by max kaiser this is the kaiser report man what a whack fest out there stacy ever tell me more max kaiser it's time for plea bargaining for the bankers companies engaged in financial crime get plea bargain offer so companies engaged in financial crime in the u.k. may be able to negotiate plea bargains under legislation being put forward by the ministry of justice the department yesterday published a consultation on a new law allowing companies to self report their involvement in financial crime the long awaited step is the first in a process that should lead to the introduction of u.s. style deferred prosecution agreements solicitor general edward garnier q.c. say if we can encourage companies to self report income clean pay penalties and mend their ways the time and expense of investigations and prosecutions will be better spent elsewhere in the building us to bring more individuals and companies to justice right so so free poor thing you don't expose yourself to any criminal prosecution you pay a small civil fine so that means it from a financial terrorist like they just basically barcl

i max kaiser welcome back to the kaiser report in studio gerald salon to gerald welcome to the kaiser report blog great being here max ok joe by the way this is the latest trends journal here it's dynamite as always every single edition has got a fantastic forecast again fantastic comments on what's happening in the world today and people are coming around to your way of thinking a lot of these issues that are gobbling up our civil space and our banking system let me ask you first about m.f. global i see john kors i have still not behind bars but he's bundling for obama raising funds your thoughts what a surprise it's the it's the syndicate that's all it is and nobody from the sin the kids' heads or have a role have you seen a head roll from since the crash of two thousand and eight all the banking crimes that have been committed why should coors line be any different did you see anybody from the merrill lynch mob go under. the goldman sachs gang oh no the five hundred fifty five million dollars fine but we don't admit or deny any allegations or wrongdoing you jaywalking you get a tic

i'm max kaiser this is the kaiser report vomitorium orgies stacy herbert tell us more guys are that is the america max and i have been in the last few weeks here this is a collapsing empire you see corruption at the top from wal-mart to rupert murdoch to john chorus line there's corruption after corruption and then there's the decadence of the secret service having sex scandal after sex scandal there's no place on earth they haven't been home piers and now we have the population as you can hear outside of course rising up oh they're on the streets no the game oh. they're looking for some retribution and they're very hot under the collar and they've joined up with their global counterparts around the world that's the beautiful thing about this globalization if corporations going to globalize still can dissent and of course a key ingredient to a collapsing empire is total ignorance at the top let them eat brioche let them eat cake why are my people all concerned about my burning city and i'm fiddling here so here's the first headline max timothy geitner you can't legislate away stupidity

i am max kaiser welcome back to the kaiser report time now to go to artist alex shaffer right here in the gallery showing his art in los angeles alex safer welcome back to the kaiser report thanks max all right alex a for for those that aren't familiar with your burning chase story give us a brief outline of the painting and how it made you well known in fact quick synopsis before even occupy broke out i started doing a series of plane air urban landscapes setting up my easel across the street from a local branches of chase bank here in l.a. and i had to i was approached by the police the second time i did one and they wrote up an incident report and three weeks later i was visited by two. plainclothes police detectives to. determine if i'm a terrorist strangely enough i think instinctively people know what the bank is doing they're destroying lives or destroying property they are in fact terrorists and i think that's what. the police are keyed in on their they're obviously in league with the terrorists now j.p. morgan chase has been in the news for the past week with more deadly deri

max kaiser this is the kaiser report well jamie diamond c.e.o. of j.p. morgan has opened his pie hole again say server yes max your favorite trend in new york city he's back here so where well we know he's going to toss it together and go roust well last wednesday in fact he was up in new york bed along with a bunch of other c.e.o.'s of the banks diamond sites give and take after bank chiefs meet at fed j.p. morgan chase and company chief executive jamie diamond said there was give and take when bank leaders met with federal reserve officials to discuss industry oversight in new york last week oh yeah well we get he takes you know a little tape worm. i want you to tape one any money for me to steal. and then obama says we can look back we have to go forward let's pass laws to make it easier for james is still money. money. and he goes back into the warmth of his layers people and cost of leora where he lives a little family of tapeworms. jamie i was just me. but i maybe because of the tape. and lenders including new york based j.p. morgan the largest and

