Keiser Report: Modern financial system vs flying toilet

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In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the flying toilet that is Wall Street where rather than have their bad debts stink up their home, bankers package the toxic garbage (or ‘sacks of bleep’ as Goldman Sachs called it) into derivatives which are hurled into the furthest, deepest pension and passive investment funds around the world. In the second half, Max continues his interview of journalist and author, Nick Kochan, about ISIS – the most well financed terrorist organisation ever. They look at the role of Turkey in the terrorist oil business before moving on to look at the banking fraud sector.

See the video here.

 

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