Here’s the deal (read it and then wonder why demonstrations are turning into riots on Wall Street and around the country:

Bob the Banker loans Fred, a husband and father, some money to buy a house and takes the house as security for the “loan,” telling Fred that at some point in the future he will either have to pay back all the money that is falsely “owed,” or he will pretend to have the right to take the house away from Fred to make his bank whole. Fred signs up and starts making a life for himself and his family.

Banker Bob then partners up with his rich buddies on Wall Street who conjure up a slick scheme for avoiding spending a single dime to make millions off of other “naive mooches” like Fred. Bob and his buddies fake some documents, forge a few, lose a few, and broker all their loans to their “other buddies” on Wall Street who have a multimillion dollar, sure-fire scam going on whereby they can easily feed their insatiable appetite for mortgage loans (any loan, good or bad will do because the buyers don’t know the difference) to attach to “falsely securitized overseas stock purchases.” (Whoa! What a deal! My stock loses value, I get the real estate instead, and that can’t lose value…gimme a bunch of those!”)

After a while, the phoney trillion-dollar stock scam is discovered, fails and a global chain reaction ensues causing ultimately Fred’s employer along with thousands others to fail and Fred gets let-go. The now unemployed Fred can no longer pay for the loan that Bob never actually made, and he can’t get another job because the same thing is happening to millions of other unemployed people scrambling for the same job and who are also losing their homes for the same reason.

So Bob just grins (showing his fangs and dripping a little spittle from the sides of his mouth), takes Fred’s ‘s house; puts his family on the street with no where to go, then sues him for the rest of what he says he’s owed — because he unknowingly (perhaps) made sure, with his complicity and greed for quick cash, that the house couldn’t be worth enough to pay him off and he would have to take it. In such a transaction Fred never spent a gd dime or had any ownership or right to foreclose or act on behalf of the true holder in due course (Sung Ling Ching-Dong Ding in Beijing and his1,000 co-stooges, all of whom bought into the same bogus securities scam perpetrated by thousands of equally clulpable and crooked ‘Bobs’ and their cronies across the country and around the world).

Oh yeah: After Fred and his family are kicked onto the street with their belongings because of the fiasco that all the ‘Bob’s’ caused due their/his (his bank;’s) greed, Bob not only forecloses, but sells the property at its true value, applies for his FICA and insurance pay-off, then files a lawsuit against Fred for a Deficiency Judgement (in order not to be hurt by the deficit between the sales price and what was owed on a phantom “loan” that Bob never made, and which was paid off in full for Fred on the day it was supposedly generated (Bob was paid by the secondary market, the secondary market got paid by Wall street; Wall Street Got paid by the Chin LIng Ding Foundation) and that group got paid by being given the the right to take the property and sell it…except for the fact that Bob beat them to it and put all the proceeds in his bank’s reserve account (while he looks for the true payee…and the real OJ Simpson killer), against which amount the government allows him to loan out 10 times the reserve funds (a 200K house now becomes 2 million dollars than can be loaned out).

Now…who wins in this scenario? The duped or the duper? ‘Ever wonder why, in such an economy, banks like B of A, JP Morgan Chase, Deutsche, CitiBank, SunTrust and so on are posting earnings in the double-digit billions of dollars?

I lost my house this way, but I now have 168 clients who WILL prevail against the B#$%^@s and either keep their homes or get full monetary restitution for what has been criminally taken from them.

Bill Gatten

JOHN…THUMBS UP TO YOU…….So far…I and others take Ms. Bondi as a FOLLOWER….NOT A LEADER. It apppears she follows other AG’s suggestions and sits back with noithing to offer when in fact…these AG’s saw the frauds…crimes right in front of them…yet she falls for SETTLEMENTS …DO NO GOOD FOR THE VICTIMS….GET WITH IT MS. BONDI….ARE YOU WITH THE PEOPLE OF FLORIDA OR THE BANKSTERS…MAKE UP YOUR MIND. DON’T WASTE OUR TIME….WE WILL NOT SETTLE FOR $$$$…WE WANT THE FRAUDSTERS PUNISHED FOR THE CRIMES….FRAUD BY THE MILLIONS DONE IN ALL FORECLOSURES AND COURTS …. PRISON….NOT $$$$. SETTLEMENTS ARE A FORM OF BRIBE…A CHEAP WAY OUT…..IN CASE YOU AS CHIEF LAW ENFORCEMENT NEED SOME HELP….GO TO THE CEO’S AND THE PEE-ONS WHO FOLLOW UNDER THE CEO’S AND THAT IS WHERE THE ARRESTS START…. ORDER’S GIVEN OF FRAUD START AT THE TOP…AND SERVICERS ARE JUST AS GUILTY OF THE SAME CRIMES…….DO WHAT YOU WERE ELECTED TO DO OR CONSIDER YOURSELF A LAME DUCK.

http://myfloridalegal.com/contact

My e-mail to this bank owned whore.

Dear Pam Bondi,
I am upset by your lighthanded approach to the fraud that banks and foreclosure law firms have so far gotten away with in this state.
As the chief law enforcement officer in Florida, and a member of the Florida Bar, your duty is clear. To do anything less than full prosecution on those who would, fabricate, and use fraudulent documents in court proceedings is a violation of your oath as a officer of the court, and Attorney General of the state of Florida.
We are in troubled times, and the public needs to know that the law applies to all, great and small. If rule of law, is perceived as rule of the rich, then civil unrest and revolution will be the result.
Do you think Judge Judy would rule in favor of a plaintiff or defendant who produced a fraudulent document to win their case? NO! because it would violate the”CLEAN HANDS DOCTRINE” that no relief shall be granted to a party who engages in unlawful activity.
I ask that you do your duty.