“So Tracy Lawrence’s highly suspect suicide is another major victory for the bankster class, and another giant loss for the rest of us. No matter what the circumstances of her suicide—that is, even if she was driven to kill herself in despair, after turning whistleblower and facing the pressure of confronting one of the biggest criminal fraud scams in history—that doesn’t make her death any less significant, or infuriating, or disturbing. Either way, the criminal lending industry drove a lone and lonely hero to her death.”


Tracy Lawrence and the Foreclosure Suicide that America Ignored

Though there has been little public discussion about Tracy Lawrence’s suicide, in private forums, her death sent a chill. Although there have been reports that Lawrence was depressed and stressed from her role as the key whistleblower, no one I know who reports on the housing disaster unquestioningly accepts the official version, that Tracy Lawrence’s suicide timing just happened to come at the most convenient time imaginable. The stakes could not have been higher: As MSNBC reported, Las Vegas police said that her testimony threatened to “throw into question the legality of most Las Vegas home foreclosures in the past few years.”

One only has to remember that Las Vegas’ gambling industry was created by mobsters like Meyer Lansky—who is also credited with helping invent modern offshore banking in the early 1930s in Switzerland. In this world, deaths ruled “suicides” are not unheard of. One of the most spectacular examples involved the “suicide” of Roberto Calvi, chairman of Italy’s largest private bank, who in 1982 was found hanging from London’s Blackfriars Bridge with bricks stuffed into his pockets along with $15,000 cash. The day before Calvi’s “suicide” his secretary “jumped” out of the bank headquarter’s fourth floor window and died—her death was also ruled suicide.

It took over two decades for authorities to overturn the “suicide” verdict and state the obvious: In 2003, Italian authorities ruled Roberto Calvi’s death a murder.

In the meantime, the fallout from Tracy Lawrence’s suicide has been worse than predictable: In Nevada, the case against Lender Processing Services appears to have all but fallen apart. With the Obama Administration foisting its foreclosure fraud settlement on all the states in January—a deal that left bankers happy, and everyone else screwed— and with the key witness to the LPS case dead, the writing was on the wall.

Be sure to check out the report in full here…