[KR08] The Keiser Report – Markets! Finance! Scandal!

January 14th, 2010 by stacyherbert

Stacy Summary: Interview with Birgitta Jonsdottir from The Movement in Iceland. (Will post the Youtube version as soon as that is available.) Youtube version is here.

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265 responses so far ↓

  • Award for Iceland President by India for International Understanding

    Iceland President Olafur Ragnar Grimsson was today conferred the Jawaharlal Nehru Award for International Understanding by President Pratibha Patil here today. Patil hailed Grimsson as a remarkable leader with a global vision and a proponent of peace and understanding as she presented the Award to him at a ceremony attended by Vice President Hamid Ansari, Prime Minister Manmohan Singh and Congress President Sonia Gandhi.

    http://in.news.yahoo.com/20/20100114/1416/tnl-patil-confers-nehru-award-on-iceland.html

  • @Y’all
    AAAWWWH… they hate it when they have to come up for air… lets see what’s happenin’ in the http://WWW... Wide World of Wiggle… poor little things caught by the inter-NET… just the usual foolfish, crabs a dolphin… OH a couple of KEEPERS!!!

    Motor Booty Affair (TV promo 2)
    http://www.youtube.com/watch?v=j4qtEo1FY10

  • @Y’all
    AAAWWWhhh…. wagging their little TALES…. ‘well that’s how it goes in the land of no nose’

    Motor Booty Affair – (TV promo spot 1)
    http://www.youtube.com/watch?v=pd1N6Xa8SqQ

  • Oink Oink Oink said the 4 little PIGS.

  • Max correctly points out that the FCIC will almost certainly be a coverup.

    Related to that, Bill Blacks wrote a small piece on the flaws in the FCIC and how they could be corrected(but who would want that? certainly not our politicians):

    http://www.newdeal20.org/?p=3147

  • @gb & y’all

    The Icelanders ancesteral tales show that small can be fierce and dangerous:

    Egil Skallagrimson –

    At the age of seven, Egill was cheated in a game with local boys. Enraged, he went home and procured an axe, and returning to the boys, split the skull of the one who cheated him, to the teeth.

    But he also wrote his first poem at the age of three.

    http://en.wikipedia.org/wiki/Egill_Skallagr%C3%ADmsson

    If anyone can defeat the cheaters, it might be Iceland.

  • Jeremy Paxman is the attack dog of the British state media so obviously he was gonna have a go at President Grimmson but the Icelander rebutted his questions very well. You could hear Jeremy humming & hawing like a frustrated schoolboy in the background as Grimmson explained to him what a democracy should look like. In the end, Paxman really had nowhere to go and the interview was politely wrapped up. At least in Britain you don’t tend to get snarling little shits like Bill O’Reilly & Hannity telling their interviewees to ‘shut up’ etc.

  • Cause the buying up of MBS does notin for them.

    Well, it continues the securitization upon which the entire housing bubble was and is dependent. It undergirds the commercial real estate market which provides a vehicle for jobs. It keeps the spreads low and lubricates the system: the low-mortgage interest rate on loans is supported by Talf.

    It’s everything, of course, Youri.

    Americans aren’t swimming in cash.

  • Given the traditional distrust of paper investments by the 1.5 billion Chinese citizens, and China’s continued economic growth (Fig. 2), god is poised to benefit the most from the expected shift in investment since gold shares most of the “hard assets” characteristics of the real property.

    What an unfortunated typo: you should alert your ‘twitter pal’ , Youri. It read well to me, though, seeing as her assurances about China’s gold appetite are based mostly on fancy.

    “I am delighted to see what China did because some of the real estate in China was getting into a serious bubble. It’s good for China and therefore good for most of us. They need to cool off their economy. They cannot get it too strong but China does not control the commodities market by any stretch of the imagination,” Jim Rogers said.”

    http://www.commodityonline.com/news/Gold-commodities-are-not-in-bubbles-Jim-Rogers-24790-3-1.html

  • Stacy: Actually, Islam limits the number of wives to four. If he wants more, he can convert to Christianity or Judaism.

    And if Tiger Woods were Muslim (and living under Sharia), he probably wouldn’t have cheated knowing the consequence would be death… ; )

  • “Of course, a number of other factors such as an anticipated global economic revival, new investment cash, index/fund buying, a weaker U.S. dollar, concern over labor disruptions, have also contributed to overshadow bearish indications of the copper inventory build-up.”

    Youri: where is that anticipated global revival hiding? I don’t think it’s coming out of Basel Committee where the news is that ‘liquidity buffers”, “capital adequacy ratios”, and new accounting rules for securitization will precipitate a contraction globally in markets.

    A weaker U.S. dollar: this is the seller, eh? Chapman said the dollar would reach 72 before the G20 last November. Chapman was wrong.

  • hey gaspode

    MAX & STACY
    thanks for another great show

    shout it out – RICO, RICO RICO, RICO!!!!

  • the tiger solution isnt religion, its never get married foo!

    think of it, if he wasnt married none of this would of happened. on the contrary, he would be lauded as a stud by guys and a hot piece of man tofu by women. but noooo, just had to get married right tiger? you could of been a stud! now your just a ruined piece of man cad. dont get married! its a scam hatched by hot seductresses like stacy herbert who lure you in with their siren song of financial pimping terrorists!

  • Max, Stacy,
    I live in the UK and sometimes despair of the ‘entertainment’ aspect of news reporting.

    Paxman is NOT an apologist of the bankers. When he retires, British TV will lose one of its few thinking presenters.

    He had Janet Tavakoli and Vince Cable on Newsnight the other evening discussing the first day of the US CCIC – Vince jokingly apologised for the fact the he and Janet were agreeing on everything (Janet was VERY dismissive of the SEC in one her comments) – Paxo’s reply was wonderful! ‘It’s better to have two wise people agreeing than two idiots disagreeing’

    DavidC