In this episode, Max Keiser and Stacy
Herbert discuss foul mouthed foreigners with banker tourettes in
Singapore, while in America, traders at Barclays send each other
expletive-filled emails admitting to manipulating energy prices down in
order to have their big bets on declining prices pay off. They also
discuss financial activists creating a rolling jubillee reverse vulture
fund designed to liberate the population from unpayable debts. In the
second half, Max Keiser talks to Teri Buhl about the investigation into
fraud at Sun Trust Bank where whistleblowers allege the bank mis-sold
mortgages to Fannie Mae, the government sponsored enterprise. Max and
Teri also talk about recent developments in the case of residential
mortgage back securities fraudulently sold to investors by JP Morgan's
Bear Stearns holding and Teri proposes a million man march on the SEC
and the NY Fed.
