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Mike Morgan: "Calpers Will Be Completely Wiped Out By Commercial Real Estate" (Max Keiser Video)


'On The Edge' With Max Keiser and Mike Morgan of GoldmanSachs666.com.  Morgan is a real estate guru and housing and foreclosure consultant.  Their discussion includes a story about a shady CRE deal involving Nancy Pelosi's nephew, Calpers and Morgan Stanley.  Morgan sees pension devastation ahead for Calpers (and others), due to commercial real estate portfolios, balance-sheet bombs.


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Part 2.  A pension collapse awaits us.  Also some honest discussion of Paulson, TARP, Cuomo, JPMorgan and Obama.


This might be the best overall video of the three.  Max doesn't disappoint in his delivery of the truth.  Way too many topics to list.  The U.S. dollar-based post WWII phantasmagorical world of never having to pay your debts is coming to a close.


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Reader Comments (13)

Goldman Superheroes Rescue Plan "Out of this World!" (Part I) Cartoon
Sep 24, 2009 at 11:42 PM | Registered CommenterDailyBail
Max Keiser Archive: There is some phenomenal stuff in here if you are new to Max...much more animated and hilarious than the above videos were he is quite subdued, imo.
Sep 24, 2009 at 11:46 PM | Registered CommenterDailyBail
Was Bernie Madoff's Rip-Off Only $13 Billion?
Sep 25, 2009 at 3:03 AM | Registered CommenterDailyBail
Max Keiser On Criminal Banking Syndicates, Moral Hazard, The Gold Standard & Goldman Sachs

My #2 favorite Max clip.
Sep 25, 2009 at 3:05 AM | Registered CommenterDailyBail
Max Keiser: "Goldman Sachs Are Scum That's The Bottom Line" (Best Emotional Revenge Clip Of The Year)

Favorite Keiser clip.
Sep 25, 2009 at 3:06 AM | Registered CommenterDailyBail
Sep 25, 2009 at 3:07 AM | Registered CommenterDailyBail
Goldman Sachs Helped Michael Moore Make His Anti-Capitalist Film
Sep 25, 2009 at 3:08 AM | Registered CommenterDailyBail
Nope, Investors Didn't Irrationally Panic After Lehman Collapsed
Sep 25, 2009 at 3:12 AM | Registered CommenterDailyBail
Goldman Desperate To Avoid PR Disaster Come Bonus Season

Here's An Idea...give the taxpayers back our $13 billion you got from AIG at 100 cents on the dollar!!!
Sep 25, 2009 at 3:14 AM | Registered CommenterDailyBail
Sep 25, 2009 at 3:17 AM | Registered CommenterDailyBail
Nancy Pelosi... Shit, where do you even start, this is only the beginning of us finding out about their relatives prospering from America's demise... This is going to be like when Margaret Thatcher's son was involved in the attempted coup in the congo to secure oil and diamond reserves... Funny how he is scott free and the others are spending the rest of their lives in prison...
Sep 25, 2009 at 7:22 PM | Unregistered CommenterJohn Wayne
Now Jay Rockefeller has a bill in his grasp that will become law to shut down the free speech on the internet any time he wants. Who made that asshole god? That freakin bastard should be tarred and feathered and thrown into a volcano before he should sit in the government. How could he get elected? Cheat. Where the fuck are the troops to protect us from the enemies from within? Commie braindead´╗┐ robot cowards!.
Mar 14, 2011 at 4:09 AM | Unregistered CommenterConcrete Repair
Absolutely true! To suggest high housing costs (prices) are a 'good' thing is utterly idiotic. High housing costs create high housing costs...duh; but remember that always translates to high rental housing costs---ALWAYS---F-ing dumb ass's! To suggest high housing costs are a 'good' thing, is absolutely no different from suggesting high food costs are a 'good' thing. WHY YOU ASK? Because both commodities fall under the "ESSENTIAL HUMAN NEEDS"´╗┐ category--Again, F-ing Dumb ass's! Fluoride heads!
Mar 24, 2011 at 6:05 AM | Unregistered CommenterFascias warwickshire

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