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Fraudclosure: How the 2nd Greatest Fraud in History Might End PDF Print E-mail
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Friday, 22 October 2010 06:16
“I was quite shocked at what I had learned in the course of making the film [INSIDE
JOB].  Quite shocked. . . .  The first [thing that surprised me the most] was how low
Wall Street had sunk with regard to its ethics.   When I started making the film if
somebody had told me that Goldman Sachs and other investment banks had been
designing securities to fail so that they can profit by betting against them, I wouldnʼt
have believed it.  I would have said, “No, you know, people donʼt do that in the United
States.”   But in fact they did [exactly that] with tens of billions of dollars of securities.”
~ Charles Ferguson, Director of “INSIDE JOB”
 
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