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Lehman Brothers’ US$400B settlement to 3 banks sparked financial melt-down

May 25, 2009

… so reported Dr Hesham Tillawi at Current Issues TV here in a video uploaded to YouTube on 11 October 2008.

His revelation was by far (to me at least) the closest to the truth as to what really caused the bubble in USA to pop. Dr Hesham also provided the answer to the most oft asked question: “Where did all (the) money go?” in no uncertain terms.

No prize for the correct guess, yet most would not be the least surprised at the answer.

(You may want to turn up your volume to listen to the clip featured.)

Here’s the clip that Dr Hesham referred to at the end of his video above …

Don’t get cranky now, you hear.

From → World Watch

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