Video: These Fu*king Guys -- April 20, 2010
Two new clips from the past 10 days. CNBC's blowhard Jim Cramer, Goldman and Congress are targets.
Referring to Fabrice Tourre's moniker, "The Fabulous Fab," he joked, "I see he's already picked out his prison nickname."
Video: President Obama -- May 1, 2010
Politics aside, President Deficit speaks for the first 16 minutes and is excellent, and the rest is Jay leno, who bombed pretty severely.
Obankster drops the F-bomb in the first minute. Transcript inside.
Two written interviews with Kaufman from the past 48 hours.
The Goldman Sachs hearings have provided palpable momentum to a charge led by Senators Kaufman and Brown to limit the leverage, size and scope of the too-big-to-fail banks.
And as a result, their earnings. To wit, there was a report out yesterday highlighting that current derivatives legislation could cost Goldman Sachs us much as 41% of their profits. For FY '10 that would be $4 billion. Ouch.
Video: Jim Chanos on Obama's speech, financial reform, and fraud investigations -- April 22, 2010
Chanos begins after the 3-minute mark. He is preceded in the clip by Obama's speech on Wall Street reform and a few minutes with Bobby Pisani.
Some quotes and a link are inside.
Video: If you haven't seen this before, buckle up...seriously
Yesterday's hearings were an exercise in frustration, anger and futility. Then I watched some WalStreetPro and felt surprisingly better. You do the math.
If you don't like profanity, then don't watch. Consider yourself warned. And don't send me emails telling me I'm going to hell. (I already know that and have made reservations.) For the rest of you, get ready for a ride.
Do not miss this one. It's starting to look as though the SEC has turned the corner and is gunning for more prosecutions.
UPDATE: The testimony continues (it's currently 7 pm EST)...Blankfein remains in the hot seat.
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Video: Watch the Goldman Flogging LIVE...
Boy, Fabrice's got a helluva mug. The guy just radiates arrogance -- or perhaps, his face mimicks his tightly puckered arse. So grab some popcorn and your gun.
Attention federal prosecutors: that was a joke.
Will be adding links all day for this story. For now we have Bess Levin's live blog, the showdown clip from Kingpin (Bill Murray, Woody Harrleson) and a new-look photo from the ladies at Code Pink who are in attendance and protesting. It's not quite prison orange, but it works.
Testimony schedule and prepared statements are now linked inside.
Video: CNN's Zakaria with Geithner, Spitzer, Sorkin, Wolf & Shlaes -- April 25, 2010
Another excellent clip from this weekend. Zakaria doesn't understand the implications of Goldman and Paulson creating synthetic CDOs (Abacus), pushing them on unsuspecting clients and then shorting them. But the discussion has value nonetheless. Wolf, Sorkin and Spitzer provide interesting perspectives.
May 3, 2010 at 1:35 AM
