market trying to. find out what's really happening to the global economy with mikes concert for a no holds barred look at the global financial headlines tune in to the report on our t.v. . if you're just joining us a very warm welcome to you this is on the line from moscow time for your headlines at the u.n. arab envoy is in damascus seeking a diplomatic solution to the syrian crisis something some opposition groups angrily reject with that foreigner supporters of stepping up calls for military action. a test of will russia's opposition looks to regain its momentum at a rally in central moscow but internal fractures and draining public interest to

leave many on the side. a fierce exchange of fire on the israeli palestinian border moves into its second day with dozens of rockets fired on civilian casualties on both sides it follows the killing of a gaza resistance leader. on optimism about the greek debt write down proved to be premature as athens suffers a fresh downgrade from fitch ratings agency with moody's going even further and declaring greece and perform. well writes her next one i'll see the scandal surrounding greek debt is explored by our financial guru max keiser and his co-host stacy as i promised a cause report is now. this

is the kaiser report trickle down. in the toll booth. stays here over yes max who are seeing financial crimes all over the place right well the feds have apparently acted they are able to act six charged in federal crackdown on hacking by anonymous a little sex groups so who we know of a little second member admitted to hacking sony and also the computer system used by fox broadcasting company rupert murdoch's news corporation according to u.s. authorities so sabu and these other defendants face as much as one hundred twenty two and a half years in prison according to the judge involved in this case yeah well what

about the hackers who hacked into m.f. global accounts but what about the hackers that hacked into the live or business multi hundred trillion dollar business they hacked into a book called the search they hacked into greece destabilize the country were the penalties for these people exactly because all these guys are charged with most of these cases in the sony and fox case that they just basically took down the site and they took some e-mail addresses and passwords ok that's the extent of it now some who got involved with the feds the f.b.i. and with them apparently it looks like from the time line that they in fact hacked strout four and then the feds. encourage them to use the credit card information they stole and use that to purchase seven hundred thousand dollars on these credit cards so that is a financial crime but a seven hundred thousand dollars where are the same thing where is rupert murdoch in jail why isn't he facing one hundred twenty two years because according to u.s.

attorney preet borowski are said in a statement the six defendants and their own identified coconspirators weaved a deliberate campaign of online destruction intimidation and criminality as you and i covered in our episode about the data and just real complex this is exactly what rupert murdoch's enterprises does but get a live for hackers that they they're going to seek a remedy where they have to give back the money they stole that's it the profits they need ok so here you have this hacker group apparently they responsible for missing seven hundred seventy thousand dollars so the penalty should be they give it back right exactly all they're profiting from it ok so where is a double standard if the double standard is because the hollywood industry the m.p.a. the r i am they have millions hundreds of millions of dollars i work for a lobbyist in washington the consumer protection bureau the consumer protection law because protecting people from pro three bankers than anybody i work in washington

so you could you see really clear how the the laws are written by the lobbyist these people who are for the copyright cartel they write the laws that put this guy in prison for a hundred years under twenty years the people who hacked into libel or goldman sachs hacking into greece and the global you being hacked into by j.p. morgan of those laws or were they write the laws for themselves where they simply get paid maybe a little bit of a fine they don't have to say whether they're guilty or not and everything is ok dort and you mentioned m.f. global hacking into their client funds remember we covered that as well and e-mail shows that. it was a hack it literally was a hack that happened of a segregated accounts the transfer of millions of dollars from a segregated account to j.p. morgan and it happened with the approval came within a minute the cons were deposited within fifteen minutes how is that not a hack but is it except as with a couple of martinis down harrison and over after work and you know they cite ola

we need to hack a hundred million dollars one hundred fifty million dollars or three billion dollars cierra cheerio joe ok so i mentioned that sabu has admitted that he hacked sony so sony and anonymous are in the same headline here p.s.v. ad fons anonymous as atari teenage riot donate three so sony has inadvertently found itself funding freons org after band atari teeny dry agreed to one of its tracks being used in a p.s. the marshall but still needed fifty for the anonymous legal support group so alex empire of atari teenage riot has some history with sony with i'll go over in a moment but he said he couldn't resist suggesting track black flags when the japanese company came looking for music for its new v to advertising campaign the song contains multiple references to anonymous and has been used in several occupy wall street promotional videos but the other flaw in the black flag is pirates versus the old hottentot and the potentates of the copyright cartel and this is

what these to be supported because the packer groups the piracy groups they are filling the void thus been created by the legal infrastructure collapsing in the face of lobbyists who are working on behalf of monopolist undercutting competition partners and pirates are providing much needed competition for the economy to grow and words the response from the central banks of the other banks is to just increase the debt load to make the economy grow that's also make the economy grow makes the economy shrink hackers and pirates are the true g.d.p. posters they're the ones we should celebrate those capital second. there are the arrows that i wanted to turn to this blog posting from alec empire of atari teenage riot he's explaining why it is that he was going eating his fee to protecting and defending anonymous operatives who were arrested he said my name is alex empire and i am from atari teenage riot if you are new to my news they call me as a person you might not know that i had some beef with so many in the year one

thousand nine hundred nine over a camcorder advert in southeast asia a track of mine was basically used against my permission if you ever tried to fight a corporation like this in court and in another country let me tell you you want to do other stuff with that time and money even though the thing that settled in court kind of i never felt they paid what they owed so sone corporation was able to hack this man's music take his stuff and use it on an advertisement and then he had to go through all the huge costs and emotional turmoil of trying to take them to court and yet had he done the same to them as did the story teenage riot alec empire would be facing one hundred twenty two years in prison right what year for the sony corp another in the copyright cartel is that they're for artists they're for the music they want to help these people but in fact now the artists realize that they're not helping them they're helping to destroy them another fighting back using the tools of hacking piracy and the online digital revolutionary tools to

fight back against these pernicious ugly monopolist cartel purveyors like sony and others in the industry and they're not helping artist they're anti-party. artists let's get that clear holywood hates artists and lists are able to exploit them and take all the good money without giving them anything in return now we're going to turn into a band fighting back against these tollbooth operators who are using them as propaganda to try to tell the world that we need these onerous copyright laws that we need the feds chasing down people around the world. ordered to defend the young artists right band tells fans to boycott its albums saying its label doesn't pay this is streetlight manifesto their music is off and they're going to be on the kaiser report soon and they said we're writing today to ask you to please boycott all streetlight related items by not purchasing any of our records or merchandise from victories website victory records and the traditional cd stores online third

party retailers or any digital distribution service like i tunes amazon except for a victory has a long time reputation of pocketing all of the proceeds from the band's music and merchandise with shady accounting and generally bulliest behavior if you want to support street like our music and our ability to tour and continue to release music please make all s.m. related purchases from our own web store at the risk store r i s c store dot com or come out to a show and buy a shirt or cd from us directly right through but manifest realizes that they're fighting a copyright blockade there are this they want to get paid but the copyright blockade the copyright cartel is making that impossible so they're going to go around the blockade and we should support all of these bands of all these artists to totally destroy the copyright cartel copyright law as it's currently iterated lifetime plus seventy years is immoral and it's completely economically unfeasible and these

people these bands these artists are going to take on the copyright cartel were totally supportive and just as alec empire of atari teenage riot was when he was confronted by people who said oh you're just doing this in order to sell more c.d.'s he said no i'm not here's a link to the bit torrent of my song if you want to go download it ok and the same with streetlight manifesto they and speaking of bit metaphorically there is a torrent of methods to accomplish listening to our music and google is you're always. loyal friends brought the torrent marketa you know we talked about louie c.k. is an artist in new york a comedian who put his concert up on a torrent for free download and asked for people to donate and he raised over a million dollars because there's a huge pool of capital out there it's called crowd funding which allows people to help get around this copyright blockade being set up by the m p a r i a friendly

stooges in los angeles and washington now again speaking of authors here's a story we're also going to be speaking to some of the people involved in this bathrooms strike back against pay pal censorship of smashwords smashwords is an online e-book retailer and they basically allow anybody to upload their own content and sell their books now there's a section of erotica which you know might not be in everybody's you know they might think it's a bit too racy or whatever but smashwords in an e-mail to the subscribers explains that pay pal has asked them to take down two thousand titles from the erotica section and they said we believe it's wrong for credit card companies banks and other financial institutions to censor legal fiction we believe the censorship is targeting a small subset of erotica fiction the same censored themes are prevalent in much mainstream fiction we believe it would be unfair to authors and readers alike for

any organization to censor what writers are allowed to imagine or readers are allowed to read if the pay pal restrictions were taken to the extreme many mainstream classics including lolita or gone with the wind could technically be banned even the bible could fall under the net since it contains scenes of rape and incest right remember pay pal was one of the first to jump in on the wiki leaks blockade which shut down funding for wiki leaks and shut down a major voice of independent voice freedom of the press and this was unbelievably. immoral and completely out of their men. date as a corporation and now they've extended it to just cherry pick items that they like they don't like this is erotica next thing i'll be saying well this author you know we don't like the his syntax you know we get frank rich from new york times review the books he doesn't like it so we're not going to be able to provide a paper this is why alternative currencies like bitcoin are on the rise because again it's a way to do a work around around the blockade by this fascist pay-pal nonsense and i want to

