100 comments on “Why Goldman Sachs Went From Investing For The Rich To Targeting Everyone”

  1. CNBC says:

    What do you think of Goldman Sachs' strategy?

  2. TheRealHarsjan says:

    Criteria for CEO of Goldman Sachs:

    Don't have hair on your head.

  3. Nazik Adam says:

    I hate all banks. Sharks.

  4. Youtube Youtube says:

    wHY DONT tou give that 7.5 B to the victims ……..Goldy Lochs

  5. munib1000 says:

    10:20 that's what winning the lottery like

  6. Steve Levario says:

    Banker crooks

  7. hjjh says:

    how is the iphone on 1% during that whole facetime call

  8. Mike B says:

    I wish I could BLOCK CNN, MSNPC, CNBC…

  9. Wei Heng Ng says:

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

  10. Raj K says:

    1MDB KING = MR.NAJIB

  11. AWSUM Ai - Info Stores says:

    i need to work for these guys. great piece

  12. Liudvikas Žiliukas says:

    5:34 iphone 15% at 2:44pm. Firstworldproblems

  13. MoreThanFamous MTF says:

    "Goldman Sachs they wanna hold my racks"

  14. Abdou Michael says:

    people should wake up and know what Goldman Sachs is, who runs it and who they "invest" in and how they cook the books

  15. Dave Otuwa says:

    0:36 This Korean descendant reporter's last name is a real word.

  16. Dave Otuwa says:

    18:47 a bank where ladies consult for financial concepts

  17. Sean S. Lally says:

    This seems like an ad. CNBC, is this an ad?

  18. Mark Teague says:

    Ya' know! Gould and Fisk bilked Vanderbilt out of an insane amount of money (not that Vanderbilt was any saint) by watering the Eerie RR Co''s stock. That is now illegal. It sure sounds to me like banks are making money today in ways that we should declare illegal with laws that have some teeth to bite deeply into the @#$3s of anyone who would violate them. Just as a for instance, it should be forbidden for an officer of a bank to serve in public office for a period of 15 – 20 years after leaving their post at a financial institution.

  19. Mark Teague says:

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

  20. micha McV. says:

    their CEO is a ´´DJ´´ i need apple card … trololololol

  21. 69 Tours says:

    So essentially, Goldman Sachs is a jew company. Started by jews and headed by jews. In other words, if we can blame Goldman Sachs for the financial crisis, we are, in effect, blaming the jews.

  22. Seán Patrick Eckmann says:

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

  23. JSavic says:

    Why Goldman Sachs went from investing for the rich to targeting everyone ?

    Because they ran out of people to rob.

  24. JSavic says:

    02:50 “A lot of the Jewish firms weren’t allowed to do certain types of business”

    What did our forefathers know that we now don’t ?
    And why can’t we reinstate something similar today ?

  25. Felipe Trismegisto says:

    All i can see here is a documentary about how satanic pedo banksters got in control of USA..

  26. bonanzatime says:

    I think I want to be a partner too. Where do I sign up? .. Insider-Gambling with other people's money sounds a whole lot funner and more lucrative than working. .. All That with no personal pain or risk at others expense would be heaven on earth.👿

  27. bonanzatime says:

    "partner culture to a Bonus Culture"🤖😈👹

  28. Henry Ly says:

    any news site that disable comments is not real news. let the ppl talk.

  29. kerry A says:

    As soon as there is nothing dubious behind 😎It's time to support second class consumers brilliant concept well done 👍'' from caviar 2 cheeseburger 🤣🙏

  30. JOnTHeMOnSoon says:

    Goldman Sachs and the federal society are just terrorist organizations with a plan to extort the as much money from the treasury as possible through many different methods.

    These people praise these snakes, when they're the ones who corrupted our politics, illegally stole millions of peoples homes, crashed our economy, and then stole billions in the bail out.

    Capitalist crooks.

  31. ferm65 says:

    Please do another video on Citibank or Morgan Stanley.

