j.p. morgan by summer class trippy morgan by sober it's been two years since the first dedicated episode of crash more. max keiser that is true it's crash j.p. morgan by silver that's the famous image that went viral around the world we started that two years ago max why morgan my silver but because it was the ability to hit them where they are vulnerable that's the point is to kick them in the teeth just like the death star remember they had a vulnerability luke skywalker flying in and it blew that's what we're doing so here is our vulnerability you took it off the market the chrome ball like a cheap suit and the other point being is twofold first of all last episode we talked about the fact that there is this real world that you and i have to live in and then there's the over the counter derivatives dark pools and black pools and all sorts of stuff that they get to operate and and control the prices manipulate the prices up down whatever way they want whichever way will be most beneficial to th

and here with j.p. morgan there queen is a massive silver short position that they use to manipulate prices. money hire and of course the queen in this case also refers to blith masters who in london is responsible for massive fraud and they keep the price of some artificially but as a result they're losing the london whale and what in the u.k. the result of protecting their queen of their massive silver shore position there of involvement in massive been raiding money laundering drug smuggling that's also an attempt to protect their queen of the massive silver shore position and of course we're going to lose this game of course we can't talk about crash by silver without the numbers of how large their short position is and this is was crucial to the launch of this campaign was rob kirby from kirby analytics he's also with gatorade the gold antitrust action committee and i think maybe we should talk to him that good debt rob kirby it's two year anniversary of the crash if a market by silver campaign tells what

in new york along with goldman sachs but thankfully j.p. morgan involved in the m.f. global scandal involved a numerous accounting fraud scandals and involved in market manipulation scandals contrast that of course with barclays and h.s.b.c. here in the u.k. where the government here in britain seems to be getting a little bit more proactive in a least paying some lip service to trying and brain in these. terrorist bankers here's my question francine mckenna given this regulatory arbitrage given the fact that wall street outsources its fraud to the u.k. for the most part and given the fact that the u.k. is now downsizing is there a bit of. let's say a purposeful attempt to buy wall street. to don't pull out of the stuff in the city of london as a way to competitively drive the city of london down you know. it's very competitive cross-currents along those lines i see what you mean i'm not sure i think that unfortunately the bankers here in the us but on romney and that that was really really really wrong now they're going to have to deal with an obama that's reenergize

global side certainly the banks are still under scrutiny when i wrote about j.p. morgan at the beginning of january of last year and said jamie diamond will lose his job by the end of the year i never even anticipated the whale trades let alone everything else that they're being investigated for now including anti money laundering libel or you name it jamie diamond has to defend himself against so many other regulatory issues that bankers in europe have lost their jobs over why is he still in his job yeah i want to ask you about this cross atlantic regulatory arbitrage if you will you've got jamie dimon and j.p. morgan in new york along with goldman sachs but principally j.p. morgan involved in the m.f. global scandal involved in numerous accounting fraud scandals and involved in market manipulation scandals contrast that of course with barclays and h.s.b.c. here in the u.k. where the government here in britain seems to be getting a little bit more proactive in a least paying some lip service to trying and brain in these. terrorist bankers here's my question francine mck

now this is the first time j.p. morgan is really coming out and absolutely saying yes yes he's been investigating us you and i reported this the day my first story broke at the. january twenty fifth two thousand and eleven you put on your web site that the f.c.c. would investigate this and they are what's really interesting here is how the settlements going to work right i mean is probably only going to be for a few hundred million dollars and considering the new york. sued them for twenty two billion. dollars that it's just a joke i mean that's a sneeze if if they put this money if the f.c.c. there's some sarbanes oxley you know act actually set up something called the fair fund so the the f.c.c. has a mechanism to take this money that they get from j.p. morgan ok and put it into the fair fund which would direct it back to the mortgage backed security trust and then it can be doled out to investors now if they just put it into the general fund i mean that's just like i don't like all the mana lines who did all the discove

