One is safe during the collapse. Even though you may think that right now. Many many of these shorts and big banks are working together. Because they are during the even the biggest of banks and the biggest of hedge funds will be left and hung out to dry especially when everything goes south as they tuned and let's make some money.

And i want to dive straight. In with the information. So nazim tweeted saying just imagine if short sellers could shorten distort bank stocks like goldman sachs jpmorgan chase or wells fargo hell would literally break loose banks can make deals with short sellers and clamp down on shorting their own stocks. But not for small companies.

But the worrying thing is that actually short sellers and even other banks can show and distort other bank stocks how even major banks can create synthetic shares of other banks if they so wanted to today i want to talk about wall street's naked swindle. A scheme to flood the market with counterfeit stocks. Which helped kill little bear stearns and layman brothers. And the feds have yet to bust the culprits now obviously as i'm sure you can all guess you and i probably know exactly who these corporates are that flooded the market with counterfeit stocks aka synthetic shares which help kill bear stearns and lemon brothers the article starts on tuesday march 11.

2008. Somebody nobody knows who made one of the craziest bets wall street has ever seen the mystery figure spent 17. Million dollars on a series of options gambling that shares in the vulnerable investment bank bear stearns would lose more than half of their value in nine days or less that'd be like taking out 180 put options on the s p 500. For the next two weeks and being 100 confident the s p 500 was going to half they said it was madness like buying 17 million lottery tickets.

According to one financial analyst. But what's even crazier is that that bet paid off at the close of. Business that. Afternoon bear.

Stearns was trading at 6297. At that point whoever made the gamble owned the right to sell huge bundles of bear at thirty dollars and at 25 on or before march 20th. And it says the very next day march 12th bear went into free fall by the end of the week. The firm had lost virtually all of its cash and was clinging to promises of state aid by the weekend.

It was being knocked to its knees. By the fed and the treasury. Now whoever bought those options on march 11th. Woke up the morning of march 17th having made 159 times his money or roughly 270 million dollars from only 17.

Million dollars in options after that news break there were tons of allegations of insider trading being thrown around the head of the sec or the chief of the sec. Nodded sternly and promised yes he would look into it. What actually happened is another matter. Although.

The sec issued more than 50 subpoenas to wall street firms. It has yet to identify the mysterious trader who somehow seemed to know in advance that one of the five largest investment banks in america was going to completely tank in a matter of days now right now this may remind you of gary gensler and amc. But in a matter of a few weeks or a few months this may be gary ginsler completely ignoring the failure of bank of america of jp morgan of credit suisse or many other major financial institutions. It says six months after bear was eaten by predators.

Virtually the exact same scenario repeated itself in the case of layman brothers. Now the article then goes on to talk about how bear stearns wasn't given this state aid and instead was acquired by jp morgan at around two dollars per share. It goes on to explain what naked short selling actually is or how synthetic shares are actually created. But i'm sure by now you all know exactly what naked shorting actually is and exactly how synthetic shares are created annoyingly.

I can't leave the link to this article down in the description below because the link itself actually gets me flagged on youtube. But if you do want to read the whole article if you search for rolling stone and also bear stearns synthetic shares. It should be the first one to pop up. But the article goes on to say bear stearns wasn't the kind of company that had a problem with naked short selling before march 11.

2008. There had never been a period in which significant quantities of bear stock had been sold and then not delivered now we all know about these shares that are sold and not delivered because they relate to filter delivers. It said there hadn't been a period where tons of bear stock had been sold and not delivered and the company had never shown up on the regulation sho list. But be beginning on march 12th.

A day after the fed meeting that failed to include bear and the mysterious purchase of the options betting on the firm's imminent collapse the number of counterfeit shares in bear skyrocketed so it's not just synthetic shares and filter delivers an amc that actually happen. It's very very possible during the collapse. We'll see tons of major banks with naked shorting with filter delivers and with synthetic shares. It says.

The best way to grasp. What happened is to look at the data on tuesday march 11th. There was 201 000. Shares of bear that failed to deliver the very next day that jumped to 12.

Million by the close of trading that friday the number past 2 million and when the market reopened on the monday that had jumped to. 137 million ftds now 137. Million ftds is absolutely ridiculous you may remember the other day that i spoke about amc's ftds. Having just passed 1 million.

