good afternoon and welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for wednesday august eighth two thousand and twelve u.s. stocks fluctuated today following a three day advance as a rally in hewlett packard shares tempered the dallas bed president's remarks that adequate stimulus is in place at least though the headline goes that one from low but how much of this on any given day is actually driven by robotic algorithms and high frequency trading well we'll ask the man who wrote the book on dark pools scott patterson he's in studio and because of course the jury's still out on what happened as knight capital though the first round been regaining some of its market share and media reports show knight actually received another offer from rival citadel to stay afloat terms include it alone plus control of night hot spot f.x. trading platform so was this driven by a desire to acquire the firm's trading software we don't know but we'll talk about just how valuable the algos have become and sticking with this theme could drones be

good afternoon and welcome to capital account i'm lauren lyster here in washington d.c. and we are on vacation and you see we've been broadcasting since october so that means were a little overdue for a break but in that time and in just the last few months we've interviewed so many amazing guests from jim grant to mark father to jim rickards even joining me as a co-host and we've covered so many topics that are relevant on any given day whether it's the bad or the eurozone crisis so we put together some of our very best and most popular episodes from the last few months for your viewing pleasure and the time while we're off and you can look forward to all the new shows starting september fourth so mark your calendar and don't forget interviews can all be found in their entirety on our you tube channel you tube dot com slash capital account but for now let's get to today's capital account. federal reserve chairman the central planner in chief ben bernanke he trotted to the hill today to give another one of his economic outlook speeches as traders of course listen careful

good afternoon and welcome to capital account i'm lauren lyster here in washington d.c. and these are your headlines for friday august tenth two thousand and twelve the justice department well it's official it says it won't bring charges against goldman sachs or any of its employees for a financial fraud related 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 als

the capital account i'm lauren lyster. fundamentalism gets controversial was a time to get the cia and vault apparently that's of the new york times one of the new york times reporters dead times reporter mark mazetti reportedly forward in his advanced copy of maureen dowd's column to a cia spokes person the piece was about the film zero dark thirty which is about the killing of osama bin laden here's a look at the trailer. dowd's column criticize the white house for giving hollywood inside information to make this film while leaving the public in the dark about the operation this is all coming to light thanks to documents disclosed by the transparency group judicial watch talk more about this i'm joined now by jeff cohen media critic and journalism professor at ithaca college jeff welcome so descent into unpublished call into a government agency as this new york times reporter did would you say that it violates media ethics. well there's no doubt that it does you know the job of an independent reporter who's covering a po

i brought he was used to that when he was working for the prosecutor's office and that was lauren lyster host of the capital account that's going to do for tonight's bus for more of the stories we cover check out our youtube channel youtube dot com slash artsy america you can also check out our web site that's our teeth tom slash usa and you can also follow me on twitter as wall for now have a great night.

good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for tuesday july thirty first two thousand and twelve the effort wednesday begins needing to day followed by the e.c.b. later this week amid reportedly heightened expectations that these central banks are moving toward a new actions but says the wall street journal doubts linger as to whether central banks even have the tools to fix the economic problems they face well reports of preemptive action have us worried about weapons of mass monetary just a rock said contrary to those who fear the central banks can't do anything else we'll take stock of the collateral damage and brace yourself because this brings us to bill gross's latest note the pimco bond titan says the call of equity may be dying but the cult of inflation may have only just begun we'll talk to mike maloney founder of gold silver dot com about the cold and us home prices rose and made for the fourth month in a row according to the s. and p. case schiller data out today look at where this bit of mo

institutions think they could get away with something like this for some answers i spoke to lauren lyster host of artes capital account she broke down these of fraud cases take a listen. ok well what we're talking is a lot of the same things that sound very reminiscent of what we've been hearing about foreclosure practices and the illegal foreclosure practices of banks what we've saw all of the allegations that were supposed to be wrapped up with a nice bow in that twenty five billion dollar mortgage foreclosure settlement that we heard about remember that well all of those same processes released a lot of them were banks don't have the proper paperwork they're not following proper rules proper legal requirements and trying to get these debts from people that they claim that they're they're owed them by the banks are doing the exact same thing this is according to the new york times it's an article on this so it sounds in many ways like what a repeat of what we've already seen with the foreclosure crisis and fraud just transferred now into a different industry with collection of credit ca

