World-News

A telephone call between a financial adviser in Beverly Hills and a trader in New York was all it took to fleece taxpayers on a water-and-sewer financing deal in West Virginia. The secret conversation was part of a conspiracy stretching across the U.S. by Wall Street banks in the $2.8 trillion municipal bond market.

http://www.bloomberg.com/apps/news?pid=20601109&sid=axH24KWxjVDE&pos=10



How Investors Made Millions from People Facing Eviction

A six-year conspiracy by veteran real estate investors to rig bids and stifle competition at tax sale auctions made two chief organizers at least $10 million, largely from fees homeowners paid to keep from losing their properties, according to federal prosecutors.

http://huffpostfund.org/stories/2010/05/investors-made-millions-people-facing-eviction



More homeowners choose to default on loans

The report found that the incidence of strategic default is higher among those with higher credit scores and larger loan balances.

http://snipurl.com/whgb2


From Information Clearing House

--------

U.S. Creates 1.3 Trillion Dollars out of Thin Air to Cover Banking Scam

Video

An amazing admission by Fed Chariman Ben Bernanke, caught on tape!

--------

How Stagnant Pools of Government Money Could Help Save the Economy

Ellen Brown, Truthout: "For over a decade, accountant Walter Burien has been trying to rouse the public over what he contends is a massive conspiracy and cover-up, involving trillions of dollars squirreled away in funds maintained at every level of government. His numbers may be disputed, but these funds definitely exist, as evidenced by the Comprehensive Annual Financial Reports (CAFRs) required of every government agency. If they don't represent a concerted government conspiracy, what are they for?"

http://www.truthout.org/how-stagnant-pools-government-money-could-help-save-economy59731

--------

Warning: Crash Dead Ahead. Sell. Get liquid. Now.

By Paul B. Farrell

Main Street lost 20% last decade ... yet like sheep keep going back.
http://www.informationclearinghouse.info/article25541.htm



http://freepage.twoday.net/search?q=Bernanke
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=Wall+Street
http://freepage.twoday.net/search?q=Main+Street
http://freepage.twoday.net/search?q=Big+Banks
http://freepage.twoday.net/search?q=banking+scam
http://freepage.twoday.net/search?q=bond+market
http://freepage.twoday.net/search?q=real+estate
http://freepage.twoday.net/search?q=homeowner
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=Ellen+Brown
http://freepage.twoday.net/search?q=Paul+B.+Farrell