Sunday, December 9, 2012

Keiser Report: Hollywood Accounting

Your blogger managed to get some Australian content into this episode of the Keiser Report:

From RussiaToday

Published on Dec 8, 2012 In this episode, Max Keiser and Stacy Herbert look at how Hollywood accounting has turned the global financial system into one in which money and wealth melt like so much congealed snow. And so from Pontiac, Michigan to the Australian outback, zero percent interest rates and jobs that never materialize are the new normal. In the second half, Max Keiser talks to Matt Taibbi of Rolling Stone magazine about banksters who can't recall a single thing about their crimes, including everything from Libor rigging to defrauding monoline insurers.

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