so you know you came up with the slogan crash j.p. morgan by silver and i want to look back in history because actually these sort of slogans have actually achieved major major success and that was stop the duke go for gold and john butler of m four capital who we recently interviewed on keiser report he's the one who first in lighting dust to this movement this was a campaign started by the middle class of britain prior to the eight hundred thirty two reform act which saw basically the house of commons reforms more representation given to the new industrial cities and less given to the what do they call them the rotten boroughs who were very few but the rich live i mean brooklyn. so however it took three goes to get this reform act in there were protests all sorts of occupations things happening but no change happens until some protesters advocated nonpayment of taxes and urged a run on the banks saying stop the duke go for gold one point five million pounds with was withdrawn from the bank of england and right away max this reform act was

actually show the trick gelati of their balance sheet and they're going to see a big coming for for j.p. morgan and jamie dimon let me ask you about their operations and london according to the volcker rule separating proprietary trading from other forms of trading the london whale loss exposed that j. p. morgan was in fact breaking the law is there going to be any attempt to comply with the law going forward or well jamie done a j.p. morgan continue to break the law on the proprietary desk side of things well they they put those proprietary trades what was left of their position in the investment bank where supposedly it belonged but that's not to say that they're not putting on new positions in their investment office whether in london or whether in new york the problem is that there's not enough scrutiny by the regulators or by the auditors of what they're actually doing there why they weren't supposed to be doing that kind of activity and in the investment office and so nobody was looking well now they know so what's the excuse when you have j.p. morgan have to have a financial restatement

has a mechanism to take this money that they get from j.p. morgan ok and put it into the fair fund which would direct it back to the mortgage backed security trust and then it can be doled out to investors now if they just put it into the general fund i mean that's just like i don't like all the model lines who did all the discovery work and found all the with this fraud that's like they're just taking money from them it's ridiculous and if they put it back into the trust since j.p. morgan is not going to be admitting fraud right that would at least be. some sort of a signal to the market and hopefully to some of the federal judge's ruling on this case that yeah j.p. morgan did something wrong and you know it's even sad saturday i guess the wall street journal has some editorial opinion piece that j.p. morgan and the victim here because they were forced to buy bear stearns i don't believe that you know i don't believe that because it's a simple max j.p. morgan was bear stearns clearing agent that means they saw all the toxic mortgage backed securiti

i mean j.p. morgan is twice as vulnerable to the silver shore as they were two years ago we launched this campaign now as i said it was psychological but on part of the warriors of the s.l.a. as well were amber you had that campaign as well somebody took out this billboard in times square five hundred dollars silver if you want to that's right it was john lennon put up a billboard in times square five hundred dollars over it if you want it thank you john so now we guarding this five hundred dollar silver price i think i want to ask rob kirby now we're all but what do you think about this can we take silver to five hundred dollars we're skating we're skating on really say tonight one of these days the ice is just going to break and we're not going to just fall into cold water we're going to fall into a bar and was pissed and you see we can achieve five hundred dollars silver in stream a short period of time if great stuff but in the meantime we're still skating on thin ice what is the ice going to break

by silver the idea being that j.p. morgan has a hedge position naked and silver if you take it off the market you crash the bank they've been right coming back with hundreds of millions of ounces of counterfeit silver contracts to keep the price low but if i were to say a tour that crass j.p. morgan by big coin that's kind of a follow up. your thoughts from their perspective over central banks at least you can you can tell that they are afraid of losing market share they're afraid to lose . you know their prey to be neglected because. they need and they see this explicitly they need the confidence of the people in need the trust of the people and in this latest report they say literally and i quote virtual currencies could have a substitution effect on central bank money if they become widely accepted and of course the same goes for for any money in the world and also any kind of bank libor if people stop buying the riveters if people start trusting their pension funds and saying well i want to be my own banker well today it'

