryannayr140 4 ปีที่แล้ว

      Why should they have been fined? They made a risky bet and won. The people that should be fined are the people making a risky bet and know that they're too big to fail.

    • @socrates_the_great6209
      @socrates_the_great6209 4 ปีที่แล้ว

      Greed, Greed

  • @gregorychristine9972
    @gregorychristine9972 3 ปีที่แล้ว +45

    Success is not final; failure is not fatal: it is the courage to continue that counts. Business opportunities are like buses, there’s always another one coming.

    • @russellnuhkaser7164
      @russellnuhkaser7164 3 ปีที่แล้ว

      Truth, it is really profitable as an investment.

    • @elijahisabella6781
      @elijahisabella6781 3 ปีที่แล้ว +1

      It’s fortunate that many of us are still confused about crypto currency while others are busy earning from it

    • @luciabvxharder4669
      @luciabvxharder4669 3 ปีที่แล้ว

      @@elijahisabella6781 Is never stressful when you're guided by a pro

    • @justinpamela7184
      @justinpamela7184 3 ปีที่แล้ว +1

      I remember friends calling me crazy when I started investing in bitcoin now I shut them up with my 4 figures weekly returns.

    • @richardbeen6545
      @richardbeen6545 3 ปีที่แล้ว

      Thanks so much to Ma'am Diana Lucy for introducing and making me believe in crypto

  • @arashkborzoo
    @arashkborzoo 5 ปีที่แล้ว +6

    I love these CNBC documentaries

  • @gg3675
    @gg3675 4 ปีที่แล้ว +95

    "Smart people tend to end up in positions of power." Our choices for president are four more years of Donald Trump or Joe Biden. Enough said on that theory.

    • @UserName-ii1ce
      @UserName-ii1ce 4 ปีที่แล้ว +20

      The smart people don't want the president's responsibility. Except for maybe the bae Andrew Yang

    • @realeffx
      @realeffx 4 ปีที่แล้ว +16

      Smart people want the power not the spotlight

    • @generalshepherd457
      @generalshepherd457 4 ปีที่แล้ว +7

      Trump is street smart. Biden is half demented.

    • @davidmitchell3997
      @davidmitchell3997 3 ปีที่แล้ว

      @Saggi Boawls 👏🏾👏🏾🙌🏾
      #BidenIsAFraud

    • @nxbis
      @nxbis 3 ปีที่แล้ว

      Uhh its really more like the opposite.

  • @amanapart.
    @amanapart. 5 ปีที่แล้ว +16

    These "people" have the entire US finance system in their hands.

    • @lucaliberati5807
      @lucaliberati5807 5 ปีที่แล้ว +2

      And Europe and about 40 countries too !

    • @funnyhomemadefilms4145
      @funnyhomemadefilms4145 3 ปีที่แล้ว

      That's why you folks should be supporting communism

    • @Saisem3
      @Saisem3 3 ปีที่แล้ว +2

      @@funnyhomemadefilms4145 national socialism

  • @eckmann88
    @eckmann88 5 ปีที่แล้ว +11

    Goldman’s CEO DJ’ing just makes me think he’s the business equivalent of Amy Poehler’s “cool mom” in Mean Girls.

  • @Mullet-ZubazPants
    @Mullet-ZubazPants 3 ปีที่แล้ว +6

    1:09 "Vampire Squid" is the handle Matt Taibbi gave them in his Rolling Stone article. It's a good read, I recommend

  • @tinniefresheats888
    @tinniefresheats888 5 ปีที่แล้ว +14

    How come they don't teach these classes in High School???

    • @leoramirez3146
      @leoramirez3146 4 ปีที่แล้ว +7

      Cux they want to keep u poor. But us up to u to be more like a lion.

  • @DivineFrag
    @DivineFrag 5 ปีที่แล้ว +17

    It's still kinda funny how Goldman has maintained the image of having the most successful traders when the numbers clearly don't support this statement.

  • @Motiontalktv
    @Motiontalktv 5 ปีที่แล้ว +140

    PhDs we locked in a cage somewhere 😂

    • @KevinJohnson-cv2no
      @KevinJohnson-cv2no 5 ปีที่แล้ว +9

      It's funny because it's an oxymoron. Goldman is known for being "the smartest shop on the block" and having the most competitive talents and minds under it's wing. It's like Einstein saying "yeah I just beat up some nerd to discover E=MC squared"

  • @neves69
    @neves69 4 ปีที่แล้ว +3

    This was serious quality.

