Archive for July 23rd, 2008
AlJazeera – I demand Max Keiser’s Oracle
Financial analyst and journalist, Max Keiser shot a pilot in January 2008 for AlJazeera English titled The Oracle.
While the show has to be polished up (it is a pilot), the concept is simply brilliant; News before they happen.
He predicted the failure of a major U.S. bank by the end of 2008. Bear Stears in March and IndyMac in July. Take your pick. As usual, his predictions hit the nail on the head.
I believe this show should most definitely be picked up by AlJazeera. If you agree, please email:
tony.burman@aljazeera.net (Managing Director)
scott.ferguson@aljazeera.net (Programming Director)
nigel.parsons@aljazeera.net (Business Development)
As predicted on Financial Traffic
Most will agree that we can tell there is fire when we see smoke. We see it coming and while we’re hoping for the best, we’re getting ready for the worst.
The prediction I made yesterday was along the same vein. I was hoping to be wrong, unfortunately, I was right.
In case you missed it, I wrote yesterday about the number of fraud victims to be on the rise as Americans are getting broke.
Ulises Garcia, I’m sad to say is now a statistic. He is a victim of financial fraud. One day after I wrote about this.
Who is Ulises Garcia? He is just an average fellow. I don’t know him and his fiancé personally. But I’m quite positive that they are both decent people who minded their own business. That is until they met their swindler, Wachovia Bank.
When withdrawing money at a Wachovia Bank branch, Mr. Garcia was given 10 counterfeit $100 bills. Now, the bank will not reimburse the money. However, it’s also been reported that in a separate incident, another person was reimbursed the $40 received in counterfeited money.
Possibly, the scam was done by a rogue employee. However, judging by the recent reported troubles of Wachovia, the apparent lack of customer care and the possibility of criminal employees, I know who I will not bank with.
Link to the story
