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

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  • Опубліковано 20 вер 2024
  • 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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    #CNBC
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    How Goldman Sachs Became Wall Street's Most Powerful Investment Bank

КОМЕНТАРІ • 2,2 тис.

  • @CNBC
    @CNBC  5 років тому +423

    What do you think of Goldman Sachs' strategy?

    • @aschmoove2006
      @aschmoove2006 5 років тому +22

      Jellapper Lökkäs
      LOL😂😂😂😂

    • @trippynfun
      @trippynfun 5 років тому +15

      @@Flaakk lol

    • @genxchas
      @genxchas 5 років тому +9

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

    • @thanos2170
      @thanos2170 5 років тому +3

      Genius

    • @thanos2170
      @thanos2170 5 років тому +1

      Jellapper Lökkäs
      Salty that you are poor

  • @1qlues
    @1qlues 5 років тому +3073

    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 років тому +434

      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 років тому +191

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

    • @BigTone999
      @BigTone999 5 років тому +69

      Jesus Christ

    • @lozoft9
      @lozoft9 5 років тому +129

      @@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 років тому +56

      That's actually really smart

  • @Chenny0
    @Chenny0 5 років тому +3046

    👏 For CNBC for not having ads every 5 minutes

    • @panchitov12
      @panchitov12 5 років тому +9

      Chenny Andy whats an ad ?

    • @pshivvy4212
      @pshivvy4212 5 років тому +12

      @@panchitov12 That one thing, ya know?

    • @genxchas
      @genxchas 5 років тому +10

      They own the broadcast no need

    • @genxchas
      @genxchas 5 років тому +5

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

    • @OutSideTheBoxFormat
      @OutSideTheBoxFormat 5 років тому +4

      There's ads on UA-cam?

  • @jacksonroman1621
    @jacksonroman1621 Рік тому +278

    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?

  • @harrisonmichael5047
    @harrisonmichael5047 Рік тому +564

    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 Рік тому

      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 Рік тому

      @@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 Рік тому

      @@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 Рік тому

      @@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 Рік тому

      @@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.

  • @gTr4yr4y
    @gTr4yr4y 5 років тому +2449

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

    • @theroyalcrane
      @theroyalcrane 5 років тому +37

      Haha! The Ted Cruz school of food based analogies.

    • @user-hs2hd7wp9g
      @user-hs2hd7wp9g 5 років тому +19

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

    • @bloom6921
      @bloom6921 5 років тому +3

      @@simonwilson7581 lol:)

    • @sammagid8030
      @sammagid8030 5 років тому +9

      Can i put mayo on cheeseburger?

    • @theroyalcrane
      @theroyalcrane 5 років тому +3

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

  • @kimyoung8414
    @kimyoung8414 Рік тому +817

    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 Рік тому +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 Рік тому +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 Рік тому +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 Рік тому +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 Рік тому +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.

  • @DelusionalLogic
    @DelusionalLogic 4 роки тому +736

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

    • @siramrit
      @siramrit 3 роки тому +2

      lol

    • @johnnym9498
      @johnnym9498 3 роки тому

      You sound like you’re front the left

    • @loangxuong9863
      @loangxuong9863 3 роки тому +1

      wow

    • @conductingintomfoolery9163
      @conductingintomfoolery9163 3 роки тому +12

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

    • @lcmiracle
      @lcmiracle 3 роки тому

      @@jasperbudiono295 Incredibly stupid and untrue

  • @reheyesd8666
    @reheyesd8666 4 роки тому +291

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

    • @guruspubichair
      @guruspubichair 3 роки тому +8

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

    • @seandmello3793
      @seandmello3793 3 роки тому +2

      @@guruspubichairvery original!

    • @cc23001
      @cc23001 3 роки тому +1

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

    • @aumkarranjanbehura5332
      @aumkarranjanbehura5332 3 роки тому

      @@cc23001 Wuma

    • @tomlxyz
      @tomlxyz 3 роки тому +1

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

  • @susannnico
    @susannnico Рік тому +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 Рік тому

      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.

