$50 Billion Wall Street Fraud
Just in time for the holidays, more self-inflicted economic catastrophe. Yes, that is a B in the post title.
Brought to you courtesy of a former NASDAQ chairman. McCain’s Wall Street greed sermonizing suddenly sounds too mild.
A Wall Street powerbroker for nearly 50 years who built an influential firm has confessed to a massive fraud scheme that will cost investors at least $50 billion, federal authorities say.
h/t Hot Air
PS – Where’s their bailout?
PPS – Watch as this drives Blagojevich out of the news
PPPS – Dang, Patterico already posted on this. I missed it.
