“The Wall Street Conspiracy: Discover the Truth”
Free Press FREE movie at the Drexel
Tuesday, November 27, 2012 – 7:30pm
The collapse of the US banking system in 2008 had been forecasted years before it happened by the people in this film. But no one wanted to listen. Instead our country fell apart in the Fall of 2008, the worst financial collapse in the history of Wall Street.
What is naked short selling? It is selling stock in a public company that you do not own and you never deliver to the buyer. Honest people call this stealing. This is done daily by many big banks for themselves and/or their customers.
How can this happen in today’s environment? 30 years ago stock physically changed hands in person between a buyer and a seller on Wall Street. Today, it is done electronically. In many cases, the stock is sold electronically but never delivered. In essence, our system has trillions of dollars of stock IOU’s that will never be collected.
Sponsored by the Free Press, the Drexel Theater, and the Central Ohio Green Education Fund.
Drexel Theater, 2254 E. Main St., Bexley.