Posted by 4closureFraud on July 24, 2010 · 1 Comment
“It’s as if the New York Fed used A.I.G. as a front man to bail out big banks all over the world,” Mr. Grassley said in a statement. “It took nearly two years for the public to learn these details, and they only were revealed because Congress wouldn’t take no for an answer. Taxpayers deserve … Read more
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, Front Page, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, aig, bail out, bank fraud, cdo, cds, Charles E. Grassley, Congressional Oversight Panel, conspiracy, Credit Default Swap, criminal, Elizabeth Warren, foreclosure, Foreclosure Fraud, goldman sachs, Hearing, Lehman Brothers, maiden lane, New York Fed, securities fraud, securitized, Senate Finance Committee, tax payers, wall street fraud