October 07, 2008

Toxic loan king Herb Sandler, who brought down Wachovia bank with his Golden West Toxic Loan Stew, has SNL's bailout skit pulled

Remember the video we posted yesterday of the hilarous SNL bailout skit lampooning Pelosi, Bush, Frank and Soros? Well, it looks like toxic loan guru Herb Sandler, who was also made fun of in the skit, is putting NBC under the screws and had the video pulled.

(A little background. Sandler controlled Golden West, a S&L that had $122 in toxic ARMs on the books when he hilariously sold it to Wachovia (who failed last week most likely because of this deal in my personal first amendment protected opinion). He's also buddies with George Soros, and a left wing activist)

Well, that kinda sucks. Because that video was pretty much HP in a nutshell, and spot-on.

So, two things:

1) email and call NBC and tell them to man up and put the damn video back up. Here's KNBC - figured it's best to hit one station than the NBC switchboard.

2) Send this story to DrudgeReport - use the 'send news tips' box on the lower right. He'll eventually post it because Soros and Sandler are left wing activists he hates

3) Please contribute to my legal defense fund when Herb Sandler tries to get HP pulled from the internets too


Anonymous said...

It's up on Youtube. Just search "SNL bailout."

keith said...

NBC is having them pulled as soon as they go up on youtube

Soon they'll come to realize that the internet cannot be controlled

Anonymous said...


Anonymous said...

This is bullshit.

Attention herb the scumbag sandler, you fucked up becuase of your greed. You made your bed, now sleep in it.

Anonymous said...

Who is this guy? He is an engineer, not an accountant, not someone with a background in finance.

He had one year at Goldman Sachs. What is going on here??

This is not someone who should be appointed to oversee this bailout. Note he went to University of Illinois. Is this some kind of friend-of-obama appointment?

Business big shot: Neel Kashkari

Tom Bawden
A space technology whizz who works in the US Treasury is expected to be appointed to run one of the world's largest investment funds. Neel Kashkari, 35, who developed technology for Nasa missions in his first career, is thought to have been chosen to oversee the $700 billion fund that the US Treasury has set up to buy bad mortgages from financial institutions.

Mr Kashkari's appointment, which is to be announced soon but is likely to expire when a new government takes office in January, comes less than 18 months after Henry Paulson, the US Treasury Secretary, poached him from Goldman Sachs. There he headed the IT Security investment banking practice in San Francisco, advising companies on mergers, flotations and other financial transactions.

Mr Kashkari joined the Treasury last year as an adviser. He quickly became involved in the unfurling credit crisis and was promoted to the position of Treasury assistant secretary for international affairs.

Originally from Stow, Ohio, Mr Kashkari, who is married, got bachelor's and master's degrees in engineering from the University of Illinois at Urbana-Champaign. He also has an MBA in finance. Before joining Goldman Sachs, Mr Kashkari was a scientist. He once had a job at TRW, the aerospace company, where his projects included developing technology for the James Webb space telescope. When it is launched in 2013, this telescope will observe the most distant objects in the universe.

In his new role, Mr Kashkari will oversee some key decisions on how the mortgage buyback programme will work. He will also be key to the appointment of about two dozen staff to manage the programme and between five and ten asset management firms.

The appointment of one so young, and with such a low profile, to such a big job, raised a few eyebrows yesterday.

Anonymous said...

you can download it here; at least until the gestapo busts their doors down.


Let's make this thing go viral!!!

Anonymous said...

The U. S. is chock full of these kind of douche bags that hide behind that "Greatest Generation" label given them. Many of them and their children (boomers) deserve one another (IMHO).

Smug Bastard

Anonymous said...

I found it here


knifecatcher said...

Kenny was gang-raped by Herbie and his missus.
I'd like to see an HPer write this tell-all book.

There are several lessons that should be learned from this, in both a personal and business standpoint:
1) Don't worry about what others are doing. Be strong and faithful to yourself and your beliefs.
2) You usually can not buy or imitate another's ideas and be successful.

keyser knifecatcher soze said...

Sandler has been spewing shit saying the loans he sold to WB are still 'golden'...hehehe.
I have a simple solution...tell the punk to buy them back & give him a 10% discount...that'll shut him up.

Anonymous said...

This type of censorship is only the beginning. Wait till the cult of personality wins the election.

You sheeple get the government you deserve.


Anonymous said...


Anonymous said...


Anonymous said...


Who's the troll next to this idiot?


Anonymous said...

I just watched it on Hulu.

Veronica Lodge said...

RE: Toxic loan king Herb Sandler...

Just in case all of the videos have been pulled, here is a


NANCY PELOSI: "This is Herbert and Marion Sandler. Tell us your story.”

HERBERT SANDLER: "My wife and I had a company which aggressively marketed sub-prime mortgages and then bundled them as securities to sell to banks, such as Wachovia. Today, our portfolio is worth almost nothing, though at one point it was worth close to 19 billion dollars.”

NANCY PELOSI: "My god, I'm so sorry. Were you able to sell it for anything?"

HERBERT SANDLER: "Yes, for 24 billion.”

NANCY PELOSI: "I see, so in that sense you're not, so to speak, actual victims?"

HERBERT SANDLER: "Ha, ha, ha! That would be Wachovia Bank."

MARION SANDLER: "Actually, we've done quite well. We're very happy."

A message appears at the bottom of the screen saying:

People Who Should Be Shot

HERBERT SANDLER: "We were sort of wondering why you asked us to come today."

MARION SANDLER: "Anyway, it's delightful to see you Nancy."

HERBERT SANDLER: "And thank you Congressman Frank, as well as many Republicans for helping block Congressional oversight of our corrupt activities."


edd said...

The altered video is at

The original had a subtitle under the Sandlers which exposed SNL/NBC/GE to liability by stating:
"People Who Should Be Shot".

That was improper, and I hope Sandler gets
some money in settlement.

Anonymous said...

The theory that the video was pulled due to its immflamatory content related to the housing credt crisis is unfounded.

The video has now been simply edited to exclude the caption under the Sandlers which originally said "People who should be shot."

If these were fictional characters the caption would not be deemed as a threatening statement.

I think this is a reasonable edit and I am sure the Sandler's attorneys sent them a cease and desist for the caption alone and not the content of the skit.

Here is the edited version on NBC's own website. I just watched the full skit on 10/08/08 at 8am EST.


Anonymous said...

You can see it here-
Take a look before the people at Show Record get bullied into taking it down:


keith said...

I guess we're "some bloggers" huh?

NBC abruptly removed the skit from its Web site on Tuesday, prompting some bloggers to surmise that the network had come under pressure to make it disappear. The sketch, which pretended to be a C-SPAN press conference with “victims” of the financial crisis, assigned some of the blame to Democrats.

Explaining the move, NBC said in a statement: “Upon review, we caught certain elements in the sketch that didn’t meet our standards.”