Max Keiser's On The Edge [OTE163] with Nomi Prins

[Letsbereal]

Banks & people's deposits-On the Edge with Max Keiser-06-15-2012 http://www.youtube.com/watch?v=sPeRXvOswLM

In this edition of the show Max interviews Nomi Prins from nomiprins.com

It is the size of a bank holding company's deposits that dictates the extent of the risk it takes, risk 'models' not withstanding: the more deposits, the more risk, the more potential loss.

And the more access to other people's money, the greater the gambling incentive.

The largest banks hold deposits (people's deposits) hostage in the global game of financial warfare.

Related access to capital and bailouts are enabling weaponry in the fight for worldwide institutional supremacy.

Comment: http://maxkeiser.com/2012/06/16/ote163-on-the-edge-with-nomi-prins/

[Freebird100]

Nomi Prins is excellent on understanding and explaining the criminals in high places.I`d love to see her be in a position to grill these bastards.

[larsonstdoc]

Nomi Prins is excellent on understanding and explaining the criminals in high places.I`d love to see her be in a position to grill these bastards.

  Yep.  She use to work for some of biggest crooks----Goldman Sachs.


Before becoming a journalist, Nomi worked on Wall Street as a managing director at Goldman Sachs, and ran the international analytics group at Bear Stearns in London. She is a Senior Fellow at Demos, based in Los Angeles.

http://www.nomiprins.com/biography/