[KR349] Keiser Report: Cadavers Collateralized Debt

We bring a bankster rat onto set to discuss the civil suit against JP Morgan’s mortgage fraud. We revisit episode 97 of the Keiser Report on which journalist Teri Buhl had first warned you about the residential mortgage back security fraud issue on JP Morgan’s balance sheet – thanks to their purchase of Bear Stearns. In the second half of the show, Max Keiser talks to Dr. Michael Hudson, author of The Bubble and Beyond: Fictitious Capital, Debt Deflation and Global Crisis, about Timothy Geithner’s role in facilitating the takeover of the banking system by the Wall Street mafia and about the oligarchic counter revolution against democracy in Europe.

89 comments on “[KR349] Keiser Report: Cadavers Collateralized Debt
  1. Simon K says:

    Wrong Max!
    Michael Hudson is not the “Godfather”: he is…”GOD”! 🙂 Great show today (probably one of the best ones). Only one caviat: you seemed a bit defeated about JPM in the first half: “oh well!this scum will always commit crimes and will never suffer the consequences”. So, is the SLA powerless against these guys? Time to think about another strategy to bring them down?

  2. Micky says:

    The debt is plain and simply getting out of control.


  3. alan says:

    Michael Hudson is my favourite commentator. He is a passionate person. I am surprised he has not been silenced, as he has the ability to be a leader of a new program when this load of shit falls

  4. alan says:

    I did not mean your program M&S but a new financial program or system.

  5. Hugh Beaumont says:

    I love Michael Hudson. He’s a happy kook, and the number one economic camouflage detector.

  6. mckara says:

    Max and Stacy, I’ve been listening to your various programs for 5/6 years now [is that possible?] and you and your guests have led me on an academic quest that gives me a better understanding of the world. There is a downside: nobody understands what I’m talking about when relating financial, economic, and political problems with everyday realities. Thanks? Lol You both are GREAT! Slax Meiser for Secretary of the Treasury after Terrible Tim resigns!

  7. jischinger says:

    upload the uncensored version

  8. stacyherbert says:

    @mckara – what you call a downside, I consider an upside! If you know Slax Meiser, however, you TRULY are an old MaxKeiser.com timer

  9. ronron says:

    big show. where,s the fucking keisers? 😉

  10. Youri Carma says:

    @Simon K

    Yeah, I concur but don’t wipe out Prof. Michel Chossudovsky. I learned a lot from him too. Hudson just is able to put it into very understandable language also for the peeps.

    Prof. Michel Chossudovsky should be back on the show about solutions.

  11. Youri Carma says:

    Max Keiser: We’ve got indications to mint 11,233 Keiser Ethical Silver’s (KES) : when it gets to 15,000 we’ll do a closing

    Current register of interest in KES coins: 14,122 http://www.keiserethicalsilver.com/

  12. DickTracy says:

    First i told you that there were at least 2 million tonnes of gold held of market like Debeers.
    Now this:
    Researchers Unearth Bacterium that Produces Pure Gold
    Alas I am still ban nn ed, lol.

    @ronron, me thinks i protest to much, :lmao:

  13. youthinasia says:

    Love the rat! He alone was a good enough reason to relocate to London… 😉 Now that the rat has shown up as a guest, a bankster would be easy-peasy!

  14. Paolo says:

    Michael Hudson is always one of the best guests. Was great to see him meeting up with Sahra Wagenknecht of die Linke in germany recently.

  15. Alf says:

    You can see in Hudsons eyes he relishes appearing and on the KR, a wonderfully
    entertaining and knowledgeable guest…Great show, you’ve packed so much
    information in it I’ll need to watch it at least a couple times.
    btw…enjoyed the Peston slap.

  16. youthinasia says:

    A bio of Lanny Breuer is appropriate. Operational definition of scum. Embraced by Obama and the ENTIRE U.S. Senate.


  17. Youri Carma says:

    Pyramid Power 25,000 Years Ago http://www.realitysandwich.com/pyramid_power_25000

    25,000 thousand year old pyramids? That’s the current published results of a radiocarbon test of the Bosnia pyramids first discovered by Dr. Sam Osmanagich, Foreign Member of the Russian Academy of Natural Sciences, Principal Investigator of the Bosnian Pyramid Project, and Professor of Anthropology at the American University in Bosnia-Herzegovina.

