[KR720] Keiser Report: HSBC Apologises For Its Puny Crime, Fails To Mention Its More Massive Crimes

We discuss how when the going gets tough, the bureaucrats start lying. They also discuss HSBC’s full page apology for the very least of their crimes – which is their role in the puny tax evasion, a crime much smaller than Libor rigging, forex market manipulation and money laundering for the Mexican and Colombian drug cartels. In the second half, Max interviews Mitch Feierstein of PlanetPonzi.com about the Carney effect on the Canadian dollar and the property bubbles in Canada and the UK.