Nomi Prins on Derivatives, Banking Mafia and the Goldman Boys Club (11/29/11)

[TheLiight1]

But they still doing it!

Putting derivatives together and selling it to the bright minds, that refuse to study the situation.

You being taken!!!

They don´t care about you!

They don´t care if you know!

They don´t care if you understand!

Thye own you!

[ht3oldnavy]

Hey obama , even though the banks have you by the jewels you still have the power of arresting them under the RICO act. look it up...RICO, I mean really, arent the guys doing this crap done by dirty politicians, crooked CEO's, lobbyist considered organized crime?

[Rock3t138]

Hey Obama, hey US Marine, hey Lawenforcement, HEY HOMELAND SECURITY, MAY DAY, MAY DAY, we are being overthrown through FRAUD. Our nation is being RAPED. This should be illegal to create this debt and hand it to The People. I smell that Dirty Bitch The Queen of England, and her drooling banker terrorists The DeRothschilds. Where is Obama, on vacation AGAIN? Arrest these bakers TODAY, not tomorrow. How dare the U.S. citizens mock occupy while this SHIT FRAUD is happening. Stop the derivative FRAUD

[sabu85]

it's funny that things like future contracts and cds' were invented to stabilize prices and reduce risks...

[TheEricleeparker]

@obamaizmanchurian im watching it at the same time im listening to this

[TheEricleeparker]

can someone give me a simple explanation of what derivatives are?

[onecoolstorybro]

lol why do you hammer the $708trn number if its NOTIONAL. considering it comes out to around 1/50th of that when netted out, its not that big of a deal. counterparty risk is much more of a bigger deal, and making sure there arent other MFglobals hiding in the midst.

[ramjamflimflam]

Our leaders, the robber-barrons and monolithic powers are playing monopoly and using our blood, sweat and tears to fund it.

[BurnIt1000]

Best, most objective financial news program going.

[zentonil]

Great question for Nomi, Demetri!

[MrStevepfi]

Can you do a report on what happen with MF global?

[MrStevepfi]

Appreciate the great Interviews Lauren. Also appreciate "word of the day." Its been awhile since Finance Class.

[optionsupdate]

who ever thought of the see through table, should receive some sort of award

[optionsupdate]

two beautiful babes for one moment I though i was watching fox

[optionsupdate]

how often does the capital account show come on?

[bweazel]

@optionsupdate "Capital Account airs weekdays at 4:30pm Eastern" From their youtube page.

[BellHuey72]

Pappy. Maybe your food's crap - Ever thought of that?

[wooyooing]

I noticed you show the stock numbers in the middle of the show at the time. You might as well show the debt numbers of the developed nations and their GDP. I think it will educate the veiwers what's finance is all about by learning to read a balance sheet. Second of all, I think showing the price of gold, silver and other comondities would be great, too. Overall, stock exchange doesn't deserve this kind of attention any more. ANway, I love your show, you are awesome!!!

[louis12346]

Lauren explain what BTFD means please teacher

[killcraz]

Great show as allways very informative!!!

[PsionicX1]

Another great guest and another great interview. Great questions, great answers. An extremely smooth interview.

[bullshit3118]

Nomi Prins...former director at Goldman Sachs. How much did they pay her to appear as a rebel insider? Oh yeah ok, how many crimes did this woman commit? I love how these former banker types can come into the main stream media and pretend they are on the people's side of the fence. Fence hopper. Thats the vibe here. Why not interview David Corzine?

[klimlib]

@bullshit3118

In that time she was only profesional like many others...now she is only human.

[bullshit3118]

@klimlib That's like saying David Corzine was once a professional...now he's a non-professional chillaxing with 1.5 billion dollars of client monies in the Caymans on his yacht.

[klimlib]

@bullshit3118

OK. I agree with moral appeal, but you can not beat mafia without insiders.

And, abt deleting your comments, Russia have never been champion of democracy.

[PeoplesGeneral]

@klimlib NO COUNTRY is a real champion for Freedom and Liberty... NO COUNTRY AT ALL. Otherwise there would be millions more Native-Americans alive today, and Blacks would not feel the pain of their ancestors being enslaved.

Also, try not to confuse "democracy" (rule by the majority, in which a minority can be oppressed) for Freedom and Liberty.

[johnny771977]

@PeoplesGeneral People have not evolved out of racism, they are still very racist - at the slightest opportunity you will see the mass media glamorising racism, anti-immigrant propaganda, divide and conquer in a sinister way.

The West has madeevery attempt to enslave everybody else with phoney wars and unfair economic sanctions

[bullshit3118]

@bullshit3118 Another comment removed....RT equals free speech news!

[PeoplesGeneral]

@bullshit3118 Try not to confuse your Civic Freedoms with online privileges ... Unless RussiaTodays many channels are part of the US government, they're allowed to do whatever they want as a news company, just like you can delete comments on your YouTube Channel as a private individual.

MSNBC/CNN/FOX would probably do the same thing if you or I posted things there that those channels did not like.

[bullshit3118]

@PeoplesGeneral Ohhhhh what do we have here, a lawyer? lol RT's platform is freedom of speech. However, I believe in natural law buddy boy. Dont wiseguy me like your my legal tutor you pedantic fruitloop.

[email4rudy]

Demetri comments such as "I don't know... I don't know what to say... If it was free..." etc., and his broken and incomplete thoughts is a waste of air time. I'm sure he shines in other episodes, but as a new viewer to Capital Account, I see little value from his opinions.

[RichardRowell1]

@email4rudy Fail

[DinaStrange]

I want her RT reporter job.

[wacabby]

Lauren: Bring back 'Fabio' . He used to deliver you the words in your early episodes. Was he sacked ?

[ThePhilosogamer]

You know what we need; a tvtropes style website for financial terms. I've noticed that every time I watch the Word of the Day, I gain a decent grasp of the financial term, but lose it by the next show. I think this is mainly because most of these words are defined through other financial terms making it somewhat difficult to retain understanding (though the examples help). I guess it's not something that can easily be solved on the show, but maybe someone could look into it. Nice work as usual.

[Maleblade]

Imagine a Bugatti covered with a skin that could display any color or

graphic or video over the entire surface of the car Lauren.

You could change the colour of your car to suit your mood

and occasion in real time.

These cars would be for those who could afford them.

The new status symbols.

[MrTreign]

I have a request. You should have the actual dollar numbers for the stock market as well as Gold and Silver numbers. Great job though!

[natritious1]

@MrTreign agreed! It's pretty weak the way they have it right now

[Quandary121]

Before becoming a journalist, Nomi worked on Wall Street as a managing director at Goldman Sachs, and running the international analytics group at Bear Stearns in London.so what's she doing trying to curry favours Now ?

[ApocalypticAang]

@Quandary121 "Before becoming a journalist, Nomi worked on Wall Street... trying to curry favours Now?"

Oh I see, you are using the same kind of "associative thinking" some people use to "discredit" Max Keiser cos he worked as a Wall Street stock broker-- or Jim Rogers cos he started a hedge fund with George Soros... but as Jim Rogers himself puts it, "You might as well be asking me about my ex-wife..."

Is that the only kind of "logic"--aka "herd/mob mentality"-- that you can work with?

[AllNightDayDream]

@Quandary121 Writing some of the most damaging literature about wall street culture and touring the nation giving lectures about financial reform... Yeah she's just lapping the favors up