  • @kyb3709
    @kyb3709 5 років тому +1563

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

    • @thagoatallen
      @thagoatallen 5 років тому +14

      True CNBC doing good things

    • @skippingrhyme4386
      @skippingrhyme4386 5 років тому +11

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

    • @Stoneface_
      @Stoneface_ 5 років тому +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 4 роки тому +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 роки тому +8

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

  • @williamsmith9921
    @williamsmith9921 5 років тому +1033

    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 років тому +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 років тому +28

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

    • @jen_nice2059
      @jen_nice2059 5 років тому +16

      Make pattern baldness makes you more mature and smart

    • @552mustang
      @552mustang 5 років тому +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 років тому +15

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

  • @amazoidal
    @amazoidal 5 років тому +1271

    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 років тому +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 років тому +1

      Lmaoooo

    • @lnhart7157
      @lnhart7157 5 років тому +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 років тому +13

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

    • @traplover6357
      @traplover6357 5 років тому +21

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

  • @codelunatic
    @codelunatic 4 роки тому +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 2 роки тому +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 роки тому +3

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

    • @NOName-nn3jv
      @NOName-nn3jv 2 роки тому +1

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

    • @onee
      @onee 2 роки тому +2

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

    • @zxylo786
      @zxylo786 Рік тому

      ​@@oneeWho cares about Greece

  • @n3gi_
    @n3gi_ 5 років тому +172

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

    • @DanielPronych
      @DanielPronych 4 роки тому +6

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

    • @IhaveBigFeet
      @IhaveBigFeet 3 роки тому +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

  • @videodude2010
    @videodude2010 5 років тому +695

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

    • @annaromulus
      @annaromulus 5 років тому +2

      which are your favorites? Suggest please

    • @Stoneface_
      @Stoneface_ 5 років тому +3

      Bethlem RomulusDaas Amazon paid zero federal tax

  • @MCorpReview
    @MCorpReview 5 років тому +516

    Love the part about making money from a fine. Classic

  • @markteague8889
    @markteague8889 5 років тому +136

    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 років тому +2

      Do I really have to kiss my chickens? :(

    • @jameskresl
      @jameskresl 4 роки тому +7

      Or just keep your balance under $250k.

    • @RK831
      @RK831 4 роки тому +3

      That was what Glass-Steagall was for.

    • @angiesworld8038
      @angiesworld8038 3 роки тому

      I wish they were responsible for my bank deposits.

  • @olivejess8957
    @olivejess8957 3 роки тому +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 роки тому +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 роки тому

      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 роки тому

      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 роки тому

      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 роки тому

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

  • @EternalEchoflame
    @EternalEchoflame 5 років тому +96

    Loving these CNBC documentaries.

    • @Shlomoadamov
      @Shlomoadamov 4 роки тому

      Where can I find more like this one?

  • @belowaverageluke1369
    @belowaverageluke1369 5 років тому +224

    Legend has it that Goldman sachs is still alive today.

    • @_ABDUL-RAHIM.
      @_ABDUL-RAHIM. 5 років тому +1

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

    • @skippingrhyme4386
      @skippingrhyme4386 5 років тому +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 роки тому +1

      Goldman Sachs isn't a person...

    • @christiangallagher8856
      @christiangallagher8856 3 роки тому

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

    • @ClxTablet-pv5hi
      @ClxTablet-pv5hi Рік тому

      I sure hope he's with devil trying to steel

  • @hipolitoreyes5579
    @hipolitoreyes5579 5 років тому +121

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

    • @hlboerr
      @hlboerr 5 років тому +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 4 роки тому +6

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

    • @hakshustletv
      @hakshustletv 4 роки тому +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 роки тому

      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 3 роки тому

      Greed, Greed

  • @TheRealHarsjan
    @TheRealHarsjan 5 років тому +270

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

    • @tantiwahopak101
      @tantiwahopak101 5 років тому +6

      That's racist!