  18. I_Cant_Believe_Its_Just_a_Dip says:

    @DickTracy, artistic but utter rubbish and they really get funding for this do they? gold chloride having no real value ha really!? even I know that sticking a bit of electricity through some electrodes and solution produces gold at 1 and chlorine at the other-so how is it valueless to begin with, pfff. Correct me if I’m wrong but where does one happen to find a load of concentrated gold chloride solution, last time I checked I only had bleach beside my toilet, O wait, thats the chlorine, we’re half way there already! Please be patient while the alchemy commences;)
    ‘Gold chloride has no real value and is a toxic chemical liquid found in nature’
    More likely its a toxic by product from illegal mining found in the amazon river.

  19. Youri Carma says:

    Final Conflict 2012? Towards the Engineering of World War III?
    3 October 2012, by Adrian Salbuchi (Global Research)

  20. Simon K says:

    Thanks for the tip. I will check out Michel Chossudovsky.
    @Max & Stacy,
    Could you bring more MMT guys to the show (Randall Wray, Stephanie Kelton, Galbraith, etc.)?

  21. larry says:

    Are you guys drinking when you come up with these titles?
    Too cool. luv it.

  22. Youri Carma says:

    Capital Account: GoldCore’s Mark O’Byrne on the Fake Gold Scandal, Macro Gold, and the Risk On Trade! http://www.youtube.com/watch?v=FXG8Th_1ZEE

    With the usual eye candy 😉

  23. Youri Carma says:

    @Simon K

    Professor of Economics Michel Chossudovsky – Archive http://www.globalresearch.ca/author/michel-chossudovsky/

  24. indeed says:

    This is from the profane brown-eyed old lady:
    I love Michael Hudson as well.
    I’m also so very glad that some women are finally getting their kudos and I hope that the damaged Ativan women will get some salvation in this world. Apparently, they are still trying to go back to the fracking doctors for more and more drugs!
    Thank you so much for everyone helping me quiet the public down. Unfortunately, I’m still in the fracking experiment. My garden has died and the little struggling antelope has eaten all my garden and most of the bushes. I’m still having symptoms of Tourettes syndrome due to MCS – hoping and praying that I will get enough money to leave the US – still nearly three years for me and that the fracking liars will get theirs. I’m trying to endure as the church people say.
    Still love you all, as you came to us.

  25. zigzag says:

    I loved Hudson’s description of the Tim Geitner appointment. Classic

  26. realaverageamerican says:

    Excellent, excellent, excellent show!

  27. capt ray says:

    @ M&S

    Great show! Thx

    Scrible scrible,
    Turkey has the water and the food.
    Always wonderd why the military top of Turkey all of a sudden resignd…

    It took you 6 years to write a comment?! How long do you think people will react in agreement in a maner visual to YOU? 😀
    Imo, you talking to other people in your direct physical enviroment is a net positive!

    Let me explain;
    fact is; people of the world have never been this connected. (Goods/serv, internet etc.)

    Now The Math;
    [assumed] Between you and me are six other persons. I.e. you me plus six others makes: eight. Then your voice and mine make up (two out of eight) one quarter! Still a minority you would say. But that ain’t longer so. You see, you talked to many people I think. And one of them might have opened their ears (just like many people have done).

    Hahaha, now you and I plus the person you spoke to form 4 out of eight! That Half!

    So don’t stop talking, you’re half way there! ;D

    Fun Fact:
    “From all the lists I’ve seen about what exactly constitudes a terrorist, a violent and sick moral wasn’t on any of them”.

  28. capt ray says:

    (I red back… should have been “hahaha, … you me and the two “single” person we talked to makes 4 out of eight. And we don’t see/hear from eachother in the physical space. Etc etc)

  29. Mattdog says:

    @Capt. Ray, One thing else, if I may add, in my adolescent scrolling as an internet neophyte, is the fact that these “discussions” on the internet happen in real time so the conversation has an “animated” time sequence, people all over the world can share information at the same time, if someone is up at 7:00 am in one part of the world, they can have a conversation with someone up at 2:00 am, almost like time travel. The internet is truly a very powerful thing. Not to be taken lightly. Unless you got a good joke to tell. I wish I had a good joke to tell, but I had to work today carrying things up both sides of a hill, with blisters on my hands on one side, and a wall of grease on the other.

  30. DickTracy says:

    Shhh, your not suppose to notice me or my ramblings.
    We can not talk about al chemy, the website gets all butt hurt.
    Bacteria with a silver lining
    Just hints that what is considered rare, is really plentiful, lol.
    Remember science is best guessers, lol.

  31. MrJones says:

    @capt ray. I agree. I had a conversation at lunch yesterday with three other colleagues about this unchecked fraud governing us. After words one of the women said “this was great conversation”. So maybe if we keep at it we will reach the “The Hundredth Monkey Effect”. And by the way, I learned of “The Hundredth Monkey Effect” from the Keiser Report.

