$330 billion auction rate securities debacle as the worst single case of fraud in US history

The Wall Street Fraud Watchdog is the premier private Wall Street investor advocate in the world. For nearly nine months the group has been pressuring state attorney generals to force settlements out of stock brokerage firms, investment bankers and US banks that sold auction rate securities to 145,000 unsuspecting US consumers and 1,000's of businesses, or organizations. While some of the larger sellers of auction rate securities have agreed to at least a retail customer settlements, scores of banks and or stock brokerage firms have yet to do anything. According to the Wall Street Fraud Watchdog, "We think banks or stock brokerage firms are just hoping the auction rate securities mess will simply go away, given the current carnage on Wall Street. Unfortunately for banks like Wells Fargo, Oppenheimer, and numerous other banks or stock brokerage firms, we are not