Goldman Sachs Grilled: Join the Live Chat
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Tonight on 360°, the Goldman grilling on Capitol Hill. Democrats and Republicans roasting company executives late into the night.The charges? Selling investors what one Senator called crap. The current and former executives say they've done nothing wrong. Plus, remembering the hero who saved a stranger's life.
Want to know what else we're covering? Read EVENING BUZZ
Scroll down to join the live chat during the program. It's your chance to share your thoughts on tonight's headlines. Keep in mind, you have a better chance of having your comment get past our moderators if you follow our rules.
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Thank you so much for being there to explain Michael's "set back" and over all diagnosis.
We are so lucky that CNN has you on board.
The most dangerous crime-ridden communities in America have the strictest gun laws.
Evening Sanjay and everyone..hello Anderson wherever you are.
The situation in Chicago sounds all too familiar..like the gang violence in Los Angeles. The fear makes people not want to speak out against the criminals. I'd like Anderson to look into these gangs in Chicago and the south.. like he did in LA.
Who is the major perpetrator of these crimes, youth?
@Sonya,
Are they making cases against the "real criminals"?
The so-called "real-criminals" tend to have others do their dirty work at times...it takes time to build a case & that includes witnesses. (& info)
Chicago is not the only city with major crime rates and innocent people getting killed. if you bring in the NG for Chicago call them in for the rest.
Chicago story is so sad and heart breaking, so many children lost for no good reason.
Even worse that a dying teen would not name his killer.
It almost seems like what is going on in Chicago has become a culture all of its own.
This is the reason why private army's are formed because of places like Chicago .
There are so sad for children and teens killed by gangs, There are so violence on the street. That is outrage to see this. I won't accept violence at all.
Putting soldiers with machine guns out in the streets of Chicago would be the very worse thing to do. Remember the innocent civilians at Kent State that were murdered when soldiers with machine guns used them for crowd control.
The number of homicides in Chicago is astounding. The gangs have taken over the south side and elsewhere. I can see how the ER docs must feel like they are in a war.
They have to Want the help!
You can offer whatever & however much you want, however, if they are Not willing to change...it's just throwing money out the door...
As a person who grew up in high crime rate area, we don't tell because the police dont care.... they just want to lock up someone... anyone. There are alot of people who are incarcerated that shouldn't be while the real criminals are on the streets.
Not sure I'd say they were "Grilled," more like asked to be lectured so Congress could regain some credibility in exchange for no real punishment.
Why is the government refusing the National Guard to Chicago .
@Emily
You are right about the congressional panel, but that is a whole other story.
NOW they have rage...where were these people while this was happening. Many of them knew what was going on, or at least had a sense that something was not right.
In this case, i'll blame the Republicans more than the Dem's because they were in power when this happened. But, as has been pointed out by other, the Dem got a lot of donations from Goldman Sachs.
@ starr the GS people didn't break a sweat when they made their deals eather... Seems that they are from an other dimension..
No guild no responsibility, scary people...?
Hi Nicole,
Good question, I know why, Senators are trying grilling them. what happened our money or lose their money. They were doing wrong thing to cover-up their mouth. There are possible be fraud.
I think that this "Code of Silence" has more to do with something else, aside from fear of retribution. (by the gang members)
All and all with this continued fraud and deception with wall street this country's trust in government run capital will stay fragile .
Its the distrust of Police that leads to non-cooperation. A corrupt cop is worse than any criminal that most people will ever run into.
Good evening Dr. Gupta, Isabel, Emily, Starr, Megan, everyone.
A great discussion with Christine Romans and Ali Velshi. I thought Sen McCaskill's pt about raw gambling was a good one. But I wish I had watched Blankfein and Sen. Levin go at it. It's true that Blankfein is dodging in the intvw w/ Christine Romans, but asking if GS caused the recession is a loaded question. He did say GS financed companies and real estate that were over leveraged. As I understand it GS was less exposed to the subprime market than Lehman and Bear Stearns (from excerpt of The Big Short).
I just realized I don't understand what leveraging is.
Good evening all,
It seems the CEO was really reaching for words primarily because he didn't want to be the 'fall guy' for the whole financial meltdown...and rightly so because although I haven't heard an awful lot about all the other corporations in the bailout, it seems as though most of them made a tidy profit off the whole ordeal, judging by the 'bonuses'. Is there more greed mongering among other corporations that is going unaddressed? And after all this talk, will their be any penalty or compensatory measures to arrest and correct this?