  32. jon carpenter says:

    As you are in London, and you need a rat, you should talk to Roland Rat, a big star in the UK in the 80s. His views on the economic crisis would be worth hearing. Roland’s got a sidekick called Kevin. He happens to be a gerbil.

  33. I’m still here with you, Max & Stacy! Although I definitely miss TTAM 🙁

    Keep up the excellent work!

  34. MirrorMirror says:


    Did anyone see this yet ?

    This really takes the cake ….. right off the table … absurd copyright battle:

    Your right to resell your own stuff is in peril

    …. At issue in Kirtsaeng v. John Wiley & Sons is the first-sale doctrine in copyright law, which allows you to buy and then sell things like electronics, books, artwork and furniture as well as CDs and DVDs, without getting permission from the copyright holder of those products…..


    Of course, the Corporations would really love this to happen …. to accelerate “consumption” of “new gadgets” by refusing the resale of , or cashing in on , second hand goods.

    And the EU PR-opaganda machine is now in full swing in Germany :

    I WANT EUROPE ( Ich will Europa )

    Look at the “recommendations” on every Video … 90% do NOT want this to continue.



  35. MirrorMirror says:

    @M&S …. Just watched … Great Show … Mike Hudson condensed everything you need to know into a very small space … well done.

  36. MirrorMirror says:


    … Nur 16 Prozent halten die Riester-Rente für sicher, mehr als doppelt so viele Befragte (36 Prozent) denken beim Stichwort „besonders sicher“ jedoch an Gold…

    Only 16% of Germans “trust” the Govt. concocted RiesterRente ( Private Pension idea from Minister Riester )… and 36% trust only GOLD


  37. I_Cant_Believe_Its_Just_a_Dip says:

    leading to this excellent weekend song,
    @indeed, thanks for the update-good luck with it all
    @MM, great, that’ll help the growth paradigm, the landfills and the infinite consumption required to support it all. An unworkable destructive plan in many ways but when has that ever mattered to anyone.
    @captain ray, lol!

  38. MirrorMirror says:

    Samaras warns of parallels to the Weimar Republic

    In Greece, the aid funds are running low again. Prime Minister Samaras urges rapid assistance. He warns strongly against the disintegration of society and the rise of neo-Nazis.


    Original in German :
    Samaras warnt vor Parallelen zur Weimarer Republik


    @I_Cant_Believe_Its_Just_a_Dip … too right.

    If this goes through, it will be the straw that break’s the Camel’s back IMO.
    UFB : UnEffingBelievable

  39. MirrorMirror says:

    @Max … nice to hear you mention the “isms” … too right !
    While everyone is debating which Economic “ism” is better … Criminalism is running the show 😉

  40. MirrorMirror says:

    @Stacy …. “US Style Prosecutions” … ROTFLMAO

    The “Taxi Driver ” … another new CULT FILM ?
    Great statement Mr. Taxi Driver.

  41. MirrorMirror says:


    PS: @All ….
    I guess you all know that you can download all the KeiserReports at RT :



  42. flicks says:

    Understandable for everyone from Dr Michael Hudson and an important interview re Timothy Geithner’s role for you guys to spread around on MSM. Hope someone is taking down the specifics re Sheila Bair – voice recording and what not; so when humanity eventually catches up with these criminals there is evidence.

  43. I_Cant_Believe_Its_Just_a_Dip says:

    ‘The heavily footnoted report concluded that peace was not in the interest of a stable society, that even if lasting peace “could be achieved, it would almost certainly not be in the best interests of society to achieve it.” War was a part of the economy. Therefore, it was necessary to conceive a state of war for a stable economy.’

  44. flicks says:

    Sheila Bair must have the skinny on Pandit the Bandit; lets hope Dr Michael Hudson and Prof Bill Black have all the gory details and make sure it’s about in other safe hands.

  45. I_Cant_Believe_Its_Just_a_Dip says:

    @MM and flicks,
    Saturn’s aurora,

  46. MirrorMirror says:

    @ICBIJAP … Saturn’s aurora .. Wow , beautiful …. Thx

  47. El_Puerco says:


    Glad to see Peter is voting for Gary Johnson rather than Mitt Romney

    Peter: “You can’t fix a Ponzi scheme. No matter what you do to a Ponzi scheme you can never make it work.”

  48. MirrorMirror says:


    EU plans to re-industrialization of the continent

    Return to the Roots: The European Commission wants to again make Europe a continent of industry. By 2020, the share will be increased dramatically. But there are still concerns about the climate protectors.


