Wall streets Naked short Swindle, trillion dollar lawsuit

Its the largest fraud case in world history. Between June of 2004 and October of 2005, over 2 trillion dollars worth of fake (naked short) CMKM Diamonds Inc. shares were sold to the public. The companys shareholders are now suing the S. E. C Commissioners for 3. 87 trillion dollars. Tim Barello from the Manhattan Headlines Examiner joins Alyona from New York to tell you more. Matt Taibbi also has good utube on Naked short manipulations in the market. Defendants: CHRISTOPHER COX, an individual; MARY L. SC