Not exact matches
For co-founder Henry Blodget, the sale of Business Insider caps a remarkable second act: A former securities analyst
during the dot - com
bubble of the late 1990s, Blodget was charged with
fraud in 2002 for publicly promoting stocks that he was privately skeptical about.
Without a doubt, the same degree of
fraud of has been used to concoct the various tranches in these CMBS trusts that was employed
during the mid-2000's mortgage / housing
bubble, with full cooperation of the ratings agencies then and now.
Based on the non-fiction novel by Michael Lewis «The Big Short: Inside the Doomsday Machine,» the film tells the story of the build - up of the housing and credit
bubble during the 2000s that led to the discovery of mass subprime
fraud and the financial crisis of 2007 - 2010.
The selloff
during September was made worse by the aforementioned market leaders such as CEO of Morgan Chase & Co., Jamie Dimon, who stated that bitcoin is «a
fraud» as well as a
bubble.