up next to max expose the dark secrets of the financial world and a concert report. hi welcome to the kaiser report stacy herbert we have a worldwide exclusive here everybody in the u.k. b.b.c. news night b.b.c. one week they wanted to talk to who i have here max kaiser yes it's incredible that some of the b.b.c. news night they realize i've been right all along they've been e-mailing me come come to london be on the show to talk about barclays libel or l e bore libel or well i figure you know why speak for about bob diamond when we can get bob diamond in the studio so let's go let's go to get bob diamond see here to talk about barclays directly. by own bob diamond i run barclays bank in the u.k. yeah i'm as guilty as. involved a massive fraud with the library market interest rates manipulation since out of trading that's me bob diamond now max the reason why i think all these b.b.c. news programs wanted to have you on is because of your infamous dave cameron s t f u where you told him in no uncertain terms that you can't have plundering in the city of london and the

yes indeed a max. that big rat may be going to congress bark least chief bob diamond could be brought before congress sources say washington politicians considering asking former barclays chief executive to testify as libel or fixing controversy crosses to the u.s. and again look at all the qualifiers that somehow they may we were thinking about it there could have been something there some allegations here this could be kind of wrong doing mr diamond did you fix race maybe that was not a rat sound is it. do you make a rats but just listen to bob diamond that's all rat sounds but yeah he was involved in fixing rates he committed fraud committed securities fraud many times over there's no i mean the u.s. i suppose will listen to bob diamond it because they want to hear some more inside information because the congress people can trade on inside information that's legal but nancy pelosi made five million dollars recently during an inside information will be listened to there like oh paul work and we ille

max kaiser this is the kind of report you know a lot of people think that federal reserve bank is nothing but a virtual bank run with a virtual currency a virtual automaton ben bernanke doing the high frequency virtual algorithmic tap dance to keep the virtual economy of america alive in the virtual global economy this wrong by the bank of international settlement itself a virtual bank but no there's something more insidious than that stacey herbert i don't mean your insidious i mean your next story when you got well max there is not only a great depression happening in ben bernanke he's economy there's a great depression happening in the virtual virtual economy delft bowl hit farmville yes maxwell shares were down forty percent disappointing earnings this is something you did warn about right farmville there's a huge drought in farmville this is a game by. which is a company we've talked about on this show with guests like josh brown the reformed broker or reggie middleton who discussed openly that this was vaporware it's a vaporous company run by vacuous c.e.o. within the realm of a non

insidious and that stacy herbert i don't mean your insidious i mean your next story what you got well max there is not only a great depression happening in ben bernanke he's economy there's a great depression happening in the virtual virtual economy delft bowl hit farmville yes maxwell shares were down forty percent on disappointing earnings this is something you did warn about right farmville there's a huge drought in farmville this is a game by. which is a company we've talked about on this show with guests like josh brown the reformed broker or reggie middleton who discussed openly that this was vaporware it's a vaporous company run by vacuous c.e.o. within the realm of a nonexistent business model trading virtual currencies that only had a one way to go as a public offering and that straight into receivership straight into the zero length of goose egg shell but not without the insiders cashing out along the way that make those digression that whether at zynga facebook group on the insiders have been cashing out in this classic pump and dump scam but they were aided and abetted by c. a

i've been saying that for a number of years it's what people have done for additionally stacey yes max and there's a certain sort of compare chill ation going on here is mainstream media that has been defending these banks tourist for the last few years even though their crime spree and the the damage that this crime spree has caused has been quite evident now you see just a few days ago the f.t. asked in the center comment section is it time to give a teen the banks and then i want to turn to mainstream economist nouriel roubini here and he was asked by bloomberg news should bob diamond should he face criminal charges and here's what he had to say you heard those from criminal sanctions. happen again but i'm wonder should occur because no one is going to enjoy terms like normal commercial buys used for any of these things the banks. the slap on the funny some people end up in jail maybe. somewhere you know somebody who you mistreat well that's that's the thing isn't it it doesn't make any sense to talk about policy initiatives or whether we should have keynesianism of austerity whethe

in the sun max the c.f. to see orders barclays to pay a two hundred million dollars civil monetary penalty case cease and desist from further violations as charge and they're still allowed to participate in the submission of of libel or raise so their submitting every morning what the interest rate should be why are they involved in that now this is obviously a conspiracy the order from the c.f. t c lays out clearly there are thousands and thousands of e-mails and recorded phone conversations just like this case about the big breaking scandal across america that we dissipate bond market the same thing happened here there was open conversation about i don't like those rates set higher i don't like those rates set lower and as a c.f.c. points out max they were doing this in order to make whole their derivatives positions again this is the shadow banking system the hundreds of trillions of dollars if you think we have too big to fail banks that barclays is too big to fail for there who hundred twenty billion do

