SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM SEE jpm-makes-2-billion-while-investors-lose-500-million EDITOR’S NOTE: If the press can ask the questions leading right up to the top of the megabanks, why can’t the government? You have to remember that these people practically invented the term “due diligence” and before the securitization scam, it was very challenging to get a […]

Tags: appraisal fraud, Chapter 13, credit crisis, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, Jamie Dimon, JPMorgan Chase, Lender Liability, MERS, mortgage meltdown, predatory lending, PREDATORY LOANS, rescission, securitization, trustee
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ “The investment bank through a myriad of bankruptcy-remote controlled vehicles steps in and says WE ARE THE AGENT FOR THE LENDER AND WE WANT TO FORECLOSE. And then in the suit with investors says WE ARE NOT YOUR AGENT […]

Tags: Bank of America, bankruptcy, borrower, countrywide, credit crisis, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, Jamie Dimon, JPMorgan Chase, Lender Liability, mortgage meltdown, predatory lending, rescission, securitization, TILA audit
Posted in bubble, Corruption, Eviction, securities fraud |

The five biggest U.S. commercial banks in the derivatives market — JPMorgan, Goldman Sachs, Bank of America Corp., Citigroup and Wells Fargo & Co. — account for 97 percent of the notional value of derivatives held in the banking industry [$605 trillion], according to the Office of the Comptroller of the Currency. Goldman Sachs Demands […]

Tags: AIG, Alexander Samuelson, Bank of America, BEAR STEARNS, Blankfein, Bloomberg, Brad Hintz, Brian Marchiony, Chistine Harper, Citigroup, collateral arbitrage, Craig Stein, Darrell Duffie, David Viniar, derivatives, Financial Crisis Inquiry Commission, Goldman Sachs, International Swaps and Derivatives Association, ISDA, Jamie Dimon, JPMorgan, Kevin McPartland, Lehman, Michael DuVally, Michael J. Moore, Morgan Stanley, New York Fed report, Paul Hastings Janofsky & Walker, Richard Lindsey, Robert Claasen, Schulte Roth and Zabel LLP, Stanford University, Tabb Group, Wells Fargo
Posted in bubble, Corruption, securities fraud |

“Each year they will launder more money back into the system and back onto the books so it becomes “on balance sheet” but the explanation of where the profits came from will be double-talk. But as long as we let them do it, they will be using the proceeds of purse snatching from the little […]

Tags: $23.7 trillion, accounting, deregulation, discovery, foreclosure defense, foreclosure offense, gaap, generally accepted accounting principles, investors, Jamie Dimon, JPM, laudered money, MBS, question of fact, regulation, security, too big to fail
Posted in bubble, Corruption, Eviction, securities fraud |

Phil Angelides, the former state treasurer of California who is the commission’s chairman, told Mr. Blankfein “it sounds more like you were selling cars with faulty brakes and then buying insurance on the driver.” Mr. Angelides, who lost the governor’s race in California to Gov. Arnold Schwarzenegger in 2006, pointedly compared some Wall Street chief […]

Tags: Amnesty for Everyone, Bank of America, Blankfein, Brian Moynihan, FCIC, Financial Crisis Inquiry Commission, Jamie Dimon, John Mack, KKenneth Lewis, Mark Leibovich, New York Times, Phil Angelides, principal reduction
Posted in bubble, Corruption, Eviction, securities fraud |