Video: To Catch a Trader | Watch FRONTLINE Online | PBS Video: a good Frontline expo of insider trading by Wall Street hedge funds. Of course, it has limitations. For example, there is zero mention of offshore banking entities like the ones used by Romney. There is no examination of lobbying Washington to get laws weakened or removed. Or why hedge funds suddenly shot up like a rocket when the Wall Street laws were changed in 1998.
A cartoon I drew in 2007 when the banking system began its spectacular collapse: SEC Goes After Sentinel Hedge Fund For Fraud!
Hedge funds flourished once bank regulations and free trade allowed financiers to operate openly offshore while avoiding taxes. With the keys to the Federal Reserve vault firmly in hand, they gambled with everyone’s lives, they are the sharks swimming in the world’s free trade oceans, savaging entire countries while becoming very, very rich off of this destructive behavior.