Max Keiser Episode 393

 In this episode, Max Keiser and Stacy Herbert discuss the risk of toxic derivatives, annoying neighbors and Glenn Beck’s ‘libertarian’ paradise. They also examine the belief that markets can predict stock prices, which they can’t. Unless they’re rigged, which they are. In the second half of the show, Max Keiser talks to Nick Dunbar, Bloomberg journalist and author of ‘The Devil’s Derivatives’ and ‘Inventing Money,’ about the M.C. Escher painting that is the global derivatives market: Bankers are trading an option on an option that is a bet upon a bet, upon which there may be no collateral. 

Categories: News mix

Tags: , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: