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Max Keiser by Freedom Phoenix
Glass Steagall Act of 1933 would have prevented banks being insurance companies, major investment firms, and becoming as large as they have become.
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This week Max Keiser and co-host, Stacy Herbert look at the latest scandals with stolen credits and the debt in Europe. In the second half of the show, Max talks to his guest Gregor MacDonald about the role of energy in US economy.
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Earlier today US President Barack Obama signed a bill that is the most comprehensive financial law to be enacted since the Great Depression. The law, which got final approval from the Senate last week, targets the kind of Wall Street risk-taking that helped trigger a global financial meltdown in 2007-2009. Gerald Celente says that this is only going to harm and will not do enough to change Wall Street.
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Sunday Update is a public service of The Corbett Report podcast. Download the latest episode of the podcast from the home page:
http://www.corbettreport.com
SOURCES AND DOCUMENTATION
Glowing WSJ article about Dodd-Frank and Whistleblowers
http://ur1.ca/0u122
WaPo article about SEC ignoring whistleblowers like Markopolos and Wydler
http://ur1.ca/0u12e
The Markopolos Madoff memo to the SEC from 2005
http://ur1.ca/0u14i
Madoff's niece married SEC regulator
http://ur1.ca/0u138
SEC knew of Stanford Ponzi Scheme for 12 years without acting
http://ur1.ca/0u13r
GATA reveals details of precious metals manipulation and Andrew Maguire
http://ur1.ca/s5gw
Bill Murphy testifies to CFTC about Maguire story (which they already knew)
http://ur1.ca/0u146
OSHA rejects 98% of whistleblower protection claims
http://ur1.ca/0u147
Eric Shine on The Corbett Report
http://ur1.ca/0u14a
Coca-Cola pulls Facebook campaign over porn complaints
http://ur1.ca/0u149
Information on Coke's crimes
http://killercoke.org/
Even more information on Coke's crimes
http://ur1.ca/0u14g
Max Keiser on Economics 101
http://ur1.ca/0u14k
The theme of this post expanded [here]
