Max Keiser on Bankers Bonuses Face Off – 27 March 2009

Max Keiser: ….they (Goldman Sachs, JP Morgan et al) are systematically undermining the entire system. They are creating a mechanism to carve out equity and capital for themselves at the expense of society at large.

So in the United States, unemployment is skyrocketing. The uninsured is skyrocketing. The social fabric is coming unglued. You have riots all over the world…in Iceland and other countries due to this financial terrorism that was pre-meditated, on purpose and should be addressed as such.

There is a double standard. Why is the US pursuing so-called terrorists in nations like Afghanistan when they let these guys roam free on Wall Street? They’re the worst criminals of all – they do far more damage.

Interviewer: Let’s leave Afghanistan out of this…

Max Keiser: But why? It’s a great source of poppy and heroin which fuels a lot of these bankers bonuses. Let’s be frank about that.

18 Comments

  1. Dear Catherine: As a side thought: Are you aware of any results from the March 23-24 Meeting/Seminar/Workshop held in Washington DC and organized by the WSJ and George Soros?? Mr Robert Pickle CEO of the International Swaps and Derivatives Association among a number of “dignitaries” attended as an honored guest/speaker…Otherwise, between Max’s constant ranting about the ‘FINANCIAL TERRORISTS” and your correctly naming this a “financial coup d’etat”; besides decentralizing is there a law enforcement organization that can be called upon to bring civity to our forelorn country…and bring indictments as with Bugliosi’s idea that the Bush Cabal can be indicted by state or local DA’s??? Clearly Gov. Cuomo is not the “Sheriff of Wall Sreet” as you so clearly illustrate his prior work during his HUD/FHA days as written about in your website was less than pristine..Well keep up that pleasant effort onward, Richard

  2. Richard:

    I have not seen any results. If there are any reports you can point to, particularly transcripts, delighted to take a look.

    The strongest possibility for enforcement action is state and local legislators and district attorneys willing to act against federal encroachment.

    Check out the Feds vs. States blog post,

    Catherine

  3. Max Keiser just blows me over with his in-your-face candid responses which stun the consensus sleep walking majority. I just laughed and laughed as he spoke truth to people and power. When I showed his previous work from Al Jazerra to my fund mangers I teach about issuing a fatwa against Hank Paulson – they just laughed so hard… because he was saying things no one else dared say. And here, decapitation! Just totally rightously funny and that’s what we need when dealing with such a grave problem. In my book he’s up there with Stephen Colbert… Enough said.

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