Saturday, 28 July 2018

Keiser Report (E1258): How Much Do Wall St. Managers Cost US Taxpayers?


In this episode of the Keiser Report, Max and Stacy discuss how deindustrialization and financialization have destroyed the economic viability of communities across America. The latest study from YahooFinance finds that state pension fund managers have blown over $600 billion of taxpayer funds on overpriced, underperforming hedge fund managers in the past decade alone. In the second half, Max interviews author and banker, Mitch Feierstein of PlanetPonzi.com, about Trump’s trade war, stock buybacks and the latest in the bond markets.



[Posted at the SpookyWeather blog, July 28th, 2018.]

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