Comments on: In Citigroup Case, A Crack in Wall Street’s Defenses | Investors Awarded a Total of $54.1 Million in a Securities Arbitration Case https://4closurefraud.org/2011/04/24/in-citigroup-case-a-crack-in-wall-streets-defenses-investors-awarded-a-total-of-54-1-million-in-a-securities-arbitration-case/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Wed, 03 Dec 2025 17:27:47 +0000 hourly 1 https://wordpress.org/?v=7.0.1 By: l vent https://4closurefraud.org/2011/04/24/in-citigroup-case-a-crack-in-wall-streets-defenses-investors-awarded-a-total-of-54-1-million-in-a-securities-arbitration-case/#comment-29188 Mon, 25 Apr 2011 02:28:45 +0000 https://4closurefraud.org/?p=23055#comment-29188 Well, when the criminals own and control their own ratings agencies there are no safe investments. Fannie/Freddie’s PHONY MBS’s they were peddlng to investors were AAA rated. These criminals were highly deceptive in what they were sellling. Just like all of the deception they used on Homeowners at the closing table, If they would have told us they were packaging our good loans up with thousands of bad loans that they were sure would default, would we have agreed to that? They always want to blame the victim for all of their rampant fraud and deception. If they can settle with investors to keep their asses out of court, then the same should go for the deceived homeowners who were INTENTIONALLY SET UP TO FAIL RESCIND OUR FAKE MORTGAGE CONTRACTS.

]]> By: Hydesdocs https://4closurefraud.org/2011/04/24/in-citigroup-case-a-crack-in-wall-streets-defenses-investors-awarded-a-total-of-54-1-million-in-a-securities-arbitration-case/#comment-29151 Sun, 24 Apr 2011 18:00:10 +0000 https://4closurefraud.org/?p=23055#comment-29151 Remarkable, how the so called smart can make lots of money, but have no initiative or discernment when
it comes to dealing with human nature. How come they didn’t take the time to research what they were being
sold before committing themselves. Was it because they’d been a client of Smith Barney for so long they assumed they could trust them? My bet is they have no idea how much money they took from them, and will
never know.

]]> By: Stupendous Man - Defender of Liberty - Foe of Tyranny https://4closurefraud.org/2011/04/24/in-citigroup-case-a-crack-in-wall-streets-defenses-investors-awarded-a-total-of-54-1-million-in-a-securities-arbitration-case/#comment-29150 Sun, 24 Apr 2011 17:32:11 +0000 https://4closurefraud.org/?p=23055#comment-29150 The last lines of the article, quoting one of the prevailing litigants, says it as well as it can be said:

“Instead of the financial world being the lubricant for business, they are out there manufacturing products with no utility whatsoever except for generating fees,” he said. “Somebody’s got to do something about Wall Street. It is destroying the country.”

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