Nomi Prins: Banks are like "Government-Sponsored Mafias"

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In this episode of Capital Account, we speak with author and former Goldman Sachs managing director Nomi Prins about revelations from the bank of international settlements that notional OTC derivatives have now reached all-time highs of 708 trillion dollars. This is over 100 trillion dollars more than the notional amount 6 months ago. We also ask Nomi about recent revelations that then secretary of the treasury Hank Paulson provided inside information about the nature of the government's soon to be intervention in Fannie Mae and Freddie mac to a select group of hedge fund managers and friends. Take this with the ever unfolding scandal of Jon Corzine and the missing billions from MF Global, and you have more signs of crony capitalism, fraud, embezzlement and insider trading everywhere.

Category:

News & Politics

Tags:

• Capital Account
• Lauren Lyster
• Demetri Kofinas
• Nomi Prins
• RTAmerica
• RT
• Markets
• Finance
• Economy
• MF Global
• OTC
• Derivatives
• Hank Paulson
• Fannie Mae
• Freddie Mac
• Jon Corzine
• American Airlines
• BIS
• Case-Schiller
• Housing
• mafia

[random69ism]

Paulson should be shot for treason

[phliperphil]

and this basterd corrzine should be hunted down there has to be a way to put this peice of dung away I mean this fuck is getting away with murder and worse he destroys peoples lives for fucks sake wake the fuck up americaanothe rgangster banker getting away laughing his head off at all of you flipping you the bird while he drinks champagne and smokes a big fat fuck you sall cigar

[AAAAAAAAA3170]

This are her last words: "Please listen to me, please help me. Ladies and Gentlemen, listen to me. San Paolo Bank has hidden my bank accounts, all my money has disappeared. In September I have tried to suicide and I am still alive thanks to Damiano. How can I make sure justice is done, no one helps us, everyone turns the back on us, why? why no one help us, me? I don't understand why you don't help me. What do I need to do to get help?" How can i hope and beleve?

Damiano Nicastro – RAGUSA

[HornSpeakersSuk]

HAHA I love how the camera pans up on her legs =)) They should do some 'flying' type cam moves where it zooms around on her mouth speaking, down her cleavage, panning out 2 her ass from behind as they talk - now THAT's informative NEWS! =D

The little necklace is a nice touch. She loox way better than B 4.

Starting 2 remind me of those Mediterranean news shows with the chix talking & their tits all hanging out & stuff = awesome.

[HornSpeakersSuk]

@DforDIckhead2100 BTW: If typical jews looked or acted like her, nobody would care. Fact is 99.999% (literally) of them R very ugly - like light skinned blax or something, with their chimp lips & slopeheads & corresponding complete lack of N E morals or empathy whatsoever. It's genetics. This chik actually loox more Spanish than N E thing else. They're a mess, but nobody is as krap as jooz - true. @ least a black doesn't pretend 2 have N E interest in civilization - only destroying it =D

[HornSpeakersSuk]

@DforDIckhead2100 True, she's a jew shilling around pretending banksters only rob U 'by accident', but WTF does it matter? That'a relatively minor offense considering most white girls would saw off their own legs 2 murder a bunch of innocent camel jockeys who just want 2 do business with us, meanwhile driving America down the drain so they can feel 'righteous' as they rape themselves @ the gas pump & send their kiddies 2 get fingered by the TERRORIST organization known as the TSA.

[HornSpeakersSuk]

WoW Nomi loox real hawt in this 1 =D She should do porn.

[FortitudeOfHeaven]

@DforDIckhead2100 And you're basking in Kremlin propaganda by coming here. Who has the problem?

[DforDIckhead2100]

@33iknow & yours says absolutely nothing...just like you.

[DforDIckhead2100]

@FortitudeOfHeaven She's a Joo whore who stole millions. I'll be grateful when someone tortures her hideous ass after raping her as thoroughly as she's done everyone else.

Morons like you keep these criminal joos in business. At the kremlin & on Wall St.