  • @TheBOMMShow
    @TheBOMMShow 4 ปีที่แล้ว +3

    THAT BEAT IN THE BEGINNING GOES HARD!!!!!

  • @Augustus98
    @Augustus98 5 ปีที่แล้ว +221

    Now do a video on JP Morgan chase

    • @XCoreSol
      @XCoreSol 5 ปีที่แล้ว +36

      th-cam.com/video/6Rb2TsOm3Kw/w-d-xo.html They did that already

    • @jorgehdz2030
      @jorgehdz2030 5 ปีที่แล้ว +10

      Also a video of blackrock

    • @yugiohpokemon5285
      @yugiohpokemon5285 5 ปีที่แล้ว +2

      Aakash Bose J.P. Morgan is a good bank

    • @RONNYfromOZ
      @RONNYfromOZ 5 ปีที่แล้ว +9

      @@yugiohpokemon5285 no such thing as a good bank

    • @yugiohpokemon5285
      @yugiohpokemon5285 5 ปีที่แล้ว

      RONNYfromOZ so where would you get a loan for a business?

  • @rud
    @rud 5 ปีที่แล้ว +8

    Apple card: "Variable APRs range from 13.24% to 24.24% based on creditworthiness." Didn't realize that running a credit on a credit card was that expensive. Think I will continue to pay everything in full every month.

    • @dm2060
      @dm2060 3 ปีที่แล้ว

      There's no interest of you pay your bill on time.

  • @sejungsong
    @sejungsong 5 ปีที่แล้ว +64

    When I see the thumbnail of CNBC, I always think it's Huawei. You guys are really competing on brand recognition with that logo.

    • @Rakion09214
      @Rakion09214 5 ปีที่แล้ว +15

      It's been NBC's logo since before Huawei was a company.

    • @sejungsong
      @sejungsong 5 ปีที่แล้ว +3

      @@Rakion09214 I know that's why it's interesting to see my friends and myself to associate that logo with another company more often recently.

    • @dadude4960
      @dadude4960 5 ปีที่แล้ว

      up with you!

    • @yuchenchen8012
      @yuchenchen8012 4 ปีที่แล้ว +3

      @@sejungsong Well, no American is gonna associate the logo with Huawei. NBC is many times older than Huawei and I highly doubt NBC worries about logo recognition in its news market.

    • @marcuswilliam8856
      @marcuswilliam8856 3 ปีที่แล้ว

      Thanks for the comments! don't forget to hit the subscribe button
      +1>9>37>9>30>5
      WASP

  • @TheGbelcher
    @TheGbelcher 4 ปีที่แล้ว +10

    21:39 You missed a key detail in GS transformation into a retail bank. GS needed to be a bank to qualify for the TARP bailout funds. That stupid Marcus app is of no strategic importance.

  • @davidhidalgo8465
    @davidhidalgo8465 4 ปีที่แล้ว +2

    I’m locked in on some CD’s with Goldman Sachs.
    Very easy to use and has been a good bank for me so far, and I’m not rich (yet)

  • @auro1986
    @auro1986 5 ปีที่แล้ว +16

    this is what happens when you complicate things to cheat people

  • @geocyo8835
    @geocyo8835 5 ปีที่แล้ว +20

    1:07 I can't believe they are eating caviar with a metal spoon. Philistines.

    • @a7dfj8aerj
      @a7dfj8aerj 4 ปีที่แล้ว +1

      Thanks for reminding me how poor i am not to even know there are caviar spoons for that

  • @blahblah55237
    @blahblah55237 4 ปีที่แล้ว +4

    How appropriate that there is a gangsta rap beat to introduce GS in this video. Because everyone know Goldman is gangsta.

