Tuesday, 31 August 2010

Lehmans, Enron and three card monte



This isn't hot off the press, but worth a quick view. Ex-regulator William K. Black telling it straight about the Lehman Bros collapse. He gives a staggering figure for the amount of fraudulent loans - 90% - and likens the scam to three card monte, demonstrated here.

For further information about just how crooked Wall Street and the Fed has become, check out Alex Jones' interview with the guy, first part here.

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