afghanistan jimmy cayne the former head of bear stearns lost his fortune and much of the same way bernie ebbers did he believed in the ponzi he was pushing he held on get on your own supply that's the cardinal rule of the debt pusher the debt pusher jamie diamond he doesn't make the mistake but you don't know you know it's still early in the game for jamie diamond he may go the way of jimmy cayne flat fricken broke so this racketeering lawsuit of course is something that you've been pushing over the last few years you're saying that it's an organized crime syndicate and the suit alleges that starting in early two thousand and eight the two banks j.p. morgan and h.s.b.c. began manipulating the silver futures market by accumulating unusually large short position and then secretly coordinating enormous sales of silver futures contracts on the commodity exchange which is known as comix and is part of the. york mercantile exchange rudy giuliani went after drexel burnham on record with record turn with rico ok it's the only way you can actually effectively break up the rackets on wall street a

you something about the story we talked to at the at the very beginning of this show a guy named jimmy cayne was known for his. election for something that sounded similar to his name now he blew his entire fortune it's not because he was using all his mental faculties at the time or was see him in a little bit too much to the ravages of the byproduct of america's military excursions in cook afghanistan jimmy cayne the former head of bear stearns lost his fortune and much of the same way bernie ebbers did he believed in the ponzi he was pushing he held on to your own supply that's the cardinal rule of the a debt pusher the debt pusher jamie diamond he doesn't make the mistake but you don't know you know it's still early in the game for jamie diamond he may go the way of jimmy came flat fricken broke so this racketeering lawsuit of course is something that you've been pushing over the last few years you're saying that it's an organized crime syndicate and the suit alleges that starting in early two thousand and eight the two banks j.p. morgan and h.s.b.c. began manipulating the silver futures