Tag Archives: financial innovation

[KR47] Keiser Report on Toxic Twins – Oil Spill & Cash Crisis

Stacy Summary: This episode, we compare the BP offshore toxic oil spill crisis to the toxic derivatives spill polluting global financial system. In the second half of the show, Max interviews Heidi Moore of Slate’s TheBigMoney.com about movie futures, financial innovation and financial reform.

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Volcker: ATM is single most important financial innovation of past 25 yrs

Stacy Summary:  The senior financiers are absolutely ‘shocked!’ that credit default swaps are not more important.   Ah, they don’t have to worry about the truth coming from an ex-Fed chief.  They just need to make sure they keep paying their stooges in the current role.

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