Banks or Ponzi schemes?

On this episode of The Modus Operandi, host Manila Chan delves into the latest controversy surrounding some of the largest banking institutions in the world, including Switzerland’s Credit Suisse. Manila sits down with financial analyst and former Credit Suisse employee David Tawil to find out the root cause of the monetary disaster and why some major US bank institutions are still facing runs in the 21st Century.

SOURCE: RUSSIA TODAY