U.S. Government Seizes BitTorrent Search Engine Domain and More
Torrent Freak
Critics Slam Obama Administration for 'Hiding' Massive Saudi Arms Deal
ABC News
Countrywide Admits to Not Conveying Notes to Mortgage Securitization Trusts
Naked Capitalism
"If mortgages were not properly transferred in the securitization process, then mortgage-backed securities would in fact not be backed by any mortgages whatsoever.
Recently, arguments have been raised in foreclosure litigation about whether the notes and mortgages were in fact properly transferred to the securitization trusts. This is a critical issue because the trust has standing to foreclose if, and only if it is the mortgagee. If the notes and mortgages were not transferred to the trust, then the trust lacks standing to foreclose…
If the notes and mortgages were not properly transferred to the trusts, then the mortgage-backed securities that the investors’ purchased were in fact non-mortgage-backed securities.
f this problem exists on a wide-scale, there is not the capital in the financial system to pay for the rescission claims; the rescission claims would be in the trillions of dollars, making the major banking institutions in the United States would be insolvent."
Matt Taibbi on Vampire Squids and Griftopia
"Matt Taibbi, author of Griftopia, says America is devolving into a thieves paradise because of the actions of "vampire squids" like Goldman Sachs and former Fed Chief Alan Greenspan."
Sunday, November 28, 2010
Tuesday, November 23, 2010
Food Freedom Talking Points: Stop S.510
(This bill is fascism, food fascism and is about
to pass!
Very Important!! Please Read and take action!!)
Polls Indicate Americans Waking Up To TSA Tyranny
Inforwars
(This bill is fascism, food fascism and is about
to pass!
Very Important!! Please Read and take action!!)
Polls Indicate Americans Waking Up To TSA Tyranny
Inforwars
Sunday, November 21, 2010
Al Qaeda Leader Dined at the Pentagon Just Months After 9/11
Fox News (that's right, your eyes are not deceiving you)
"The Pentagon has offered no explanation of how a man, now on the CIA kills or capture list, ended up at a special lunch for Muslim outreach."
Peter Dale Scott on Zbigniew Brzezinski bragging about creating Islamic fundamentalism
New Jersey To TSA: F^#K YOU!
Products track hidden information on electronic devices
ksl.com
In new memoir, Bush makes clear he approved use of waterboarding
Washington Post
"There are violations of New Jersey law taking place."
"When you buy an airline ticket you do not give up your Constitutional rights."
Products track hidden information on electronic devices
ksl.com
In new memoir, Bush makes clear he approved use of waterboarding
Washington Post
Tuesday, May 18, 2010
Food-stamp tally nears 40 million, sets record
Reuters
Southern Boys Show US Government How to Clean Up Oil With Hay!
Project NSearch
Global governance today
Keynote address by Jean-Claude Trichet,
President of the European Central Bank
Banks Threaten To Go To Supreme Court To Prevent Fed From Disclosing Details Of $2 Trillion In Bailout Loans They Received
Zero Hedge
J4716: Affirming the Sovereignty of the people of the State of New York
Reuters
Southern Boys Show US Government How to Clean Up Oil With Hay!
Project NSearch
Global governance today
Keynote address by Jean-Claude Trichet,
President of the European Central Bank
Banks Threaten To Go To Supreme Court To Prevent Fed From Disclosing Details Of $2 Trillion In Bailout Loans They Received
Zero Hedge
J4716: Affirming the Sovereignty of the people of the State of New York
Saturday, March 27, 2010
Wachovia Admits It Laundered Millions in Mexican Drug Cash
Information Liberation
Wachovia bank executives have admitted that the banking giant laundered millions of dollars for Mexican drug lords between 2003 and 2008, prosecutors announced in Miami this afternoon.
The bank has promised to pay $160 million in fines and penalties and to set up new safeguards within a year to prevent drug money from coming through the bank.
If it fails in that effort, Wachovia could face criminal charges, says Jeffrey Sloman, U.S. Attorney for the Southern District.
"Wachovia's blatant disregard for our banking laws gave international cocaine cartels a virtual carte blanche to finance their operations," Sloman said at a meeting in downtown Miami. "[They] laundered at least $110 million in drug proceeds."
The feds built a case against Wachovia around the bank's relationship with Mexican exchange banks called CDCs (or casas de cambio).
Wachovia execs knew as early as 1996 that the Mexican CDCs were hot spots for drug money but kept doing business with them anyway, Sloman says.
The American bank routed billions of dollars in the past ten years through the CDCs without any effective oversight into where the cash was coming from.
Prosecutors were able to trace some of that money to the purchase of several airplanes used in drug runs, which led to more than 20,000 kilos of cocaine being seized by investigators.
Under an agreement signed by federal Judge Joan Leonard this afternoon, Wachovia will forfeit $110 million in illegal proceeds from drug sales and pay an additional $50 million fine.
Information Liberation
Wachovia bank executives have admitted that the banking giant laundered millions of dollars for Mexican drug lords between 2003 and 2008, prosecutors announced in Miami this afternoon.
The bank has promised to pay $160 million in fines and penalties and to set up new safeguards within a year to prevent drug money from coming through the bank.
If it fails in that effort, Wachovia could face criminal charges, says Jeffrey Sloman, U.S. Attorney for the Southern District.
"Wachovia's blatant disregard for our banking laws gave international cocaine cartels a virtual carte blanche to finance their operations," Sloman said at a meeting in downtown Miami. "[They] laundered at least $110 million in drug proceeds."
The feds built a case against Wachovia around the bank's relationship with Mexican exchange banks called CDCs (or casas de cambio).
Wachovia execs knew as early as 1996 that the Mexican CDCs were hot spots for drug money but kept doing business with them anyway, Sloman says.
The American bank routed billions of dollars in the past ten years through the CDCs without any effective oversight into where the cash was coming from.
Prosecutors were able to trace some of that money to the purchase of several airplanes used in drug runs, which led to more than 20,000 kilos of cocaine being seized by investigators.
Under an agreement signed by federal Judge Joan Leonard this afternoon, Wachovia will forfeit $110 million in illegal proceeds from drug sales and pay an additional $50 million fine.
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