  • @osheenkelana
    @osheenkelana 3 ปีที่แล้ว +3

    MALAY SUBTITLES Part 2 of 5
    05:14
    Semasa saya mula di luar sana, Goldman Sachs mungkin berada di tempat kelima atau keenam dari segi menjadi syarikat terkemuka.
    05:22
    Tidak sampai saya mengatakan akhir 70-an dan awal 80-an ketika Goldman Sachs, kerana aktiviti pelanggannya dan
    05:33
    perbankan pelaburan, perjanjian yang dilakukannya dan seterusnya, mulai mendapat reputasi sebagai standard emas perniagaan perbankan pelaburan.
    05:42
    Saya rasa komitmen untuk cemerlang dan toleransi yang sangat rendah
    05:48
    kecerobohan dan banyak perhatian terhadap perincian
    05:53
    dan yang memulakan keseluruhan perbincangan mengenai budaya dan
    05:57
    budaya Goldman berbeza dengan yang lain.
    06:01
    Untuk tahap tertentu, walaupun perbezaan itu memudar ketika
    06:06
    era perdagangan mula berjalan.
    06:09
    Ketika Gus Levy yang menjalankan perniagaan perdagangan mengambil alih syarikat tersebut sebagai
    06:13
    rakan kanan pada tahun 1969, Goldman Sachs mula mengambil lebih banyak risiko.
    06:17
    Apabila anda adalah perkongsian peribadi,
    06:19
    mereka membuat pertaruhan dengan wang mereka sendiri dan itu sangat membantu
    06:23
    mereka dapat mengurangkan pengambilan risiko yang melampau dan memastikan bahawa firma itu
    06:28
    secara keseluruhannya berhemah kerana jika firma itu berada di bawah, itu sebenarnya
    06:32
    rakan kongsi yang namanya ada di pintu atau yang modal di firma,
    06:36
    wang mereka akan hilang.
    06:37
    Tetapi ketika bank pelaburan mula dibuka pada tahun 1970-an, banyak perkara
    06:42
    mula berubah.
    06:43
    Tiba-tiba anda harus beralih dari budaya perkongsian ke bonus
    06:47
    budaya di Wall Street bermula dari tahun 1970 dan sekarang kita datang di
    06:51
    50 tahun shenanigans seperti ini.
    06:54
    Lima puluh tahun orang mendapat ganjaran kerana pada dasarnya mengambil besar
    06:57
    risiko dengan wang orang lain.
    06:59
    Para peniaga cerdas jalanan, berorientasikan penjualan, memberi perhatian kepada anda
    07:05
    bahagian belakang dan mari kita pergi ke jenis permainan Knicks, sering menggunakan idea untuk
    07:10
    perdagangan yang datang kepada mereka dari sekelompok PhD yang kita kunci dalam sangkar di suatu tempat.
    07:11
    Tetapi ia adalah susunan yang berbeza dari
    07:18
    kumpulan perbankan pelaburan yang menganggap diri mereka lebih banyak
    07:22
    intelektual.
    07:24
    Pada tahun 1981, Goldman Sachs memperoleh sebuah syarikat perdagangan komoditi, J.
    07:29
    Aaron dan syarikat.
    07:30
    Ini menandakan perubahan strategik dalam perniagaan untuk bank dan masa depan
    07:34
    pemimpin seperti Lloyd Blankfein dan Gary Cohn meningkat melalui perdagangan
    07:38
    pangkat. Sebilangan besar kepimpinan firma berpindah dari
    07:43
    sektor perbankan pelaburan hingga ke sektor perdagangan.
    07:48
    1980-an menyaksikan kenaikan ekuiti swasta di Wall Street, broker kuasa
    07:53