cut to the final hacking story here goldman secret greece alone shows two centers as a client unravels greece's secret loan from goldman sachs was a costly mistake from the start on the day the two thousand and one deal was struck the government of greece owed the bank about six hundred million euros more than that two point eight billion euros of power rode by then the price of the transaction a derivative that disguised the loan and that goldman sachs persuaded greece not to test with competitors had almost doubled to five point one billion euros but so greece blew up twenty five percent of greek g.d.p. in one day and one day it was it accounted for twelve percent of goldman sachs its profits that year but this was greece is nine eleven the day they met all the sacks it was them packing the sovereignty and the future of the nation of greece

penalties no martinis yes safe never thanks much mail because a report thank you max don't go away much more coming away so stay right there. critique three. months three. three stooges three. three vote. for your media project radio don carty dot com.

welcome back to the kaiser report signed now to go to new york city and speak with journalist kerry bull of cherry bull dot com jerry is crowdfunding for next big piece of investigative journalism terry paul welcome back to the kaiser report hi max it's great to be here right terry bull you're a journalist who has called a list of many major publications in america and your latest piece is being crowd funded why you know max say to say that it was time to ask the readers what they wanted to see and pay for. this is my first time to try to crowd find a story and it's been an amazing success i have the chance to choose my own editing style and the way that we're going to present this story based on reader feedback so we're going to focus on a new canaan traitor who was once banned by the f.c.c. and the c f t c who's now doing some maybe shady operations overseas and

we're going to look at how that money we're talking millions lot to lots and millions how that money is funding his alternate sex ok so the title of the piece is swinging new came in and it goes by the civil swing it's on my film dot com if people want to help dissipate in crowd funding earpiece so get into some of the particulars here it sounds pretty sexy. let's just say when i tell anyone. about the story that they just want to hear more of this this story first started though when mitch basque was the new canaan trader when interned in his personal assistant his go friday gal right for stealing one hundred seventy thousand dollars from. she was arrested two she's currently charged on some felony charges but when she got caught she told the new canaan police you know he was

actually paying her to sex with him and his living girlfriend pianola chiasson panelist the sister of pain inside trader who's now in jail daniela chassis so we first saw this story and it was reported i think the headline was like sex and checks right and i noticed that there was probably something a little off about the traitor story. so we're right now what we're looking at is who's telling the truth does she really steal was the paying her first expert three somes and you know he just doesn't want to admit it what what else is going on here and how is money used is a line to the new canaan police this story was highlighted by john carney at c.n. be seen net net early january we i had i don't know fifty thousand unique viewers read it within the first twenty four hours and from there it's been about more people this kept reaching out to me within the community people who had sued mitch's as close overseas expression and beliefs because they believe that as

a client of a trading operation g.c.i. trading that they they've lost their last thousands of dollars. there's x. assistants who have come to me. political leaders in the town in new canaan are reaching out and talking about the situation and we looked into you know what's really happening here how long has this been going on how long is this bedroom wall street wealthy community even having a very active swingline right let's put this into context or because people assumed . all of the chicanery in the financial markets and banks that occurs on wall street but people don't understand is that actually wall street for the most part are order takers the real movers and shakers are the hedge fund guys in greenwich connecticut in new canaan in this hedge function unity so this is why i think it's important for people to understand that these says fund guys when they're not ransacked in greece we're not destroying the american economy we're not destroying this a pallet when they're not you know acting outside of the last stealing money from

customers of m.f. global they're out there and came in they came in connecticut ordering threesome sobbing orgies you know living it up like rome or something like this tell us about . your investigation now the subject of the investigation is trying to silence you correct how they've done this you know you're right. at the end of january max niche bound squares hired a famed greenish lawyer whose name is mark sherman his father used to represent the mob unfortunately his dad also played guilty to tax evasion he didn't pay a million dollars in taxes so so he hires this kind of you know in between the grail lines attorney and they sue me and c.m.d. see phoenician. they decide thing else really rare in a legal move they do something called a temporary injunction and the goal there was that mr grass close thought he could just stop me from writing anything else about him while this case which will it