max kaiser this is the kaiser report the war against financial terrorists like jamie diamond and ben bernanke will be one in places like this the global nerve center n h q of gold silver dot com here in santa monica california stacy herbert talk to me max everywhere we go here in america we see debt pushers and the result of their over debt pushing they're pushing this debt crack on people who are just dropping dead all over the street so i have a headline here that is going to put into context and explain this bigger debt pushing story the most dangerous drug in the world devil's breath chemical from columbia can block free will wipe memory and even kill scopolamine often blown into faces of victims or added to drinks within minutes victims are like zombies coherent but with no free will some victims report emptying bank accounts to robbers or helping them pillage their own house and this is taken from the get you drunk tree in colombia yes well you could on the name for that financially speaking would be served or it creates financial zombies like japan for example many zombie bank

max kaiser this is the kaiser report everybody in this newsroom agreed why can't obama send a drone up. i mean it just came out that the lehman brothers executive stole seven hundred million dollars right before bankruptcy that's right they stole it from you in may the drones in the middle east it's a waste of time it's the drones of dick fuld strengthening that we need obama. all right let's go to stacy ever stacy hey max seven hundred million dollars that sounds about the same as what jamie diamond j.p. morgan stole from m.f. global clients yeah a funny that i guess that's a round number that they'd love to steal i militarist talking to news people around this room all agreeing these guys are shysters and need to go to guantanamo and beaten with an inch of their life if not worse ok well here's my first headline max good morning vietnam d.j. makes pitch to troubled borrowers a u.s. military veteran made famous by its portrayal in the movie good morning vietnam is accused by a consumer group of preying on financially troubled homeowners seeking to lower their mortgage payments aging c

lot for this whole mags and that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert or thank my guests yugoslavs price if you want to send me an e-mail please do so at kaiser report r t t v dot ru until next time thanks guys are saying.

job right all right terry bull run out of time we'll look for that thanks for being on the kaiser report thanks max and that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i was like my guest terry ball you can secretary bowl dot com join us i mean email please do so because they reported our to t.v. dot ru until next time i started saying bye go. there hasn't been anything yet on t.v. . it is to get the maximum political impact also. before source material is what helps keep journalism honest we are all. we want to present. something else. to. me he believes. he. needs to meet.

the next expose the dark secrets of the financial industry in the kaiser report. i am max keiser this is the kaiser report yeah one hundred million americans now without jobs. let's check in to see how the american peasant does doing stacy herbert well max it's more than that it's population abused by corrupt banks toure's and so we're going to look at what is being done about the financial crime wave that continues to devastate the world obama pledges tough enforcement of wall street reforms obama says a less you run a financial institution whose business model is built on cheating consumers or making risky bets that could damage the whole economy you have nothing to fear from wall street reform i think he meant to say unless you run a financial institution that's engaged in fraud and risky bets you have nothing to make nothing to gain the only players in the american economy making any money are the criminal banking set but it's the peasant mentality and obama rules over the presence of america who are happy for a little crumb from their lord master and everything that h

that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i want to thank my guest john titus his film is bail out opening at a theater near you trust i mean email please do so at kaiser reported r t t v dot ru until next time x. guys are saying by all. her.

that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i want thank my guest john titus his film his bail out opening in a fan are you going to send me an e-mail place to so at kaiser reported r t t v dot ru until next time x. guys are saying by all. around the. world. it's technology innovation all the developments from around russia we've got the future covered.

be me what you backs are i that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert are they my guest gerald so let's say going to send an e-mail please do so a kaiser report at r t t v are you until next time x. guys are saying bio. issues that so much. and i mean to say she's made a lot of people have very many people are turning facebook's timeline to share all kinds of experiences and moments others are concerned about the security and safety of this new. breaking news from florida t.v. two powerful deadly blogs hit one of the major cities in russia's north caucuses at least fifteen people are believed dade and dozens of others are wounded. and other news hillary clinton pitches for china's support of north korea and iran but the u.s. military is aisy a pacific buildup and support for chinese dissidents beijing wary. egypt's a fledgling democracy looks increasingly vulnerable are ahead of the presidential election as violence flares over blacklisted candidates and the military accused of pulling the strings. and a security surge in spain as euro

all right that's going to do it for this edition of the kaiser report with me max kaiser and stacey herbert and with my guest chris whalen going to send me an email please do so at kaiser report r t t v dot ru until next time ask. united nations or it is all parties in syria to implement kofi annan is peace plan condemning the latest bombings as a terrorist act dozens were killed hundreds injured. the search and rescue teams reached the site where the russian airliner crashed on wednesday morning with forty five passengers aboard no signs of survivors among the wreckage. jailed russian businessman victor boot speaks exclusively with our t.v. from his new york prison he says his case is politically motivated and talks of his disappointed would disappoint us just a justice system. coming up how does it feel to be one of the smartest people in the world alberto speaks to one of them the fourteenth world chess champion victor kramnik in the spotlight the ext.

