Max Keiser: Stock Market Crash Today Caused By Goldman Sachs, Not Market News - Video

Washington, DC – The stock market crash today and last Thursday and Friday was caused by Goldman Sachs – such is the claim of Max Keiser.  Keiser claims the Greece Debt crisis news had little or nothing to do with the stock drop of last week.  The stock market responded directly to Goldman Sachs proprietary high frequency trading programs.   

Max Keiser has long opposed the operations of Goldman Sachs and its associated grip on financial regulation in higher government.  His most recent scribe describes a situation where Goldman Sachs systems virtually shut down market operations for a few short minutes of trading causing the historic stock market crash of 2010.

“May 6th was an unequivocal act of domestic financial terrorism in America. A day that will live in infamy.

To scare the lawmakers, themselves large owners of the very banks and stocks that they are supposed to be regulating, a financial Weapon of Mass Destruction was put to their head and they acquiesced.

As the inventor of the continuous double-auction, market-making technology (VST tech. US pat. no. 5950176) that is referenced 132 times by program trading and HFT patents since 1996, I can tell you that Goldman, JP Morgan and the gang simply pulled the ‘buys’ from their computer trading programs and manufactured a crash. And when the coast was clear, and it was clear the politicians were not going to vote for anything that would break up the ‘too big to fail’ banks; all the ’sells’ were pulled from the computers and the market roared back.

This is a Manchurian Candidate market where program trading bots start the ball rolling in whatever direction Wall St. wants the market to go – and then hundreds of thousands of day-traders watching Cramer on CNBC jump on the momentum bandwagon and commit the crime for the Wall St. financial terrorists, who then say, ‘It wasn’t us, it was ‘the market!’”

The continuing stock market drop today may signal more trouble ahead.  Max Keiser believes further weakness will signal more trouble as Goldman Sachs continues to influence financial reform legislation thru creating volatile market conditions for the near future. 

See two Max Keiser Stock Market Videos Below