The Phaserl


Keiser Report: Bond Bubble Burst

from RT:

Max Keiser and Stacy Herbert discuss investors picking up nickels in front of steamrollers as both stocks and bonds soar. In the second half, Max interviews Ian Fraser, author of Shredded: Inside RBS, The Bank That Broke Britain. They discuss how the bank rigged Libor (and could go bust because of the fines and the ongoing criminal investigations), mispricing assets (with a little help from compliant regulators and complicit auditors) and kneecapping companies out of spite (just because).

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