    German source : EU plant Re-Industrialisierung des Kontinents


    Must listen from Mary Greely ( MaryGreely1954 ) :

    NEW 4-Mile Long Oil Slick Near BP’s Gulf Oil Well (October 4, 2012)


    12 minutes

    She explains how the Oil Lobby controls the Pres./CONgress and that the fines are a joke .. as they are eventually paid by the tax paxer – so these fines eventually become donations from the tax payer.


  49. flicks says:


    UFAA Public Assembly
    October 27, 2012
    56 Walker Street, NYC | Map

  50. flicks says:

    I_Cant_Believe_Its_Just_a_Dip – great image, ty

  51. Vonda Bra says:

    @ Youri Carma | October 5, 2012 at 12:25 am |

    thanks for that excellent piece from Adrian Salbuchi !!!!

    Final Conflict 2012? Towards the Engineering of World War III?
    3 October 2012, by Adrian Salbuchi (Global Research)

  52. Vonda Bra says:

    here is the latest JIM WILLIE – Interview !!!!!!!!! – Oct. 4th

    Practical Bull: Jim Wille on QE3…
    http://youtu.be/nC_Zb5PEAZ4?t=21m36s ……..(Jim comes in at 21:36)

    “..n the second episode of Practical Bull Radio, host Josh Renfro talks to CEO Erik Weir of WCM Global Wealthabout the lost decade and how investing in bear markets require very different strategies from the 1980’s and 1990’s. In the second half of the Josh talks with Jim Willie author of the newsletter on QE3 and the sweeping effects that it will have on gold, silver, commodities, and the broader market. Additionally, Josh and Jim discuss the Feds underlying motives and the truly evil acts that are being perpetrated and what is the end game for the Fed …”

    the whole show:
    http://www.youtube.com/watch?v=nC_Zb5PEAZ4&feature=player_embedded (1:03:39)

  53. YoLithos says:

    Re : Re-Industrialisierung des Kontinents
    As far as caveman-economics goes, everyone knows that their only chance of success rests in bringing back the mammoth carving industry. And, mammoth leftover jerky hoarding through autumn for winter. And, mammoth quotas, to protect the wildstock.
    I won’t mention the stagnant northern arctic oceans spreading anoxia over the coastal plains and inland rivers. They’ve got enough on their plate, the poor fellows.

  54. Astraea Shaw says:

    Michael Hudson – my favourite too.

  55. Van says:

    Okay the bankers are not going to jail BUT, couldn’t the “Justice” system at least send them to “GA” Gamblers Anonymous” help these bankers?
    I get a Drunk Driving and my “debt” to society is not complete without going to “AA” meetings and having my little piece of paper signed (so much for being “Anonymous”). So how about the banker and “GA”…maybe not…too far gone.
    We’ve heard about “MADD” mothers against drunk drivers..how about “MABB”, “Mothers against Bad Bankers”..”your killing our children, not with alcohol, but with debt”.
    Okay my two cents.

  56. MirrorMirror says:

    @Van … LOL
    How about sacking the Judges that were appointed by politicians.
    How about sacking the Politicians that were appointed by the Banksters.
    How about sacking the Banksters that are protected by the judges.
    Oh !

  57. MirrorMirror says:


    The First Solar Swindle

    … The screenplay would be riveting. Too bad it is not fiction. The film would have to be a documentary.

    The trailer would open: “What do Goldman Sachs, several Goldman executives, and quite a few billionaire investors have in common? …


    Geezus … is there anyone out there that is NOT doing a scam of some sort !

  58. Neil says:

    Love the rat slaps at 3:02. Please include a rat abuse stunt each week. 🙂

  59. Vonda Bra says:

    Paul Craig Roberts – Gold Radio Cafe – October 5, 2012

    Paul Craig Roberts Explains Jobs Report
    Former Reagan administration official Dr. Paul Craig Roberts explains how the U.S. Government falsifies statistics for the JOBS REPORT, etc.

    http://youtu.be/QtiGiKhXdVQ (36:26)

  60. Vonda Bra says:

    AMTV: Obama’s ‘October Surprise,’ Jobs & #Kony2012 Opens Up to Oprah /Atlas shrugged Pt 2 .. and much more ….

    http://youtu.be/8HkrxBSxVzo (5:43)

  61. Vonda Bra says:

    AMTV: Independent *3rd Party* Coalition Restores America !!!
    http://youtu.be/_w33pzClm2k (12:37)

  62. SAO says:

    Love the rat!!

  63. SAO says:

    OK Max. You have to update your action figure and put in the rat! It’s destiny.

