Max Keiser and co-host, Stacy Herbert, discuss Libor traders who rigged
global interest rate market escaping charges while Iceland sentences
bankers to four year prison terms. At the same time, Iceland's central
bank is raising interest rates to deal with a growing economy while
Western bankster-riddled economies prepare for another round of money
printing to deal with all the fraud. In the second half of the show Max
talks to Brett Scott about financial activism, a Wikileaks for finance
and collaboration with hedge funds.
Source
Source
Max interviews Nomi Prins from nomiprins.com. It is the size of a bank
holding company's deposits that dictates the extent of the risk it
takes, risk 'models' not withstanding: the more deposits, the more risk,
the more potential loss. And the more access to other people's money,
the greater the gambling incentive. The largest banks hold deposits
(people's deposits) hostage in the global game of financial warfare.
Related access to capital and bailouts are enabling weaponry in the
fight for worldwide institutional supremacy.
Source
No comments:
Post a Comment