as we don't know you know j.p. morgan celebrates record earnings you know is that because all their record debts are off in this shadow banking system well the cost of actually having cash on the books is prohibitive for a financial terrorist like j.p. morgan so they outsource their cash operations to the repo market essentially is why they report market existed so that banks and corporations can outsource their whole cash management function to into this thing called the repo market which allows them to gain negative rates of interest on their cash or they're making money the more money they borrow the more money they make on the borrowing that they do it's a complete opposite of what everyone else in the world has the experience of borrowing money and being charged an interest if you're a banking terrorist in the city of london you borrow money you get paid to borrow money so of course they're going to be well capitalized because they're being paid to commit financial fraud from oz born cameron obama the whole the whole

that's nothing new there he's already got chronic lateral and everyone who works at j.p. morgan those that do it i mean go five yards of the. you know that's one of the social unfortunately they like to hire that's so for smelling devil worshipping jamie diamond and lloyd blankfein to run these banks so they get it's like a priest step to pal and then they go to hell that has a more twenty four seven flatulence in their face it's all twenty four seven. down there for jamie oh it's nice you would think so much of the kaiser report. don't go away much more coming your way so. the. government no longer represents the. people who are going to take the terms. with. the way our economic system. is not. going to. get. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. trying to corporations rule the day. doesn't speak or language. programs and documentaries in arabic it's all here on t.v. reporting from the world talks about six of the ip interviews intriguing stories for you to. see in triumph of t. arabic to fi

that's nothing new there he's already got chronic lash once everyone who works at j.p. morgan those that to me don't even care go five yards of the. you know that's one of the social unfortunately they like to hire that's so for smelling devil worshipping jamie diamond and lloyd blankfein to run these banks so they get it's like a priest step to pal and then they go to hell that has a more twenty four seven flatulence in their face it's all twenty four seven. down there for j.b. oh it's nice here we thank so much for being on the kaiser report. you. don't go away much more coming your way so. you know how sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harpur welcome to the big picture. to me speak your language. programs and documentaries in arabic it's all here on all t.v. reporting from the world talks books of p.r. people interviews for intriguing stories for you. then try. to find out more visit our big teeth do

printer and its role in the us economy the i won't i mean that's all j.p. morgan is they have a negative one of the hundreds of billions of dollars it's all the federal reserve and all the careful about auditing the federal reserve is when they open the vault and say oh as our money they're going to find a printer when they open up for not the same words or gold are going to find a printer over there lloyd blankfein j.p. morgan's last goldman sachs they open up of all this only i was a printer used to be nothing but a printer it's amazing that the company that makes printers hewlett packard's doing so poorly considering the only thing that any of these companies competence was a printer this is amazing that the even the printer company is going out of business because of too much printing the h.p. deal you know with autonomy perfect example and even larry ellison or over oracle when the deal was going down said this is a fraud you know it's an eight billion dollars fraud it was signed off by the accounting firm number accounting firm rating agencies investment ban

that's nothing new there he's already got chronic lateral and everyone who works at j.p. morgan those that do it i mean go five yards of the. you know that's one of the social faux paus unfortunately they like to hire that so far smelling devil worshipping jamie diamond lloyd blankfein to run these banks so they get this like a you know a priest up to pal and then they go to hell then it's a more twenty four seven flatulent in their face it's all twenty four seven. down there for jamie oh it's nice you know we're going so much on the cards the report. you. don't go away much more coming your way so. what will change when america picks its president amid muslim rage working the. pushing china and russia as occupiers spreads to two parties still dictate their challenge this election up close guy every day to the fifth on our team. good luck for a tour. to build a most sophisticated. tunes mission to teach creation why it should care about humans. this is why you should care only. fifteen. kalpas. kilograms of rice one thousand flatbreads. in a bad mood. to tell the group. it is a

