Archive for 'securities fraud' Category
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM U.S. Economic Growth Slows to 1.8% Rate in Quarter EDITOR’S NOTE: They were expecting 4% and they got 1.8% — and that is measured in the way most favorable to past government policy. The answer remains the same. Stop the foreclosures, admit that the banks declaration of wealth is […]
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITORIAL COMMENT: I agree with the editors at the NY Times. Geithner’s loophole is just plain wrong. It is borne out of fear of the unknown. The uncertainty that accompanies letting the derivatives market come under scrutiny and what it would mean if you REALLY found out the condition […]
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: There can be no doubt that but for the military might of the United States, the Wall Street securitization scheme might well have been deemed an act of war against the countries who were induced to buy bogus mortgage bonds. The ensuing worldwide recession was unnecessary and […]
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: See the recent articles posted this week about the housing market. It is unprecedented — both in the run up and in the fall. The bubble in housing prices went so much further than anything in history because it wasn’t real — it was fraud all the […]
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “By keeping the servicers at the head of the line, the illusion of securitization is maintained. That illusion serves as the basis for assuming there is a legitimate debt that the borrower is refusing or can’t pay. Without the illusion, and sticking with the facts we have an obligation […]
submitted by Anonymous Most often Deutsche Bank is the trustee — not the servicer. In cases where the trust is named as plaintiff — ABC trustee for “certificate holders” to XYZ trust — they are the named plaintiff — not the servicer. But, it is actually the servicer that is proceeding against you. If goes […]
submitted by anonymous reader Regulatory agencies exist to protect the public, not the corporations they regulate. The head of the Office of Comptroller of the Currency doesn’t seem to understand that. But that’s not why John Walsh needs to resign. The OCC was created to stabilize the economy, make it easier to conduct trade, and […]
Important update from Max Gardner below: From: O. Max Gardner III Wed, Apr 27, 2011 Subject: Mass Joinder Cases To: Boot Camp Attorneys Court Documents In ‘Mass Joinder’ Contingency Fee Lawsuit Suggest One Attorney May Be Pocketing Upfront Fees From Clients Without Telling Co-Counsels Posted: 26 Apr 2011 09:03 PM PDT Court documents filed in […]
THE WORM TURNS: AIG NOW SUING FOR FRAUD BECAUSE THEY CAN'T SUE ON THE LOAN OBLIGATIONS THEY PAID OFF
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM THE FREE HOUSE MYTH EXPOSED: IT IS GOING TO WALL STREET EDITORIAL NOTE: Following up on my article yesterday about who owns the debt, some clarity is introduced by the filing of what will be a series of lawsuits against the underwriting Wall Street brokerage houses that sold mortgage […]
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: This article was originally run last year, but it is just as relevant now as before. If you’re rich, you have no MORAL obligation to pay the debt. If you’re in the majority of not rich people, then morality applies to you. Biggest Defaulters on Mortgages Are […]


