Episode 320

In this episode, Max Keiser presents a double-header with co-host Stacy Herbert to discuss crime and punishment in the financial sector. In London, JP Morgan banker Tony Blair has responded to the Keiser Report with his claim that hanging 20 bankers will not help and that, in fact, he asserts public anger over the financial crisis is misplaced. They also discuss the “blazer over cuffs look” being the new black this season as Sean Fitzpatrick is arrested in Dublin. Meanwhile over in Pennsylvania, Joe Paterno’s statue is draped in blue tarpaulin and hauled away as bond investors punish the university with higher rates and Moody’s threatens a downgrade. Finally, in Los Angeles, victims of vandalism are shocked to discover that it was a senior UBS banker who was smashing windows with a slingshot.