to the mortgage crisis this is following a yearlong investigation what is this justice or is gerald celente has often said is it just us big bankers getting away with whatever we want we'll ask them that said have we found someone to take on the big banks benjamin lawsky superintendent of the new york state department of financial services he threatened to revoke standard charter's banking license after accusing the bank of laundering billions for iran's financial institutions this is set off what appears to be a backlash from federal regulators so are they going after this new york regulator for doing his job or is the regulator going rogue will discuss plus the lie board benchmark interest rates are no longer fit for purpose as britain's financial regulator also saying the future of other benchmarks for everything from oil to gold to stock prices is also under scrutiny so we ask is there anywhere to invest that's not rigged we'll find out let's get to today's capital account. all right happy friday and i don't know how happy this is for our audience but as i said at the top of the show th

issues to address here let's bring back gerald celente founder of trans research institute publisher of the trends journal to give us his thoughts on this so gerald we hear that this new york regulator maybe he's going rogue maybe he's the first guy willing to take on the big banks i don't know eliot spitzer when he did that years ago or maybe this is a case where someone else is going on i'm curious what your reaction is to this new york regulator well you know i only know what i'm reading yeah and what i'm reading is that the bank had been cooperative since two thousand and ten and has been giving them all the information that they wanted and that was in two hundred fifty billion dollars that was more you know in the in the tens of millions of dollars that is supposedly money laundering again only the facts that are being presented or whether or not there are facts but the information that's being presented and also left a little suspect. just in the sense of what the issue is and as i read about lawsky the the prosecutor they say he was born in the military base and this issue has

that you say can't be fixed i want to talk politics when we get back so we'll have more with gerald celente founder of trans research institute and publisher of the trends journal in just a minute and still ahead you've responded now all answer check out if your comment caught my eye this week and viewer feedback you won't want to miss it but first their closing market numbers. i want. our i want. you to be. a client of american power continues. things are so bad. might actually be time for a revolution. and it turns out that a particular drink at starbucks has a surprising. drives the world the fear mongering used by politicians who makes decisions to break through it's already been made can you trust no one who is able to deal with. the global reach where we had a state controlled capital city school sessions when nobody dares to ask we do our tea question more. welcome back before the break we were talking about europe let's talk about responses to europe from u.s. presidential candidates or their proxies mitt romney's economic adviser recently wrote an op ed in a german newspaper applau

month deadline so when and how does the euro either persist or implode exactly well let's talk to gerald celente who specializes in telling it like it is he's founder of trends research institute publisher of the trends journal and he joins us on capital account now and it is so great to see you you're the perfect person to talk to want to friday to round the week out thanks for being on the show gerald oh it's always a pleasure being on with you you have one of the greatest business shows on t.v. the oh you're so sweet thank you well you're one of the best guest to have on a business show on t.v. so i'm dying to know i just went over some headlines over the last year where people officials newspapers commentators have said there is a week to save the euro there is ten days to save the euro there is three months and to be fair we're still in the middle of george soros is three months prediction so i can't dockum there yet because who knows how it's going to turn out but the question to you gerald is is cut through the noise is the euro doomed to implode or is this salvageable or will we just kee

person i mean sure i'm not a lawyer but i want to find out what gives and we're going to hear from gerald celente who was always always outspoken on these issues about how and why and what needs to change so that there is some sense of justice right laurin thanks for that update that's coming up next on the capital account with laura lister but that is going to do it for the news for this hour for more on the stories we cover check out our you tube channel you tube dot com slash r t america our web site r t dot com slash usa you can also follow me on twitter liz wall we'll be right back here and a half hour see that. news today once again. these are the images are girls in seeing from the streets of canada. joint operations room today. let's. stop and look at the current a bit it's unemployment the national debt bailing governments ask yourself does it really matter who wins with billions created daily you can gamble with your money or turn it into a solid gold brick.