Follow us @ http://twitter.com/laurenlyster http://twitter.com/coveringdelta Welcome to Capital Account. The Federal Reserve Bank of Dallas says Dodd-Frank did not end too big to fail, and says we must downsize the TBTF monsters in the view of Richard Fisher. This, as some US lawmakers are... More
Follow us @
http://twitter.com/laurenlyste
r
http://twitter.com/coveringdel
ta
Welcome to Capital Account. The Federal Reserve Bank of Dallas says Dodd-Frank did not end too big to fail, and says we must downsize the TBTF monsters in the view of Richard Fisher. This, as some US lawmakers are working to push back the timeline for a key part of Dodd-Frank, the Volcker Rule...a rule regulators and banks already appear to be hollowing out. We'll look at what the costs of these actions could be
Meanwhile, the "Corzine Rule" is reportedly gaining momentum -- this would restrict what brokerage firms can do with customer money. Before looking forward -- what about the unanswered questions and accountability in the MF Global bankruptcy and what we consider theft of customer money? We'll talk to William K. Black, the former regulator who oversaw prosecutions of bankers for fraud during the S&L crisis to find out what it would take to see justice in this case. We will discuss some of the peculiarities surrounding the MF Global bankruptcy, the decision by CFTC chairman Gary Gensler to proceed with a Chapter 11 bankruptcy as per the SEC, with a SIPA/SIPC liquidation for the brokerage unit, which put the customers on even footing with the creditors, instead of a Chapter 7 bankruptcy for the entire company. We ask Bill Black if this is an example of control fraud and regulatory capture, and where a crime has been committed here.
Meanwhile, do you think we have enough lawyers in the US already? Well, you may be happy to hear this...the organization behind the law school admissions test -- the LSATS -- saw the largest decline in people taking the test in more than a decade. Is "the law" in a bear market? Demetri think so. He says the bear market in the legal system is the corollary for the bull market in whistle blowing. Otherwise, you wouldn't need monetary incentives beyond what is already in place to get lawyers to prosecute crimes. Whistle blowers make it easy for the prosecution. Less
Added Mar 21, 2012
Channel News
Duration 28:2 | views 13523
Local Comments 0
Youtube Comments 54
Rating:
Tags
Permalink:

Post a comment
Local Comments (0)
Youtube Comments (54)
MustacheVerra Says:
Apr 22, 2013 - Thanks.
majik2hanz Says:
Apr 22, 2013 - Final broadcast January 4, 2013 R.I.P. Ms. Lyster moved to Yahoo Finance' "Daily Ticker" show. She still interviews many of same people in the industry but is confined to less than 5 minutes rather than having 27 minutes with RT On Yahoo Daily Ticker she seems harried and not as happy as she was with RT when doing the Capital Account show.
Diane Lang Says:
Apr 18, 2013 - Using John McCain in an ad blows your cred . .blows it . blowwwwwwwwwwwwwwwwwwwwwwwwsssss it. BUT William Black rocks it. As for you perverts commenting . you suck moldy used tea bags . get it . good.
MustacheVerra Says:
Apr 11, 2013 - What happened to this show?
Trey D Says:
Oct 13, 2012 - lauren, i bet you are wearing black satin panties under that black outfit, id like to sniff them after you do this segment and lick your heels too
Trey D Says:
Oct 13, 2012 - Lauren L. does "m-hm" very often and very fast
fight2Bfree Says:
May 31, 2012 - Nice catch RT. You hit the jackpot with Lauren.
tayronachan Says:
Apr 2, 2012 - The Fed Gov will be stealing our money soon to pay down the National Debt. There will be a "Bank Holiday" and when are able to access your account again, there will be 50% of it gone. Wake up people. Put your money in silver and gold, and keep at least a month of two of food in your house. It might be a good idea to buy at least a birdgun (shotgun) to protect your junk. Ron Paul called it.
pound7 Says:
Mar 28, 2012 - what is the jobs bill, that Black refers to. What's so bad about it? Can someone please post a link that help explains?
thawthepast Says:
Mar 26, 2012 - Thanks...it was getting a bit deep and the law enforcement was tabled... ..the bathroom smells used! :-)
420shamanhealer Says:
Mar 25, 2012 - first door on the left, after the light switch. If you get to the second door on the left...you have gone too far.
420shamanhealer Says:
Mar 25, 2012 - Glad to see others are waking up!
waldentree Says:
Mar 24, 2012 - This show feels like it's run by college students. Too much hype and glamour.
2237lemon Says:
Mar 24, 2012 - MF Global missing client funds that were transferred to JPMorgan and now JP Morgan convienenttly closes the Vaticans bank account yesterday when the heat goes up a notch. Maybe POOP Benedict Arnold has your missing funds. After all JP Morgan closed the Vatican account in Italy citing non transparency in its anti-money laundering rules and ethics. As if they had any to begin with!
Billy Bob Says:
Mar 22, 2012 - Beauty and brains...a dangerous combination. Too bad many people ignore the things coming out of a beautiful face. Keep busting balls baby!
4exgold Says:
Mar 22, 2012 - Bill Black's awesome
DOUG Dewelder Says:
Mar 22, 2012 - 'The Hegelian Dialectic' (false flag) "There has not been a war in the 20th and 21st century that does not follow the Hegelian Dialectic" Drag the ball to hour/minute 1:00:30 for an explanation followed by example after example (to finally 911 - a must watch) employed to start past major wars: youtube: NWO: Secret Societies and Biblical Prophecy Vol. 1
DOUG Dewelder Says:
Mar 22, 2012 - "You may be thinking that what happened in places like Nazi Germany, the Soviet Union, Mao's China, Pol Pot's Cambodia and scores of other countries in recent history could not, for some reason, happen in the US. Actually, there's no reason it won't at this point. All the institutions that made America exceptional -- including a belief in capitalism, individualism, self-reliance and the restraints of the Constitution -- are now only historical artifacts." Doug Casey, 3/21/12 Casey Reasearch
Raul Orejas Says:
Mar 22, 2012 - Dios, que buena está y, además, inteligente. Sus genes están diciendo: combinadme.
znmcmhn Says:
Mar 22, 2012 - Dimitri's always a good wrap and laugh : )
thawthepast Says:
Mar 22, 2012 - ..i was wondering where the bathroom is located...thanks
newsradiohead Says:
Mar 22, 2012 - Oh awesome, whenever Professor Willy K. Black is on, you know it's going to be a great episode of "Capital Account." You know what they say: once you go Black, you never go back.
highandwired Says:
Mar 22, 2012 - Don't change a thing with the show. You guys are exposing all this criminality and people will start to listen. Thanks Lauren and Demetri.
Ramone Kalsaw Says:
Mar 22, 2012 - Right on Prof. Black: If airlines were regulated like TBTF banks ... the landscape would be littered with bodies : /
Ramone Kalsaw Says:
Mar 22, 2012 - Obama should stop being consigliere for the banks and appoint Elliot Spitzer to head up the SEC ...