    budaya yang dikuasai dan Goldman menyaksikan beberapa pesaing terbesarnya
    07:57
    mengaut dolar dalam jumlah besar dengan pergi ke depan umum.
    07:59
    Bear Stearns pada tahun 1985.
    08:01
    Morgan Stanley pada tahun 86 dan kemudian Lehman Brothers pada tahun 1994.
    08:07
    Goldman membuat beberapa tawaran besar seperti pembelian Rockefeller
    08:10
    Pusat pada tahun 1995 tetapi syarikat itu terus bekerjasama.
    08:14
    Saya menyertai pada musim panas tahun 95.
    08:18
    Dan saya katakan saya sangat bernasib baik kerana saya rasa saya seperti
    08:21
    ini adalah orang kelima yang pernah bergabung sebagai rakan kongsi ketika itu
    08:24
    perkongsian jadi saya berasa sedikit takut kerana anda tahu saya
    08:29
    memasuki perkongsian yang luar biasa ini dan kemudian saya tidak tahu apa
    08:33
    ia akan menjadi seperti.
    08:35
    Saya tidak akan lupa pada hari kedua saya mendapat e-mel dari Jon
    08:39
    Corzine yang tentu saja CEO bertanya kepada saya apa yang saya fikirkan
    08:43
    lira. Dan saya terkejut.
    08:45
    Dan saya memberinya jawapan dan dia menjawab saya dalam masa setengah jam.
    08:49
    Saya fikir wow, ini adalah tempat yang sangat bagus.
    08:52
    Sebenarnya dalam masa tiga bulan saya berada di sana mereka mempunyai yang pertama
    08:56
    apa yang menjadi perbahasan mendalam yang cukup terkenal
    09:00
    semua rakan mengenai sama ada mereka harus atau tidak boleh disiarkan secara terbuka dan
    09:03
    keputusannya adalah tidak.
    09:04
    Sejak sekian lama, anda merasakan bahawa Goldman adalah kehendak istimewa
    09:08
    lebih baik dari peribadi.
    09:09
    Anda tahu lama-kelamaan orang yang berada di Goldman maksud saya
    09:13
    mereka tidak akan pernah mengatakannya dengan cara begitu tetapi mereka menjadi tamak.
    09:16
    Mereka menyedari jika mereka dapat membuat liputan umum pada nilai buku sebanyak empat kali
    09:19
    berjaya menghasilkan banyak wang dan benar-benar kaya.
    09:23
    Maksud saya sebenarnya tidak ada alasan sama sekali Goldman untuk tidak pergi
    09:27
    awam.
    09:28
    Kerana ia begitu besar idea bahawa ia berkelakuan dengan tepat
    09:34
    Falsafah yang sama dengan semangat perkongsian yang asal nampaknya bagi saya
    09:38
    tidak benar seperti nilai perkongsian yang dicadangkan.
    09:45
    Jadi saya seperti anda tahu mengapa tidak hanya menjadi syarikat awam.
    09:49
    Debut besar dijangka esok untuk orang awam Goldman Sachs
    09:52
    menawarkan, IPO adalah 10 kali ...
    09:55
    Ia adalah salah satu IPO terbesar dalam sejarah pada masa itu dan syarikat
    09:59
    mengumpul tiga mata tujuh bilion dolar.
    10:02
    Itu menjadikan rakan kongsi kaya raya.
    10:05
    Rakan kongsi terkemuka di firma itu mungkin menghasilkan sesuatu seperti 300 juta
    10:09
    dolar, bahkan rakan kongsi yang lebih senior membuat sesuatu seperti 100 juta
    10:13
    dolar. Jadi itu adalah gaji yang besar di seluruh syarikat.
    10:18
    Itu adalah bonanza.
    10:19
    Ini adalah kejayaan besar.

  • @msa3533
    @msa3533 4 ปีที่แล้ว +2

    i really like the way cnbc makes these videos.

  • @kevind97
    @kevind97 5 ปีที่แล้ว +4

    I'm not going to say what I think about every video (that y'all are great); instead, I'm going to say that CNBC is staying true to their viewers. What do I mean that? I use to watch Business Insider for their reports on businesses and random topics they deemed were popular for the new population on TH-cam. However, they have slowly transitioned away from good content to clickbait, which they are great at. Nevertheless, CNBC is staying true to its brand and providing us with great reports on companies and current events. Props to the team that does TH-cam videos. I can't wait to watch and learn more.

    • @hugonongbri8100
      @hugonongbri8100 5 ปีที่แล้ว

      Bloomberg has been putting out great content check them out

    • @marcuswilliam8856
      @marcuswilliam8856 3 ปีที่แล้ว

      Thanks for the comments! don't forget to hit the subscribe button
      +1>9>37>9>30>5
      WASP

  • @fairysox221
    @fairysox221 5 ปีที่แล้ว +6

    I love the punishment 18:44 , its like "Timmy, go to your room.." when that's where all Timmy's toys are.

  • @smallrossy
    @smallrossy 5 ปีที่แล้ว +3

    Mike Mayo talking about cheese burgers, i love this

  • @rishivishwasrao
    @rishivishwasrao 4 ปีที่แล้ว

    At 16:55, they say GSIB structured and sold MBS - why GSIB though? Shouldn't it be GSAM??

  • @stevecole9422
    @stevecole9422 5 ปีที่แล้ว +16

    A DJ CEO, that alone makes me want to run away from doing any business.

  • @samuelmitchell5937
    @samuelmitchell5937 5 ปีที่แล้ว +8

    I think this is probably one of CNBC's most important case studies. While we fight over "ideologies," Goldman uses their skill set to grow their power and influence to sectors outside their field to better suit their agenda. As they've demonstrated, they hedge their bets by playing to BOTH sides of the political spectrum and ALWAYS PROFIT as a result. They are the definition of "exploit any and every opportunity to the fullest." All the while passing on their losses to those who aren't in their inner circle. They are also the poster child of how decrepit society in the world as a whole is. They lie to their customers about their "product" and quality, become a key figure in various economies as well as big players, rewriting the laws to their own favor while MOSTLY remaining secretive and out of the public's eye, all the while destroying the average person and their families from a direct or indirect result of their actions. Ironically it sounds like I'm describing the illegal drug trade. Only difference is that one faction is paranoid about being destroyed at any given moment while the other makes sure the predators are always on they're side.

    • @shawnjavery
      @shawnjavery 5 ปีที่แล้ว

      I don't see how that could change tbh. A group that holds access to the biggest source of capital will always be able to exert a disproportionate influence on government, and I doubt anything will change that. All you really can do is to try to prevent yourself from being caught up in it.

    • @samuelmitchell5937
      @samuelmitchell5937 5 ปีที่แล้ว

      @@shawnjavery electing more oversight, making laws that prohibit people to go into office from the private financial sector due to conflict of interest are just some of the was we can move in the direction in which we move away from Goldman. I know it sounds like a long shot and a fantasy but keep in mind that when we give up, greed wins.

    • @Kobs.A
      @Kobs.A 3 ปีที่แล้ว

      @@samuelmitchell5937 they would get puppets, sth never changes

  • @austinhorton6350
    @austinhorton6350 5 ปีที่แล้ว +12

    7:42 Might want to charge your phone

  • @RE2PECT
    @RE2PECT 5 ปีที่แล้ว +26

    Apple + Goldman Ballsack = taking over the world one iPhone at a time

    • @AdamSmith-gs2dv
      @AdamSmith-gs2dv 5 ปีที่แล้ว +6

      What? Only 20% of the world uses iPhones

    • @RE2PECT
      @RE2PECT 5 ปีที่แล้ว +2

      Adam Smith I’m talking about their new credit card with apple....

    • @davidkarin3443
      @davidkarin3443 5 ปีที่แล้ว +1

      I’m so happy I own stock in both companies, they just make me money

    • @davidkarin3443
      @davidkarin3443 5 ปีที่แล้ว

      John Marsh my portfolio says otheriwse

    • @LOSTGAM3R
      @LOSTGAM3R 5 ปีที่แล้ว +3

      Actual Factual... you know Jews have the highest average IQ, right?

  • @slowmopoke
    @slowmopoke 5 ปีที่แล้ว +2

    Marcus Goldman was born Mark Goldmann ] His family was Ashkenazi Jewish. His paternal grandfather was called Jonathan Marx

  • @unwanted_spam
    @unwanted_spam 3 ปีที่แล้ว +2

    I loved the intro
    And
    This is not my first time

  • @Pmz604
    @Pmz604 5 ปีที่แล้ว +4

    Senior management was unaware of the activity going on in the company..its not like they're stupid or anything.

  • @nmarkert01
    @nmarkert01 4 ปีที่แล้ว +3

    They constantly send me offers thats like 2-3 times the rate of most personal loan offers I get. 😂🤷🏻‍♂️

  • @TheFinancialController
    @TheFinancialController 4 ปีที่แล้ว +8

    “Too big to fail” describes GS’s bonus scheme!

