[Toddsterpatriot]

The video claims naked short selling was legal. That is not true. And they mention stock was sold and not delivered that day. Stock when sold doesn't have to be delivered for 3 business days.

They also say $29 billion in taxpayer dollars were used to guarantee the purchase of Bear Stearns. No taxpayer dollars were used.

[Orange1998]

The videos claims Naked short selling illegal. And said short selling is legal.

I understand the FED extended a loan that JP Morgan backed with complex securities of questionable value. Its too early to tell the outcome of the deal but if the FED lose money it will offset any profits which means the taxpayer will take a loss on the arraignment.