Same

@@chanuda4824 sort of, but its more about the cocky trader and how he feels he is not being paid enough for his services. Goldman basically docked his pay because of his narcissistic attitude and because an internal self evaluation of salem by salem damaged goldmans reputation.

same lol

Same but I’m on an acid trip w H E L P M E

Same

I saved our company over $3M per year, for the forseeable future. I was on $32k. I was fine with that - that's what my job is worth, and that's what they paid me for. Your logic means that the salesman gets a bonus of $20M, but the secretaries and engineers and machinists and IT support get nothing, because they didn't 'make' the company anything. A fatuous argument, and one that got us to where we are today, with such massive wealth disparity.

If you are making your company $3M extra per year and you are on $32k you are being grossly underpaid.

@@jonathansomic Exactly. And the engineers that add some new feature that actually _costs_ money to implement - they should be fined. Secretaries don't save money - they should pay to be there too. Don't get me started on the guys who actually make the things in the factory - what a waste of money they are. I can't believe we actually let them work here...

@@conflagrationTuesday but is it specifically you who is saving the firm that 3mil or could have anyone else in your job done the same?

@@conflagrationTuesday you're making flaws in trying to prove your point. Yes if an engineer is making features that don't add value to the company they will be fired, however they do add value and their compensation is indeed based on the value they add. If you are capable of providing 3M worth of value and are being compensated 32k for it you are being grossly underpaid as someone else said. It's a different story however if the 3M that 'you' are saving the company is actually the result of the work of whole teams that contributed to it and you are just part of.

Next time, when you guys fuck up worth 400 mil, bring about 30 chicken sandwiches to the company. That should be fine.

then walk and find a company that values you, whatever you did, go and do it for your competitors and then your company will learn how stupid they were. dont short sell yourself. you just proved to us that you're worth a fair share of 400 million.

Was it at least Chick Fil A or those cheap ass dollar menu McChickens?

LOL

👀

Eh no

Interesting👁️👄👁️

Very interesting

Shhhhh don’t wake them up

@@jackharvey7824 yeah he single handedly did it

And he also did not risk his own money to gain this amount of money... which makes the 8 million compensation not at all bad. But people dont know about risk/reward evaluation.

vershil patel lol i read the comment, remembered the name but not from where, searched it on KZfaqr, saw the thumbnails, remembered, lold

Wondering if anyone else noticeed lol

vershil patel don’t mess with his espresso!

Conan!

lol! and why wasn't conan here to annoy jordan as he interviewed the guy.

Almost all the recent comments are a day or two old. Randomly showed up on my feed too lol

Crash is coming

Yep

Just happened to me. Crazy

So what?

lol best comment

bro this took a minute to understand lmaoooooo

Best comment

Puts things into perspective.

Says who?

@@KhaledTheSaudiHawkII Says Wall Street. Deeb Salem was a BIG deal. Very well known. A "star" in the industry so to speak.

What became of him now?

@@hayaglamazonluxe Protestant-German humans don’t like people with Aisan names so they destroyed him I guess.

@@KBS_ar what a dumb comment, blame racism for a guy making millions

8M is not pocket change, if you want to live that rockstar lifestyle then sure I suppose. Private Equity guys love spending all their money on tangible luxuries

so it's roughly 5% of his net worth? thats not pocket change.

You have no concept of the value of money at all

perspective*

That’s why most of us Germans are proud to live below our means, tbh I don’t need anything more than 250k p.a, to me 8m is a ton, it’s enough to live a more than just decent life and it enables you to actually have time for family and friends and not hang around in an office from 7-11

Exactly. Always in writing.

thats why i go into banking

1boi same here

@@1boi593 how is it there

If I got a penny for every time I heard this phrase, I am pretty sure I can rule the world.

👏👏👏👏👏👏👏👏👏👏👏👏

Nah reddit is cancer

@@dreday1928 can confirm reddit noob investors

@@stevenjackson2799 reddit is cancer as a whole

Askformoreinfo whichyouwontget yup I learned that the hard way...

I learned that lesson the hard way this year

For a really smart guy who earn a billion for the company he's quite stupid for that in all honesty. What makes it even stupider that he brought that to court with no proof. Kind of an irony I'd say

@@Amr_D A verbal contract is just as valid as a written one. And when it comes from your boss or someone of power/with authority/someone you respect, there would be no reason to doubt they will break the contract. And this is also true in investment banking industry as its all about reputation and contacts, and no one wants to diminish their reputation by becoming the guy that promises but don't deliver. Especially in this case where both parties are reputable, since the trader is well known as well. The case shown here is an exception and can happen. But it's an exception, not the rule.

You called it

Recommended videos? Or you’re just a really big fan of Goldman Sachs?

@@whywelovefilm7079 yeah.....this video, lol

you mean funded by the tax payers.

@@sanansa4567* Funded by the Government Taxpayers don't pay for anything, they are only robbed by the government

not really, goldman returned the $10 billion dollars of bailout money in 2009

Trevor Philips haha haha 😂

@@ayeshayaseen408 to

Thanks to gov subsides.

Thanks to gov subsides.

Not you, who’s*

@@simonshotter8960 hahaha you are a mean bastard hahaha that was a savage reply

Deeb Salem... Try description first next time

C Plus Plus Sized Dick that is not Deeb Salem lol

simon shotter crushed loool

This video is like 7 years old lol

Lee Wang CFA LOL LOL

hahahahahaha

He likely has dozens of CFAs under him.

Lol what a dumb statement. Yes, go for your CFA and make your millions lmaoooo. What a loser

I dont get the joke. Whats wrong with a cfa

Little bump won’t hurt

Not everyone involved with finance is a cokehead okay? This isn’t wolf of Wall Street

Someone’s provoked. 🤣

Besançon 321 yeah your mom was

probably on adderal

You're an idiot

C Plus Plus Sized Dick What a great comeback!

Dr H lol idiot why did you compliment their comeback it was a comeback to you

Brock Split You guys are all so smart. Where’d you go to school? Harvard or Yale??

@@drh2098 when you're so stupid that you think common knowledge must only be taught in Ivy League schools 🙄...

Interesting.....tell us more.

They are because index funds do just as well

Nate Evans on average 98% of them do worse

Archie j once you take away fees the profit is about the same between index and managed

Once you take away fees index funds CRUSH managed funds. You guy's are silly in every trade there's someone who wins and someone who loses, you're always selling or buying your stock to or from someone else. Someone who's funds are typically managed. When you make profit on your managed funds you get charged fees. This leaves everyone on average with a net loss... except for the fund managers.

Not sure that it falls under the statute of frauds requirements that an agreement be reduced to writing.

@@jamesramirez8133 Basically verbal agreements mean nothing. Ask your local lawyer. Get it written down and signed if you really want it.

Peter Clevenger I am a lawyer. But yeah verbal agreements are not binding when the statute of frauds comes into play, but that is a narrow exception to the general rule.

cant be decentralized. if it's crypto then traders and programmers will be the same, or someone else lmao

And that attitude is exactly why you will never be as succesful as him

@@Black00200 i retired on 2M

They returned their bailout money in 08. Js

lmao, guaranteed he doesn't know. He watched the big short once now hates bankers.

It's no lie that elements of investment banking are a scourge on current capitalism but they're not all bad. They are the backbone of business, innovation and security as a capitalist myself it's hard not to hate banks but I can sympathise with people that do.

I was hoping for a punchline??

Because he saved the whole bank and not only that, made them hundreds of millions or even billions doing that!!!!

Well if you make a company millions to billions I'd say its not enough He got a 0.008% of the money he earned

L