Wall Street — Destroying Companies For Profit

by RoryKearney | October 23, 2008 at 12:57 am

309 views | 0 Recommendations | 0 comments

Damning Video - 10 minutes - Patrick Bryne sticks his neck out again and takes aim at Wall Street, the Government, the financial Media. http://current.com/items/89439340_destroying_companies_for_profit

The SEC, the Senate Banking commitee, the NY Financial Press, are all captured.

"New York Post business editor Dan Colarusso, who was secretly caught on tape a couple of years ago, discussing his approach to dealing with the emergence of pro-market reform bloggers – and Patrick Byrne in particular – raising the very questions I’m raising here now.

Colarusso : When I think about Patrick Byrne…you know…we have barrels of ink and stacks of money and all the resources in the world at our disposal, legal, and via our media, to crush him.

DeepCapture.com

If you ever wondered how or why a stock price suddenly drops like a rock on incredible volume, or why executives battle damaging reports in the NY financial press and in analyst reports, see this video. But only if you want to know how Wall Street really works.

Wall Street has a profitable trading strategy that it has been carefully hiding, because it involves the destruction of companies.

Just recently Deutsche Bank was found by the NYSE to have been selling massive amounts of shares it did not have nor deliver over a period of 22 months. This floods the market with "shares" and sucks out investors money - unbeknown to investors - and damages the companies - the more the better. This trading scheme is called "Naked Short Selling". And it is very profitable for those who do it. The more a company goes down - the more they make.

Please take a moment to spread the video link and vote the video up. The more votes, the greater the exposure. Thanks to TommyToyz of the The National Investor Protection Coalition.com (NIPC), the Easter Bunny from TheSanityCheck, Bud Burrell, Mark Mitchell of DeepCapture.com, Judd Bagley from antisocialmedia.net, David Patch from InvestigateTheSec.com