Saturday, September 14, 2013

The Keiser Report No. 497, "Deja Fraud" -- 2013 Sep 14 SA

This time Max and Stacy report from the heart of hedge fund land in Stamford and Darien, Connecticut, where they discuss the deja fraud of highly leveraged markets five years after Lehman collapsed and the nonsense job economy in which highly trained engineers spend their working lives dividing one simple mortgage into thousands of pieces of complex derivatives like piles of stinky fried fish. In the second half, Max interviews Jim Rickards, author of Currency Wars, who compares the Fed relationship to the BRICS nations to that of a drunk driver who runs down pedestrians and then blames the pedestrians for being in the way.

Audio file link: http://www.sendspace.com/file/85itaj

You can watch the video online at: http://youtu.be/iSntUK8oCWg

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