Saturday, November 20, 2010

FRONTLINE on PBS

Brooksley Born was born to give the people the truth. FRONTLINE delivered an eye popping expose' on the HOT TOPIC of our failing USA economy! If you lost money, value or hope as a result of the economic crisis that is yet to be admitted as worse than that of the great depression, then feed on the truth for 55 minutes and watch the PBS special produced by FRONTLINE entitled:
THE WARNING
A decade before our current financial crisis.
http://video.pbs.org/video/1302794657/

In 1998 as the Chair of the Commodity Futures Trading Commission (CFTC) , Brooksley Born was shut down by the Ayn Rand follower Greenspan during her plea to investigate and then regulate the common practice of huge financial institutions trading over-the-counter derivatives. She warned that the trading of unregulated financial contracts, such as credit default swaps, by the billions between banks, were open to fraud which put our USA economy at risk. It put American people at risk of losing jobs, homes, and values to support retirement. In 2009 Brooksley Born was given the Kennedy F Kennedy Profile in Courage Citation.

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