Major banks [WELLS AND CITI] have reportedly made proposals to the Fed on how to pay for the restructuring of large financial institutions that collapse, with the idea being to avoid the chaos that followed Lehman’s bankruptcy. Among the suggestions, the largest financial-services holding companies would maintain combined debt and equity equal to 14% of […]

Tags: Bank of America, bond funds, buyer beware of foreclosure property, Citicorp, currency, falling bond prices, Federal reserve, forged documentation, global banks, J.P. Morgan Chase, liability to insurers, modifications of loans, mortgage bonds, rising yields, treasuries, Wells Fargo
Posted in Corruption, Eviction, securities fraud |