Karl Deninger & Reggie Middleton on Market Ticker's Blogtalk Radio discussing foreclosure fraud, bank risk and derivatives. Best viewed in HD and full screen for graphics. Background graphics supplied by BoomBustBlog.com.
"None of these banks have enough equity to take this and survive." -- Karl Denniger
[When everybody knows] those [banks] have no equity -- [there will be] an instantaneous run on the banks." -- Reggie Middleton