Mirror on the Internet Archive
Consider this documentary as counter-programming to This Is Financial Advice (post and re-post).
In 2008, rampant fraud on Wall Street created billions of counterfeit shares in the stock market, bond and futures markets, and the credit default swap market, helping to cause the catastrophic collapse of the entire world’s economy. Known as naked short selling, the fraudulent practice caused the collapse of hundreds or even thousands of American companies, cost our country countless jobs, decimated retirement funds, and even flooded the market with fake mortgages. The Wall Street Conspiracy chronicles the stories of a small group of activists who worked tirelessly to expose the corruption in our financial markets.
Coming from all walks of life, some were entrepreneurs like Overstock CEO Patrick Byrne and Eagletech’s Rod Young, others were activists, like Mark Faulk, Darren Saunders, and Dave Patch, economists like Susanne Trimbath and Robert Shapiro, and lawyers Wes Christian and John O’Quinn. They tried to educate investors, Congress, the SEC, and even the President about the imminent danger of allowing this financial terrorism to continue, but their cries fell on mostly deaf ears. This is a story of rampant greed, corruption, and the failure of our government to act to stop it… before it was too late.
Thank you for spreading the word. I just subscribed to r/beyond_uranus and r/beyonduranus to upvote your post. I saw that Altruistic-Beyond223 suggested The Dark Side of the Looking Glass –– if you like watching that, then you can post it to Lemmy!