good afternoon and welcome to capital account i'm lauren lyster here in washington d.c. these are headlines for thursday august ninth two thousand and twelve back in may we were talking about lessons from spain's banking a bailout and other problems emanating from that country which led us to this. wall we are all in spain the big question will we see a stag's it perhaps before gregg's it. well we haven't but can we now add a brings it to the list the latest addition to the euro exit speculation family has been making the rounds on various recent headlines so does this mean anything or is this just the next catchy phrase coined by the media obsessed with suffixes we'll get the skinny from economist constantine girl from ireland plus today is the unofficial five year anniversary of the credit crunch five years ago today the dow fell nearly four hundred points as france's largest bank b.n.p. poppy bah announced it was halting three funds with exposure to u.s. subprime mortgages now this triggered a credit freeze as global banks stop lending to each other central banks inte

getting hammered right here on this show for you and moving on desert pundit tweeted at us lauren lyster i disagree with richard duncan on some of what he said but contrary voices expand the idea space and i wanted to bring this up because i think people get really pegged to a specific view and they get angry at us on our common boards when the person we have on the show disagrees with that worldview but i couldn't agree with a reviewer more it is so important to get a variety of views in order to understand what you think or kick the tires on what you think because you can't get to set your ways without listening to things that contradict it so i couldn't agree more and we hope to continue to try to do. that within the realm of these alternative voices that are offered in the mainstream media well as ravan one asked me and you two do you hate men lawrence i've noticed a continual theme here it's cool if you do of course i do women most of the time so it would be fair i thought that was funny it was referring to a quote that i read of talking about a man lacking integrity and i think she

good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for tuesday august seventh two thousand and twelve fifty morgan says in a court filing p.f.g. subpoena of the bank may be too burdensome so will j.p. morgan get its way and get out of it well it looks like they could be off the hook for accusations of silver manipulation this is amid a financial times story reporting u.s. regulators are increasingly likely to drop their investigation of silver manipulation after four years failing to find enough evidence to pursue the case now i should mention one key regulator dost protest this report but we'll find out what chris powell thinks he's co-founder and treasurer of the gold antitrust action committee plus it's been fodder for many a tale of talking about this. place since it was a few secrets. are still very worried so. i'm referring to questions about the true state of the u.s. is gold reserves will reportedly the federal government is auditing the gold stored at the new york that at least so are those who've bee

that was lauren lyster host of the capital account and that's going to do it for now but for more on the stories we cover check out our you tube channel you tube dot com slash arts humira that you can also check out our website that is our t.v. dot com slash usa and you can also follow me on twitter at liz wall we'll be right back here at ten pm see that. a lot of american power continues. might actually be time revolution. and it turns out that a killer drink a starbucks or surprising him greedy and.

good afternoon and welcome to capital account i'm lauren lyster here in washington these are your headlines for monday august sixth two thousand and twelve knight capital is set to get a four hundred million dollars lifeline from investors to stay afloat after its trading to boffo last week caused by a technical glitch reportedly nearly wiped out the company seemingly just like this . sixty second. gone in sixty seconds more like gone in sixty nanoseconds in this day of high frequency trading so what purpose does this kind of speed serve and is there anything keeping a knight capital disaster from happening again we'll ask commodity trading veteran and former nymex board member and president david greenberg also look at where regulators are with high frequency trading as a new study meanwhile comes out questioning the true risk of the s.b.c. revolving door we're not convinced by that study but let's see what our guests think plus it's been one year since this standard and poor's credit rating agency tonight has downgraded america's aaa credit rating for the first time in u.s. history. get i

