Keiser Report №22: Markets! Finance! Scandal!
Saturday, March 6th, 2010
This time Max Keiser and co-host, Stacy Herbert, look at the scandals behind: ‘the owner of Great Britain’ bouncing a $54 million check for a pile of dirt in the Persian Gulf; a currency speculator in Monaco moving currency markets with an ‘accidental Jim Rogers press release’ while Colonel Gaddafi calls for jihad against Switzerland and receives zero market impact; and Alan Greenspan wins major award for causing up global financial markets to explode. Keiser also talks to David DeGraw about his new book, “The Economic Elite versus the People of the United States of America.”
Duration : 0:26:40
Every week Max Keiser looks at all the scandal behind the financial news headlines. This time Max Keiser and co-host, Stacy Herbert, look at the scandals behind ‘debt attacks’ on Spain and Greece; record short positions on the euro and whether Shanghai will be the next financial crisis. Keiser also talks to Steve Keen for an update on the Australian housing market, the continuing deflationary collapse and the chances of unrest.
This week Max Keiser and co-host Stacy Herbert report on the scandals of George Soros and the IMF shaking out the gold market; US bank lending falling at the fastest rate in recorded history; and the trickle up unemployment pyramid. Keiser also speaks to The Market Ticker’s Karl Denninger about CDOs, synthetic CDOs and hiding Greek debt.