    • @aadhithanu9070
      @aadhithanu9070 5 років тому +28

      That's Hairist

    • @lencymuna465
      @lencymuna465 5 років тому +5

      @@aadhithanu9070 lol

    • @roryboytube
      @roryboytube 4 роки тому +1

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

    • @최현웅-q3w
      @최현웅-q3w 3 роки тому

      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💚
      ua-cam.com/video/g5idjxf4jHI/v-deo.html
      #GOT7 #갓세븐 @GOT7Official
      #IGOT7 #아가새
      #GOT7_BreathofLove_LastPiece
      #GOT7_Breath
      #GOT7_LASTPIECE

  • @RESPINOZA94
    @RESPINOZA94 5 років тому +37

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

    • @qstunrr
      @qstunrr 5 років тому +10

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

    • @nicksullivan4203
      @nicksullivan4203 4 роки тому +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.

  • @alexknox1596
    @alexknox1596 3 роки тому +8

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

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    @andresLK 3 роки тому +12

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      @andresLK 3 роки тому

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      @andresLK 3 роки тому

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  • @akj3344
    @akj3344 4 роки тому +14

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

  • @eckmann88
    @eckmann88 5 років тому +11

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

  • @gregorychristine9972
    @gregorychristine9972 3 роки тому +46

    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.

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      @russellnuhkaser7164 3 роки тому

      Truth, it is really profitable as an investment.

    • @elijahisabella6781
      @elijahisabella6781 3 роки тому +1

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

    • @luciabvxharder4669
      @luciabvxharder4669 3 роки тому

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

    • @justinpamela7184
      @justinpamela7184 3 роки тому +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 роки тому

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

  • @Tom-np7ct
    @Tom-np7ct 4 роки тому +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 роки тому +1

      en.m.wikipedia.org/wiki/CNBC

    • @leem.5917
      @leem.5917 2 роки тому +1

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

  • @KonkelVonk
    @KonkelVonk 5 років тому +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.

  • @tinniefresheats888
    @tinniefresheats888 4 роки тому +14

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

    • @leoramirez3146
      @leoramirez3146 4 роки тому +7

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

  • @JK-gu3tl
    @JK-gu3tl 4 роки тому +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 роки тому

      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...👀🤑

  • @thecapone45
    @thecapone45 4 роки тому +16

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

  • @AZOffRoadster
    @AZOffRoadster 5 років тому +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.

  • @aviralsingh002
    @aviralsingh002 3 роки тому +6

    The background music is killing it, just like Goldman!

  • @Keyboardscholar
    @Keyboardscholar 5 років тому +30

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

  • @freddymorgan4582
    @freddymorgan4582 3 роки тому +33

    I'ld rather make thousands of dollars per week investing in the forex market. It changed my life 😁

    • @josephbentley7553
      @josephbentley7553 3 роки тому

      How do I invest too please?

    • @liamjones8758
      @liamjones8758 3 роки тому

      Wow can I achieve that too?

    • @maryrowland1113
      @maryrowland1113 3 роки тому

      @@josephbentley7553 Get a Portfolio manager buddy. It's very profitable that way.

    • @pedroneto6125
      @pedroneto6125 3 роки тому

      @@maryrowland1113 Hell yh!! I make a lot of money that way.

    • @charliehill9067
      @charliehill9067 3 роки тому

      @@pedroneto6125Teach me Pedro, I'm a fast learner lol

  • @Motiontalktv
    @Motiontalktv 5 років тому +140

    PhDs we locked in a cage somewhere 😂

    • @KevinJohnson-cv2no
      @KevinJohnson-cv2no 5 років тому +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"

  • @amanapart.
    @amanapart. 5 років тому +16

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

  • @user-ir4pj9pn2c
    @user-ir4pj9pn2c 3 роки тому +16

    This has been the greatest thing that has ever happen, thanks For your testimonies it has helped a lot

    • @user-ir4pj9pn2c
      @user-ir4pj9pn2c 3 роки тому

      Our last trade was amazing

    • @gideonmoses9706
      @gideonmoses9706 3 роки тому

      Hello,I'm new to forex and I have been making huge loses but recently I see a lot of people earning from it,can someone please tell me what I'm doing wrong

    • @jacksonmoses2379
      @jacksonmoses2379 3 роки тому

      Hello,I'm new to forex and I have been making huge loses but recently I see a lot of people earning from it,can someone please tell me what I'm doing wrong

