Saturday, December 14, 2013

Iceland jails four 'banksters' in financial fraud case

From RT

Published on Dec 13, 2013

Four former bank bosses in Iceland have been jailed for financial fraud. They were accused of hiding the fact a Qatari investor bought into the firm, with money lent illegally by the bank itself. It went bust in 2008, helping to cripple Iceland's economy.

SGT Report with Jeff Nielson


Sprott Money News with David Morgan

From Sprott Money

Keiser Report: US oil vigil for price of Cold War

From RT

Published on Dec 12, 2013

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss Commie-Pus and the $8 trillion wasted by the US taxpayer in protecting the flow of oil out of the Strait of Hormuz where more than 50% heads to Asia.

In the second half, Max interviews Liam Halligan of about the Chancellor's Autumn Statement and mis-statements, about Liam's forecast for Russia to be the largest economy in Europe by 2020 and they ask whether or not the Iran peace deal means Saudi Arabia is just not that important in a post-peak world.

Weekend Chillout - Turning Back Time

Again this week bitcoin stole the headlines with an epic crash in price, and a less reported recovery, on the back of Chinese market sensitive news. Of course the nae-sayers were out in force, although I suspect they hate bitcoin as they can't turn back time and buy some when it was cheap.