  64. Vonda Bra says:

    Sunday 7th October presidential elections will be held in Venezuela. The incumbent socialist and nationalist Hugo Chavez is being challenged by US and Zionist favourite Henrique Capriles Radonski…

    Interview RT English – Adrian Salbuchi on Venezuela Elections – 04Oct2012
    http://youtu.be/jAL4ig_1MKg (3:48)

  65. Banking Thiefs says:

    A technocrat is not a euphemism for bank lobbyist, A TECHNOCRAT IS A EUPHEMISM FOR BANK DICTATOR! If the military did this it would rightly be called a coup ad the leader would rightly be called a dictator!

  66. ronron says:

    anyway Stacy. why the long face? i was only kidding about the gay, lesbian marriage. 🙂

  67. ronron says:

    hey you guys, david morgan has a new interview. oh boy. 🙂

  68. Youri Carma says:

    @Vonda Bra

    TnX for Willie Von Bra!

  69. Mauro says:

    Max / Stacy,

    This episode with Jamie the rat was awesome). You guys make journalism be what it once was – fearless of the system and racking at the root of evil. I really enjoyed watching your 300 + episodes and I don’t know how you get your inspiration but keep up on the awesome work and stay safe.

    Btw, would it be possible for you folks to get Chris Duane to speak on the Keiser report?
    I think he has done an awesome work explaining why silver is the best investment out there, and I also believe that you guys are familiar with his work – since you posted some of his videos on your blog previously.



  70. Youri Carma says:

    World Main Show Only – The Banking Monopoly Coast To Coast AM

  71. Youri Carma says:

    World Main Show Only – Financial Coup Coast To Coast AM http://www.youtube.com/watch?v=EOD9y4CE8fg

  72. Youri Carma says:

    Marc Faber vs. Jim Rogers Conversation CNBC 10_4_2012

  73. yonman says:

    Another GREAT program…I really must say…you have a great ability to present this disgusting news in a comedic way. I’ve learned a lot from your show and feel that you have earned the right to ‘loosen up’ during your shows…which makes everything ‘irie’

  74. Youri Carma says:

    October Suprise Spiking Gas Prices? – Gas Prices Hit $5.00 & $6.00 in California http://www.youtube.com/watch?v=XJ47p13BHTg

  75. Youri Carma says:

    US Foodstamp Usage Rises To New Record High
    5 October 2012, by Tyler Durden (Zero Hedge)

  76. SAO says:

    Federal Ratserve
    Love your rat Max. Love your rat.

  77. Youri Carma says:

    Turns Out Dumping 1,300 Tons Of Swiss Gold Isn’t A Resume Builder After All LOLz http://www.zerohedge.com/news/2012-10-05/turns-out-dumping-1300-tons-swiss-gold-isnt-resume-builder-after-all

  78. Youri Carma says:


    Just bought a book Ratline http://www.amazon.com/Ratline-Soviet-Priests-Disappearance-Hitler/dp/0892541709

    About Soviet Spies, Nazi Priests, and the Disappearance of Adolf Hitler.

  79. Youri Carma says:

    Did Hitler Escape? Peter Levenda on Coast to Coast A.M. http://www.youtube.com/watch?v=VFcBh6fF85g

    Peter Levenda | RATLINE – Soviet Spies, Nazi Priests, and the Disappearance of Adolf Hitler http://www.youtube.com/watch?v=kaDy-fYZYo4

    Dreamland: Ratlines – Spies, Priests, And The Secret Of Adolf Hitler 5-18-2012 http://www.youtube.com/watch?v=bIzuqKxiIeY

  80. SAO says:

    Got to love the rat!
    and yes, I think Hitler did escape. I see all wars as being orchestrated down to a science.
    The same types destroying the world today, backed Hitler, controlled FDR, Churchill, etc…Now they control Obama, Romney, Clinton(s), more etcs…Nothing really changes because the people are to dumb down to wake up and put a halt to it. Instead of fighting these immoral, wasteful wars, people should put down the real instigators. The nameless ones behind the curtain. I look forward to the day of full disclosure on everything.

  81. capt ray says:

    … no one posted this? … realy?!


  82. Bonn says:

    Mystery pyramids of Japan
    Return to Antikythera: Divers revisit wreck where ancient computer found
    Site where oldest computer lay for thousands of years may yield other treasures and even another Antikythera mechanism
    Mark H. Gaffney – Hour 1 – Black 9/11: Money, Motive and Technology

  83. davem says:

    Sorting out the mess the last lot left:

  84. Mary Genoud says:

    Thank you for explaining ‘technocrat’ and the death toll of democracy in the Euro zone, Greece, US, etc. You all are really great ‘Mark Twains’ translating financial and economic complexity into bites, we can all understand. Great show, I’m learning alot!!

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