Neil Garfield Show Next Week
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We are starting rising activity by investors who are drilling down on their “investment” that was not just handled negligently but was the largest fraud of its kind in human history. Investors are starting to realize that they were screwed the moment they deposited money with the investment banks. Those Banks took the money as an involuntary gift, and the proceeds were partially used to pay for mortgages to cover-up the fraud. And the worse the loan the better for the banks; because when you are telling the investor that the return is 5% and you are giving 10% loans that will likely default, you only have to lend out half the money that the investors gave you (provided of course that the loan fails).
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