September 14, 2018

Are We Ready for Lehman Brothers 2.0?

This is Frank Gaffney with the Secure Freedom Minute.

Ten years ago today, the global economy was rocked by the virtually overnight collapse of the major U.S. investment bank Lehman Brothers. The cost was measured not only in terms of the massive economic damage done.  Arguably, the attendant political turmoil propelled Barack Obama to the presidency, enabling his stated ambition to “fundamentally transform” this country.

Veteran financial analyst and best-selling author Kevin Freeman contends that Lehman was subjected to a type of bear-market attack known as “naked short-selling.”  His forensic investigation suggests it was engineered by Middle Eastern sovereign wealth funds of Qatar and the UAE.

Worse yet, Mr. Freeman warns that the United States is dangerously vulnerable to economic warfare today.  That’s particularly concerning at a time when another, potentially decisive election looms in which the strength of our economy is an even more important factor than usual. 

This is Frank Gaffney.

 

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