Memo to Attorney General — all 50 States — WE CAN HELP WITH AN ARMY OF THOUSANDS

It’s in your hands now. The fate of the nation’s economic system, the budgetary crisis in your own state and justice for victims of fraud with accountability for those who participated in a scheme that was intentionally and negligently conceived and executed. Your state, and the counties, cities and towns that are now all suffering from lack of revenue and costs that were budgeted based upon the false projections from the illusory housing boom, are all depending upon you to do the right thing. Your job is judicial, law enforcement, not politics. Your future and the future of the people who depend upon you in your public and private roles is entirely dependent upon how well you build your cases against those who were indifferent to the societal impact of their schemes.

What you need to do, and what every homeowner needs to do is get the facts before the evidence disappears. Subpoenas issued to the most visible faces only give time to those who were the puppeteers in this mess. You need to focus your inquiries on MERS, the investment banks, the servicers, the Master Servicers, the “Trusts”, the “Trustees”, the “depositors,”, the aggregators, the originators, the appraisers and the rating agencies. You need to coordinate with your Treasury department to determine which of these hidden transactions were taxable events requiring tax returns, fees, taxes, interest, penalties. You need to determine and quantify the damages to government and its citizens so you can prove to any court what really happened and who was hurt by the actions of the hidden pretender lenders starting with the sale of the mortgage bond to investors through the sale of the financial loan product sold to homeowners and the ending, so far, with the wholesale foreclosure of millions of homes. This job is almost as large as the mortgage industry itself. I offer you the means to do it.

This blog has been devoted to revealing these facts piece by piece. We have devoted ourselves to analyzing real data and coming to real conclusions and accurate predictions for years. It was accomplished only because of an army of readers, lawyers (real litigators), appraisers, accountants, mortgage brokers, title examiners, real estate agents and entrepreneurs who saw the validity of what I was writing here. You need to understand the infrastructure of securitization, how it was planned and how it was executed — they are two different things. We have an army of thousands who are willing to help, who have specific knowledge that will aid you and who are available if you call upon them.

I hereby volunteer to provide a seminar to all available and willing parties in your offices who are assigned to this matter from all 50 states. You must pay the costs of the broadcast but there will be no fees. I cannot tour for health reasons, but I can appear, along with a panel of experts from across the country, in a WEBEX seminar that can be called together in a matter of a week or two. We don’t need much time for preparation because we already know what you are asking and we already know what to tell you about how to proceed. What you do with the information and how you proceed is of course within your own and sole discretion without any obligation to the panel that presents material and answers questions. You will never have the time or resources that have already been spent privately by people supporting this site and other people who were leading the fight when I entered the picture in October, 2007 with this site.

On factual questions, you need only ask, and it will be published here with answers pouring into either your offices or a central office that will cull out the various responses. For title and securitization searches, reports, copies of documentation, and specific answers to specific questions, we already have the infrastructure in place. You have the tools. The question is whether you are willing to “pull the trigger” as one attorney general said in a recent interview.

We can provide you with experts from the legal and other professions that already know how to help you on-site or off-site. The advantage you have with the powers of law enforcement are only as good as the information, understanding and strategies you employ. The complexity of this process has been mastered now by many people in the private sector. Use them — they will save you and enable you to collect, collectively, tens of billions of dollars. This is like the tobacco litigation on steroids. Coordinate with the other offices of attorney general in as many states as will cooperate. You’ve taken the first steps. Now start the momentum and close this out. It won’t be weeks or months before you bring this to a close. It will be years. Without the help of a private sector that has been on the trail for more than 3 years, it could take decades. With your help the chaos in title chains will be cleared, the damages to victims of fraud will be rectified as much as possible and the the people who are accountable under the criminal and civil laws of your state will be brought to justice.

If you want this to happen, you know how to reach me. We’ll set up a telephone conference before the seminar for all designated government officials who are interested.

Tags: attorney general
Posted in bubble, Corruption, Eviction, securities fraud |