A crime is routinely occurring in our capital markets, but it is enormously profitable for Wall Street banks and hedge funds so they instruct the SEC not to address it. The common name for the crime is “naked short selling” but this is just one flavor of a much broader problem: unsettled trades in our capital markets.
At the time much of the content on DeepCapture.com was written, the Great Financial Crisis of 2008 was either on the verge of happening or had just occurred. In those days, emotions among this publication’s contributors were raw and, in an effort to get their warnings noticed and appropriate blame placed, occasionally hyperbolic language and shocking imagery were employed. Were we to write these entries today, a different tone would most certainly prevail.
Yet, being a record of a pivotal time in our global economic history, we’ve decided to leave the rawness unedited, with the proviso that readers take the context of the creation of certain posts into account, and that those easily offended re-consider the decision to read them.