Keiser Report №9: Markets! Finance! Scandal!

Every week Max Keiser looks at all the scandal behind the financial news headlines. This week Max Keiser and co-host Stacy Herbert look into the disposable workers scandals and the bankers allegedly in the hot seat. Keiser also talks to Janet Tavakoli derivatives expert and author of ‘Dear Mr. Buffett’ about AIG, Goldman Sachs and Tim Geithner’s moonwalk.

Duration : 0:26:26




Comments

  1. poodleinsky March 23rd

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    that sounds like a …
    that sounds like a slave lol


  2. reiser999 March 23rd

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    Fourth, the primary …
    Fourth, the primary reason that treasuries are being bought now is due to the fact that foreigners and institutions are swapping their worthless MBS and toxic [agency] debts for slightly less toxic treasuries.

    Fifth, the so-called profit made by the Fed was outweighed by the fact that the Fed used mark-fantasy accounting rules, and continues to purchase hundreds of billions of dollars in worthless debts nonstop. That directly devalues the dollar.

    I could go on and on and on


  3. reiser999 March 23rd

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    awg doesn’t …
    awg doesn’t understand the basics of bonds or of derivatives, all she is doing is digging herself into a deeper hole.

    First of all an IRS is an interest rate swap not the internal revenue service.

    Second of all bond prices and yields have an inverse relationship, that is a fact.

    Third, it is impossible for banks like BOA to actually own $50 trillion worth of hedged IRS with treasuries as a reference as that exceeds the entire treasury market multiple times over.


  4. reiser999 March 23rd

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    I’ve already …
    I’ve already explained the dynamic to you before. All you do is repeat the same rhetorical talking points.

    Explain why you are a flat earth creationist who believes that bond prices move up with bond yields…………………..


  5. averageworkinggal March 23rd

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    @loser666 – with …
    @loser666 – with all your screaming about HYPERINFLATION, it’s ironic that the Fed’s low interest rate is actually deflating the US economy and inflating foreign markets with higher interest rates from carry trade arbitrage.


  6. reiser999 March 23rd

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    I’ve already been …
    I’ve already been through this again and again. Anyone can scroll down.

    Now Explain why you are a flat earth creationist who believes that bond prices move up with bond yields…………………..


  7. averageworkinggal March 23rd

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    @loser666- right …
    @loser666- right now there is no expense of “printing money” to the money supply since the money supply is declining.
    “Mark fantasy” accounting resulted in the Treasury receiving a non-fantasy $46.1B from the Fed.
    Much of that “worthless agency debt and MBS” isn’t worthless because it’s based on prime mortgages that aren’t defaulting.
    Their default rate is less than 10%.
    Treasuries, as you know, are called “riskless” and “the benchmark.”
    We agree that the Democrats’ nanny state will implode.


  8. reiser999 March 23rd

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    At the expense of …
    At the expense of printing money. They are still on the books of the Fed. There is no market for them. The only profit was due to mark-fantasy accounting. The main reason now why US treasury debt is being bought is due to foreigners selling their worthless agency debt and MBS to the Fed. In exchange they are being slightly less worthless Treasuries. Considering budget deficits in future years, there is not enough money in the world to sustain US debt levels. That is the bottom line.


  9. averageworkinggal March 23rd

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    @loser666 – Those ” …
    @loser666 – Those “worthless toxic assets” brought a record profit for the taxpayer since the Fed earned $52.1 billion from them, covered their typical $6B operational cost, and rebated the net profit of $46.1B to the US Treasury and thus the taxpayer.

    So the taxpayer profited to the tune of $46.1B from those “worthless toxic assets” held by the Fed.


  10. reiser999 March 23rd

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    No, the US is broke …
    No, the US is broke. The US economy has been a gigantic ponzi scheme, all they have done is bailed out the system, with all of the inherent risks in place. So the day of judgment has been postponed, that is it. China is not dying off, they can easily end the one child policy, many in China are already having 2 children now. The sun never sets on the US empire

    Now Explain why you are a flat earth creationist who believes that bond prices move up with bond yields…………………..


  11. averageworkinggal March 23rd

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    @loser666 – …
    @loser666 – demographics for Russia, Japan and Europe show that the global economy is dying off and only the US and China can save it.
    Islamic countries have terrible economies and only oil revenue saves them, and as Islam takes over Europe and Russia, they won’t have oil to support themselves with.
    Russia will run out of oil in a few decades.
    Even China is dying off with its One Child Policy.
    The global economy won’t move on without the US, which is still 25% of world GDP and will continue so.


