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Foreclosure crisis and fraud<br><br>
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<p style="margin-bottom: 0in;"><a href="http://www.msnbc.msn.com/id/3096434/#39836703" target="_blank">http://www.msnbc.msn.com/id/3096434/#39836703</a></p>
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<p style="margin-bottom: 0in;">Lisa Epstein:
<a href="http://www.foreclosurehamlet.org/" target="_blank">http://www.foreclosurehamlet.org/</a></p>
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<p style="margin-bottom: 0in;">But that's not all! At 5:30 see Bill
Black, Professor of Law and Economics at</p><p style="margin-bottom: 0in;">U of Missouri KC law school: <br></p>
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<p style="margin-bottom: 0in;">By 2006, 49% of mortgage originations
were liars' loans.</p>
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<p style="margin-bottom: 0in;">There were millions of acts of frauds.
The banks made incentives to attract the worst possible loans.</p>
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<p style="margin-bottom: 0in;">The Fed got Congress to pervert
accounting standards so the Fed would not have to recognize that</p><p style="margin-bottom: 0in;"> it
took $1.5 billion in toxic assets. Bring in the FDIC and the GAO to
investigate.
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<p style="margin-bottom: 0in;">In the S&L crisis there were 1000
convictions. None today. Fire Holder, fire Geithner, fire Bernanke.</p><br><p style="margin-bottom: 0in;">Foreclose on Bank Fraudsters:
<a href="http://www.huffingtonpost.com/william-k-black" target="_blank">http://www.huffingtonpost.com/william-k-black</a></p>
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<p style="margin-bottom: 0in;">Bill Black first came on my radar from Carol Brouillet's report here:</p><p style="margin-bottom: 0in;">
</p><p style="margin-bottom: 0in;"><a href="http://www.communitycurrency.org/chicagoreport.html">http://www.communitycurrency.org/chicagoreport.html</a></p>
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