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OperationLeakS: Ex-Bank Of America employee can prove mortgage fraud. “Operation LeakS: releases initial BofA emails indicating premeditated intent to deceive government and auditors. Their website with the email is BankAmericaSuck but it been melting down under the load. How can the architects of the crisis investigate it? Food speculation: ‘People die from hunger while banks make a killing on food’ Bailout watchdog probes suspected tarp fraud at 64 banks New York prosecutor Vance seeks mandatory jail terms for securities frauds Bank Of America stops issuing notices of default in non-judicial states Insurance [...] She died in 1995. Yet her signature later appeared on thousands of affidavits submitted by one of the nation’s largest debt collectors, Portfolio Recovery Associates Inc., in lawsuits filed against borrowers. This would appear to be organized crime, pure and simple. All involved should go to prison. If we had a functioning justice system, [...] So said Steppenwolf in the 60′s, in prescient lyrics. Newshoggers reviews The Monster Do you like a good crime novel – a corporate crime novel? If so The Monster: How a gang of predatory lenders and Wall Street bankers fleeced America – and spawned a global crisis by Michael W. Hudson is for you. [...] Yves Smith of Naked Capitalism. What the banks are doing is stealing property under the assumption that the government will do nothing to stop them. Bank Of America’s Christmas present: Foreclose even though not a payment missed. Even though BofA has sent an apology, somehow the foreclosure is still happening. Those responsible for this [...] Bloomberg News filed a lawsuit against the European Central Bank, seeking to make it disclose documents showing how Greece used derivatives to hide its fiscal deficit and helped trigger the region’s sovereign debt crisis. Bloomberg has been doing an exemplary job in exposing the financial fraud, corruption, evasion, and deceit. Good. Too much more of this and we might have a functioning federal regulatory system. Goodness, that would be just so wrong. I’m sure Barack (“I heart banksters”) Obama and the incoming Republican committee heads in the Senate need to move quickly to end this foolishness. Wait a minute. Now some of those damn states are [...] From the WSJ article on the huge insider trading probe. One of those being investigated emailed his clients saying: “Today two fresh faced eager beavers from the FBI showed up unannounced (obviously) on my doorstep thoroughly convinced that my clients have been trading on copious inside information,” the email said. “(They obviously have been recording [...] Fraudulent Georgia notary seal. Her term expired in 2008 Fraudulent notary seal used by foreclosure mill in Georgia. Video from WSBT who discovered the bogus seal. Via 4closurefraud Depositions by three robo-signers in Florida showed them to be seemingly clueless about what they were doing. Yes, it’s always better to appear stupid than [...] This is huge. Even Alan “I heart Ayn Rand” Greenspan is now saying our financial system is infested by criminals. It’s quite possible that Greenspan was such a lockstep ideologue that he actually believed the Randian gibberish he spouted. But the banksters just used it as an excuse to plunder. Yet our federal government [...] |  | ||||
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