Monthly Archives: October 2009

al danna to ngarfield, Darrell, Andre, Jan, Beverly, me, June, chrismo7865, Steve, Diane


Dear Sir: I am writing to thank you for bouncing my check with which I endeavored to pay my plumber last month. By my calculations, three nanoseconds must have elapsed between his presenting the check and the arrival in my … Continue reading

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Federal Reserve Policy Audit Legislation ‘Gutted,’ Paul Says


The central bank is also buying $1.25 trillion of securities tied to home loans, so I guess the central bank is going to be hiring a lot of lawyers to fight us. Federal Reserve Policy Audit Legislation ‘Gutted,’ Paul Says … Continue reading

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US Regulators Ask Banks’ Help For Commercial Realty


So I guess the banks can continue to sell the toxic assets at the fake inflated value forever then. The regulators are in bed with the banksters to shaft the homeowners forever. Banks are being encouraged to modify troubled commercial … Continue reading

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N.Y. Judge Approves State Street’s $90M ERISA Settlement Despite Bank’s Objections


So the investors are hitting back, see? we were right all along. N.Y. Judge Approves State Street’s $90M ERISA Settlement Despite Bank’s Objections Andrew Longstreth The American Lawyer October 30, 2009 Print Share Email Reprints & Permissions Post a Comment … Continue reading

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Saudis drop WTI oil contract


This is huge news Saudis drop WTI oil contract By Javier Blas in London Published: October 28 2009 20:27 | Last updated: October 28 2009 20:27 Saudi Arabia on Wednesday decided to drop the widely used West Texas Intermediate oil … Continue reading

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AIG is chump change — let’s find corporate America’s hidden billions


AIG is chump change — let’s find corporate America’s hidden billions It’s time to reform offshore banking, and see what untaxed wealth big business is hiding in overseas tax shelters. By Joe Conason March 23, 2009 | The popular urge … Continue reading

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If Lenders Say ‘The Dog Ate Your Mortgage’


This is just a classic case, but all or the vast majority of the cases are like this, this is the prototype. By GRETCHEN MORGENSON Published: October 24, 2009 FOR decades, when troubled homeowners and banks battled over delinquent mortgages, … Continue reading

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South Florida homeowners walking away from underwater mortgages


From the Miami Herald this morning… Interesting to say the least… South Florida homeowners walking away from underwater mortgages Many South Florida homeowners who can afford to make their mortgage payments are choosing not to, forcing the lender to foreclose. … Continue reading

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I am an attorney who has taken “produce the note” one step further.


editors note: adapted from an email by an attorney in NC. I am an attorney who has taken “produce the note” one step further. I am current on my mortgage, and actually what prompted me to take the action I … Continue reading

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DO NOT WALK AWAY from your home, a Rant, by Mario kenny


DO NOT WALK AWAY from your home, a Rant, by Mario kenny October 24, 2009 • 2 Comments DO NOT WALK AWAY from your home, a Rant by Mario Kenny July 9, 2009 • Leave a Comment DO NOT WALK … Continue reading

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Bank failures hit 106 for year; many more are weak


That many bank closures are a sure sign of real trouble, property value is said to be on the decline to the level of just under twelve percent by the middle of 2010 I do not thing that we will … Continue reading

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Joyce warns of bigger GFC


Joyce warns of bigger GFC MARK DAVIS October 23, 2009 THE Nationals Senate leader Barnaby Joyce is openly canvassing an economic upheaval that would dwarf the current global financial crisis, triggered by the US defaulting on its sovereign debt within … Continue reading

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The Next Financial Crisis Hits Wall Street, as Judges Start Nixing Foreclosures


October 21, 2009 Seems like I have to post this as so many people sent it to me today. Its a lot of hard work but the fight is getting going in small strides. read on, I will post my … Continue reading

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Are you paying that NOTE?


Editors Note: I have advocated that homeowners stop paying for the homes because the asset is not worth what it was sold to the homeowner at the time of origination. If there are no jobs and no money people will … Continue reading

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Detroit has more targets in annual Devil’s Night arson battle


from http://www.usatoday.com Detroit has more targets in annual Devil’s Night arson battle Updated 10/19/2009 5:44 AM ET DETROIT (AP) — For the five years that the wood bungalow next door has been empty, Darlene Banks has kept an eye on … Continue reading

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I knew that this foreclosure mess would have lasted next to forever


I knew that this foreclosure mess would have lasted next to forever, but I am beginning to see huge change, as the system implodes common reasoning become more evident and changes are becoming natural. What I am trying to say … Continue reading

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Top U.S., European Banks Got $50 Billion in AIG Aid


Top U.S., European Banks Got $50 Billion in AIG Aid By SERENA NG and CARRICK MOLLENKAMP The beneficiaries of the government’s bailout of American International Group Inc. include at least two dozen U.S. and foreign financial institutions that have been … Continue reading

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