Keiser Report: Mortgage Slaves (E576)

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In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss teddy bears, sunk cost fallacies and home buying binges. They also look at Wells Fargo returning to the subprime mortgage market just as Blackstone may be looking to bail on its 43,000 single family homes. In the second half, Max interviews Chris Whalen about the imminent default in Puerto Rico and what this could mean for the greater debt market.

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Max Keiser is a former broker and options trader but more recently a respected news and market analysis pundit. He appears on independent media networks like RTT and AL Jazerra and is well known for uncovering cronyism and predicting major trends on his show the Keiser Report. Videos provided by and © Max Keiser or RTT.