Tag Archives: papandreou

[KR157] Keiser Report – Financial No-Go Zone

We interview Demetri Kofinas

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Karl Denninger on when an Entire Market is a Scam

Stacy Summary:  Arguments for maintaining the current Credit Default Swaps market argue that the ‘markets’ should be free.   Strangely, the threat of a real market exchange on which to trade these instruments gets met with howls of rage.  If the entire market as it is at present is mired with fraud and betting against what only what a few insiders know is hologram paper based on fictional exchange rates and fake assets, then I say bring in the prosecutors, the exchanges and the light of day.

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