In a single day and at actually on the 3rd of. June it passed 26. Million on a single day but back in 2008 bear stearns on a single. Day saw 137.

Million ftds and this is exactly why i say that during the collapse. Nobody is safe we may see credit suisse with hundreds of millions of ftds. Being synthetically shorted into the ground in a single day. Senator.

Ted kaufman. Said. There's not a doubt in my mind. Not a single doubt that naked short selling helped destroy bear.

When he was asked to rate. How obvious a case of naked short selling on bear stearns actually is on a scale of one to ten. He replied. Saying easily at 10 so even though that we right now know the blatant naked shorting of amc is also easily a 10 one day and a few weeks time or maybe a few months time the blatant naked shorting of bank of america.

Could also be a 10 as well and it also says three months later the killers struck again on june 27th. 2008. An avalanche of undelivered shares in layman brothers. Started piling up in the market it went from 705.

000 fails to 814 000 fails to 15 million fails the attacks then spiked in september on. September 10th there was. 58 million failed trades or ftds the day after. 226.

Million and the next day after that. 328 million ftds that is an eye watering. 328. Million ftds in a major bank like lehman brothers during its bankruptcy as a.

Reminder the other month amc only saw 26. Million and therefore during the coming collapse over the next few weeks in the next few months. It really will turn into a dog eat dog world and we will see even major banks naked shorting each other i think a number of these banks and a number of these hedge funds are going to find out that it's all well in good naked shortage. A company like amc.

But when it's being done back to them. It's not quite as fun and as nazim tweeted. This is short hedge funds right now taking out margin loans to maintain collateral. So they don't get margin called.

But as i've said during the collapse. Nobody will be safe and many of these major banks will end up shorting each other and they will end up. Recalling these loans that have been given out to these short. Hedge.

Funds and these short. Hedge. Funds will end up going bankrupt. Obviously.

As more of these tech stocks start falling and major banks start naked. Shorting each other major banks will end up failing. And trying to recall their loans from hedge. Funds.

Like short. Hedge. Funds. And they will end up being liquidated as well and this time.

The nsec or the dtcc won't be able to come and bail them out and waive those margin calls as suzanne trimboth tweeted. She said. It's come from bad to worse at year end. 2007 the nscc had a clearing fund of.

49. Billion billion dollars to backstop 75. Billion dollars of open. Positions but year end.

2021 the nfcc had a clearing fund of 262. Billion to backstop a whopping 185 billion dollars of open positions and therefore. It's likely the next time when massive margin calls come around not just margin calls of nine billion dollars. That can be covered by the nscc in the dtcc when these margin calls exceed into the hundreds of billions.

If not into the trillions. It won't be able to be waived this time around and i think these major brokers and these major trading platforms are starting to wise up to exactly what's currently happening and exactly what's coming over the next few weeks and the next few months. I received these screenshots from a very very. Large creator in the community somebody that has over 500 000.

Subscribers. And these are actual screenshots. He received from charles schwab and from public. When he tried to transfer some of his shares this creates holds amc shares in his public account.

And he recently tried to transfer them over to schwab. And he received an email from schwab saying. Thank. You for your recent request to transfer assets to the schwab and they said before we can proceed with your transfer request.

The shares in your public account need to be moved to direct registration. Please contact them for assistance with this process. He then obviously started up a chat with public because he needed his amc shares to be drs by public to actually be sent over to schwab. I think.

This is because these brokers like schwab are starting to wise up to exactly what's happening in the market and they're no longer accepting these sketchy ious from trading platforms. Like public weeble robin hood and many others. These trading platforms. Don't want to be caught with sketchy ious that mean nothing when a trading platform.

Like public. Robin hood or weeble ends up going bankrupt. They need their actual legit shares. And that's why schwab is requesting that public actually drs their amc shares or direct register.

Their amc shares before sending them over to schwab schwab obviously know that a number of these tech startups are in trouble and they know that a number of these exchanges are currently insolvent and therefore they need actual shares to be transferred not sketchy ious. Now i think something that's really worrying is the fact that this message would was sent to public 42 minutes ago and they completely ignored his request. But guys be sure to let me know what you think down in the comments. Below and as always guys be sure to ding that notification bell.

Because that way you'll be alerted when i upload a new video cheers.