Episode 475
Max Keiser and Stacy Herbert discuss vertically integrated trusts in the commodity markets which need to be busted up a la Teddy Roosevelt. They also examine Goldman Sachs’ low frequency trading in Detroit and the ‘market making’ excuse for the aluminum scandal. In the second half, Max talks to Mitch Feierstein of PlanetPonzi.com about the debt fuelled faux recovery, discount rate desperation, Jon Corzine rolling off the page with $1.6 billion in customer funds and the Brezhnev of Wall Street.
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