it's a zero so that the final one the biggest bank of all j.p. morgan i've got my protection to if i have to mention them i need protection my silver protection right the biggest banks are the biggest takers in this is are policy consider j.p. morgan chase is cut although it's deposits disproportionately increased by forty six percent since two thousand and seven i preserved the most of this max is due to their acquisition of washington mutual its interest expense has declined by nearly eighty nine percent while their deposits increased by forty six percent so from two thousand and four to two thousand and seven chase paid out thirty four point four billion dollars in interest to its deposit customers from two thousand and eight to mid two thousand and twelve it paid out three point four billion j.p. morgan chase's ratio of interest paid to deposit of point two seven percent is the lowest of the big four banks that on average pay less than smaller banks anyway so there you have these are numbers assigned to how much has been stolen this was never addres

that's nothing new there he's already got backlash once everyone who works at j.p. morgan those that do it i mean go five yards of the. you know that's one of the social faux pas unfortunately they like to hire that's so for smelling devil worshipping jamie diamond and lloyd blankfein to run these banks so they get it's like a priest step to pal and then they go to hell that has a more twenty four seven flatulence in their face it's all twenty four seven. down there for jamie oh it's nice here thanks so much for being on the kaiser report. you. don't go away much more coming your way so. look. download the official publication to self choose your language stream quality and enjoy your favorite. t.v. is not required to watch on t.v. all you need is your mobile device to watch our team any time. two parties keep us politics a one way street look for will new voices disrupt the power of power. bosses america changes trunks to a selection of clothes god monday november fifth on our team. government no longer represents the people the people are going to take the term. we. trad

and bear's terms the firm j.p. morgan of course of choir now it doesn't seem settlements deter wall street wrongdoing as we seem to see it continue so what would will discuss and greek lawmakers passed an austerity bill mario draghi announces he's keeping interest rates where they are but what's causing a real stir is the e.c.b. putting a princess from greek mythology to row on the euro up with their planning at least we'll talk about it in loose change and catch up with the special guest economist steve keen to see what he's up to let's get to today's capital account. when it comes to cheating or potential criminality on wall street and in washington we've heard actual nations like these over the years. you sold a customer something i don't recall selling hundreds of millions of that deal after that all right take a look exhibit one sixty six mistakes i made in preparing my tax returns these were careless mistakes they were avoidable mistakes but they were unintentional simply do not know where the money is or why the ac

that's nothing new there he's already got chronic lateral and everyone who works at j.p. morgan those that do it i mean go five yards of the. you know that's one of the social unfortunately they like to hire that so far smelling devil worshipping jamie diamond and lloyd blankfein to run these banks so they get it's like a priest step to pal and then they go to hell that has a more twenty four seven flatulence in their face it's all twenty four seven. down there for j.b. oh it's nice here thanks so much for being on the kaiser report. you. don't go away much more coming your way so. to speak your language. news programs and documentaries in spanish matters to you breaking news a little turn to tip angles kid stories. sure i'll teach spanish to find out more visit i. no longer represent the. people who are going to take the trip. the way our economic system. the six america votes for its next president. who takes the wheel as the us drives into the future. get the news the mainstream missives with close election coverage the us election up close. and altie dot com i'm in so know y

clearly because of the flood was j.p. morgan goldman i mean look at goldman sachs they had like three hundred ready for the event they were all lloyd blankfein was at the top floor of goldman sachs like mr burns from the simpsons so you know your church will never have to be covered so not only did i cause nine eleven but these banks also caused the great flood of twelve well that brings me to this final little thing because you mentioned goldman sachs they were the only ones that had their lights on in downtown new york a lot of people of course didn't realize that was lloyd blankfein bald head exactly well that brings me to the top of the show because we talked about the nightmares everybody here is having a nightmare about george osborne well for the last month i will admit that i've been having this nightmare after reading this headline greg smith i saw lloyd blankfein naked i think he was talking physically naked not naked. short talk about coming up short all right say sarah thanks so much for being on the kaiser report th