Thursday, March 31, 2011

Financial Crisis Foreclosure Fraud | March 31, 2011 at 1:29 PM | Categories: bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud | URL: http://wp.me/pFWnq-5y7


This also seems legit
[9:15:57 PM] Bill Crutchfield: [4:26:45 PM | Edited 4:34:07 PM] Karen Ann: ((*))  I put my TV on pause to run some errands. . I came back and I'm watching what I missed on Fox News. . .SO, about 12:45 pacific time there was a piece on Fox News with Judge Napolotono and Shepard Smith (I’m taping it).  It seems the courts ordered the Fed to release about 25,000 documents associated with the financial crisis, starting in 2008, and they were "forced" to release them today!

These documents name the banks involved and how much they got - about 3.3 trillion total.   They went into how the Fed print money, trillions, out of thin air and gave it to the banks.  He went into detail on how this was done.  How the banks got crazy rich and the middle class and poor got poorer. We got higher prices from it all.  The banks just added zeros to the backs of their accounts and the banks had their most profitable quarter of the new millennium.  And they borrowed money from the treasury and fed in order to pay back the fed the money they borrowed from the fed in 2008.

They said the Fed should not have created money out of thin air!  And they talked about how the banks also got TARP money from Congress, "funny money" which was borrowed from China and the Indians, via the okay from the bush administrations.  The Fed wanted all its documents to be secret and the court said no - the first time in 98 years that the courts said no and forced the Fed to reveal these things!!!

I think we are seeing another piece of this whole thing playing out!  We all know this, but this was said on Fox News today so the Sheeple can hear it and know it too!  I’m jazzed!
[4:27:05 PM] jeffery allen coram: deb  they must be reading our chats
[4:27:06 PM] Saint Jude The Dude: What kind of wallpaper would you suggest using in a jail cell? Enquiring minds want to know...
[4:27:17 PM] Stever: The Fed information was delivered to the Supreme Court today, Melesa.
[4:28:16 PM] Stever: [1:46 PM] Randeee:

<<< Financial Crisis
Foreclosure Fraud | March 31, 2011 at 1:29 PM | Categories: bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud | URL: http://wp.me/pFWnq-5y7


Fed Releases Discount-Window Loan Records
The Federal Reserve released thousands of pages of secret loan documents under court order, almost three years after Bloomberg LP first requested details of the central bank’s unprecedented support to banks during the financial crisis.

The records -- 894 files in PDF form that must be individually opened and read -- reveal for the first time the names of financial institutions that borrowed directly from the central bank through the so-called discount window. The Fed provided the documents after the U.S. Supreme Court this month rejected a banking industry group’s attempt to shield them from public view.

“This is an enormous breakthrough in the public interest,” said Walker Todd, a former Cleveland Fed attorney who has written research on the Fed lending facility. “They have long wanted to keep the discount window confidential. They have always felt strongly about this. They don’t want to tell the public who they are lending to.”

No comments: