In one firm the entire leadership sold between 60 and 90 percent of the stock. The ultra wealthy go the word next, and did the same. All the while the stock price held steady. The average American was on the tale end of the line and as has happened repeatedly for the last ten years, got stuck with the billion dollar bill.
You think Enron was Bad ! This article includes a dozen of them you never heard of and how a secretive firm that has hidden from view for most of the decade coordinated the ripoff of Main Street America.