  • @visitnewplace143
    @visitnewplace143 3 ปีที่แล้ว

    I need to know this app is not available on play store..... what is the reason in behind GS

  • @TommyCarstensen
    @TommyCarstensen 5 ปีที่แล้ว +1

    It's Sue Herrera from Nightly Business Report at 9:49 :-) I love her and Bill and NBR :-)

  • @ohcrapitsmrG
    @ohcrapitsmrG 5 ปีที่แล้ว +10

    GS isnt like silicon valley. GS knows how to interept the law funny and has people in power to give them a break. More like legal gangsters.

    • @brandonsimpson90
      @brandonsimpson90 5 ปีที่แล้ว +1

      when you have that many people working towards one goal yeah you would obviously get the results they have.

  • @kassim6154
    @kassim6154 5 ปีที่แล้ว +6

    Can you guys do one on BlackRock?

  • @olivejess8957
    @olivejess8957 3 ปีที่แล้ว +30

    I pounder on how my retirement will be and don’t actually know what’s best to go into right now that will be very profitable for me from the comfort of my home

    • @christopherjackson4118
      @christopherjackson4118 3 ปีที่แล้ว +1

      I will advice you go into forex investment that’s the only secured investment I can advice anyone to go into right now speaking from my past experience

    • @leocadiusbozena7813
      @leocadiusbozena7813 3 ปีที่แล้ว

      With the help of Mr Carlton Jefferson I now earn $18000 profit on a weekly his trading strategy is the best I can ever go with

    • @jamieseek7651
      @jamieseek7651 3 ปีที่แล้ว

      Carlton is the best to go with when it comes to investment he help in recovering my lost funds and now I earn so well

    • @dynelwinsome7324
      @dynelwinsome7324 3 ปีที่แล้ว

      I know Carlton as well I won’t say much but I know him to be the best so I just keep enjoying my profit

    • @olivejess8957
      @olivejess8957 3 ปีที่แล้ว

      This man must be as good as they say everything in life deserves a try ,is there a possible to get in contact with ?

  • @rebekahwhite2939
    @rebekahwhite2939 3 ปีที่แล้ว +1

    "To forget would be not only dangerous but offensive; to forget the dead would be akin to killing them a second time." -Elie Wiesel
    Yom HaShoah begins at sundown tonight. Please join me in pausing and remembering the six million Jewish lives lost during the Holocaust. Let us honor their memory and keep them in our hearts.
    #NeverForget #NeverAgain
    Some of my Dad Fred White's family members died in the Holocaust in Europe
    When I know about what my Dad Fred White has lived through in the 1920s and 1930s and 1940s and 1950s and 1960s it gives me a different perspective and I realize how much easier my life is compared to what my Dad Fred White lived through

  • @whcapital2042
    @whcapital2042 5 ปีที่แล้ว

    How do you buy notes payable and sell it? I only heard of factoring receivables but notes payables as well??

  • @chrisgitonga4850
    @chrisgitonga4850 5 ปีที่แล้ว +10

    The CEO is a part time Dj🤣

  • @susannnico
    @susannnico ปีที่แล้ว +232

    Venturing into the trading world without the help of a professional trader and expecting profits is like turning water into wine, you would need a miracle, that's why i trade with *ROCHELLE DUNGCA-SCHREIBER* , her skills set is exceptional.

    • @lailaalfaddil7389
      @lailaalfaddil7389 ปีที่แล้ว

      Amazing to see others who trade with *ROCHELLE DUNGCA-SCHREIBER* , I'm currently on my 5th trade with her and my portfolio has grown tremendously.

  • @Shimeih
    @Shimeih 3 ปีที่แล้ว +3

    Their CEO is a part time Dj😂🙌🏽. Now that’s impressive. I want to drink a beer with this guy.

  • @tinniefresheats888
    @tinniefresheats888 5 ปีที่แล้ว

    Great way to do a story about Goldman Sachs by CNBC.

  • @DeedoDoop
    @DeedoDoop 3 ปีที่แล้ว

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

  • @kennedytorerit3690
    @kennedytorerit3690 5 ปีที่แล้ว +12

    The CNBC logo is like Huawei logo.

  • @Leonardo-jj5co
    @Leonardo-jj5co 4 ปีที่แล้ว +3

    1:15 this dude just called me cheeseburger and im not offended

  • @MrSibilings
    @MrSibilings 5 ปีที่แล้ว +6

    "They were making business with Millionaires, Billionaires and now they want to do business with you - The consumers" OOPS

    • @MrSibilings
      @MrSibilings 4 ปีที่แล้ว

      @@marydavis841 Whats GS? And what is the issue with pushing the need for face masks?

