Category Archives: Securities
Socialism scare more accurately aimed at capitalism
It’s hilarious when the capitalists try to fearmonger over trying something that might actually help people. Socialism leads to “complete economic calamity?” Isn’t that what capitalism did in 2008? And 1987? And 1971? And 1929? And is about to do … Continue reading
Wells Fargo’s New Scam: Involuntary Debt Trap
So it has come to light that Wells Fargo employees did the following: On Thursday, federal regulators said Wells Fargo (WFC) employees secretly created millions of unauthorized bank and credit card accounts — without their customers knowing it — since … Continue reading
17 YEAR OLD HEDGE FUND CEO? WHAT COULD POSSIBLY GO WRONG?
Calling his operation “a hedge fund for the rest of us,” 17 year-old Jacob Wohl of Corona, CA (about 30 minutes north of where I write this) has gotten sub-million dollar investments from regular working stiffs like his high school … Continue reading
MERS: THE INVISIBILITY CLOAK OF THE BANKSTERS
Yes, the banks don’t want you to see what they’re doing–or not doing, as the case may be. Specifically, they don’t want you to see that they have separated your note from your deed of trust/mortgage. In my opinion (and … Continue reading
AMERICAN EXCEPTIONALISM–EXCEPTIONALLY TOLERANT OF FRAUD
So this story appeared in my Facebook feed this morning–“Another Banker Dead: IRAN Executes Rothschild Billionaire On $2.6 Billion Bank Fraud ~ Used Fraudulent Funds To Implement Agenda 21 In Buying State Property.” So I check it out with a … Continue reading
FAKE ENDORSEMENTS: JUDGE IN WELLS FARGO CASE ON RIGHT TRACK
The Wells Fargo “Mortgage Foreclosure Attorney Procedure Manual” continues to make news. Now the judge in the case that brought all this to light is saying the following: At the hearing, attorney David Dunn said the bank’s note endorsement process … Continue reading
“GOTCHA” IS FOR LITTLE PEOPLE, NOT FOR BILLIONAIRES
“Gotcha”: If YOU break a securities law, you’ll be thrown under the jail. If a private equity firm breaks securities laws, the SEC will just look the other way and offer lame excuses as to why they looked the other … Continue reading