A "pump and dump" scheme is planned around the dump. It is started with the intention that the instrument will be sold with the knowledge that it will have a ne

A "pump and dump" scheme is planned around the dump. It is started with the intention that the instrument will be sold with the knowledge that it will have a negative impact on that instrument's price. The group doing the pumping knows what's coming. In 2008 banks didn't want it to happen. They would have happily kept doing what they were doing forever. Home buyers would have been happy buying more houses, real estate agents would have been making commission, mortgage lenders getting interest. Happy days! There was negligence all round and the situation was unsustainable. Do you think the banks wanted it? Some foresaw the collapse and made money out of it but it cost the banks billions, ruined reputations, people lots their jobs. Yes, they got bailed out but they would have preferred to have not needed it in the first place.