good afternoon and welcome to capital account i'm lauren lyster here in washington d.c. and here are your headlines for wednesday august first two thousand and twelve u.s. interest rate the decision came out today from the federal reserve extremely low rates until late two thousand and four and fourteen nothing new here let's move on to the e.c.b. then we'll talk to peter chair founder of t.f. market advisors recognized source on all things to europe and while we're on it the manufacturing scenario in europe appears grim the euro zone factory activity fell at its deepest rate in more than three years in july according to market economics the purchasing managers index and german manufacturers suffered the largest fall in new acts more orders of any eurozone country so uh oh trouble in europe's economic powerhouse we'll talk about how this fits into the crisis calculus and as olympians from the u.s. go for the gold when they score one will have to cough up just short of nine grand reportedly to settle with the i r as and chances are their competitors are in the same boat s

good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for friday august third two thousand and twelve jobs numbers are out for july total non-form farm payroll rather employment rose by one hundred sixty three thousand beating expectations of one hundred thousand with the headline unemployment rate inching up a tiny bit from last month to eight point three percent but given seasonal adjustments and birth death adjustments how much stock can you put in these numbers really and how does the election year factor in we'll talk about it regardless u.s. stocks rose today after the report sending the s. and p. toward the highest level since may according to bloomberg earlier what is this dog more going to catch up with the reality that appears far more dismal then doctored economic data reflects we'll try to answer that plus the latest in this rigged game that the london whale was encouraged to boost london whale trade valuations according to the wall street journal by his boss while bank of america is in the thick of t

makes sure to come back tomorrow and in the meantime you know you can follow me on twitter at lauren lyster and give us feedback on this show any you missed at youtube dot com slash capital account you can watch as an h.d. on hulu at hulu dot com slash capital das account and from everyone here thank you so much for watching come back tomorrow we'll have scott patterson on high frequency trading in dark pools have a great night. stop and look at the current of the unemployment the national debt. ceiling government. ask yourself does it really matter who with. with billions created daily you can gamble with your money or turn it into solid gold requests the gold and silver investors here are free call today eight hundred two five seven the goal. is. to. walk nuclear fallible. side. radioactive fallout of all government betrayal the government. and laws and law it and law how can the truth be revealed if there's no official evidence there was indeed a very great danger to the servicemen concerned who were given no problem protection and to the people of this country generally because of radio

welcome to the capital account i'm lauren lyster. we just put a picture of me when i was like nine years old and just you know look through. i have a confession i am a total get a friend that i love grabbing hip hop music and for. that he was kind of a yesterday. i'm very proud of the world with its place. at first very let's just burn gerard's right right i mean it's like a derivative of actual pepper it's a food product essentially. much stronger than anything it's you buy off. thousands of times i'm stronger than any one of the ever put you know. one journalism gets controversial is it time to get the cia involved apparently that's what a new york times reporter dead times reporter mark mazetti reportedly forwarded an advance copy of doubts column to the cia spokesperson the piece was about the film zero dark thirty which is about the killing of osama bin laden here's a look at the trailer. well. the only thing to do. well dowd's column criticized the white house for giving hollywood insider information while leaving the public in

i'm lauren lyster. just put a picture of me when i was like nine years old when she told the truth. to confess and i am a get a friend that i love driving because he is that. he was kind of yesterday. i'm very proud of the wall with a split.

to come back next week and in the meantime you know you can always follow me on twitter at lauren lyster and give us feedback on the show and had any you missed you tube dot com slash capital account and you can see is the h.d. on hulu at hulu dot com slash capital dhaka countermeasure right here thanks for watching have a great. you know 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 that everything you thought you knew you don't know i'm tom parker is a big. green i'm a jury's see round trip with the open air entertainment. a little bit of that just signs to get in better shape. i and cuisine with all my healthy ingredients. and this goes something to me mug our summer sales on our cheek. but. i am. so there could be animal planet there could be. dry wall construction and all that stuff gone. mitt romney soaked up the spotlight at last night's r n c convention week while just a few short miles away one of the poorest towns in florida goes unnoticed we'll show you a side of town