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Saturday, July 14, 2012
Keiser Report: Fraud Race - LIBOR and other Financial / Banking Frauds
In this episode, Max Keiser and co-host, Stacy Herbert, discuss the mainstream media joining the 'hang bankers' bandwagon, as it becomes increasingly obvious that the space race has been replaced with a fraud race and getting your Series 7 broker's license makes stealing a risk-free business proposition. In the second half of the show, Max talks to analyst and newslettter writer, Rob Kirby of Kirby Analytics, about the derivatives complex as a price control grid and about the fact that every time the JP Morgan monster needs a feeding, something must die.
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