Saturday, April 14, 2012

Keiser Report: Too Broke To Go Broke

Apr 14, 2012 by    Follow Max Keiser on Twitter:

In this episode, Max Keiser and co-host, Stacy Herbert discuss the hot topic of currency wars in China and Americans being too broke to go broke while hoping to outrun the global flash crash. In the second half of the show Max talks to Rick Ackerman of Rick's Picks newsletter. They discuss flash crashes, market making, options trading, manipulating markets and more.

Capital Account with Chris Martenson

Apr 13, 2012 by

James Turk on $70 Silver

James Turk discusses the Gold and Silver market, QE and his short term price range for silver of $68-$70 with Eric King of KWN. Listen here

Doing God's work for only $16.2 million per year

(Reuters) - Goldman Sachs Group Inc (GS.N) Chief Executive Lloyd Blankfein's compensation increased 14.5 percent to $16.2 million in 2011 despite a sharp decline in profits and share price during the year, leaving the bank open to more attacks on its pay policies.

Blankfein's pay boost includes stock awards from previous years that vested in 2011, and therefore does not reflect the amount that Goldman's board awarded him strictly for the company's performance last year.

Goldman offered another figure, $12 million, as the amount Blankfein received for his performance last year. That number reflects a 35.5 percent decline from 2010, when Blankfein received $18.6 million in performance pay.

The $16.2 million figure comes from a formula the U.S. Securities and Exchange Commission requires companies to use when reporting pay packages in proxy filings, where Goldman detailed Blankfein's compensation on Friday.

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US DHS loads new deadly bullets

Apr 12, 2012 by

Chinese supertankers boost Iran crude fleet ahead of oil embargo

Apr 13, 2012 by

China is set to help Iran counter the EU oil embargo that's due to come into force in July. Beijing will deliver the first of 12 huge crude carriers to Iran next month to expand its tanker fleet, as many firms refuse to transport Iranian oil due to western sanctions.