  32. Friedrich Hayek says:

    Without taxpayer money in 2008 Goldman Sachs would have ceased to exist

  33. johnnyjrotten59 says:

    Freak 1:33

  34. Minh Duc Pham says:

    they made complicated investment products, sale to customers, charge a huge fee. This is how they are rich. Never let others handle your money

  35. boson96 says:

    Goldman's Sack

  36. Alex Daniel says:

    Thanks CNBC for your obviously non biased reporting. So what's the DOJ investigating? And the trouble with the Malaysian government? What? Goldmans hasn't changed its way of business at all and now it's trying to get predatory with the general public instead of just other businesses and governments? That sounds great!

  37. Threelly AI says:

    Eating a peanut butter and onion sandwich to calm the mind whilst watching this.
    https://chrome.google.com/webstore/detail/threelly-ai-for-youtube/dfohlnjmjiipcppekkbhbabjbnikkibo

  38. spunk v says:

    Nice episode CNBC

  39. MedTheRockstar says:

    Roy Smith was my Professor at NYU – he was a shroud business thinker!

  40. george asher says:

    The illusion of Goldman Sachs and banks

  41. Pavan Magesh says:

    But, they're all bald.

  42. Me Too says:

    "Golden Slacks"

  43. Mofriese says:

    The real reason to search for low income people: the big money is increasingly bundled into fewer and fewer people.

  44. Mai Truong says:

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

  45. Dena says:

    wait. It is not against the law for a financial institution to both advise a buy and short that same position?That's basic regulation. C'mon America

  46. NicoTNN says:

    stick with your credit union, I guess. I dunno.

  47. Michael Haas says:

    The Federal Reserve and Goldman Sachs should pay each and every individual in the united states a large lump sum of money. After all. they are making money off of money that's been created out of thin air and lending it to the middle class at ridiculous interest rates and all their Upper and Mid-Level managers are making 10's of millions in bonuses off of it. It all defies reason and I think it's insulting to call basic crooks " the smartest guys in the room".

  48. Austin Horton says:

    7:42 Might want to charge your phone

  49. Artistic Endeavors says:

    If they had invested in the potential of their fellow earth dwellers there would never have been concentration camps, gulags, pogroms or kulaks.

    Let that sink in.

  50. Angie Natoyn says:

    So they want from screwing rich people to screwing everyone.

  51. Martin E.C says:

    The real criminal

  52. Jason Day says:

    aaaand it's gone.

  53. IIAlbertII says:

    Give a man a gun he can rob a bank, give a man a bank he can rob the world

  54. Ian Young says:

    Okay I hate to be "that guy" but could y'all maybe shoot the Roy Smith segments with a bigger phone maybe even a nearly bezel-less phone!?

  55. Think Triple says:

    evil

  56. mgtazco says:

    You are the cheese burger mother efer. Take that for politically correct channel.

  57. Rex Stout says:

    Poor old GS.

    Innocent victims of wrong thinking from a peasant led witch hunt.

    Thanks to CNBC we now know the real true facts rather than the fake facts.

  58. john panos says:

    planet ponzi……………what could go wrong?

  59. Lorenze Ibañez says:

    Goldman sachs: where Bald men f you up?

  60. Steve Cole says:

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

  61. slowmopoke says:

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

  62. slowmopoke says:

    Samuel Sachs was born on July 28, 1851 in Maryland, the son of Sophie (née Baer) and Joseph Sachs, both Jewish

  63. EPIC STACK says:

    See here’s the thing is I would never wanna work for Goldman Sachs yet I trust them with investing

  64. * 9/11 DANCING ISRAEL'S* says:

    Puff piece !!! Government Sachs !!! Prosecute greed

  65. Ryan Olive says:

    Your a bunch a folks that steal names, sit in your fancy offices. spilt your personalities after making insider investments, then steal from tax payers. Don’t even realize it because your psychotic. Then sit on your made up high horse and it’s over give it up. Enjoy your cells you sold your souls for that money. The devil is attempting. I have been Satan and the devil I would know. You gotta pay it up if you want it back. You take interest loans on you checks when you do this.

