Keiser Report №58: Markets! Finance! Scandal!

Posted by The Mad Ape as Keiser Report

This time Max Keiser and co-host, Stacy Herbert, look at the latest scandals of groveling monarchs, democratic politicians calling their taxpayers hobos and stray animals and BP and Goldman as targets of RICO. In the second half of the show, Max talks to journalist Teri Buhl about Timothy Geithner, RICO and more.
Video Rating: 4 / 5

On this edition of the Keiser Report, Max and co-host Stacy Herbert look at the latest scandals of IMF forecasts and commercial banks pawning their nations’ gold reserves. In the second half of the show, Max talks to The Market Ticker’s Karl Denninger about market manipulation and flash crashes.
Video Rating: 4 / 5

This post is courtesy of Robbie the Robot

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>>>>This is every silver investor's wet dream<<<<

50 Responses

orangedac

August 18th, 2010 at 9:08 am

@bigdad06

for a moment, i thought i was the only one who thought so.
pretorious700

August 18th, 2010 at 9:15 am

I know those “royal” brothers can’t help who their parents are, but they really look like the two biggest asshole rich frat boy jerkoffs I’ve ever seen.
1929spectre

August 18th, 2010 at 9:43 am

strongbadXCP ,the so-called royal families in Europe can trace there origins to every ancient people ? One thing is for sure the modern “royal ” family have a DNA link to ancient Greeks far more probable than the modern Greeks ? The Modern Greeks will deny Philip is actually “Greek” neglecting to mention to use the same criteria ,that is blood line ,they would be classified as Turks ,DNA does not lie ? No the Turks are not ancient Greeks ?
strongbadXCP

August 18th, 2010 at 10:08 am

@1929spectre If the British royals are relatives of Greek royalty it is probably the case thatthe Greek royals are basically transplanted northern Europeans and not the other way around. Remember, the last Czar of Russia was cousin to George V and looked fairly Anglo-Saxon. All European royalty is highly inter-married between countries since otherwise they would have to choose between marrying “peasants” and inbreeding, you see? But the mental image you give is funny, haha.
1929spectre

August 18th, 2010 at 10:52 am

Hang on the royal family is half Greek ? Can you imagine philip looking to rob tourists a fag in his unshaven face ? listening to Turkish sorry Greek music .
deanandsha

August 18th, 2010 at 11:11 am

Rico?

Get real.

I have as much respect for max kaiser as anyone else, but lets face it, these guys run this thing.

These people don’t go to jail. They get rich, leave the system a smoldering ruin and are lauded as baron’s of industry. They’re genius’s. The world’s religion is capitalism, which should be properly defined as economic barbarism, and these guys are gods.

Rico, they’re more likely to get rid of RICO than they are to charge people like Geitner.

Man, you know how this works.
fatalmystic

August 18th, 2010 at 11:42 am

what about the monarchs doing NOTHING for the money they get? wake up, lets get rid of monetaryism itself and become equal human beings!
pretorious700

August 18th, 2010 at 11:57 am

amazing arrogance among the US “representatives”……does anyone really think the US government is a benevolent organization with it’s citizens’ best interests paramount?….please
jamerfunk

August 18th, 2010 at 12:32 pm

1st, The Government was not democraticly elected. Its because Cameron (Gay) is a blood relative of the Queen.

some deeper reseach would be appreciated RT.
ydoggbdoggbigG2

August 18th, 2010 at 1:26 pm

this program is completely inane and dumbed down, it makes no attempt what so ever to inform or to enlighten anyone on current issues. why exactly is this on a news program, its basically even worse than fox news, if that is even possible…
teribuhl

August 18th, 2010 at 2:01 pm

@cheneygottagun Teri Buhl is my real name and my byline name. I have never reported or worked for Bloomberg but I have a few jurno friends that do and for the most part respect the quality of reporting that comes out of that publication.

I am a freelance journalist who writes for multiple publications. You can see some of my recent stories at TheAtlantic, Fortune, Business Insider, New York Magazine, and Hedgetracker

Thanks for watching and reading!
mrscambuster100

August 18th, 2010 at 2:53 pm

Obama’s (Zbignew controlled puppet) boot on BP’s throat, Hillary’s (puppet) democracy is not afraid of its people, Queen Elizabeth’s (BP magnate et al) modest royal alotments, Cooper’s (Vanderbilt heir and CIA guy) we are not the enemy….all talking the talk, but not walking the walk. Just making the right noises for public consumption, but like Pres. George Ist said, read my lips, [or watch my hips]….they are on the same team. John Coleman’s Committee of 300 documents all.
TheTopBloke

August 18th, 2010 at 3:26 pm

RT has really improved, and Max Kesier is one of the best.
dontblockmedk

August 18th, 2010 at 3:27 pm

Money property system is ROOT problem.