next the man who knows where the money is it's max keiser and his report. i am max kaiser this is the kaiser report finally those mainstream types are beginning to recognize that perhaps the only way to deal with the bank stirrers is to hang them i've been saying that for a number of years it's what people have done traditionally stacey yes max and there's a certain sort of compare chill ation going on here is mainstream media that has been defending these banks tourist for the last few years even though their crime spree and the the damage that this crime spree has cause has been quite evident now you see just a few days ago the f.t. asked in the center comment section is it time to get teen the banks and then i want to turn to mainstream economist nouriel roubini here and he was asked by bloomberg news should bob diamond should he face criminal charges and here's what he had to say that those some criminal sanction. happened again i'm one who should occur because no one is going to do it since we don't use it for any of these things to banks so. the slap

coming up next max and say see give us the lowdown on wall street's financial institutions turning on each other as the rate fixing scandal on unravels. wow it's like one of those. films where the sharks are in a feeding frenzy except this time it's a bunch of bankers yes max there's a little a diddly a feeding frenzy that could happen on wall street feeding frenzy seen if wall street sues itself over a libel or yes goldman sachs and morgan stanley are among financial firms that may bring lawsuits against their biggest rivals as regulators on three continents examined whether other banks manipulated the london interbank offered rate known as libel or said bradley hints an analyst with sanford c. bernstein and company now the only reason why they would do this according to hints is that goldman sachs and morgan stanley manage money market funds so they by law would be obliged to you he however says that they wouldn't want to have to do this because they want cordial relationships with the other banks. well as if the law ever stop these guys from doing whatever it is they want to do but

hi max kaiser this is a kaiser report you know banker bashing is becoming quite fashionable but we were first stacy well max take a look at this our work that really captures the essence of the global financial system a clockwork libel or yes this is bob diamond there of course in the position of alex from clockwork orange and you know is bankers doing the ultraviolent on our global financial system whether it's rigging interest rates rigging municipal bond markets rigging rigging rigging that's all they know how to do it is it is violence it's a form of violence it's a form of ultra violence and this is the biggest concept that people have trouble getting their minds around this because they think these are victimless crimes they don't see them as being particularly egregious and yet they are really the twenty first century version of the pogroms we saw in the last century the the incredible devastation that was done using traditional means of warfare tanks and guns and soldiers this is violence committed by accounting fraud securities fraud currency wars and the result are the same yo

max kaiser welcome back to the kaiser report time now to go to rob kirby of kirby analytics rob kirby has been a way out ahead of everybody looking at the price dislocation the rigging of markets the failure of price signals and looking at the failure of price signals to understand that there's institutionalized fraud going on all over the world rob kirby welcome to the cause report nice to be with you max all right rob kirby your latest post on your newsletter is called live or reading the tip of the iceberg tell us about the last war crime how did it happen and what's underneath it the iceberg well bit of emotional max but what's underneath the live or scandal let's start with the exchange stabilization fund lawrence summers robert rubin thank paul sent crude oil ben bernanke germany geithner the price of gold the price a silver goldman sachs and alan greenspan ok so barclays is barclays really the type of spare hours that talk about that all of it well no actually berkeley's being a london based bank and u.s. dollar live or being an i'm an american centric. rate reference rate it i

know commit fraud on an hourly basis we just sit back and tell y'all about it print fund stacy ever max in fact is a global bank heist going on and you can see that in the tweets here's the first one from reuters business bank of england injects seventy eight billion dollars of monetary stimulus and here's a tweet from the a.p. a few moments later european central bank cuts mean interest rate by a quarter point to a record low of point seven five percent that's right low rates. low rate. we've been talking about this for years because speculators want low rates to fund their suspect of the bets and squeeze out the entrepreneurs squeeze out the savers squeeze out wages keep rates really low the library scandal is about keeping rates low by manipulating rates quantitative easing is about keeping rates low by engaging in radical central bank policies like operation twist e.c.b. lowering rates is about central bank collusion with other banks to keep rates near zero to fund speculation to squeeze out population of workers and savers well max in fact it's a bank robbery i think and they're th

a max max and stacey shed some light on the dark secrets of the global financial industry that's the kaiser report. ties or this is the kaiser report you know it's like and what about those huge plastic collars that dogs wear around their head so they don't bite themselves should bob diamond and jamie diamond and lloyd blankfein be fitted with these things they don't they don't bite themselves or other dogs or hurt themselves. max actually a better idea might be to remove this and that extent reliance because there are so . thetic stimulants causing naked crime waves across the world max bath salt suspected a nationwide naked crime wave addiction specialist suspect that so-called bath salts may be playing a part in an outbreak of crimes committed by naked people across the united states and even in canada method drone the active ingredient in bath salts is a synthetic stimulant that users say make them feel energized and confident at toxic levels however and think of this when you think of the global financial system with so much synthetic stimulant some form of quantitative easing a