will take months to litigate he's moving forward they also try to get him to take his names out of the story in something called the google tag so he wouldn't come up in a search and we're sorry it just goes to the foundations of free speech to stop speech before speech has ever been decided that this speech isn't ok but it is called the harvard digital media law center and they jumped right in immediately they were wonderful it did take about two weeks but they found me a top of the way or pro bono which means. for free to represent me the lawyer carroll head is from being him and she also helped to represent the boston globe when michonne his attorney mark sherman found out that i had this talk lawyer they gave before the hearing for the temporary injunction they pulled it they ran away. they're still suing me and c n b c three defamation which is interesting we deny all claims i don't think anything i wrote is libelous considering make himself

admitted to the charges that the c f t c the the currency and commodities regulator and the f.c.c. securities and a stock regulator who both beyond him for five years he's image to these charges but he's upset i wrote about it i think he's really worried about what's coming next and he's worried about the current four x. business that he's operating in somewhat third world countries preying on mom and pop investors who think they can get rich off of trading currencies with his firm he sightings are allegedly siphoned off monies from these accounts you know and i can't tell what he's afraid of i'm i just keep getting more information and he's got a nasty divorce there's drugs involved i mean you name it luckily you know i have some great excellent legal representation and with the help of my readers you know we're now able to start new donations coming in to help make sure that the story is

going to move forward and it is i'm going to print this story no matter what mitch mouth about us was charged to do so the harassment that you have been suffering it sounds like very similar to slap cases p.-p. whereby powerful interest silence bloggers and critics to burning them with legal bills it's been very effective in silencing those reporting on financial crimes your thoughts well you're absolutely right unfortunately in connecticut where i live the slop laws are not that strong if this is. had been stealing california i likely would have had a lot more legal rights to go and sue mitch back for a probable this lawsuit i'm not in that situation right now unfortunately thank goodness. since i since i have pro bono and free legal representation mr raz cuz will not be able to stop this story by burning me with legal bills he might try to scare and intimidate me all right now terry the story you're currently investigating of course overlaps with the story of

a senior banker at morgan stanley from connecticut who has just been charged with hate crimes tell the audience about his bizarre crime and how he relates to this song in new canaan story you're working on well mr jennings who is the managing director was he's on leave now i have morgan stanley. in december he got a cab ride home from new york and he didn't think that he should pay the fare that the cab driver told him that he needed to pay and according to the police reports he started to slur an enormous amount of racial. words at him the cab driver drove off tried to go find a cop and allegedly mr mr jennings when to stab them almost in the neck it's unclear he put his hand cut his hand it's all stabbed up so there was a soldier there's a larceny charges and there's there's someone of a hate crime angle here. jennings it's interesting you know he lives down the

street here from us maybe five minutes away from me to pass close house he chose an attorney who i understand is his next door neighbor jean. serrie has just come out major prostitution ring has been broken up in and apparently senior bankers are involved in paying for sex for minors and if you've been tracking this story at all does it relate to swinging in new canaan the projects are working on now you know i did i just see that come across my radar so far in this story we do not have any situation. with miners involved in the swing scene. what i what we are seeing and i you know i don't want to give away everything of this amazing story that's going to come out but there are questions about some of the adult participants if they are. if they are being drugged or if they're of sound mind when they're involved in this party so they he tries to manipulate them to get them to participate well you look at some of their clients some of these firms like

greece a client of goldman sachs you wonder whether goldman sachs drugs before they took on some of these onerous products and it just totally bankrupted the country now finally we've got a little of terry your own investigative journalist here you're right in the belly of the beast up there in the hedge fund community in greenwich in new canaan where really the the movers and shakers of the global economic crisis live and breathe they're involved in scandalous sex capades that you're covering it's quite a testament to the moral depravity of the characters and your so now crowdfunding the project is swinging in new canaan it's on my film dot com it's more than two thirds funded already on the exchange it happened within a few days because a testament to your pull your drawing power out there in the journalistic community do you think crowdfunding well as a potential to change the way investigative journalism is funded i hope so max i mean right now what we raised two thousand dollars in the matter of three days when

you know thousand dollars more. because because of the money that we ways really fast i was able to get nick for bits of blue chip films who's the director of the bear stearns movie called confidence again he signed on he's excited about it and i think we're going to build a blow up in a story like i've never been able to write it feeling on a corner new york magazine or fortunate forbes any of the publications that i've written for i think this is going to be visual tells and it is going to change the way that we look at a you know how can we get news out. it is true and interesting to our readers base as they go right out of time terry bull journalist the terrible dot com thanks so much for being on the kaiser report. all right that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i want to thank my guests terry pool of terry bowl dot com if you want to reserve shares in your new projects playing in new canaan check out my film dot com going to send me an email please do so i kaiser report of r t t v are you until next time x.

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