[OTE14] On the Edge with Max Keiser – The Fed, front running, ponzi schemes

August 14th, 2009 by stacyherbert

Stacy Summary: Guest is Tyler Durden of ZeroHedge! We talk the Fed, ponzi schemes, front running and high frequency trading.

To view episode as one file, visit Archive dot org

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62 responses so far ↓

  • @Hynkel ,… cann’t imagine that your love of killing deers gets the girls in ,but i guess that’s another matter ?

  • @stacy and max: THANK YOU THANK YOU THANK YOU THANK YOU THANK YOU MERCI MERCI MERCI GRACIAS and GRACIAS again for shining your big light on this obscure matter, please keep on educating us!!!!!!!!!! Have a nice day!

  • max and tyler! fantasich!

    seems like the the Elves, Dwarves and Men of the West of Middle-earth…are joining forces against the Dark Lord Sauron(s)….

  • this guy is brilliant…max u should get him on your show,,,

    http://www.youtube.com/watch?v=Y7ZN2F_7K7U&feature=channel

    he even mentions Max @ 7:48…..

    of course you may need to do a on site interview:-)

  • an interesting story from Prof Keens website debtwatch [ ' video starts @ 16:39 into video ] the story was about a group in California who last year purchased $29 million dollars worth of bad debt to do with housing then re- packaged and sold it in the form CDO’s to the value of $130 million dollars to speculators betting that the mortgages would fail . the group then having made about $100 million dollars this way ,then gave $29 million dollars to the home owners so the speculators lost. this group is now apparently being sued by Merchant banks. Prof Keen is a bit short on specifics with this story so i have not posted a link but i shall see if i can find out more detail ? one suggested solution to this whole sorry mess is a re-definition of financial assets, but i guess we shall have to wait for the cows to come home first .?

  • @vagabond: “…speculators betting that the mortgages would fail…” Somehow there seems to me that there are a few steps missing…UMMMMMMMM! I wasn’t aware that CDOs could be valued on the down side…it usually took a CDS to “guarantee” the validity of the SIV and then hope that there was a payout when the SIV failed( defaulted)…check again..or find the link

  • Hi Max,

    Great post as always! There is currently a movement to ban high frequency trading gaining support all over the world. The timing of this move is very suspicious to me. As I study socionomics extensively.

    I agree front running is bad as we all lose money, taxpayers included. But I have the counter tendency to view flash trading as a positive in this type of market environment. When the market is crashing or potentially crashing you need liquidity to get out. 1 cent per share Goldman Sachs gatekeeper fee be damned. And if the market continue their elliott wave pattern down down down and there is no liquidity to get out out out then billions of pensioners will lose in the future.

    I know it’s their own fault in many cases for speculating and not getting out now on this false market recovery. But imagine if most people had to watch their investments drop 80% with no chance of escaping the market.

    If I was orchestrating the next phase of the crisis this is what I would do to profit off the market. When Goldman Sachs releases statements like, “Someone with our software can potentially influence markets in unnatural ways.” Or something close to that their public relations department wants common serfs to get upset and attack them. They want to look like the bad guy so they can sell their positions, pull the liquidity rug from under everyone, short the markets and watch the markets burn for a few years and then buy with both hands down on insanely low values.

    Any thoughts would be appreciated.

    Cheers,
    Dusko.

  • Conceptual Continuity for ya

    http://www.youtube.com/user/walstreetpro2

    In his latest vid, HE BREAKS HIS BAT!!!!
    He also has FINANCIAL CRISIS CARDS
    Greenspan looks like he’s the King of Spades… not the Ace of Spades (which is Bernie Madoff)
    http://financialcrisiscards.com/

  • Dear Mr. Keiser,

    I have been a regular watcher of “On The Edge” for a few weeks, and i like it very much. However, I am really frustrated at not being able to understand more than half of what interviewees say on the phone on account of the bad sound quality. For this reason, I stopped watching the August 14th show halfway through. Mr. Keiser, is there any way this can be resolved?

    Best Regards,

    Christophe Douté

  • Waves of Euphoria and The Elliott Wave 2 Trap: Watch Out!

    http://tinyurl.com/lkhu74