The China Hustle

IBF

Insane Member
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Sep 21, 2016
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An unsettling and eye-opening Wall Street horror story about Chinese companies, the American stock market, and the opportunistic greed behind the biggest heist you’ve never heard of.

"There are no good guys in this story, including me," says Dan David, a financial whistleblower. After the 2008 stock market crash, David — like almost everyone else in finance — was looking for ways to make big gains quickly. China became an appealing target. Hundreds of Chinese companies entered the US stock market through reverse takeovers with American companies. They boasted tremendous growth, had little oversight, and created a stock-market feeding frenzy. It seemed too good to be true and it was.
 
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