  66. Qudus Ibiyemi says:

    More power than the president.

  67. satya Reddy says:

    All Jewish

  68. Lorenzo Burton says:

    Very informative

  69. Flaubert says:

    You can fool small ppl much easier. Smart move.

  70. H conteh says:

    Now I see why they are the most hated bank

  71. Akanksha Singh says:

    I m loving these company series 😍

  72. Henry Ramos says:

    Im better

  73. Apple Juice Simpson says:

    Why would it be a bad thing to make profit from their "fines," (fines that were purely political, not criminal, anyway). By buying troubled mortgage assets, they provided capital to Fannie at a time NO one was buying mortgages assets. That was the whole point. Provide captial in a time of liquidity hell.

  74. Scott Shapiro says:

    IBM♟

  75. TCTriangle says:

    Look at that cigarette bowl at 9:44…

  76. Black Sector Classic Lies says:

    funny how i'm reading mein kampf while listening to this. lmao "god's work" for people who wouldn't know what a soul was if it haunted them.

  77. All In All says:

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

  78. Shakir Shaikh says:

    here because of DJ D Sol

  79. redwopebut09 says:

    Thieves in Plain Clothes, that smile and shake yuh hands which can do wat dem want with the American Population. It’s truly sad and this is why I Hate the Jews!!!! Dem ain’t Smart, dem worst than John Dillinger and dem won’t even help the people who struggling in the country!!! 🇬🇾🇬🇾🇬🇾

  80. Sapar B says:

    CNBC the best👍

  81. Komemba Lohese says:

    They are in the business of making money. Nough said!

  82. sebastian hanes says:

    This company has become the ultimately "moral hazard". All their former employees, acolites and lobbysts: Rubin, Paulson, Summers, Draghi, Lagarde, Geithner and others, have perpetuated the influence of this cancer through the world of finance…

  83. ohcrapitsmrG says:

    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.

  84. Jamie Wright says:

    All crooks

  85. inXsights says:

    goldman is a criminal enterprise

  86. Michael Thompson says:

    Goldman Sachs is strait up shady but they have NOTHING on HSBC when it comes to criminality! >.<  
    I would literally feel safer depositing my money with La Cosa Nostra then with either of these two firms.
    If you’re looking for things that you personally can do to scale back the influence/wealth of the powerful (In the US, Russia, China or anywhere else.), AND at the same time increase your own, start with these 8 things:

    1) Save at LEAST 10% of all you earn.  If you are not saving at least that amount you are no better then a slave living for what your master gives you to eat. (Get yourself a free PDF copy of “The Richest Man in Babylon”: http://horizonspeakers.com/wp-content/uploads/ebooks/the-richest-man-in-babylon.pdf  Easiest book you’ll ever read on personal finance and is taught in parable so enjoyable to read as well.)

    2) Keep your uninvested money in physical form.  Either in Gold, Silver or, more pragmatically, physical currency (Remember in the most recent financial panics in the US (2008), Cyprus (2012), Greece (2015), etc. people were trying to get physical cash, not Gold or Silver.).  If you must use the banking system only use Credit Unions or Savings and Loans.  Keep only as much currency in it as you need for expenses over the course of a couple of weeks or a month tops (Business owners will need more because of tax and logistical reasons.).

    3) If you’re a wage slave paying down a lot of debt talk to an attorney about bankruptcy.  You are doing your patriotic duty by not repaying banks.  Fractional reserve banking is fraud so don’t lose a single nights sleep if you don’t repay another cent of it!   (https://www.youtube.com/watch?v=iFDe5kUUyT0&list=PLE88E9ICdipidHkTehs1VbFzgwrq1jkUJ&index=4)

    4) Speaking of being a wage slave, if you’re getting a refund at the end of the year then you need to change your withholding status so you OWE at the end of the year.  Why give the government a free loan for a year while you are paying 100+% from a payday lender?!?!  Society trains you to be a slave, that doesn’t mean you actually have to be one!

