Riz Khan – Wall Street woes
On Monday, September 15, Wall Street awoke to the disappearance of two of its giants: Lehman Brothers and Merrill Lynch, and some have compared the crisis to the Great Depression of the 1930s. Others referred to ‘meltdown Monday’. Riz speaks with two financial analysts Lakshman Achuthan and Max Keiser about the fears that Wall Street’s woes will spread around the world.
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Federal regs set to restrain Wall Street risk [/caption] WASHINGTON – The toughest financial regulations since the Great Depression, covering everything from debit card swipes at Starbucks to the most complex securities, are headed for final votes in Congress next week in an election-year salve for public anger over Wall Street risk-taking. House and Senate bargainers approved the......
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19 Responses
ClanRooster
September 17th, 2008 at 7:06 am
1Excellent input from the speakers, and good questions from Riz
itubeutude
September 17th, 2008 at 8:37 am
2the tower looks ridiculous with all those blinking lights.
jinjin16
September 17th, 2008 at 8:51 am
3indeed
LILUCKSMO80
September 17th, 2008 at 9:44 am
4great Depression 2008 will come the dollar is dead…that’s what they get baby killer!!!
ChristianLove2008
September 17th, 2008 at 10:09 am
5the American Federation aka the Soviet Union haha
cradle2light
September 17th, 2008 at 11:17 am
6“FreeFALL” freemarket and privatisation means those who holds the CARDS have a unequal power to Design and Manipulate the Rules and Regulations to SQUEEZE the PUBLIC of all their capital and liquidity!!!
many a times WAll streets and Bankers are legalized Crooks in Suits!!!!
meltdown in America is Unavoidable but hope the rest of the world will not be pulldown with it but will provide stability and economic growth to pull Others thru the gloomy years ahead!!!!
AlexTube2006
September 17th, 2008 at 1:03 pm
7Excellent information and very broad minded speakers
kareno18
September 17th, 2008 at 7:22 pm
8not a market economy when you bail them out with tax payer money, break them up and privatize them again so they get another shot at it
runintothewind
September 18th, 2008 at 5:57 pm
9Max Keiser is a well-educated moron. He can talk his way around theoretical market rhetoric like a pro, but he is lost in regards to history (For instance, on privatization, Freddie and Fanny were both created by the federal government in the first place) and in regards to any knowledge of how the world economy actually works.
ohio1998
September 25th, 2008 at 5:11 pm
10Nope, your wrong. Watch his videos and learn.
ohio1998
September 25th, 2008 at 5:12 pm
11I agree. We’re fucked plain and simple.
ohio1998
September 25th, 2008 at 5:12 pm
12Max Kaiser is brilliant. Listen to him!
MrHolipsism
September 28th, 2008 at 1:58 am
13Well, there goes your keen insight, huh? LOL
runintothewind
September 28th, 2008 at 10:18 pm
14Oooooh, buuuuurn!
Oh, wait. I checked out his videos after watching his antics and theatrics here. He knows enough to create a cute video game and blather on about defunct concepts like the gold standard, something espoused by a group of people I’d equate with those that still believe the world is flat, but that’s all he knows. I’ve met fifth graders with a better grasp of economics and history than his. He’s a showman who knows big words, nothing more.
runintothewind
September 28th, 2008 at 10:19 pm
15How’s that?
ohio1998
September 29th, 2008 at 10:08 am
16Damn dude, at least 5 people think your a fucking idiot!
runintothewind
September 29th, 2008 at 10:43 am
17Sure, very true, because voting down a post that speaks facts rather than offering any form of counterpoint makes me place almost as much importance on the opinions of those people as I do in that of your friend the carnival barker.
Are you ten, or just another one of those people so in love with having an opinion on everything that you don’t feel the need to have any substance to those opinions?
HLMSR
October 3rd, 2008 at 4:45 pm
18I don’t really know what will befall the American empire.
YTCensorsTruth
February 3rd, 2009 at 5:45 pm
19Shut it Holipsism you wanker.
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