  12. reiser999 March 23rd

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    Again you have been …
    Again you have been consistently discredited through your own words.

    Now Explain why you are a flat earth creationist who believes that bond prices move up with bond yields…………………… ..


  13. reiser999 March 23rd

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    Loans at ultra-low …
    Loans at ultra-low rates essentially equate to free money. All of the toxic assets being bought by the Fed have no market whatsoever. All the Fed is doing is buying time. You are clearly delusional, the banking system is in zombie status. You can pump all the blood into for a reaction, however all of the fundamental problems will still be there. The banks have been overleveraged for over a decade, they are creating money out of thin air to to sustain the entire economy, including the US dollar.


  14. averageworkinggal March 23rd

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    @loser666 – Free …
    @loser666 – Free money? No.
    They’re loans that have to paid back.

    In essence, the Fed is an Islamic Central Bank with its low Fed funds rate.
    Fedahu Akbar.

    Banks are arbitraging the interest rate.

    The low interest rate is necessary to mitigate foreclosures including commercial RE that could devastate the banking system and the economy.

    Your arguments show that you’re a pathetic crackpot.

    China could easily buy our whole MIC with their $2.4T dollar reserves.


  15. reiser999 March 23rd

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    LMAO, your …
    LMAO, your ignorance is incredibly outstanding. All you are doing now is creating straw-man arguments. Oh, you must be a gold-bug HAHAHA.

    you still have not been able to even counter a single point that I have made, and still have not even answered some most basic points that you clearly have been wrong about.

    Explain why you are a flat earth creationist who believes that bond prices move up with bond yields…………………… ..


  16. reiser999 March 23rd

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    Thy IBs are getting …
    Thy IBs are getting free money from the Fed. Yes they can destroy the dollar, by playing these ponzi schemes in cooperation with the US government and naturally the Fed. Obamacare is nothing compared to military-industrial complex spending, financial bailouts, and mortgage guarantees, toxic etc. You’re a brain-dead fox news watcher, you have no right to comment on any commodity. The global economy will move on without the dollar, or creditors like japan will go broke propping up the US dollar.


  17. averageworkinggal March 23rd

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    @loser666 – the …
    @loser666 – the investment banks will destroy themselves first if they bet wrong as they showed in the 2008 meltdown.

    They’re not free to destroy the US dollar.
    That requires the government to do that.

    With ObamaCare dead now, that breathes new life into the dollar, which is why the dollar is up.

    If the dollar is “destroyed”, so is the global economy, so it’s not going to happen.

    You’re a crypto-Gold Bug.
    You lied that you weren’t.


  18. reiser999 March 23rd

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    *naked shorting
    *naked shorting


  19. reiser999 March 23rd

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    The investment …
    The investment banks are free to destroy the US economy and the dollar, considering how useless and apathetic the average american is. Of course they would also be destroying themselves for the short-term profit of a few.


  20. reiser999 March 23rd

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    The technology …
    The technology transfers supplied to the zionist imperialists were by the western imperialists of course.


  21. averageworkinggal March 23rd

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    118 israeli nukes?

    118 israeli nukes?

    That’s enough to nuke the 57 Muslim states twice over.


  22. reiser999 March 23rd

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    This does not …
    This does not surprise me. A toothless brain-dead fox news watcher cannot even explain a VERY VERY basic function of the bond market.

    treasuries are being bought due to foreigners swapping out their garbage agency debt and mbs that the fed is buying up. Lest we not forget the $100 trillion increase in irs

    Private sector debt was shifted to the public sector.
    By the way japan is a creditor nation, if they go bankrupt they would liquidate their fx reserves crashing the US dollar.


  23. averageworkinggal March 23rd

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    Dear Mr. Buffett, …
    Dear Mr. Buffett, about your $5B investment in Goldman Sachs … the Lawsuits are Coming, you won’t see that $5B again.


  24. averageworkinggal March 23rd

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    The Lawsuits are …
    The Lawsuits are Coming!
    The Lawsuits are Coming!

    Goldman Sachs and the rest of the housing bubble securitizers better run for the hills.

    General Janet Tavakoli is taking no prisoners.


  25. reiser999 March 23rd

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    You are incapable …
    You are incapable of rational discussion. All you do is keep moving from talking point to talking point.

    Explain why you are a flat earth creationist who believes that bond prices move up with bond yields…………………… ..


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