Goldman Sachs is one of the largest investment banks in the world. It gained notoriety for the huge profits it made during the 2008 financial crisis, from “betting” on a collapse in the sub-prime mortgage market. Documentary “Goldman Sachs: Master of the World?” claims that the bank’s insider status with governments, including the US, has made sure it has not seen repercussions from the massive global collapse.
The 2011 Amazon Prime documentary delves into how the banking house, founded in 1869 by a German immigrant to the States, became one of the most powerful banks in the world.
Chris Hedges, the author of “The World As It Is”, speaks about how Goldman Sachs personnel are key players in the American political system.
He says there are a “huge number” of former Goldman Sachs partners in US politics.
“Really, it is fair to say that in this country it is impossible to vote against the interests of Goldman Sachs,” he adds.
Author Chris Hedges speaks in the 2011 documentary “Goldman Sachs: Master of the World?” (Image: Getty )
Former Goldman Sachs employees in key global political positions currently include United States Secretary of the Treasury Steven Mnuchin, Governor of the Bank of England Mark Carney, and European Central Bank President Mario Draghi.
Hedges continues: “Goldman Sachs has the power to bring down economies, as they have in Greece.”
The bank is said to have made as much as