jamie diamond well i'd say that time is running out for jamie diamond well and the other thing is that she says all she's concerned about is that he doesn't take her house but the fact is he will take her house they will get away with taking all of americans properties because they are protected now let's turn to this headline j.p. morgan chase and why p.t. the way forward so jason morgan chase recently donated an unprecedented four point six million dollars to the new york city police foundation the gift was the largest in the history of the foundation and will enable the new york city police department to strengthen security in the big out. well you just find more leg breakers and head crackers to go down there and beat up protesters and children well ok he's saying it's going to strengthen security in the big apple the big apple is the financial center of the united states and therefore the world do you see as this fourth quarter begins max do you see more security in the financial system is there more stability in the financial system yes well they need more security in wall street

that doesn't it doesn't point well taken so the analogy to the housing market to be the arson scam of collecting the insurance and burning down your house so jamie diamond as a side what you're saying here is that the j.p. morgan bank is worth more to him dead than alive well apparently and so they had a lot of revenue from their killing their own bank and they don't care if they kill their employees or kill the country they don't care i remind me of a few months ago we covered a story i think it was paul ryan or eric cantor was double short us treasuries that's right that's right one of the politicians i think it was eric cantor who actually made a huge bet against u.s. treasuries and then actively was trying to pass laws that would hurt the american economy while he passed laws what he was voting against raising the debt ceiling so that would cause his portfolio of a double short against america in the u.s. treasury market to rise that's the problem everyone in congress is effectively a day trader they've made positions against their own country they're highly leveraged and insider trading for congressman by the way is legal people don't understand th

insurrection against banker occupation have to ask themselves why just as well as selectively serve against gadhafi and not tony blair or jamie diamond or lloyd blankfein how come those guys are not hiding in a spider hole somewhere and then pulled out you know in a blood so rag i actually have some more headlines on libya coming out but first i want to bring your own no matter paine webber into this story x. wall street banker identified as key figure in the lucas scandal you know it is not you max but it is a former coworker how jeem jim said he's the japanese american he worked at paine webber where you started your career through he also worked at drexel burnham and then he went to no more a bank and then after no mora he went to advise japanese blue chip firm olympus corp and lo and behold he advised them on a two billion dollars merger and his fee it turns out was six hundred eighty seven million dollars this scandal has now caused the limpets shares to fall by half i think that's more than even kate moss banks. but yeah that's in them remarkable. larcenous to move again by a banker from my alma mater paine webber you know ther

dictators how is hank paulson a lloyd blankfein and jamie diamond not a mass murderer sent me an e-mail right now to explain that to me i don't see the difference well in fact max you could call lloyd blankfein here's a headline call goldman sachs c.e.o. lloyd blankfein on his cell phone and cheer. i'm up the number is nine months seven seven four three zero nine thirty nine i'm sure he has a new one by now but apparently somebody released his cell phone number into the public domain and the reason why they're saying you should cheer him up is because goldman sachs just reported a nearly half a billion dollar loss in the third quarter some of the suggested messages are i know you just lost half a billion dollars but look on the bright side you've set aside ten billion in bonuses to pay out to your thirty four thousand two hundred employees or just do what i do when i run out of money head over to the feds discount window and borrow more at no interest. well it's amazing that goldman can lose any money i think they just do that for show because for example we know through high frequency trading they steal one hundred million dollars a day on the new

america breaks the law jamie diamond breaks the law lloyd blankfein breaks the law just because they have selective amnesia doesn't mean that it absolves them from having broken the law well like barack obama said it's not necessarily illegal it is only illegal if the department of justice or the attorney general prosecute if they remember that their job is to force the law as long as they forget that their job is to enforce the law then it's not illegal that's what obama's saying are for go with the law is not for it's technically not legal how is this guy. but going back to this final point i have here max because i want to get through this the bankers are saying that the the protesters out there are marxist here's a headline brooks brothers bolshevism michael semple asked the chief investment officer of j.p. morgan chase roe in july of this year and clients only newsletter obtained by the washington post that profit margins have reached levels not seen in decades and reductions in wages and benefits explain the majority of the net improvement printed the latter quote boldfaced lettering us labor compensation he explained is now at a fifty year low relative to both comp

actually got to jamie diamond's house which by the way was barricaded off by police barricades none of the other homes had a woman came out and said quote i stand with you guys we are on your side well they are seeing out of interesting sort of j.p. morgan chase have you know if you weeks ago did give four point three million dollars to the police found there he should at least get a very kate i'm just kidding i want to ask you a lot of people that have been there act zuccotti park have been camping there have been staying there not a lot of time to watch what's been going on i'm wondering how aware are people down there on wall street that their movement is spreading across the country and also you know that they're not the only ones facing the wrath of police. actually surprisingly excuse me there have been extremely aware when we for example saw the . terrible white violence that was going on in boston yesterday evening that live stream was being projected for everyone in the park to see and people were standing around looking at that and who are sort of talking about what was going on we also knew that this happened in dallas as well in atlanta and in seattle at the seattle at t