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Bank Regulator William K. Black explains that Mortgage Fraud Stemmed from Lenders (IndyMac, WAMU, Countrywide)
Famed bank regulator William K. Black, a consumer-protection hero of the savings and loan scandal of the 1980s, speaks with The Young Turks radio show about the massive banking fraud perpetrated on the American people and the futility of the Obama administration's bank rescue plan. FBI said in September 2004 that there was "an epidemic of mortgage fraud", and it will be worse than the S&L crisis. The FBI received 63,000 cases of fraud last year (80% by the LENDERS) and the FBI clears 800 cases a year. TalCollected in tristar-research's videos May 25, 2009 -
AIG Tab > $190B! The Fed Directed $100B be paid from Taxpayers to Goldman and Others Offshore-100% of CDS Face Value!
Since September 2008, AIG has received over $180 billion in Federal assistance to help stabilize the company. The House Oversight Cmte. heard assessments from the three trustees appointed by the New York Federal Reserve to oversee the use of taxpayer funds. AIG Chairman & CEO Edward Liddy also testifies before the Committee.Collected in tristar-research's videos May 22, 2009 -
The Flagrantly Visible Hand Manipulating the Market
Three commentators on Fox News admit that the Bernanke put has been jamming the futures overnight and at the close of each market day- Oh, who has $10-20B of EOD firepower? Three guesses...the head of Schaeffer's Investments comments: “Something strange happened during the last 7 or 8 weeks. Doreen you probably can concur on this -- there was a power underneath the market that kept holding it up and trading the futures. I watch the futures every day and every tick, and a tremendous amount of volume cameCollected in tristar-research's videos May 19, 2009 -
Santelli To Liesman: “Don’t Open Your Mouth And Say Dumb Things!”
Collected in tristar-research's videos May 6, 2009 -
Niall Ferguson On Fareed Zakaria’s Show: Discusses Financial Crisis, Agrees With Paul Krugman (VIDEO)
Harvard neo-imperialist economic historian Niall Ferguson argues for bank nationalization as Citigroup and Bank of America are insolvent- He points out that there is NO DIFFERENCE BETWEEN THE BUSH AND OBAMA ADMINISTRATIONS- no kidding, professor, Goldman has been running the U.S. since the early 1990s. Niall Ferguson (born April 18, 1964, in Glasgow) is a British historian. He specialises in financial and economic history as well as the history of empire. He is the Laurence A. Tisch Professor of History atCollected in tristar-research's videos Apr 26, 2009 -
Frank says Bernanke Approved AIG Bailout BEFORE $700B TARP Approved!
In an inflammatory response to a student question at the Harvard School of Government, Rep. Barney Frank bobs and weaves and weasels out of taking any responsibility for the subprime crisis and the lack of hedge fund and non-bank bank regulation. Frank gets hissy and nasty and points out that Bush FIRED SEC Chairman Bill Donaldson in 2006. Worse, Frank confesses that Fed Chair Ben Bernanke employed a 1932 stature in September 2008 to TELL Congress that the first $85B in "lending" to AIG was done. Then PaulCollected in tristar-research's videos Apr 9, 2009
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tristar-research Famed bank regulator William K. Black, a consumer-protection hero of the savings and loan scandal of the 1980s, speaks with The Young Turks radio show about the massive banking fraud perpetrated on the American people and the futility of the Obama administration's bank rescue plan. FBI said in September 2004 that there was "an epidemic of mortgage fraud", and it will be worse than the S&L crisis. The FBI received 63,000 cases of fraud last year (80% by the LENDERS) and the FBI clears 800 cases a year. Tal Read More
May 25, 2009