Elizabeth Warren's new 1%: the percentage of fraudulent profits companies pay in fines

The short sellers are culpable as well because many of them implored the banks to create more of these investment packages on their promise to buy them, which they did while betting 100 to 1 against them. They fueled the ramp up, instigated the adoption of loose standards for mortgages, an crashed millions of homeowners while their only plan was to bet the investments would fail.