    • @gideonmoses9706
      @gideonmoses9706 3 роки тому

      How can I get started earning from bitcoin

    • @francesallthom1933
      @francesallthom1933 3 роки тому

      I don’t think it’s easy to get a legit manager at this time

  • @geocyo8835
    @geocyo8835 5 років тому +20

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

    • @a7dfj8aerj
      @a7dfj8aerj 4 роки тому +1

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

  • @nmarkert01
    @nmarkert01 3 роки тому +3

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

  • @superqaxclub
    @superqaxclub 5 років тому +341

    And that's why Apple choose them for Apple Card

    • @johnmoore1495
      @johnmoore1495 5 років тому +63

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

    • @aleydrus8067
      @aleydrus8067 5 років тому +35

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

    • @johnmoore1495
      @johnmoore1495 5 років тому +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 4 роки тому +2

      John Moore Smart

    • @lefthanded5473
      @lefthanded5473 4 роки тому +12

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

  • @tongkatali7643
    @tongkatali7643 5 років тому +23

    From Investment Banking to Retail Banking. A true diversification

  • @user-mq3ts7lr9l
    @user-mq3ts7lr9l 5 років тому +128

    How trading division made money during the crisis? As the story goes from UA-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 років тому +13

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

    • @yugiohpokemon5285
      @yugiohpokemon5285 5 років тому +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 років тому +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 років тому +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 років тому +2

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

  • @davidhidalgo8465
    @davidhidalgo8465 4 роки тому +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)

  • @blahblah55237
    @blahblah55237 4 роки тому +4

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

  • @georgejaneiro4970
    @georgejaneiro4970 5 років тому +90

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

    • @kfcthanksgiving
      @kfcthanksgiving 5 років тому +5

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

    • @georgejaneiro4970
      @georgejaneiro4970 5 років тому +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 років тому +2

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

    • @georgejaneiro4970
      @georgejaneiro4970 5 років тому +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.

  • @chrisgitonga4850
    @chrisgitonga4850 4 роки тому +10

    The CEO is a part time Dj🤣

  • @umarlawal7695
    @umarlawal7695 3 роки тому +3

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

    • @faithmathew1821
      @faithmathew1821 3 роки тому +2

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

    • @maryamumar7835
      @maryamumar7835 3 роки тому +1

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

  • @rebekahwhite2939
    @rebekahwhite2939 2 роки тому +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

  • @mikerobertson6346
    @mikerobertson6346 3 роки тому +29

    *Friends I'm not telling you to resign from Your Job or abandon Your business, I'm telling you to create another source of income.....BE wise*

    • @jenniferlopezs9995
      @jenniferlopezs9995 3 роки тому

      Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today

    • @louisanderson2423
      @louisanderson2423 3 роки тому

      Most intelligent words I've heard.

    • @davidmiller2318
      @davidmiller2318 3 роки тому

      Crypto is the new gold

    • @derickmacall2541
      @derickmacall2541 3 роки тому

      I wanted to trade Crypto but got discouraged by the fluctuations in price

    • @christinedaniel5311
      @christinedaniel5311 3 роки тому

      @prosper That won't bother you if you trade with a professional like Mr Barry Silbert

  • @sejungsong
    @sejungsong 5 років тому +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 років тому +15

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

    • @sejungsong
      @sejungsong 5 років тому +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 років тому

      up with you!

    • @yuchenchen8012
      @yuchenchen8012 4 роки тому +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 роки тому

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

  • @DivineFrag
    @DivineFrag 5 років тому +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.

  • @rud
    @rud 5 років тому +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 роки тому

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

  • @slowmopoke
    @slowmopoke 5 років тому +2

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

  • @Mullet-ZubazPants
    @Mullet-ZubazPants 3 роки тому +6

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

  • @arashkborzoo
    @arashkborzoo 5 років тому +6

    I love these CNBC documentaries

  • @TheBOMMShow
    @TheBOMMShow 4 роки тому +3

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

  • @smallrossy
    @smallrossy 5 років тому +3

    Mike Mayo talking about cheese burgers, i love this

  • @gg3675
    @gg3675 4 роки тому +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 роки тому +20

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

    • @realeffx
      @realeffx 4 роки тому +16

      Smart people want the power not the spotlight

    • @generalshepherd457
      @generalshepherd457 3 роки тому +7

      Trump is street smart. Biden is half demented.

