“What policy makers are starting to realize is that the absence of prosecutions and regulatory action against these banks has produced a profound loss of confidence not only in the financial markets but in the leader of the financial markets (the United States) to control itself and its own participants in finance. It’s not just […]

Tags: Bank of America, business, Chase, Citi, economics, finance, principal, principal correction, principal deduction, restitution, Simon Johnson, too big to fail, Wells
Posted in bubble, Corruption, Eviction, securities fraud |

Sign Up for Wednesday Anaheim Conference for Homeowners and Paralegals Reality in Iceland: prosecution and letting the chips fall to the table August 27, 2012. Neil F Garfield. Mainstream media and in particular Krugman and Ritholz have echoes what Simon Johnson and I have been saying for years. It’s not a question of theory or […]

Tags: cash equivalents, deriviatives, DJIA, ICELAND, Krugman, perfected liens, prosecution of banks, Ritholz, shadow banking, Simon Johnson, wrongful foreclosure
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Featured Products and Services by The Garfield Firm NEW! 1/2 Day CLE Workshop for Paralegals and Lawyers with Neil Garfield: Building a case book for each client that saves time rather than takes time. NEW! 2nd Edition Paralegal-Attorney Workbook,Treatise & Practice Manual ——–>SEE TABLE OF CONTENTS: WHOSE LIEN IS IT ANYWAY TOC LivingLies Membership – […]

Tags: 13 Bankers, Bank of England, Barclays, BBC World Service, Bob Diamond, CEO Barclays, Charles de Gaulle, Chief Economist of the World Bank, Dennis Kelleher of Better Markets, Financial Times, global megabanks, JP Morgan Chase, Libor, Lie More, Lie-Bore, London Interbank Offered Rate, Martin Wolf, Mervyn King, Shaming the Banks into better ways, Simon Johnson, UK's Independent Banking Commission
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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: Accountable, American Banker, Anat Admati, BALANCE SHEETS, Bank of America, banks, Banks are Too Big to Regulate, Bloomberg, Brown-Kaufman amendment, Camden Fine, chief of staff, Citigroup, creditor, DELAWARE, Dodd-Frank, Economix, Fair and Efficient Banking Act, FDIC, Federal Deposit Insurance Corporation., Federal Reserve Bank of Dallas, Federal Reserve Bank of Kansas City, Federal Reserve window, financial lobby, free house, free money, governor of the Bank of England, governor of Utah, insurance payoff, investor-lenders, Jamie Dimon, Jeff Connaughton, Jon Huntsman, JP Morgan, JPM people, Lender Liability, leverage ratio, MEGABANKS, Mervyn King, mortgage bonds, mortgage loan, Myth, non-bank financial institutions, Politico, predatory lending, President of the Independent Community Bankers of America, principal reduction, Professor admati, public policy, regulators, REMIC, risk management, Safe, securitization chain, Senate, Senate banking committee, Senator Bernie Sanders, Senator Brown, Senator Sherrod Brown, Senator Ted Kaufman, Sheila Bair, Simon Johnson, taxpayer bailout, taxpayers, Tom Hoenig, too big to fail, Too Big to Manage, toxic loans, tranches, Treasury Department, Truth in Lending Law, Wall Street lobby, Wells Fargo, Who Wants to Break Up the Big Banks?
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MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE BREAK UP BANK OLIGOPOLY EDITOR’S COMMENT:  Amongst many other respected and experienced economists, Simon Johnson has been vocal in his basic premise: The bank oligopoly must be destroyed if we are to see any real possibility of recovery that will positively impact the […]

Tags: bankruptcy, borrower, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, LOAN MODIFICATION, modification, OLIGOPOLY, quiet title, rescission, RESPA, securitization, Simon Johnson, TILA audit, trustee, WEISBAND
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE CONSUMERS DON’T COUNT EDITOR’S COMMENT: Fascism is a system in which the government is essentially run by business. The premise of fascism is that successful commerce (as measured by the government that is controlled by business) leads to a successful society. Italy tried it and we […]

Tags: BANK REGULATION, banks, CONSUMERS, Dodd-Frank Act, Eliot Spitzer, foreclosures, James Kwak, mortgage fraud, OCC, Office of the Comptroller of the Currency, Simon Johnson
Posted in bubble, Corruption, Eviction, securities fraud |

EDITOR’S NOTE: Johnson is a leading economist who has been a consistent critic of anyone who fails to face reality. Applying his knowledge as an economist form the International Monetary Fund, his point is that we have a bank oligopoly in control of our society and that the TBTF banks are running the show. I […]

Tags: foreclosure, foreclosure defense, foreclosure offense, regulation, resolution, Simon Johnson, too big to fail
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: In keeping with the full court press by the mega banks, legislators are following their orders taking aim at anything that could unravel the credit mess, title mess, foreclosure mess and economic crisis in this country. Wall Street is running the show. Maybe somewhere along the line […]

Tags: Consumer Financial Protection Bureau, Elizabeth Warren, Simon Johnson
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ SEE modification-plan-sought-follow-the-money-not-the-paperwork EDITOR’S NOTE: Moynihan is pulling out the old argument, trying to stir up people who have been paying their mortgage so he and the other mega banks won’t be required to cough up trillions of dollars they stole through fraudulent appraisals of property inducing […]

Tags: Bank of America, Baseline Scenario, BOA, Brian Moynihan, dividends, Ponzi, principal correction, principal reduction, Shareholders, Simon Johnson
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COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ Is the New York Fed Making a Big Mistake? EDITORIAL COMMENT: You might think that getting rid of the FED is a good idea and if there are no changes in FED policy I might agree with you. I still maintain my optimistic and my hope. […]

Tags: Fed, Federal reserve, Federal reserve Bank of New York, IMF, Simon Johnson
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