Tradable Fraud, Goldman's Facebook Deal, Phantom Bank Earnings & What Happens When Its The Banks That Walk Away From Homes

Another entertaining video on the ultra-animated Max Keiser show discussing topics such as Goldman's
Facebook offering that never was, what happens when its the banks that
walk away from a home, phantom banking profits, Chuppies (Chinese Yuppies), and more
shenanigans that are the tour de force that is today's banking system
and economy. To skip directly to the Reggie Middleton interview, move to
11:55 in the video.

Related posts:

• Is It Now Common Knowledge That Goldman’s Investment Advice Sucks???
• The
  Anatomy Of The Record Bonus Pool As The Foregone Conclusion: We Plug
  The Numbers From Goldman’s Facebook Fund Marketing Brochure Into Our
  Models which clearly demonstrated that this offering was
  primarily for Goldman’s bonus pool integrity and basically a ripoff for
  clients. In the following post, I declared “Here’s
  A Look At What The Goldman FaceBook Fund Will Look Like As It
  Ignores The SEC & Peddles Private Shares To The Public Without
  Full Disclosure“
• I Warned That Banks Will Soon Be Forced To Walk Away From Homes… Guess What! Monday, January 17th, 2011
• Less
  Than 24 Hours After My Warning Of Extensive Legal Risk In The Banking
  Industry, The Massachusetts Supreme Court Drops THE BOMB! Monday, January 10th, 2011
• As
  Clearly Forecasted On BoomBustBlog, Housing Prices Commence Their
  Downward Price Movement In Search Of Equilibrium Scraping Depression
  Levels Tuesday, December 28th, 2010
• The
  3rd Quarter in Review, and More Importantly How the Shadow Inventory
  System in the US is Disguising the Equivalent of a Dozen Ambac
  Bankruptcies! Wednesday, November 10th, 2010
• Banks,
  Monolines, and Ratings Agencies As The Three Card Monte (Wall)Street
  Hustlers! Its a Sucker’s Bet, Who’s Going to Fall for it in QE2? Tuesday, November 9th, 2010
• JP
  Morgan’s 3rd Quarter Earnigns Analysis and a Chronological Reminder of
  Just How Wrong Brand Name Banks, Analysts, CEOs & Pundits Can Be
  When They Say XYZ Bank Can Never Go Out of Business!!! Sunday, October 17th, 2010

Comments

[Fearless Rick]

Reggie, pure A-List. Max comparing you to the Jack is extreme props. You are the man and you should go viral.

[Eternal Student]

Jeezus. The Fraud^2 segment is a must watch.

Thanks for bringing that point up, Reggie.

[topcallingtroll]

When banks walk away you are liable.for the taxes and demolition if your house develops a copper deficiency and has to be torn down.

[Husk-Erzulie]

Oh man, Reggie and Max together...two of my favorite cynical hard nosed realists ...what a treat :-)

[stickyfingers]

Add this:

http://www.bloomberg.com/news/2011-01-25/blankfein-flunks-asset-manageme...

[whatz that smell]

tech bubble (pop), housing bubble (pop), fraud bubble (...)

[DavidC]

Ah, yes, thoses mellifluous Middleton tones!

DavidC