lloyd blankfein on his cell phone and cheer him up the number is nine months seven seven zero or thirty nine thirty nine i'm sure he has a new one right now but apparently somebody released his cell phone number into the public domain and the reason why they're saying you should cheer him up is because goldman sachs just reported a nearly half a billion dollar loss in the third quarter some of the suggested messages are i know you just lost half a billion dollars but look on the bright side you've set aside ten billion in bonuses to pay out to your thirty four thousand two hundred employees or they just do what i do when i run out of money head over to the feds discount window and borrow more at no interest. well it's amazing that goldman can lose any money i think they just do that for show because for example we know through high frequency trading they steal one hundred million dollars a day on the new york stock exchange floor crossus no cost for that whatsoever and all the other government programs they get bailed out on and all the risk arbitrage because of interest rate cash flow

goldman sachs yes learn how the term goal into fecal matter that's something we've done in lloyd blankfein make their money not the other way we're making fecal matter into gold that's a losing proposition especially since the price of gold is so heavily and it related other downside but even the judge was able to recognize that it was a fool's alchemy dream that it wasn't ever going to work so why is it that our regulators the so-called judges and referees of capitalism and banking they can't see that it was obviously never going to work despite their pleas of ignorance that the likes of lloyd blankfein and jamie diamond say that they couldn't have possibly known that their alchemy would not have turned into an explosion in this case this man cost three thousand pounds in damages to the apartment building as i said the whole point of the global derivatives market anything about the derivatives market is a six hundred trillion dollar paper. faecal ball circles the globe in worthless paper and that was derived from initially something of value or more a gauge or a population as a whole the

street has been alleging now but now is wall street firing back fighting back but apparently lloyd blankfein in goldman sachs pulled their support of a credit union a particular credit union out from their twenty fifth anniversary because they were honoring the occupy wall street protesters so i think this might be kind of this could be internets and conflict here war in the banking system and lloyd blankfein who's kind of a. him and jamie were kind of enforcing the law saying listen you know you're not going to support these these guys out there because they're going to be in our lunch so while they're putting their money where their mouth is and now it's up to occupy wall street because they have a day coming up where they're pulling money out of banks i believe it's november fifth so we'll see if they put their money where their mouth is in what is now escalating into financial warfare but that's what it seems that they come out with a reality check. all right real quick before we go we want to give you a reality check because we're ports are out today but swiss banks are likely to settle

this year, under blankfein's leadership, goldman posted a quarterly loss for only the second time sinceance the company has decided to spend more, not less, more of its revenue on bonuses this year. so get caught leading your company in the deceptive scheme and then pay yourself more money, then lose money at your company for the first time in more than ten years and pay yourself more money. such are the ways of wall street where greed is, always has been and absolutely will be king. >>> still to come in this hour, a last word exclusive with apple cofounder steve wozniak. he'll discuss the lasting legacy of steve jobs. >>> i'll look at one of the wildest races in the country. this election cycle, filled with big money and political intrigue and you will never guess where it is. that's coming up. at aviva, we wonder why other life insurance companies treat you like a policy, not a person. instead of getting to know you they simply assign you a number. aviva is here to change all that. we're bringing humanity back to insurance and putting people before policies. aviva life insurance and a

lloyd blankfein blamed the quarterly loss on difficult market conditions and the lack of confidence among investors and corporate clients. for more on goldman's dismal quarter and the outlook for the stock, let's turn to tonight's "street critique" with hilary kramer of gamechangerstocks.com. >> so hillary, you have always liked gold. you raved about it in our programme many times. how due feel about it now. >> i still love goldman sachs, and i'm more optimist k than ever, but investors are finally seing it my way. >> how is that. what do you mean? >> goldman sachs trades as a huge discount to tangible book value. basically it's undervaulted. think about it. financials have gotten so badly hurt. goldman sachs like all the other investment banks tend to see most of the acquisition and requisitions in the father quarter, and they're backlogged with deals analysts digested the news about goldman sachs $393 million loss figured out that the fourth quartered is going to be a blowout quarter, especially if underwritings california back, susie. 500 companies are waiting to go public, and as soon

the justice was selectively served against gadhafi and not tony blair or jamie diamond or lloyd blankfein how come those guys are not hiding in a spider hole somewhere. the british parliament has voted overwhelmingly against holding our friend a man leaving the european union a petition of over one hundred thousand signatures from the public had a cold for the debate the government earlier ordered its employees to vote against the motion or face penalties despite is dozens of david cameron's party members defied the order in what's been the biggest internal challenges faced as prime minister john gaunt from the vote u.k. out of the campaign says britain never signed up for what turned out to be. god just still stinging attack on democracy in the whole new member of the oval parliament square these m.p.'s are no vote with their conscience well with their constituents opinions they're voting the way their leaders told them to because if they don't they'll get the sack that isn't democracy it's an absolute disgrace i don't actually think we need to be part of a political no one saw and obama

the justice was selectively served against gadhafi and not tony blair or jamie diamond or lloyd blankfein how come those guys are not hiding in a spider hole somewhere. because reporters next hour here and i see the occupy wall street movement is gearing up for another round of global rallies this week intended to coincide with the upcoming g. twenty summit these latest protests are aimed at pressuring world leaders to introduce a so-called rope and hood tax on what they say is the virtually unknown regulated global casino financial transactions but it's on his merino portnoy reports it will not be easy to achieve. well six weeks into the occupy movement nearly one thousand unarmed activists have been arrested in new york city . thrown to the ground beaten netted like miles and pepper sprayed. the n.y.p.d. east tactics have been harshly criticized yet the most profound and public condemnation recently came from the u.s. marine sergeant shamar thomas while defending demonstrators in times square. the lone man that stood up to dozens of new york cops comes from a family of honor my stepfath

when war broke out breaks the law bank of america breaks a law to be done to break the law lloyd blankfein broke the law just because they have selective amnesia doesn't mean that it absolves them from having broken the law well like barack obama said it's not necessarily illegal it is only illegal if the department of justice or the attorney general prosecute if they remember their job is to force the law as long as they forget that their job is to enforce the law then it's not illegal that's what obama say are for go with the law is not for it's technically not legal houses. but going back to this final point i have here max because i want to get through this the bankers are saying that the protesters out there are marxists here's the headline brooks brothers bolshevism michael semple last the chief investment officer of j.p. morgan chase wrote in july of this year and a client's only newsletter obtained by the washington post that profit margins have reached levels not seen in decades and reductions in wages and benefits explain the majority of the net improvement symboles printed the l