Follow this link to a video by Judd Bagley that puts into a much more graphic form the information I alluded to in my previous post about naked short selling.
If this video doesn’t get you steaming mad, then you aren’t paying attention.
The AIG bonus brouhaha is a convenient issue to keep you from looking at what is the real cause of our financial problems.
By the way, I was led to this video by going pack to the comments on the DeepCapture post that I mentioned before.
On 19 March 2009, Bloomberg’s Gary Matsumoto wrote Naked Short Sales Hint Fraud in Bringing Down Lehman. This article covers some of the same material as Judd Bagley’s video above, with less flamboyance.