i hardly listen to "the news" these days but i'm damn sure glad i tuned in yesterday. can't believe there isn't more talk about this. http://www.npr.org/blogs/thetwo-way...nk-of-america-over-mortgage-backed-securities
Its about 2008, and they are doing it now. Why? Anyway, On the same subject, I find this article interesting and she seems to be passionately concerned- August 5th, 2013 In this exclusive interview with Ann Barnhardt, founder of the former Barnhard Capital Management, Barnhardt exposes the blatant fraud in US financial markets, the recent IRS scandal, the financial enslavement of the American people, and whether Obama is conspiraring to collapse our economy! As the most popular “Finance and Liberty” interview to date, stay tuned for a shocking ride behind the scenes of the true America and how we can possibly win our country back! http://beforeitsnews.com/obama/2013...-economy-exclusive-ann-barnhardt-2454364.html
Yes, I heard about this. But I also heard it's all civil suits and from what I heard the amount being sued for will equal about three days (or something like that) worth of profit. (its something that sounds great when you first hear this is happening but once you dig a little further you realize it's just more of the same...)
http://articles.washingtonpost.com/2013-08-06/business/41135243_1_mortgage-securities-u-s-sues-bank-america-spokesman-lawrence-grayson It's all one big slight of hand... (not to sound all conspiritorial and stuff) but, meanwhile in the very same paper... http://articles.washingtonpost.com/2013-04-02/business/38220144_1_housing-recovery-housing-market-housing-officials if people would just pay attention, you're right Mael
Yeah this is a complete and utter mess. Only token punishments here are taken place if the corporations breaking the law are getting the financial equivalent of getting slapped on the wrist. Better than nothing, but these are consequences weak as the dickens.