Max Keiser was on Silfur Egils today.
I have to confess I had no idea who Max Keiser was, although the name did ring a bell. After a minute or two of searching I remembered why – TJ posted something about him in the forums a while back.
Clearly not everyone is like me, because from what I can gather, this Keiser guy is relatively well known and has a pretty popular website. At any rate, he was there giving his two cents worth about Iceland’s predicament, Icesave and so on, and even revealed that he was present “at the sushi bar at 101 Hotel” back in 2006 when a bunch of hedge fund managers decided to stage an attack on the Icelandic krona.
Having watched the interview, I’m not sure what to think of this guy. I’m especially not sure what to think of his remark that capital crimes deserve capital punishment [is that a joke …?]. Also, I don’t agree with his remark that anyone who deposited money in the Icelandic online banks was taking a big risk and should stop whining. I have personally spoken to depositors who made expressly sure that their deposits of up to EUR 20,887 were guaranteed by a deposit insurance scheme, although it could be argued that they might have questioned whether the Icelandic one was capable of covering all those deposits — personally I wouldn’t blame a regular retail depositor for not thinking of that.
In any case, here is the interview, in two parts.