Monday, February 27, 2012

24 Government Corruption Investigations


UPATED 3/2/12
MOST RECENT VERSION OF LIST CAN BE FOUND HERE:
http://americankabuki.blogspot.com/2012/03/115-resignations-from-world-banks.html


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PENDING GOVERNMENT BANKER RESIGNATIONS, CURRENT PROSECUTIONS AND INVESTIGATIONS

81 RESIGNATIONS FROM WORLD BANKS 2/27/12




Banker resignation list has been moved to a permanent page.



2008:USA BANKS KEPT SOLVENT WITH DRUG CARTEL MONEY

I'm not advocating this is a good thing by publishing this, quite the opposite. This is why medical marijuana is illegal.  Keeps the price high on a drug that is far safer than most anti-depressant prescription drugs.


At the height of the 2008 banking crisis, Antonio Maria Costa, then head of the United Nations office on drugs and crime, said he had evidence to suggest the proceeds from drugs and crime were "the only liquid investment capital" available to banks on the brink of collapse.Inter-bank loans were funded by money that originated from the drugs trade," he said. "There were signs that some banks were rescued that way."


http://wikileaks.org/gifiles/docs/1115826_re-us-bank-dirty-money-.html


MERS's Business Model Is Illegal
New York's U.S. Bankruptcy Court Rules

This just in from the Huffington Post. Huge good news for beleaguered home owners in this down economy. 


United States Bankruptcy Judge Robert Grossman has ruled that MERS's business practices are unlawful. He explicitly acknowledged that this ruling sets a precedent that has far-reaching implications for half of the mortgages in this country. MERS is dead. The banks are in big trouble. And all foreclosures should be stopped immediately while the legislative branch comes up with a solution.
Its business model makes it impossible to legally foreclose on any mortgaged property registered within its system -- which includes half of the outstanding mortgages in the US. MERS was a fraud from day one, whose purpose was to evade property recording fees and to subvert five centuries of property law. Its chickens have come home to roost.
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