Who'd a thunk...Glenn Beck finally got one thing right, his litany on Goldman. But first a priceless video, as analyst Max Keiser rails Goldman Sachs are scum while appearing France24.
Matt Taibbi tips us to one of the great video's in the building Goldman Sachs debacle. Max Keiser a US analyst appearing on a biz program on France24 goes off on Goldman Sachs with the opener of Goldman Sachs are scum, segueing into claims of treason and the need for international court prosecution. It's too bad he was a bit histrionic, because his main points were absolutely dead-on. Go to Matt's blog to watch Keiser, with a bemused host and a flummoxed french professor discuss GS's imminent appearance in the Hague.
One take-away that is not amusing, is that that the European's are beginning to see the US government as co-opted by Goldman & Wall St. and no longer an honest broker - drifting instead towards a Putin-lite oligarchy. This could be sufficient pretext to supplant the dollar with the Euro and give the EU the primacy many of its leaders have long felt it deserved (see Sarkozy et al).
In forwarding this video earlier, I noted that Keiser would never be allowed to speak out similarly on our biz-porn channels (CNBC FBNC) - Goldman would have him muzzled.
But perhaps I was a bit too hasty. Glenn Beck, I mean THAT Glenn Beck for God's sake, appears to have read Taibbi's RS piece and distilled it down to a chalk-talk for his audience. It's worth watching especially towards the end when he has the CEO of Overstock on who labels Goldman 'the Corleone family'. Catch it at Tyler Durden's blog.
Also if you haven't read them...make sure to read Taibbi's follow-up of 7/16 to his RS piece as well as Glenn Greenwald's recent recap in Salon of Goldman's trail of wreckage.
When Taibbi, Wall St. analysts, corporate CEO's and Glenn Beck (for God's sake) come together, you know the Perfect Storm is abrewing.