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Goldman Sachs: Masters of the World? | Market Manipulation | Secrets of the Financial Empire
Goldman Sachs, once a humble brokerage house founded in 1869 by a German immigrant, has grown into one of the world’s most powerful financial institutions. But at what cost? This investigative documentary uncovers the embattled bank’s controversial actions during the financial crisis and the ethical questions surrounding its rise to dominance.
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Goldman Sachs: Masters of the World?
Year: 2011
Duration: 52 minutes
Production: Album Productions
Director: Jean-Luc Léon
Language: English
Country of Production: France
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Critics and lawmakers alike have accused Goldman Sachs of profiting from the 2008 financial collapse by leveraging insider knowledge. A U.S. Senate panel has criticized the bank for misleading investors and Congress, while others have pointed to its role in obscuring Greece’s debt with complex derivatives, leaving global markets vulnerable.
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Through exclusive interviews with bankers, senators, and economists, the film reveals how Goldman Sachs became aware of the impending financial crisis as early as 2006. Instead of issuing warnings, the bank allegedly used this insider information to position itself advantageously, boosting profits at the expense of investors and taxpayers.
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The documentary also delves into the broader implications of Goldman Sachs’ actions, questioning whether the bank’s practices reflect systemic failures in global finance. As the bank continues to face legal challenges and public scrutiny, "Goldman Sachs: Masters of the World?" examines the fine line between strategic foresight and unethical exploitation, shedding light on who should bear responsibility for the financial chaos that reshaped the world.
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This thought-provoking exposé invites viewers to critically assess the role of power, greed, and accountability in modern banking.
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