    • @davidmitchell3997
      @davidmitchell3997 3 роки тому

      @Saggi Boawls 👏🏾👏🏾🙌🏾
      #BidenIsAFraud

    • @nxbis
      @nxbis 3 роки тому

      Uhh its really more like the opposite.

  • @stevecole9422
    @stevecole9422 5 років тому +16

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

  • @neves69
    @neves69 4 роки тому +3

    This was serious quality.

  • @auro1986
    @auro1986 5 років тому +16

    this is what happens when you complicate things to cheat people

  • @TheFinancialController
    @TheFinancialController 4 роки тому +8

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

  • @markconradomail4496
    @markconradomail4496 3 роки тому +4

    I feel a bit smarter now bout bankings. Thanks

  • @whatsapp4947
    @whatsapp4947 3 роки тому +19

    Why are most person being dodgy about how they made money in 2020? We all know what's been buzzing for months now, so why the dribbles.

    • @George-jd8qc
      @George-jd8qc 3 роки тому

      Trust me anyone watching this right now is in search for innovation that will change the way we work,and only the new age dream traders are willing to share and not dribble.

    • @alzard5858
      @alzard5858 3 роки тому

      Do you trade? Because some of these dream traders are like ghosts, really good but almost unreachable.

    • @George-jd8qc
      @George-jd8qc 3 роки тому

      @@alzard5858 of course, most of these experts are obviously running a decentralized system with new tech, they're only willing to talk to who is ready, I know a guy tho.

    • @George-jd8qc
      @George-jd8qc 3 роки тому

      "Consultant.eltonstephens1"(a)..(G)////ma:::il!!!. (c"(o)"m"....''!!!!)

    • @alacer8633
      @alacer8633 3 роки тому

      Meet some buddies some days ago saying"if you have your savings in Bitcoin your going to be in trouble when the central governments outlaw it....I guess I would be better suited in gold and US treasuries.

  • @RE2PECT
    @RE2PECT 5 років тому +26

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

    • @AdamSmith-gs2dv
      @AdamSmith-gs2dv 5 років тому +6

      What? Only 20% of the world uses iPhones

    • @RE2PECT
      @RE2PECT 5 років тому +2

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

    • @davidkarin3443
      @davidkarin3443 5 років тому +1

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

    • @davidkarin3443
      @davidkarin3443 5 років тому

      John Marsh my portfolio says otheriwse

    • @LOSTGAM3R
      @LOSTGAM3R 5 років тому +3

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

  • @kevind97
    @kevind97 5 років тому +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 UA-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 UA-cam videos. I can't wait to watch and learn more.

    • @hugonongbri8100
      @hugonongbri8100 5 років тому

      Bloomberg has been putting out great content check them out

    • @marcuswilliam8856
      @marcuswilliam8856 3 роки тому

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

  • @yovannaanthony8842
    @yovannaanthony8842 3 роки тому +19

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

    • @edmundcornelius7815
      @edmundcornelius7815 3 роки тому

      Most people claim forex trading is the most profitable investment online, but I dont really know how to go about this lol.

    • @aubreyminer7123
      @aubreyminer7123 3 роки тому

      I wanted to trade forex but got discouraged by the fluctuations in price!

    • @annagarlin7130
      @annagarlin7130 3 роки тому

      Get an account manager for a start. You can make a lot of money while trying to master the skillset. The best way to go in my opinion.

    • @georgebixby8800
      @georgebixby8800 3 роки тому

      Hi Yovanna, who do you trade with please? I want to make a lot of money from trading.

    • @josephbentley7553
      @josephbentley7553 3 роки тому

      @@georgebixby8800 Same here lol. Who wouldn't?