  • @zoecarlibur
    @zoecarlibur 5 ปีที่แล้ว

    CNBC is doing really great. I'm loving it.

  • @mo7650
    @mo7650 4 ปีที่แล้ว +1

    The best at getting insider information

  • @stevewill3572
    @stevewill3572 4 ปีที่แล้ว +10

    It is sickening the fact these criminals just walk into the White House. It will come to an end one day soon.

  • @philipkempbell7174
    @philipkempbell7174 5 ปีที่แล้ว +7

    Goldman Sachs provided the the thirty pieces of silver.

  • @stefanluginger3682
    @stefanluginger3682 5 ปีที่แล้ว +4

    They are from Bavaria? That’s what I guessed with that names. Goldmann und Sachs. 🤔 Incredible there were two wars between the countries.

  • @siyaadomar662
    @siyaadomar662 3 ปีที่แล้ว

    I would like to know what kinda of a relationship does gold man Sachs and the federal reserve's bank?

  • @michalk7777
    @michalk7777 5 ปีที่แล้ว

    Risk of losing capital is one thing but recording this video while facetiming with 9% of a battery 7:41. Maaan this guy is another beast

  • @Keepedia99
    @Keepedia99 5 ปีที่แล้ว +10

    why is there 50 shades of blue in your graph 21:07 it's annoying

    • @kolaignad6495
      @kolaignad6495 5 ปีที่แล้ว +2

      Ikr, im more of a 50 shades of grey kind of guy myself.

    • @aperson2730
      @aperson2730 5 ปีที่แล้ว

      They're trying to show you how GS compares to other banks. The colour of the line corresponds to the colours of the banks named at the top.

    • @Keepedia99
      @Keepedia99 5 ปีที่แล้ว +1

      @@aperson2730 aah that makes sense

  • @LaytonKnightt
    @LaytonKnightt 3 ปีที่แล้ว +21

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

    • @mau345
      @mau345 3 ปีที่แล้ว

      Amd a perfect example that given time, a hero becomes a villain

  • @cinderellabridez
    @cinderellabridez 4 ปีที่แล้ว +5

    This video is so inspiring!

  • @Jazz-gb9lp
    @Jazz-gb9lp 4 ปีที่แล้ว +1

    How is PNC viewed on Wall Street?

  • @25goose
    @25goose 5 ปีที่แล้ว

    CNBC the best👍

  • @lynxminx4
    @lynxminx4 5 ปีที่แล้ว +34

    A scapegoat that did everything they've been accused of.

  • @galliancost2310
    @galliancost2310 3 ปีที่แล้ว +3

    Investment is the stepping stones for success. Waiting for the government to provide is total waste..

    • @leviteduff1959
      @leviteduff1959 3 ปีที่แล้ว +2

      Miss Anna is legit and her method works like magic I keep on earning every single week with her new strategy..

    • @anitauhunamure4557
      @anitauhunamure4557 3 ปีที่แล้ว +2

      Miss Anna have been handling my account for years now..

  • @geoemm
    @geoemm 5 ปีที่แล้ว +48

    Reinstate Glass-Steagall..

    • @spanaker
      @spanaker 5 ปีที่แล้ว +1

      Its a nice dream

    • @KingEbolt
      @KingEbolt 5 ปีที่แล้ว +3

      @@actualfactual8737 how do you feel about blacks?

    • @Ggv19128
      @Ggv19128 5 ปีที่แล้ว +3

      @@actualfactual8737 you should probably get off the right wing assembly line of thought

    • @actualfactual8737
      @actualfactual8737 5 ปีที่แล้ว

      @@Ggv19128 Why. Just because i dont like the muslim takeover either. Lol

    • @lolcatjunior
      @lolcatjunior 5 ปีที่แล้ว +3

      @@actualfactual8737 It wasn't Jews who destroyed Rome, it was Christians.

  • @nonamernobrainer846
    @nonamernobrainer846 4 ปีที่แล้ว

    5:17 How can you place a call of such importance with only 15% battery?