    5) When possible use physical cash when you purchase things.  This helps by a) making it hard for the powerful to profile you and add you to their metadata. b) allows those so inclined to reduce the power of government by being “tax neutral”. c) supports the poor by making merchants obligated to accept cash through your free market choice to use currency, as opposed to governments tyrannically passing laws forcing merchants to accept it (https://www.businessinsider.com/amazon-starbucks-cashless-plans-could-hurt-poor-unbanked-2018-1).

    6) Try keeping your patronage away from large entities,  i.e. don't use Google use DuckDuckGo.com or some other small search engine that does not have massive power and also tries not to keep personal search information.  You can easily switch out your tablet and cell phone search engines as well.  For an Apple product just go to “Settings”>Safari>Search Engine. As I always say, " Whenever you centralize power it always helps the powerful." And yes I realize the irony of saying this on a Google owned platform.  🙂

    7) Vote 3rd party, preferably one that pays lip service to freedom and liberty.  Your vote doesn't really count anyway so you might as well make the powerful pay more for the privilege of owning you by adding the number of parties that they have to bribe (Remember action 6 above.)! 

    8) Copy and paste this list to any future posts that you make on Youtube, or anywhere else for that matter.  The only thing better then you doing these things is getting OTHERS to do them as well.

    9) Government is a tool of the powerful to exploit the less so.  It has always been this way and it always will be.  An example of this is how the powerful use the Government to enforce its guilds.  The Federal Reserve (A banking cartel.) and the AMA (A medical cartel https://www.youtube.com/watch?v=fFoXyFmmGBQ.) are two prime examples.  ANYTHING that you do that reduces that power helps keep you free!

    You can search the internet for other actions that you can take and if you have any  good ones feel free to let me know.  The first two are hands down the best an individual can do (Least effort and most effective.).

  87. Char Aznable says:

    Must you go bald to be Goldman’s CEO?

  88. MarkuSATTO says:

    Goldman Sachs is a traitor, selling out America to China.

  89. Rs123 says:

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

  90. Arian Orange says:

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

  91. Tertiary Adjunct says:

    The swamp.

  92. Brandon Simpson says:

    they are corrupt more than anyone will ever know. The Wolf of Wall Street is real and is behind bars but we got a new wolf on the hunt. I would never work for Goldman i’d rather go to J.P. morgan or BofA. you can just smell the frat coming off of Goldman.

  93. Brandon Simpson says:

    Goldman ain’t even on the top anymore J.P. Morgan is.

  94. theeliterumbero says:

    As I stay to my clients Banks don't become big for doing charity work

  95. omer973 says:

    Who's doing the rise and fall of CNBC lol

  96. cyuiyu wyguiyui says:

    Crooks and criminals.
    End of story.

  97. mena seven says:

    Goldman Sachs is the world biggest investment bank and is connected to the US government finance.

  98. Tim Wu says:

    This is Revisionist history and SHODDY journalism to say that GS was profiting from '08 crisis; GS had capital and liquidity issues just like most financial firms. Buffet didn't "invest" into GS, GS begged for the money to prevent a collapse. And the covenants attached to the investment was extraordinarily costly for GS but worth it to survive. Also, Buffett was more or less pressured into investing equity into GS to restore confidence into the market. Buffett is a cultural icon and had the public perception of only making sound (and/or the best investments though this hasn't been true for awhile) so it worked. Without Buffett having such a strong cultural perception and the pressures market and US government, there would be questions as to whether GS would've have survived.

    And the most notable firm and the ONLY one to truly profit from '08 crisis is Bridgewater

  99. M F says:

    trying to be JP Morgan?

  100. Kapil Rupani says:

    Harry Markopolos and his team SHOULD investigate Goldman Sachs. As they are worlds biggest Banks. And Banks are SCAM in today's market. Lot of Billionaires are share holders of the bank. Lot of SCAM will be exposed….. Probably billions of dollars will come back to America .

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