  • @leefarrier9728
    @leefarrier9728 3 роки тому +1

    Banks take your money and reinvest it they don’t just have the money sitting there 😂😂😂😂

  • @Leonardo-jj5co
    @Leonardo-jj5co 4 роки тому +3

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

  • @fairysox221
    @fairysox221 5 років тому +6

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

  • @MrSibilings
    @MrSibilings 5 років тому +6

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

    • @MrSibilings
      @MrSibilings 4 роки тому

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

  • @stefanluginger3682
    @stefanluginger3682 4 роки тому +4

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

  • @ThePiinkcoco
    @ThePiinkcoco 5 років тому +10

    I like caviar on my cheeseburger though

  • @Shimeih
    @Shimeih 3 роки тому +3

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

  • @Augustus98
    @Augustus98 5 років тому +221

    Now do a video on JP Morgan chase

    • @XCoreSol
      @XCoreSol 5 років тому +36

      ua-cam.com/video/6Rb2TsOm3Kw/v-deo.html They did that already

    • @jorgehdz2030
      @jorgehdz2030 5 років тому +10

      Also a video of blackrock

    • @yugiohpokemon5285
      @yugiohpokemon5285 5 років тому +2

      Aakash Bose J.P. Morgan is a good bank

    • @RONNYfromOZ
      @RONNYfromOZ 5 років тому +9

      @@yugiohpokemon5285 no such thing as a good bank

    • @yugiohpokemon5285
      @yugiohpokemon5285 5 років тому

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

  • @denizgaye5445
    @denizgaye5445 5 років тому +35

    I rather leave it to the professional portfolio managers. Mine (Lucas Anders) is doing a great doing job, making around $5k ROI twice a month for a 30% commission.

    • @denizgaye5445
      @denizgaye5445 5 років тому +15

      +14848419310 that is his WhatsApp number for those who need help on their stocks or forex investments.

    • @najeebammarharb853
      @najeebammarharb853 5 років тому +6

      Nicely said sir. Accurate market analysis serves better than any other skill in the present-day trader.

    • @jasonking2780
      @jasonking2780 5 років тому +11

      I happen to know Mr Anders. Top notch investor. I expect no less from him.

    • @naomirodgers2348
      @naomirodgers2348 5 років тому +5

      I find day trading and penny stock quite lucrative once you get the hang of it.

    • @carz3774
      @carz3774 5 років тому +4

      @@jasonking2780 This is so great for you guys I'm looking to join a trading community once I'm done saving up the funds.

  • @georgelamba5185
    @georgelamba5185 3 роки тому +16

    Nice video I so much love it...... most people remain poor only because friends and relatives discouraged and advised them against investing and trading forex while the wise ones kept investing and going higher financially

    • @georgelamba5185
      @georgelamba5185 3 роки тому

      Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..

    • @nicholassmith6927
      @nicholassmith6927 3 роки тому

      You are right sir...

    • @nicholassmith6927
      @nicholassmith6927 3 роки тому

      Most times having knowledge or insight a particular activity can as well be a best exercise.I can boldly say that forex is one of the profitable money exchange services that elevates investors and their financial status

    • @patriciajudy6543
      @patriciajudy6543 3 роки тому

      that's true,most people today have been having alot of failures in forex sector because of poor orientalists and bad experts

    • @briannaadams9297
      @briannaadams9297 3 роки тому

      Yes i am a living testimony of Mr Scott Richard trading services

  • @GK2o
    @GK2o 3 роки тому +1

    Goldman Sachs: we’re rich!
    also Goldman Sachs: i have my eye on you!

  • @ohcrapitsmrG
    @ohcrapitsmrG 5 років тому +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 років тому +1

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

  • @austinhorton6350
    @austinhorton6350 5 років тому +12

    7:42 Might want to charge your phone

  • @kennedytorerit3690
    @kennedytorerit3690 5 років тому +12

    The CNBC logo is like Huawei logo.