it's well in fact max it's just a little game apparently according to this story h.s.b.c. is accused of playing fast and loose with the u.s. banking rules now any normal person ninety nine point nine nine nine nine nine nine percent of you out there if you played fast and loose with banking rules believe me you would be in jail for thousands of years in some cases right well it just means they were laundering money for a drug cartel in mexico. also remember walk over here now part of wells fargo they were caught with laundering four hundred billion dollars from mexican drug cartels they they didn't deny it they paid a small fine edges b.c. will pay a small fine and there's and they're financing saudis to commit acts of terror and then america spends money on the war on terror so the same words get penalized twice they get tax to pay for the war on terror they get the same banks that are being subsidized by the government which is in league with the bankers in league with the terrorists to finance confiscation of wealth using interest rate apartheid and they wonder why ther

find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune in to kaiser report. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. giant corporations are on the day. yes i want to talk about the word you know the n. word people think back to the civil rights movements i think about discrimination and today we have a new discrimination a new division in society but it's not about putting people in the back of the bus it's not about. people suffering from apartheid in south africa it's about interest rates so if you're mark zuckerberg for example the cost of borrowing on your mortgage is one percent. if you're part of the new n word part of the new and we're you're part of the new and we're then our cost of funds is twenty percent . if you're mark zuckerberg what you get on your savings or on your investments training and inside information market manipulation you can expect twenty twenty five percent of us the new n words what do we ge

max you have been saying that for years though there's so much debt here that who can possibly back us we're going have to go intergalactic seeking somebody else to take on and collateralized this debt so in the past week or two we've seen a cia agent who has come out and said that he claims they've seen some aliens that what is known as area fifty one but then i saw in the u.k. the u.f.o. files aliens might come here for holidays government officials believe aliens me visit earth and suggest harnessing u.f.o. technology for u.k. defenses file say paper showed the existence of a flying saucer working party within government during one nine hundred fifty to fifty two and then in one nine hundred ninety five the m o d papers show that one agent reported alien craft sightings need to be established as a matter of priority adding there did not appear to be hostile intent well you know it was just a few months ago that paul krugman the new york times remember he wrote that story saying that the government should preclude we're being attacked by aliens and and to trigger one or two or three

max kaiser up next a report. i am x. times or this is the times are report you know we said on the show while ago the best thing to do about this banks or situation is do it and them a lot of people thought that's a bit rash but tony blair has come around our way of thinking since ever well max in fact he has responded to the keiser report and to your appearance live on channel four in the u.k. and he says tony blair hanging bankers won't help public anger over the financial crisis is wrong and must not lead britain to hang bankers at the end of the street tony blair says today we must not start thinking that society will be better off if we hang twenty bankers at the end of the street you have to parse tony blair a day here when he says it won't help we mange to say is it will when he says twenty is not enough he means two hundred is a good way to start stack them up and go. but listen to that statement there he says that public anger over the financial crisis is wrong. it's not a financial crisis by the way it's a fina

back to the kaiser report i'm max kaiser time out. go to scotland to speak with fraser up in fraser dot org and as a journalist blogger broadcaster who has made documentaries for the b.b.c. about the financial collapse including r.b.s. inside the bank that ran out of money in fraser welcome to the kaiser report i'm max all right in france of the rigging of live or rates was first mentioned in the media as early as two thousand and seven so why has it now only become the scandal that it is and how high up the how i up the ladder does this crime story go well i think one of the main reasons is that we have you know a very weak regulatory regime here in the u.k. but it's not just the u.k. so obviously other countries as well there was a kind of complicity between the financial regulator the f.s.a. and the bank of england and the banks seemingly well i don't know quite when that that that element of it started it probably didn't start till the height of the crisis in about september always but certainly you know it was well known in fact

max is here for his first live interview since that surgery. looking good. >> looks like he's doing great. >>> also another commercial star getting a lot of tank because his brother is none other than brad pitt. we'll meet doug pitt when he joins us from an exclusive live interview. he's starring in a new ad for virgin mobile. we'll find out more about him. >>> we begin this half hour with new details on the split of tom cruise and katie holmes. are they close to reaching a settlement agreement two weeks after she filed for divorce. kristen dahlgren in los angeles. kristen, good morning to you. >> reporter: good morning, matt. there's been some talk a deal cook imment but no word from either tom cruise or katie holmes over the weekend. kathy holmes in new york this weekend shopping at the grocery store, carrying daughter suri down the street, and stopping by her attorney's office for the second day in a row. she had no comment on the divorce providing while estranged husband tom cruise remains out of the public eye. family law attorney lisa mey