The Oracle with Max Keiser - Goldman Sachs, AIG and dark matter (2 of 3)

The Oracle with Max Keiser
Airdate: 6 March 2009 (pt 2 of 3)
Guests: Max Fraad Wolff and Andy Zaltzman
Max blows up about the same old magical 'there is no risk anymore' market blowup

• Category

  News & Politics

[ostinlt]

Stacey is SO HOT!

[sunamori6765]

Fantastic show. Very informative and funny as hell.

[chris credit]

I like truth tellers. "American jobs haven't paid enough for people to live a middle class life in 30 yrs." But seriously folks, he's not only right, but very conservative. Things have been in economic decline since as far back as I can recall-around 1962--the assassination of JfK.Thugs took over our treasury, & we haven't got it back yet;It may well end up taking the return of Jesus. In the mid 60's, min. wage was about $1.50 an hr. With that $1.50 you could purchase a home anywhere in the U.S.

[Hank S]

That guy to the left is british Krusty the Klown.

[asumazilla]

Black hole is a good analogy, because the more you put in the black hole the more it will gobble up, and the bigger problem you will have.

[uturniaphobic]

our only weapon.....the BOYCOTT ...luckily it still works but only if it's used aggressively and consistantly

[poetpiet]

go max, i saw all this coming from years away, was the first to digitize the work of a farsighted guy with a preemptative, a cure, a vaccine (there only ever are mental ones, physical ones distract from commonsensical raising nutritional values): ulrich von beckerath .... i got nowhere thomas greco took over/improved on me but didn't either. you will read him though won't you? focussing on the biggest culprits doesn't get a broad enough base to start disentanglement and emancipation.

[poetpiet]

It is easy to avoid feeding monsters. Give your intuitions and scandals of the day some historical depth max, and good luck peddling real knowledge in this worsening climate. The only valid change on that is the micro version as well though.

[elucidative]

Chop the bankers heads off Max, like they did in France in 1789!

[cooljj82]

Max is calm as always...

[AnotherCuppaCoffee]

oldman Sachs survived by dumping their engineered derivatives early on when they realized they were overvalued, enormously risky, and about to crash. I am sure they continued to sell these "assets" to clients as just the safest buy going.

Spectacular, indeed, the chief architect of the 08-09 crash. For details read "The End" in Portfolio magazine in the Dec 08-Jan 09 issue.

Goldman Sachs is the best liar all Wall St, despite the worthy competition .