turmoil in the ruble, fraud at a rate, and Elizabeth Warren takes aim at Citigroup.

This is industry focus.

Hi Fool's

Financial analyst Michael Douglas here with our senior baking

specialist John Maxfield and we've got a packed show today.

John, how's Portland?

It's great, it's great and it's particularly great that we have this technology that I can see you all across the country in real time.

It's wonderful. I'll say, I will say this, that there is so much joy and cheer coursing to the economy right or

through the society right now it must be driving you nuts.

Oh well yeah a little bit.

Fortunately we can turn to the stock market and find really quite the opposite

going on. So it's been kind of a crazy couple weeks in the market. Of course, the Russian

rate jump has just, you know, huge turmoil with the

Rubel of course connected to the issues with oil prices, oil prices falling,

the Rubel crashing against the dollar.

Let's let's talk through that.

What's the background there?

So the background is this.

So the United States, you know, we put on some sanctions, some economic sanctions on to following on the you know the Ukraine ordeal and

then the OPEC came in and they are pushing oil prices down right I think oil prices have

fallen something like 50% over the last few months.

Well the problem with this for a country like Russia that exports a lot of oil and natural

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