Mar 5, 2020
Everyone has trouble believing what happened under the “securitization” scheme concocted on Wall Street. Bottom Line: It was “extralegal” which is why it is “counterintuitive.” It is not legally possible to own a debt without paying value for it. It IS that simple. When confronted with a direct challenge Bill is right, they flee like cockroaches when the lights come on.
Read what Bill wrote and you’ll see what I mean. There just isn’t anyone who has paid value in exchange for ownership of any debt.


