Tag Archives: Bloomberg

WANT TO “BEHEAD” ISIS? GET U.S. OFF OIL ASAP

A recent Bloomberg article notes that “ISIS” is more or less a “Taliban with oil fields”: “The Islamic State, which now controls an area of Iraq and Syria larger than the U.K., may be raising more than $2 million a … Continue reading

Posted in Everything Is Rigged, Iraq, ISIS, Middle East, oil, petrodollar, Price, War Is A Racket, World War III | Tagged , , , , , , , , , , | Leave a comment

MERS: DYING A SLOW, PAINFUL DEATH?

In a bombshell story about Ginnie Mae and Bank of America–which is a big deal unto itself–Yves Smith brings in the following about MERS (Mortgage Electronic Registration Systems), which is the cornerstone of the securitization fail (Smith quotes Bloomberg): “As … Continue reading

Posted in Asset Bubble, Bank of America, Debt, Debt Slavery, Everything Is Rigged, Fannie Mae, Foreclosure fraud, Securitization Fail | Tagged , , , , , , , , , | 5 Comments