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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (20133)	10/13/2017 2:22:10 PM
From: John Pitera	1 Recommendation Recommended By Kahlua Respond to of 33421

Goldman Sachs the Firm at Ground Zero and the principal wizard behind most of the wealth created when the CDS / CDO / CLO market collapsed in the GFC of 2007-2009. The wealth was made by the old line investment bankers , the hedge fund operator John Paulson, who turned 1 Billion into 16 Billion by purchasing his own handpicked series of MBS tranchces that were the weakest and he had Goldman Bundle them together for him so he could short them and make several thousand % off the GFC that the Global taxpayers had to pay off. Banks Too Big: Goldman Sachs Criminals, Hillary Clinton vs. Bernie Sanders Llyod Blankfein CEO of Goldman being interview by Sen. Carl Levin Chairman of the governmental affairs subcommmitte on investigations. Goldman sells CDO's that they know are junk and then short the product they have sold. ------------------------------------ Elizabeth Warren Destroys Janet Yellen Over JPMorgan's "Living Will" Americans have learned a lot in recent years about how our largest financial institutions make their money. But few would have imagined that a million and a half tons of aluminum -- a quarter of the national supply at any given moment -- typically sits in a network of 27 Detroit warehouses owned by Goldman Sachs. And hardly anyone would have thought that manufacturers seeking to purchase that aluminum might wait 18 months or more for delivery, while warehouse owners like Goldman Sachs collect additional rent, paid for by consumers of aluminum products ranging from beer cans to home siding. youtube.com WASHINGTON - Concluding a two-year bipartisan investigation, Senator Carl Levin, D-Mich., and Senator Tom Coburn M.D., R-Okla., Chairman and Ranking Republican on the Senate Permanent Subcommittee on Investigations, today released a 635-page final report (PDF, 6MB) on their inquiry into key causes of the financial crisis. The report catalogs conflicts of interest, heedless risk-taking and failures of federal oversight that helped push the country into the deepest recession since the Great Depression. youtube.com -------------------------------- A meeting between Sen. Elizabeth Warren (D-Mass.) and Jamie Dimon deteriorated almost immediately after the JPMorgan Chase & Co. CEO visited the recently elected senator and consumer advocate at her Capitol Hill office in 2013... -------------------------- This last video you can advance to minute 10 to watch Peter Schneider , President of Primerica try to address as to why Primerica's salesmen would have clients getting out of defined benefit plans into something much riskier shortly before they retire ... so that Primerica can earn fees