Markopolis, Yamada, Hathaway interviewed at King World News

[Serpo]

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/6_Madoff_Whistleblower_Tells_KWN_Banks_Stealing_Fr om_Pensions.html

Markopolis



http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/6_John_Hathaway_-_Bank_Failures_Moving_Gold%2C_This_is_Contagion.ht ml

Hathaway




http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/7_KWN_Special_-_Louise_Yamada__Gold%2C_Silver_%26_US_Dollar.html

Yamada

[osoab]

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/10/8_Harry_M._Markopolos_files/Harry%20Markopolos%2010%3A8%3A2011.mp3

audio version of the Markopolis interview.

[Golden]

Peter Gibbons: [Explaining the plan] Alright so when the sub routine compounds the interest is uses all these extra decimal places that just get rounded off. So we simplified the whole thing, we rounded them all down, drop the remainder into an account we opened.
Joanna: [Confused] So you're stealing?
Peter Gibbons: Ah no, you don't understand. It's very complicated. It's uh it's aggregate, so I'm talking about fractions of a penny here. And over time they add up to a lot.
Joanna: Oh okay. So you're gonna be making a lot of money, right?
Peter Gibbons: Yeah.
Joanna: Right. It's not yours?
Peter Gibbons: Well it becomes ours.
Joanna: How is that not stealing?
Peter Gibbons: [pauses] I don't think I'm explaining this very well.
Joanna: Okay.
Peter Gibbons: Um... the 7-11. You take a penny from the tray, right?
Joanna: From the cripple children?
Peter Gibbons: No that's the jar. I'm talking about the tray. You know the pennies that are for everybody?
Joanna: Oh for everybody. Okay.
Peter Gibbons: Well those are whole pennies, right? I'm just talking about fractions of a penny here. But we do it from a much bigger tray and we do it a couple a million times.

Federal prison bitches!