Published on Aug 13, 2013
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the Fatberg of Fraud clogging up the global financial system and JPMorgan's role in depositing the wet wipes of financial products into that system. In the second half, Max talks to Rob Kirby of KirbyAnalytics.com about Mark Carney and his merry band of bankers as the Lone Ranger box office disaster, they've all made their fees while the shareholders and stakeholders eat the losses. Kirby also predicts lower rates due to central bank intervention via Interest Rate Swaps and Forward Rate Agreements.
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