contributed by Lee Camp
As most of you know, the LIBOR banking scandal is rocking the world. Here’s the quickest and easiest explanation you’ll find anywhere. And only three minutes long!
Tag: Goldman Sachs
Keiser Report : Planet Ponzi
In this episode, Max Keiser and co-host, Stacy Herbert, discuss shamed, naive and unsustainable ponzis and the UK’s Metropolitan Police’s Total War on Economic Crime (or at least that committed by the bottom 99%). In the second half of the show Max talks to Mitch Feierstein, hedge fund manager and author of Planet Ponzi, about global ponzi schemes, asymmetric hedging and whether or not hedge funds do any ‘good.’
Follow Max Keiser on Twitter: http://twitter.com/maxkeiser
Gabracadabra Studios 