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View Full Version : How default mortgages are worth MORE to certain 'players' than good mortgages



PatColo
21st October 2010, 06:48 PM
actual title is,

Was Abacus the Business Model for the Entire Mortgage Industry? (http://www.washingtonsblog.com/2010/10/did-giant-banks-intentionally-loan-to.html)


blogger "Lord Stirling (http://europebusines.blogspot.com/)" where I found the story, comments:

How default mortgages are worth MORE to certain 'players' than good mortgages - Was Abacus the Business Model for the Entire Mortgage Industry? ~ link ~ WOW! This explains the profit from the scam, which itself was a part of the greater Grand Strategy to take down America and the entire world's economy. It is also a 'Smoking Gun' as it shows intent to defraud! So why are the most serious criminal charges not being brought against the 'players' and the banks??? With Obama and the bought-and-paid-for political whores in Congress and most national parliaments, the real crooks will never be charged while we, the masses, suffer the destruction of our entire way of life. Wake up people, we have 'been had' and are being led to the slaughterhouse. Stirling