1. people need food, water, energy, medicine, etc.

2. money systems require scarcity, so they will never create abundance of 1

3. sharing ALL resources and knowledge keeps small groups from controlling everyone

4. we have the resources and technology to provide EVERYTHING for the world now

5. automating the production distribution, frees up humanity to no longer be wage slaves to governments or corporations.

v=YxPPnCW6sMo
v=yPmHaTirnCc
happysplinters

August 18th, 2010 at 4:11 pm

@pretorious700

“clinton chronicles” is something you will enjoy. She traded 1000 Us on the bull futures markets, and turned it into 100 000 in next to no time at all…. either she is brilliant or she knows something. Either way she should have been a trader not a politician!
sticky4rod

August 18th, 2010 at 4:58 pm

the ties between British Petroleum and Goldman Sachs run deep. Peter Sutherland, the chairman of Goldman Sachs International also served as chairman of BP right up until last year,

“Peter Sutherland was chairman of BP plc (1997 – current). He is also chairman of Goldman Sachs International (1995 – current).
sticky4rod

August 18th, 2010 at 5:53 pm

In a world of promiscuous deregulation, oil giants like BP take obscene risks and rake in undreamed-of bonanzas. BP, the third largest oil company in the world, has an annual profit of $14 billion; it made $17 billion last year, and $9 billion in the first quarter of this year alone. BP’s top CEO before Tony Hayward, Lord John Browne (at $11 million a year the highest paid CEO in the UK) was so addicted to profit that he cut safety costs at all costs.
pangallion

August 18th, 2010 at 5:55 pm

@foxbat101 No it doesn’t. The buildings that these in-bred parasites sit in, in luxury from cradle to grave, would still be there for tourists to visit. In fact the buildings would make more money if the so-called Royals were not incumbent in them because they would be more accessible. Also, The Economist did a study a few years back regarding royal visits overseas. It found that in the year immediately after the visit the UK’s net balance of trade with the country visited decreased.
pretorious700

August 18th, 2010 at 6:10 pm

@happysplinters yeah, you have to laugh to keep from crying…The Clintons are 2 of the most corrupt politicians ever. If you do some research into their fundraising history, it will make your hair stand up.
jawada3

August 18th, 2010 at 6:18 pm

dollar’s going down, no doubt about that
foxbat101

August 18th, 2010 at 7:16 pm

the royal family brings in more tourist dollars than it costs.
Peter
happysplinters

August 18th, 2010 at 7:53 pm

hillary clinton….LOL
sticky4rod

August 18th, 2010 at 8:39 pm

In deregulation, oil giants like BP take obscene risks and rake in undreamed-of bonanzas. BP, the third largest oil company in the world, has an annual profit of $14 billion; it made $17 billion last year, and $9 billion in the first quarter of this year alone. BP’s top CEO before Tony Hayward, Lord John Browne (at $11 million a year the highest paid CEO in the UK) was so addicted to profit that he cut safety costs at all costs.
LunkwillFook

August 18th, 2010 at 8:40 pm

just fell in love with Teri.
Not only a hottie, she’s brilliant!
CoolPotatoBeans

August 18th, 2010 at 9:24 pm

i wish there was just a separate account for keiser report instead of being lumped with all the russiatoday videos
cookiekoen

August 18th, 2010 at 10:18 pm

Oops you caught us, here’s some money lmao!
1929spectre

August 18th, 2010 at 11:05 pm

Peter Sutherland, 62 head of Bilderberg Group.
BP. GOLDMAN SACHS INTERNATIONAL CHAIRMAN
Oversees just about Britain’s biggest company, BP, and also chairs the overseas arm of the US’s most successful investment bank. He is a brilliant politician and the measure of his dominance is that BP has taken an age to find a successor. Was Ireland’s attorney-general at just 35, went on to become a European Commissioner and is a financial adviser to the Vatican
mrdthree

August 18th, 2010 at 11:13 pm

Thanks, I finally understand the flash crash: a real customer with alot of stocks to sell walked into a market full of fluff volume built by high speed juggling and discovered nobody was really buying. Fantastic. Now what about the disingenious lot at MSNBC who say somebody made a computer error. BS.
dannydarias1

August 18th, 2010 at 11:24 pm

Keiser is a bit anti-American driven. Sad. But Karl Denninger is one of the best minds when it comes to the economy. The man is a genius and knows his stuff. Even though him and Mish go at it once in a while, they are the only 2 economists that really make sense. Good job Karl and Mish.
acechoice45

August 18th, 2010 at 11:38 pm

@navtel How bout having sex with little boys !!!!!!! America is a modern day Rome !!!!!!!!!
PragmaticStatistic

August 19th, 2010 at 12:32 am

@faylow105 I just checked Dennington’s Market-Ticker blog and the video isn’t there either. There really isn’t much to see in in the video that isn’t shown in Keiser Report no. 59. If you freeze the computer screen shot of the transactions (found at 13 minutes 23 seconds) you will notice Dennington is pointing at colored bars that indicate trades and how one of them is not yet colored.
PragmaticStatistic

August 19th, 2010 at 12:42 am

@faylow105 When I enter the address I used for Dennington’s YouTube video in my Market Watch comment, that had worked at the time, I now get a YouTube comment that states “This video is private.” I also noticed that when I tried using my subscription to the controversial “Sludge Report” that YouTube now lists it as “This account has been suspended.”
AirelonTrading

August 19th, 2010 at 12:47 am

What a bunch of freaking whiners
AirelonTrading

August 19th, 2010 at 12:56 am

Fair orderly market. LOL. Haven’t had one of those in 6,000 years of recorded history. Good lord, Denninger is a d-bag
faylow105

August 19th, 2010 at 1:45 am

@PragmaticStatistic what happened to the “Manipulation” video. is it removed?
PragmaticStatistic

August 19th, 2010 at 2:30 am

When Karl Dennington’s “Manipulation” YouTube video first appeared last week, I put two comments on the Wall Street Journal’s MarketWatch social networking site challenging all the market professionals and investors as to how Karl’s claim of the ultra rich placing phoney high-frequency orders on the exchange with no intent to execute could happen, and I provided Karl’s YouTube video address. Now a several days later, no one from the industry has yet to challenge Karl’s claim.
kuriokazuki

August 19th, 2010 at 2:51 am

@navtel Our politicians (public servants that serve we the people) should also be tracked wherever they go to make sure they are not working against us behind our backs.
pretorious700

August 19th, 2010 at 2:55 am

Let’s drag Orrin Hatch out in the street and give him a barb wire enema.
pretorious700

August 19th, 2010 at 3:04 am

@markinbohol Sarah Palin only wishes she had 50% of Stacey’s intelligence.
markinbohol

August 19th, 2010 at 3:19 am

@jhtrico1850 and Einstein stuck his tongue out like a chimpanzee. the difference between Stacy Hebert and palin is in the message or lack thereof.,
markinbohol

August 19th, 2010 at 3:31 am

ha, well friedman was right about 1 thing. it is not a free lunch. the banksters stole it from the widow’s and orphan’s buffet. but someone paid for it (taxpayers).
bnfox

August 19th, 2010 at 4:06 am

I think drugs should be part of the welfare system – I don’t think anyone should be expected to listen to government horseshit over and over without being high or drunk. The government is obviously drunk and/or high when they come up with their crap.
bnfox

August 19th, 2010 at 4:24 am

@1adadada – indeed! But dude – try and spell his name right. it’s written right at the top of the video.
jhtrico1850

August 19th, 2010 at 5:17 am

She talks and moves her hands like Sarah Palin.
Dreadytube

August 19th, 2010 at 5:40 am

@cabl3guy2012 Man, we are all One Conciousness. There is only One Love..
And I know exactly what you mean!
clearasvodka

August 19th, 2010 at 6:11 am

Dont ya just love the crooks at the Fed? But seriously, when the Fed says there are some problems you know there are massive problems – far beyond anything they are hinting at. For how long did they claim things were hunky dory, when in fact the economy was collapsing. Now they are showing some signs of doubt so you can be certain the final collapse is coming. Default! Default!! Default!!!
cabl3guy2012

August 19th, 2010 at 6:12 am

@Dreadytube … I love Max! (not in that way though )
baihbalm

August 19th, 2010 at 7:05 am

@suzettespencer so do Mexicans… but anyways…
amcanmike

August 19th, 2010 at 7:14 am

MAX KNOWS
jobrien2001

August 19th, 2010 at 8:14 am

LOl @ max’s enormous GDP