I have little sympathy for neighborhoods that harbor criminals. You can always make an anonymous call.
Goldman Sach's have had their feet in the White House for so long. I kind of believe this is all just for show. They were saying today this has been going on since Clinton was in office,,so can't really just blame Obama admin. for all this.
If someone doesn't co-operate with the police, it's hard to feel sorry for him.... has hard as that sounds!
@Starr,
Looks like the Republicans & the Democrats were united in their outrage over what has occurred at Goldman Sachs when the questioning was happening today.
But in this case they bundled bad derivatives together with good ones, then allowed the other part of the company to bet against them, short them, knowing they were bad.
Good evening Dr.Gupta, 360 Team, Jo Ann, Mike, Megan, Isabel & David, Casey, Gloria, Nancy, Renee , Nicole & Blogger!
None of them are a challenge for Blankfein. He will prevail and should. While the "golden" is tarnished in Goldman Sachs, they did nothing fraudulent. If they had, why is it a civil suit?
Smith in Oregon, Goldman Sach's gave much more to Democrats than Republicans. Are you sure who is protecting them? Obama got $1M himself.
Hello Dr Gupta! Hello Emily, Starr, Megan,- Everyone!!
Is there any way to find out how many bonusses these guys from GS got?!
Realy do like the senator who is asking the questions...
Oh and I just wonder what do the tea party people say about this?
Why are so many ex-Goldman Sachs people working for the Obama administration? The IMF said this has turned into an olograchy.
Christine Romans and Ali Veshli are good point comment there, I also agree with them.
Seriously, it seemed as if the Goldman Sachs reps were living in another dimention! (which i beleive they do in some way).
10 hrs and they didn't break a sweat....makes you wonder.
Certainly Wall St. most certainly has no sense of ethics or morals, But, have they done something illegal that they can be serisouly prosecuted?
God, i pray that it is so and that Any of these men/women involved will be very seriously punished to the point that they will live in the "real world"
Did everyone forget how capital flows? Derivatives play a vital role in our economy.
Why was these execs. left in charge after the scandal .
Does anybody ever learn anything from these hearings? It seems to be just a way to posture for the cameras.
Goldman Sachs should now be Gold Man sucks!
Good evening Dr.S.Gupta, AC360team and fellow blogger's.
Yup! I agree with you, Starr....... The panel were griling by Senators.. I knew that I don't believe what they didn't dothing wrong, Nope. Not true.
These Goldman Sach's managers and CEO's have no conscious whatsoever and couldn't care less about a Congressional hearing. They see themselves as immune from federal charges, protected by the Republican lawmakers and tonight are laughing all the way to their personal banking accounts.
This is a show trial. The networks are hardly carrying any of it. The fix is in. Goldman knows it has to look contrite but it was the second largest contributor to the Obama campaign.
I still want to know how these investments were rated AAA.
Good evening Dr. Gupta & Team 350.
Hello, David, Isabel, Gabriela, Megan, Nancy, Kim, Casey, Nichole, Devin, Mike, Casey, Dulcie, everyone.
Well stated Dr. Gupta. The panel "grilling" Was "mind blowing", especially when the reps of Goldman Sachs did nothing wrong what so ever..... Arrg
Oh boy! There are bleep during hearing!!!! Ouch! Yes, They are wrong thing to do lie us!
Dr. Gupta if you really want to expose Goldman Sachs, begin posting all of the American Cities across America which bought their junk bonds which bankrupted their municipal funds when their AAA safe investment ALL tanked. These crooks destoryed thousands of cities across America and their victims should be listed.
Good evening Sanjay and everyone. Good to be here with all of you. I only watched a little of the grilling of Goldman Sachs but it seemed that they either didn't recall anything or didn't understand the question. I'm sure they engaged in endless strategy sessions.
Good Evening Dr. Gupta, CNN Guests and CNN staffers and fellow bloggers all.
Helloooo (Anderson), Sanjay Gupta Lisa Bloom, Megan, Jessica, Candy, David Gergen, Ed Henry, Martina, Nicole, Kim, Emily, Gloria, Dodie, Mike, Casey, Milan, Vivan, Gabriela, Cessy, Paula, Isabel, David-Indiana, JoAnn, Monica, Kathy, Gayle, Renee, Caroline, Danie, Lori, Adelaide, BettyAnn, Heather, Starr, Sharon, Casey, A. Smith, Devin, Karin, and my friend Twitter/Facebook Bloggers!!!!
Thanks for coming in for join us tonight! 😀
Happy Tuesday night!!!