Attorney Wes Christian, who represents more than 300 plaintiff groups, outlines the nature and extent of Wall Street’s crimes against widows and orphans, pension funds and Main Street. Christian alleges that Wall Street and its co-conspirators have stolen more than $100 trillion in the last 10-20 years through a method called naked short-selling, whereby they basically sell financial assets, such as stocks and bonds, electronically but deliver nothing.
Naked short-selling is used to manipulate our markets, letting Wall Street sell stock that doesn’t exist to rig the system. Instead of putting in the hard work and providing companies the equity to grow, Wall Street has opted for the easier route of killing these organizations outright, destroying jobs and innovations. Says Christian, “The truth is, naked short-selling at this systemic level, threatens the very integrity and stability of our stock markets. This is the largest commercial crime in the history of our country.”
Christian joins blogger Robert David Steele for more discussion on Wall Street’s treason and its complicity with foreign powers, including the UK and Israel, to undermine the U.S. economy, government, national security and society, and on money laundering from trade in women and children, drugs, and other contraband.