Editor’s Note: It’s not final but it looks like Ireland is going to do pretty much the same thing that Iceland did, except this one is based upon the heart of the crisis — housing and bad mortgages, falsely presented to lenders and borrowers alike. The answer? Reduction in the balance due on mortgages that […]

Tags: appraisal fraud, correction of principal, ICELAND, Ireland, reduction of principal, underwriting
Posted in bubble, Corruption, Eviction, securities fraud |

“I can’t predict the next scandal,” Mr. Berger said. “But I know that fraud is a growth industry, and so is greed.” Editor’s Comment: Max W. Berger, partner of Bernstein Litowitz Berger & Grossmann, based in Manhattan has brought in over $1 Billion in damages for class action lawsuits filed ion behalf of investors. I’ve […]

Tags: Bernstein Litowitz Berger & Grossmann, Class Action Lawsuits, foreclosure industry, homeowners, ICELAND, investors, Ireland, lawyers, Max W. Berger, pension benefits
Posted in bubble, Corruption, Eviction, securities fraud |

Featured Products and Services by The Garfield Firm NEW! 1/2 Day CLE Workshop with Neil Garfield: Getting Started on Foreclosure Defense NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual ——–>SEE TABLE OF CONTENTS: WHOSE LIEN IS IT ANYWAY TOC LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Editor’s […]

Tags: bailout, Bankia Bank, banks, Declaration of Independence, Europe, foreclosure, France, French Revolution, Germany, Glass-Steagall, Greece, housing market, hyperinflation, ICELAND, Ireland, Italy, Jamie Dimon, Jefferson, Lyndon LaRouche, mortgage bonds, mortgages, NY Fed, Portugal, realtors, San Francisco, servicers, SPAIN, title, trans-Atlantic financial bubble, Wall Street
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Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Editor’s Comment and Analysis: There is only one way this isn’t an outright bribe that should land the senator in jail — and that […]

Tags: Angelo Mozilo, bailout, Bank of America, banks, Bribery, CEOs, Chicago Mercantile Exchange, child labor laws, Chris Dodd, Chuck Schumer, congress, countrywide, deregulation, Ed McMahon, Ernest Hemingway, executive branch, F. Scott Fitzgerald, foreclosure, France, fraud, Friends of Angelo, Greece, home loans, investors, Ireland, Italy, Jamie Dimon, John Courson, JP Morgan Chase, judicial branch, Lee/Schumer, luxury homeowners, Mary Colum, MBA, MERS, Middle Class, Mike Lee, modification, Mortgage, Mortgage Bankers Association, mortgage loan, Obama, principal reduction, Richard (RJ) Eskow, scandal, Senator, Senator's Short Sale, short-sale, SPAIN, Te Party Republican, U.S., underwater, Utah, Wall Street, Washington D.C., wealthy, writedown, zillow
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Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual – Pre-Order NOW for an up to $150 discount LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Want to read more? Download entire introduction for the Attorney Workbook, Treatise & Practice Manual 2012 […]

Tags: austerity measures, banks, banksters, Europe, Greece, interest rates, Ireland, Jason Easley, Mitt Romney, PAUL KRUGMAN, Paul Ryan, President Obama, Protugal, Republicans, SPAIN, spending cuts, Wall Street
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Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual – Pre-Order NOW for an up to $150 discount LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Want to read more? Download entire introduction for the Attorney Workbook, Treatise & Practice Manual 2012 […]