  • @rtgoxlv3003
    @rtgoxlv3003 5 років тому +4

    From caviar to cheese burgers... so we normal people are like cheap burgers and the rich are like caviar, what an interesting analogy

  • @Rade34
    @Rade34 3 роки тому +2

    I loved the intro
    And
    This is not my first time

  • @Satoshi-st
    @Satoshi-st 3 роки тому +22

    It is estimated that over 40,000 to 300,000 people have made a massive one million dollars on Forex pending on the type of broker involved.For every investment to yield earnings a professional broker should be involved.Mrs Bonita Mollet is a professional broker who manages,handles and gives guidance on investments to get good profits

    • @harveysmith2809
      @harveysmith2809 3 роки тому

      Wow its suprising to come across someone acquainted to Mrs Bonita Mollet,she has really changed my life.Thanks to my brother who referred me to her

    • @roselydprice3575
      @roselydprice3575 3 роки тому

      Please can you tell me more about Forex trading,i want to start trading

    • @alicemollet7181
      @alicemollet7181 3 роки тому

      I'm a beginner here and i need to start up with a professional trader.Please how do i get to this Mrs Bonita

    • @erichummer4525
      @erichummer4525 3 роки тому

      As a Forex trader,It's almost inevitable that you're going to experience some ups and downs along the way.Alertness and decisiveness are both fundamental ingredients in the recipe for a sucessful Forex trader

    • @jessicafrenchellen2339
      @jessicafrenchellen2339 3 роки тому

      Yes thats true,You can only appreciate a person who tries to teach everyone how to invest and make profit on multiple ways

  • @kassim6154
    @kassim6154 5 років тому +6

    Can you guys do one on BlackRock?

  • @samuelmitchell5937
    @samuelmitchell5937 5 років тому +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 років тому

      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 років тому

      @@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 2 роки тому

      @@samuelmitchell5937 they would get puppets, sth never changes

  • @Pmz604
    @Pmz604 5 років тому +4

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

  • @MsJapanino
    @MsJapanino 2 роки тому

    “ Goldman Sachs was served the most important people in the world… And now it’s serving you” Gee, thanks.

  • @attilavidacs24
    @attilavidacs24 3 роки тому +1

    Should be titled "The Bailout of Goldman Sucks" by $10 billion tax payer money.

  • @philipkempbell7174
    @philipkempbell7174 5 років тому +7

    Goldman Sachs provided the the thirty pieces of silver.

  • @kingraghavsahni
    @kingraghavsahni 5 років тому +3

    they are the smartest guys in the room. don’t play with 🔥

  • @TheGbelcher
    @TheGbelcher 4 роки тому +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.

  • @TommyCarstensen
    @TommyCarstensen 4 роки тому +1

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

  • @debaterofeverythingpresent2775
    @debaterofeverythingpresent2775 5 років тому +7

    3:52 Joined as an assistant janitor. That promotional ladder though.

  • @jessicamegan5850
    @jessicamegan5850 3 роки тому +30

    I’ve been able to adapt to a new quality portfolio system that works perfectly for me. So much has happened these past months on stock crash and has affected my tradings both ways. I know lots of people paid attention and eventually earned from home. Trading any market asset with the proper guidance is certainly advantageous to anyone seeking consistent profit.

    • @lukehaswell3075
      @lukehaswell3075 3 роки тому +2

      Definitely I agree with you Jessica, it has been a challenging year for everyone, I believe most people has recently developed more interest in trading because during the lockdown period everyone had to stay home, many people experienced financial crisis and didn’t have any alternative income streams to fall back on.

    • @wilsonaaron3930
      @wilsonaaron3930 3 роки тому +1

      Wish it was that easy but everyone has learned to survive the outcome. Everyday I remain grateful to God for the gift of life

    • @hannahcholerton1253
      @hannahcholerton1253 3 роки тому

      I need this Jessica, I can’t imagine myself going through the struggles of COVID-19. How can I do this with your help?

    • @jessicamegan5850
      @jessicamegan5850 3 роки тому +3

      @@hannahcholerton1253 In such times as this, you’ve got to make sure you consider having a diverse investment strategy. Your portfolio should have exposure to different areas of the market, including small or large-caps of ETF index, international stocks, grade bonds and alternatives like currency market (forex & digital-ledger) as this will help manage the overall risk on your portfolio

    • @mondimlotshwa3958
      @mondimlotshwa3958 3 роки тому

      Yeah sounds good. I hope this gives me an edge to set up myself in a good financial spot

  • @stevewill3572
    @stevewill3572 4 роки тому +10

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