graduation again a great show and that's going to do it for this edition of the kaiser report with me max kaiser and stacey harbor or thank my guest alex schaefer going to send me an e-mail please do so at kaiser report at r t t v are you guys are saying bio.

graduation again the great show and that's going to do it for this edition of the kaiser report with me max kaiser and stacey harbor or thank my guest alex shaffer going to send me an e-mail please do so have kaiser report that r t t v are you guys are saying bio. there hasn't been anything yet on t.v. . it is to get the maximum political impact possible. before source material is what helps keep journalism honest really. if we want to present. something else. is eve. if. he feels. believe. in. it.

great pedia you backs all right that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert are they my guest gerald salon today going to send an email please do so a kaiser report at r t t v are you until next time x. guys are saying bio.

welcome back to the kaiser report i'm max kaiser time now to turn to chris whalen senior managing director of tangent capital chris whalen welcome to the kaiser report thank you max all right chris whalen what has the fed done to our economy but what have they done they're basically trying to keep everything the way it was beautiful stay sis this means no debt reduction no taking apart the big banks and no going after the people who ran the big banks and did all of the various acts of fraud that we've seen over less say ten years the fed is really the bad guys here unfortunately because they are trying their hardest to stoke up inflation but we have a deflationary scenario at the moment so they're kind of fighting the last war and you know as much as we tell them look you really need to let interest rates go up a little bit so the banking system doesn't collapse next year but they don't seem to want to hear this so i would characterize it as the fed fighting the last war i think that's the best way to describe it but they're also not really interested in restructuring and renewal which is

here with you backs all right that's going to do it for this edition of the kaiser report with me max kaiser and stacy erb or are they my guest gerald so let's say not to send an email please do so a kaiser report at r t t v are you until next time x. guys are saying bio. today on r t the cracks grow wider at egypt's troubled election violent swells of a bad religious kind of this with the ruling military said to be the only ones to benefit. hillary clinton pitches for china supporter of north korea and iran but the u.s. military's asia pacific buildup and support for chinese dissidents the wherry. nato fails to move forward on the missile defense dialogue with russia has moscow says it reserves the right to strike back if the system breaches its security. its four pm thursday afternoon here in moscow review watching around the world welcome to. my name's kevin know in our top story two of egypt's leading pres.

mckenna welcome back to the kaiser report hi max how are you ok francine mckenna the whole financialworld has got the runs great bank spanish banks j.p. morgan's balance sheet your thoughts well the j.p. morgan situation is still developing i just wrote something this morning about the accounting my feeling is that it's a hedge that's not a hedge i think they're just calling it that but basically they're hedging a portfolio and it doesn't qualify for hedge accounting. they just made a big bet it got out of control they clearly were not in control of the situation all right so as an auditor yourself you would look at this and say this does not qualify as a hedging accounting it isn't back to speculative bet outside of the volcker rule they only call the heads to go around the volcker rule it's a two billion dollar loss now they're saying it's a three billion dollar loss and counting jamie diamond says it could get worse work at the go we're hearing reports that it could get to eighteen to twenty billion well i can imagine it can go much much bigger the thing is. is that you're talking

max kaiser this is the kaiser report yet we've got all the fraud coming your way all the accounting mischief and outright criminality another day another crime stacey herbert talk to me no no no max in fact these bankers are really doing god's work they are perhaps infallible they can do no wrong f.c.c. staff ends probe of lehman without finding fraud this is according to bloomberg u.s. securities and exchange commission investigators have concluded their probe of possible financial fraud at lehman brothers holdings without recommending enforcement action against the firm or its former executives according to an excerpt of an internal agency memo it hasn't yet been released they haven't made their final decision but according to a memo they found no fraud yeah ok so while we do know for example dick fault that the end of each quarter when they were supposed to report their balance sheet composite. hundred fifty billion of liabilities off the balance sheet they parked it into a bank that they didn't disclose they didn't add that to their consolidated balance sheet they stated profits illegall

that's going to do it for this edition of the kaiser report with me max kaiser and stacey everett our thank my guest john titus his film is bail out. opening at a theater near you want to send me an email please do so at kaiser reported r t t v dot ru until next time i gotta say but you know. for a moment. there hasn't been anything good on t.v. . it is to get the maximum political impact. the full source material is what helps keep journalism honest we are all. we want to present. something else. he he he .