Tags: 54 billion euros, aristocracy, bailouts, Banco Bilboa Vizcaya Argentaria SA, Banco Santander SA, bank losses, Bank of Spain, Bankia group, Bankia loans, BBVA, Benjamin Hesse, Borja Mateo, borrower, Boston, Catalan party, Center for European Policy Studies, Central Bank of Ireland, Centre for European Policy Studies, Convergencia i Unio, corporate date, Correlation Risk, Daragh Quinn, developers, Double-Dip Recession, Edward Parker, EU, European banks, European Union, Evictions, Fidelity Investments, financial system, Fitch ratings, foreclosure defense, foreclosure offense, foreclosures, French banks, German banks, Germany, government, government bonds, Greece, Greek banks, Hollande, home prices, home-loan defaults, homeless shelter, housing bubble, housing market, housing prices, IMF, International Monetary Fund, international rescue, Ireland, Irish banks, Josep Duran i Lleida, Latin America, Madison Street Partners LLC, Madrid, market funding, Marshall Auerback, Miguel Angel Fernandez Ordonez, Moody's Investors Service, mortgage defaults, NAMA, National Asset Management Agency, Nicholas Spiro, Nomura International, Onda Cero, outraged populace, outside investors, Patrick Lee, Portugal, predatory lending, Prime Minister Mariano Rajoy, Rajoy Measures, RBC, Royal Bank of Canada, SAN, Santander, sovereign-credit risk, SPAIN, Spiro Sovereign Strategy, the rain in spain, The Truth About the Spanish Real Estate Market, toxic asets, Valencia-based group, Writedowns
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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S COMMENT: Like the Cuban Missile Crisis, someone needs to blink. Ireland is taking the unthinkable step of coming to the only obvious and workable conclusion, whether it hurts or not: there is nobody left to take the loss except the investors and the banks. […]

Tags: haircut, Ireland
Posted in bubble, Corruption, Eviction, securities fraud |

USE THIS AS A GUIDE FOR DISCOVERY, FORENSIC ANALYSIS AND MOTION PRACTICE TO COMPEL DISCLOSURE see for this example SHARPS%20CDO%20II_16.08.07_9347 Comments in Red: THIS IS A PARTIAL ANNOTATION OF THE PROSPECTUS. IF YOU WANT A FULL ANNOTATION OF THIS PROSPECTUS OR ANY OTHER YOU NEED AN EXPERT IN SECURITIZATION TO DO IT. THERE ARE THREE […]

Tags: ANNOTATION, as Fiscal Agent, as Note Registrar, as trustee, bank of new york, BOND, Cayman Islands, Class A-1 Senior Secured Floating Rate Notes, Class A-2 Senior Secured Floating Rate Notes, Class A-3 Senior Secured Floating Rate Notes, Class B Senior Secured Floating Rate Notes Due, Class C Secured Deferrable Interest Floating Rate Notes, Class D-1 Secured Deferrable Interest Floating Rate Notes, Co-Issuer, Deed of Covenant, DEED OF TRUST, DELAWARE, DEUTSCHE BANK, Deutsche Bank AG, Deutsche Bank Aktiengesellschaft, DEUTSCHE BANK SECURITIES INC., Directive 93/22/EEC, exempted company, expert, Fiscal Agency Agreement, Inc., investors, Ireland, Irish Financial Services Regulatory Authority, Irish Stock Exchange, issuer, jurisdiction, limited liability, LLC, Member State of the European Economic Area, Moody's Investors Service, Mortgage, Motion Practice, New York Branch, NON-RECOURSE OBLIGATIONS, Offering Circular, operating agreement, promissory note, Prospectus, Prospectus Directive, RISK FACTORS", securitization, Senior Notes, Sharps CDO II Ltd, Standard & Poor's, the Trustee, Total Return Swap, total return swap transaction, TRS Counterparty, Trust Agreement, trustee, UNITED STATES
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Get with the Program: Challenge for the Obama Presidency. Fundamentals vs. Brute Force American policy should be changed to reflect the paradigm shift — to determine ways in which we would be an acceptable member of the European Union and gradually shift to the Euro as the currency of choice. In order to accomplish this, […]

Tags: Barack, Brazil and Venezuela, Bretton Woods, dollar, euro, Ireland, Nixon, Obama, Obamanomics, Volcker
Posted in bubble, Eviction, securities fraud, Uncategorized |