As Max says…”Oh golly gee! H9w can we continue to underwrite all this fraud if somebody keeps making a stink about our use of the word CIVIL? Don’t use the word CRIMINAL. CRIMINAL would imply they were doing something ILLEGAL” It’s all just ‘bad conduct’ doncha know?* Wink Wink Nudge Nudge. No [...]
Archive for the ‘Finance/Economy’ Category
Why Are Cities Failing? Municipal Crimes of The New Mob: How Wall Street Trashed The World
22
Jun
Matt Taibbi is probably the most persistent and well informed investigative reporter writing and tracking the ‘bizarre alternate universe’ that has taken over Wall Street and plundered the planet over the past decade. His succinct and clear explanations of the machinations of a rogue mob of bankers gone amok is, incredibly, not only deadly in [...]
Marketwire: Home Owners Across the Nation Sue All Bank Servicers and Their Offshore Havens; Spire Law Officially Announces Filing of Landmark Lawsuit
26
Apr
SOURCE: Spire Law Group, LLP April 23, 2012 00:01 ET Home Owners Across the Nation Sue All Bank Servicers and Their Offshore Havens; Spire Law Officially Announces Filing of Landmark Lawsuit Largest International Money Laundering Network in History Formed During Obama Administration; U.S. Banks’ Theft of Home Owners’ Money Laundered Through Cayman Islands, Isle of [...]
Banksters, Tramps and Thieves… Max and Stacy’s latest
20
Apr
Goldman gets another smack on the wrist; technical violations… and huddle cuddles… Hank Paulson and more. JPMorgan’s Chief Exec Jamie Dimon has ‘increased speculative bets and risk’ in his changes to the bank’s investment portfolio… no kidding, really? Investing in fraudulent mortgage backed securities, you say? Hmmmmm. Tsk tsk tsk.. And then… oh yeah baby, [...]
It’s Assembly-Line Fraud: Life in 2012 in the Municipal Bond Market; This Just After MF Global’s “Plausible Deniability” Theft of Customer Funds
30
Mar
It is beyond ridiculous. JP Morgan is now the biggest municipal bond player (even after Jefferson County) _ Oh it’s Institutionalized Fraud… No problem.. Yup. The policy is shifting as multi-billionaire fraud and bribery controls all of the financial world… How to get capital allocated to you: Simple, bribe them. Then steal everything from [...]
Freddie Mac Bets Against Homeowners, Holder & Breuer’s Covington Bank Representing Past: Creating M.E.R.S. Corp
30
Jan
In his latest all out seriously spot on rant, Mandelman brings us the most recent and most recently uncovered crimes in the long list of criminal acts as yet going unpunished in the United States mortgage fraud scandal. That scandal which has devastated our economy, destroyed our housing market and left vast numbers of families [...]
Yves Smith Takes Apart Obama’s Spin on Banking Crisis Solution
24
Jan
In an excellent piece published over at Common Dreams, Ms. Smith lays it out in plain English for anyone to see. The federal government is aiding and abetting the banks in continued fraud and thievery while preventing and avoiding any way for a direct and honest legal response to their crimes. Once more, settlement pacts [...]