Archive for 'Uncategorized' Category
First, let me say that there is nothing wrong with supply chain finance. In one form or another, it has been used for thousands of years. The same can be said for securitization — if that is what is really happening. Second I have been getting quite a lot of questions about my articles and […]
The word “derivative” is used like “alakazam!” It is as if the word conjures up some magical mystery formula by which brokers and traders can engage make money without ever investing in anything real. The most recent explosion happened with Mr. Hwang and the Archegos hedge fund. Here is the quote from the April 3, […]
In the Berkshire Hathaway 2002 Annual Report, Warren Buffett called derivatives “financial weapons of mass destruction carrying dangers that, while now latent, are potentially lethal.” Virtually all Ponzi schemes are fake securitization schemes. Ponzi’s victims thought they were buying shares of an exclusive arbitrage system based upon fake ownership of postal receipt, Madoff’s victims thought they […]
Defending against discovery demands is a contact sport that most litigators enjoy because they get to torture their opposition — while at the same time learning all about the litigation strategy of their opposition. It is mostly regarded as a win-win situation for the defenders and that especially includes foreclosure mills who in reality don’t […]
One of the peculiar aspects of foreclosure litigation over the past two decades has been the overuse (by appellate courts) of instructions not to publish opinions that favor homeowners in litigation. So the homeowner wins in that case but other homeowners and their attorneys probably never hear about it. This means that another homeowner who […]
Thursdays LIVE! Click into the WEST COAST Neil Garfield Show with Attorney Charles Marshall and Private Investigator Bill Paatalo Or call in at (347) 850-1260, 6 pm Eastern Thursdays We break down on the Show today the latest from MERS. Now before the 9th Circuit Court of Appeals, to try and reverse a quiet title judgment […]
If Countrwide was really a lender it would never have entered into this transction as a loan. If Countrywide was an underwriter it would never have approved this as a loan. Common sense dictates that Countrywide was an aggregatgor of data that was massaged to meet the instructions and needs of an investment bank. The […]
The excuse for the sloppy ways that the rules of civil procedure and the rules of evidence are applied in a case where the foreclosure process is invoked has always been “limited judicial resources.” That is shorthand for we don’t have the time to hear stupid defenses since the claims are clearly valid. Practically every […]
A report is not a record. It is a statement made about a record and it is by definition a statement made out of court by often unknown persons. That means it is at least hearsay and probably lacking in the foundation since the person who made entries from which the report was generated is […]
How is a foreclosure rescue scam any worse than a foreclosure theft scam? Or the real question — why is one scam punished and the other is rewarded with government help? * It is difficult to imagine a scenario in which an attorney could be working for a law firm that prosecutes “Foreclosure” cases, and […]


