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How Hedge Funds Killed Lehman & Tanked The Economy

November 9, 2010 · By Sandy Smith

Disclosure: This content is for educational purposes and should not be considered individualized financial advice. Some links on this site may be affiliate links, which means Yes, I Am Cheap may earn a small commission if you make a purchase or take action through those links. This does not change your cost. We only share resources we believe may be helpful to readers.

I know that I’m beating a dead horse here, but if you’re still a little mad about the shellacking (thank you for that phrase President Obama) that the global economy has taken and want answers, boy, have I got some videos for you.

The videos below cover naked short selling and how the illegal activities of some large hedge funds basically ran two companies that were at least a generation old right into the ground leading thousands of people to be laid off (many of them my friends) and dragging down my 401K balance and the entire economy.

The SEC is a crap organization that goes after small fry insider traders while ignoring the Bernie Madoff type of schemers and billion dollar hedge fund managers that clearly manipulate the world economy for their own personal financial gain. Anyway, please watch the videos.


About the Author

Sandy Smith

I started this blog years ago as a way of keeping myself accountable to my own debt reduction plans. Now I'm using this site to help others get out of debt, and learn about personal finance so that they can live their best lives.

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