Every week Max Keiser looks at all the scandal behind the financial news headlines. This week, Max Keiser and co-host, Stacy Herbert, discuss the Good, The Bad and the Schwing Schwing of making companies scared by putting risk back onto their balance sheet. They also discuss clients getting smoked through massive ploys in the commodity markets. In the second half of the show, Max Keiser interviews Mike Maloney of GoldSilver.com about the latest in the precious metals market and about a $15 trillion Dow.
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A massive case of Euro-sis is hitting the markets. There are a lot of rumors about what will happen, but there is still no definitive word from the credit rating agencies. Germany is the big boy. They still have a AAA credit rating. However, there are talks that S&P will cut France down from AAA to AA, as will as Spain and Portugal.