http://www.zerohedge.com/article/reggie-middleton-max-keiser-keiser-report-discussing-banks-fraudclosure-and-derivative-expos
Reggie Middleton with the rather animated Max Keiser (the guy actually had a Lloyd Blankfein action figure for waterboarding) on the Keiser Report Discussing Banks, Oligarchs, Fraudclosure & Derivative Exposure. Also included - how Britain is avoiding confrontation with suicide bankers who took down the financial system "for kicks".
Scroll on past the video after you watch it and check out the charts.
Their not hard to understand and are a real eye opener.
On Zero Interest Rates (ZIRP) and How It Is Literally Starving JP Morgan
Even as the Fed tries to reduce the cost of debt capital to damn near zero, bad things are still happening to those this exercise was meant to save. Why??? Because the responsible world wants capital to have a cost, for if it does, it enforces discipline upon those who use it – whether they acknowledge that cost or not (here’s to you Wall Street).
