InvestorMind

Welcome to Capital Account. More than $200 million in customer money is allegedly missing from the accounts of one of the largest, non-clearing, US futures commission merchants, PFG Best. That's according to regulators. The money was supposed to be in segregated customer accounts. Customers have been told their money is frozen. Does this sound oddly familiar? We will hear from two PFG Best customers, Christopher Olson and Mohamed Hawary. And there is evidence PFG Best may have been committing fraud with falsified statements for years, according to regulators. The FBI is investigating, the CFTC is alleging fraud, but why did regulators miss this? We'll talk about what this shortfall means for investor confidence when a regulated broker can get away with this undetected for years. And this is not the first time sacrosanct segregated customer funds have gone missing. MF Global went bankrupt less than a year ago taking $1.6 billion in customer money with it. We talk to a man f...

Welcome to Capital Account. Federal Reserve Chairman - and central planner in chief - Ben Bernanke trotted to the hill today to give another one of his "economic outlook" speeches, as traders listened carefully for any news that might give them an edge on their dailyspeculations...hoping to make a quick buck. A quick buck, it seems, is all that Americans can hope to make these days, with interest rates suppressed at near zero for almost 4 years, forcing more andmore hard-working people to speculate on riskier assets if they would like any sort of return on their money at all. For those less inclined to spin the roulette wheel, there is always the comfort of one's mattress, which guarantees a return of some of your money - whatever is not confiscated through what Mr. Bernanke so euphemistically calls Quantitative Easing: We call it counterfeiting. More confrontational souls may refer to it as outright theft... Bernanke and other Fed governors like Janet Yellen, who in ...

Interview with Currency Wars author Jim Rickards at RT's Capital Account with Lauren Lyster.

RT's Capital Account with Lauren Lyster.