We have a field day dissecting Jamie Dimon’s ‘egregious, terrible mistake,’ the possible insider trading around those so-called mistake and what the Leveson Inquiry may tell us about the SEC’s Mary Schapiro’s ‘focus’ on these oh so egregious mistakes. In the second half of the show Max talks to Nomi Prins, a former senior executive at Goldman Sachs and Bear Stearns and author of It Takes a Pillage and of Black Tuesday, about the problems at JP Morgan’s London trading desk.
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We discuss the alleged meritocracy of old Etonians running the world (into the ground) while the rest of us remain wards of the state – from the President of France to PhDs on foodstamps. In the second half of the show Max talks to John Titus, producer of the new documentary, Bailout.
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“JPMorgan Is Tanking After Announcement Of Shock Losses Due To ‘Egregious Mistakes’
Jamie should have stopped the fraud while he still had a chance!
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Posted in Headlines
We discuss MF Global’s fraud playbook, Jamie Dimon’s give and take, take, take and the fact that nine out of ten tapeworms bear an uncanny resemblance to the JP Morgan CEO. In the second half of the show Max talks to Chris Whalen, senior managing partner of Tangent Capital, about fascism, too big to fail and Jamie Dimon’s problem.
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Posted in Keiser Report
Undercover investigation into Tyson factory farm. Remember, as we reported on the Keiser Report, this sort of thing will be illegal very soon . . . oh no, not the abuse of the animals, but the filming of this abuse and enlightening the factory farmed citizen about what they are eating.
Skip ahead to the 13 minute mark to watch our interview with Andy Stepanian about the crackdown on this type of investigation:
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Rick Ackerman
Michael Hudson Karl Denninger – Market Ticker The Big Picture Mish David Morgan King World News SmartKnowledge GoldCore
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