Goldman Sachs employee tells BBC .. the company doesn't give a shit

[Ichingcarpenter]

about anything except making money for their shareholders, that includes not giving a shit about the planet, the environment, the US, the Euro, nada

At least he is honest.

Now put this into context with Hillary's speaking big bucks she got from these assholes,

[merrily]

1. To be completely honest,

I never thought Goldman Sachs had my best interests in mind.

The legal duty of a board of directors of a corporation is to maximize returns to stockholders.

Now, courts have said that a corporation may do charitable things in order to get goodwill to maximize profits. But maximizing profits is the goal of everything they do. Well, that and maximizing their own compensation and perqs.

[corkhead]

2. Come on, she EARNED it. In spite of what they say, talk is NOT cheap.

[enough]

3. The only odd thing about this is why anyone thinks Goldman Sachs would ever "care" about anything

making money for their shareholders? GS isn't a mind or a heart. GS is an institution created and functioning for that purpose and no other.

[tom_kelly]

4. He said savings will be gone - talking about "bail-in" n/t

[cantbeserious]

5. Thank You For Sharing These Truths

eom

[WhoIsNumberNone]

6. Speechless

Can we consider this a confession?

The only thing he leaves out is the part where Goldman Sachs is working to bring the crash about.

[downeastdaniel]

10. Exactly what I was just thinking...they are busy conspiring pull out the key block...

[Enthusiast]

20. I was thinking the same thing too. They successfully staved off meaningful reregulation

as in a new Glass Steagal. This time there will be actual pitchforks.

[valerief]

14. Has it been a secret? nt

[MrMickeysMom]

24. Nah.... Simon Dixon talks about Whiny Ragequitting with Max and Stacy here...

The liquidity and financial crisis continues ... They just rescue financial bankers.

These 42 big banks continue to scoop out the costs for the financial bankers as they continue to fuck all of us with the usual with financial fraud-

[zeemike]

7. A culture of narcissism and greed.

That is what we have created on Wall Street.
And they are not at all ashamed of it but brag about it because being that way is held in high esteem.

[DhhD]

13. Keep in mind the Revolving door from Wall Street to Obama Administration and back.

Makes me think of the revolving door on third way, to progressive promises, then back to third way after the primary nomination to open the door for Wall Street again.

Those of progressive democracy have learned what happens when the Weathervane points Left; the wind is blowing hard from the Right.

Adding a long list of GS moneymen.
http://www.whiteoutpress.com/articles/q42012/list-of-goldman-sachs-employees-in-the-white-house/

[R. Daneel Olivaw]

8. Will America tell them they also don't give a shit

when it decides to hang the lot after they crash the economy again?

[smiley]

9. money doesn't vanish...

it only changes hands.

[Hoppy]

11. "The governments don't rule the world. Goldman Sachs rules the world."

--- and where does Hillary stand in all of this?

[Ichingcarpenter]

12. Goldman Sachs rules the world and the BBC

interviewer was speechless

This is what we are dealing with
Goldman Sachs in Greece raped that government.

[Dustlawyer]

15. After the crash in 2008 and the Gulf oil spill brought to us by BP, Wall Street hedge funds

went on a buying spree with their bailout money, snapping up hotels, marinas, and high end properties at fire sale prices. Now they are buying up the BP claims for pennies on the dollar from victims who have given up getting paid after 6 years of corrupt litigation. There is a reason why Wall Street is America's biggest landlord now. They were the cause of the crash, but had the money to take advantage of the problems they caused to make a killing!

This guy is so used to doing this, knows they are untouchable, that he can say this crap without shame, oblivious to the irony of the situation. We have seen how far cops will go, secure in the knowledge that they won't be prosecuted for murdering unarmed black men. Guys like this are secure that they will not be prosecuted for their scams, they are above the law. That's is why he can say that Goldman Sachs rules the world, because they OWN THE POLITICIANS!!!

[Enthusiast]

21. Huge +1!

[sulphurdunn]

16. This interview took place in 2011.

Of course, that doesn't suggest what this reptile said is not coming to pass. People like him are soulless predators. All that's behind that suit is an appetite. We have the right and the duty to defend ourselves from these creatures and their minions. That means taxing them, regulating them, neither electing them nor permitting them to be appointed to public office, and being as swift to put them in prison as we are other criminals. Regardless of how powerful Goldman Sacs is it's executives don't have police powers. If just one of the big dons goes down, and it becomes certain that others will follow, the arrogance and criminality will decline precipitously.

[Ichingcarpenter]

17. After 2011 Goldman Sachs got caught numerous times

breaking the law in the US and the world but
THEY DO OWN A POLICE FORCE,,..... the 'justice department.

You want a list of their crimes? Before or after that date?
I don't think you do if you have been paying attention

They are too big to jail and too big to fail
and say so.........OUT LOUD..on world TV ... that they are more powerful than governments and don't give a shit about you or your puny democratic government


We need to break them up and give them prison sentences

[99th_Monkey]

18. Holy Crap!! A bankster who actually tells the truth!! ..about his own greed & utter disregard for us

or anyone or anything but the almighty dollar.

And we are supposed to what? Fuck off and die. That's what.

WOW. This needs to go viral. Great find ItchingCarpenter. A real eye opener

No wonder Hillary laughed so hard, when Lee Fang of Intercept asked her if she
would release the transcripts of her speeches to Goldman Sachs..

[gregcrawford]

19. It's long past time...

... to rewrite the laws of corporate governance, and leave Goldman Sachs the goddamned fuck OUT of the discussions. The world is in this trouble in the first place because sociopaths like this maggot were allowed to write the laws governing themselves. That shit has to end. Now.

You can damn sure betcha this oily sonofabitch wouldn't be so candid on American TV. These people are the scum of the Earth.

[Enthusiast]

22. Maggot is an appropriate term in this instance.

[Spitfire of ATJ]

23. "Government doesn't rule the world. Goldman Sachs rules the world."

But we can't break them up.

That would be bad.