TALCOTT FRANKLIN: "TEACHERS WILL WAKE UP AND HAVE NO PENSION" 10-21-2010
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After bundling and selling the MBS, and NOT delivering the notes to REMICs, these crooks were able to borrow against them over and over in repo agreements. That's selling the same asset to multuiple buyers. They used millions of occurences of this securities fraud to basically counterfeit money to keep inflating property values and their mortgage market. They got away with it. Now Fannie and Freddie are making a baby, this "mess" is the midwife. I hope they name it Sonnie.
WGS669 1 year ago
I never ever expected to cheer on someone from Patton Boggs - but go get 'em Counselor !
I have no doubt the 25% Rule was put in place by the Banksters - good to see someone has found a means to meet/exceed it . bwaaaahaaaaahaaaaaa
emeraldshine 1 year ago
15 cents to the dollar?
yaplonglong 1 year ago
"Misrepresented" yeah. Fraudulant you mean! Thats main stream media for you!
michielma 1 year ago
Great post Traynickel. Keep it up. Thank you.
tesskansas 1 year ago