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"Goldman Sacks Runs the World" - was interview a Hoax?


               
2011 Sep 28, 1:59am   1,546 views  2 comments

by ChrisSoCal   follow (0)  

Recently trader Alessio Rastani stated "Governments don't rule the world, Goldman Sachs rules the world" during a BBC interview. I find the statement refreshing... because I believe it!

Almost immediately, the mainstream media seemed to be trying to discredit the trader, Alessio Rastani. For example: http://news.yahoo.com/blogs/cutline/bbc-victim-hoax-no-yes-men-154724196.html?source=patrick.net

What do you think? Is a Alessio a "Yes Man" political stunt or did he speak such a powerful truth that the machine is now trying to squelch him. Discuss.

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1   Vicente   2011 Sep 28, 2:29am  

He's at least honestly stating the SOCIOPATH behavior of people in finance.

The noted statement comes at about 2:40 in the video however you have to view it in context.

When asked about how it could be fixed to make investors happy, he said he didn't care and "he dreamed of a moment like this" to make money on a big crash.

Yeah that's what finance is all about, and these are the "smartest guys in the room" we are supposed to worship in the USA. In his defense he is pimping the idea of the little guy acting to save his own ass, but the sad fact is that it's pretty pointless. Whatever you do, the hedgies will have been there first and gobbled up the lion's share of it and you'll be picking up pennies off the pavement that they were too lazy to go after.

2   Â¥   2011 Sep 28, 3:08am  

Vicente says

When asked about how it could be fixed to make investors happy, he said he didn't care and "he dreamed of a moment like this" to make money on a big crash.

I suspect people like Karl Denninger are also rooting for austerity, since that will produce a move down that is piss-simple to play on the short side.

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