Oh, New Century…What a wicked web you weave…

Posted on July 1, 2012 by Deadly Clear

The new word in the securities fraud cover-up banter is “ministerial” – and so very far from the truth.

On April 2, 2007, New Century Financial Corporation and its related entities filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court, District of Delaware and is currently heard and administered by the Honorable Kevin J. Carey.

With the filing of bankruptcy, New Century took down a list of affiliate / entities including New Century Mortgage Corporation, Home123 Corporation, New Century Mortgage Ventures, Midwest Home Mortgage, among a host of others. New Century was one of the Continue reading →

RSN: The American People Are Angry

Posted on June 28, 2012 by Deadly Clear

This is a post and video that the entire United States public needs to view. Please forward the message to your friends and family. Thank you in advance. DeadlyClear

By Bernie Sanders, Reader Supported News
28 June 12

The American people are angry. They are angry that they are being forced to live through the worst recession in our lifetimes — with sky-high unemployment, with millions of people losing their homes and their life savings. They are angry that they will not have a decent retirement, that they can’t afford to send their children to college, that they can’t afford health insurance and that, in some cases, they can’t even buy the food they need to adequately feed their families.

They are angry because they know that this recession was not caused by the middle class and working families of this country. It was not caused by the teachers, firefighters and police officers and their unions who are under attack all over the country. It was not caused by construction workers, factory workers, nurses or childcare workers.

This recession was caused by the greed, recklessness, and illegal behavior on Wall Street. And, what makes people furious is that Wall Street still has not learned its lessons. Continue reading →

Washington Post: Lawmakers reworked financial portfolios after talks with Fed, Treasury officials

Posted on June 26, 2012 by Deadly Clear

Washington, D.C. is a town that runs on inside information – but should our elected officials be able to use that information to pad their own pockets?

By Kimberly Kindy, Scott Higham, David S. Fallis and Dan Keating, Published: June 24, 2012

“In January 2008, President George W. Bush was scrambling to bolster the American economy. The subprime mortgage industry was collapsing, and the Dow Jones industrial average had lost more than 2,000 points in less than three months. House Minority Leader John A. Boehner became the Bush

administration’s point person on Capitol Hill to negotiate a $150 billion stimulus package. In the days that followed, Treasury Secretary Henry M. Paulson Jr. made frequent phone calls and visits to Boehner. Neither Paulson nor Boehner would publicly discuss the progress of their negotiations to shore up the nation’s financial portfolio.

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“The U.S. has serious issues but you need to acknowledge them to fix them,” Dimon says.

Posted on June 13, 2012 by Deadly Clear

“Too Big to Manage, Too Big to Operate.” –U.S. Senator Sherrod Brown of Ohio.

Just in case no one in the United States Senate understands the difference between “risk” and “fraud” – below are the definitions. JPMorgan Chase Chief Executive Jamie Dimon tells the Senate Banking Committee what he has learned from the bank’s more than $2 billion trading loss. June 13, 2012

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Obama Grinch – What the Republicans Grasp that the Democrats Ignore

Posted on June 6, 2012 by Deadly Clear

What the Republicans grasp that the Democrats ignore is that the vast majority of the 99% want the bank cartel to collapse. Albeit the average American is not prepared to endure the final financial force majeure – they just know they want an end to the corruption.

So, the Republicans, who will eat their own, high-five (with a wink) when the banks slip in the stock market and the Tea Party vows to audit the Federal Reserve (if not outright eliminate it)…which they know the majority of Americans want. All of this is transpiring as the economy rolls on to a horrific collapse while Obama surrounds himself Continue reading →

ELIZABETH WARREN: “We need a strong cop on the beat to make sure no one steals your purse on Main Street or your pension on Wall Street.”

Posted on May 14, 2012 by Deadly Clear

“Elizabeth Warren Calls on JP Morgan Chief to Resign from NY Federal Reserve Bank Board,” Reports Stopforeclosurefraud.com

Says Responsibility and Accountability Long Overdue
Architect of the Consumer Financial Protection Bureau
Warren Continues Challenging Wall Street Arrogance

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DOERS ALERT: U.S. BANK NATIONAL USES FRAUD AND DECEIT TO EVICT A HAWAII FAMILY – WHILE MAUI, HAWAII COURTS FAIL TO ACT

Posted on May 11, 2012 by Deadly Clear

Joe and Grace Barroga have been fighting foreclosure and a fraudulent assignment of mortgage since last year when they discovered a fraudulent, robo-signed Mortgage Electronic Registration Systems, Inc. assignment of mortgage made in 2009 by U.S. Bank National as Trustee for RFMSI Series 2006-SA4 Trust – a GMAC securitized loan trust. The Barrogas, like millions of other “responsible” homeowners, fell prey to for the defective Obama HAMP program that allowed banks to default good homeowners that asked for a modification. They are scheduled for eviction on Monday, May 14th.

Pursuant to the Trust controlling documents, Continue reading →

Investors One Corp. to Bank of America – Psychotic Behavior – An Intentional Pattern of Abuse:

Posted on May 5, 2012 by Deadly Clear

“Psychosis is a clinical condition in which the affected person loses contact with reality altering key functions for the human being as the thoughts, feelings, perceptions and behavior.”

In Atlanta, a Dekalb County sheriff evicted a four-generation family, which had been occupying its home, in a 3 a.m. raid earlier this week.

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Let’s Make A Deal – “Wells Fargo Come On Down”

Posted on May 3, 2012 by Deadly Clear

The Phillips-Tehiva reconsideration hearing took place on Tuesday, May 1st. May Day… Occupy Maui May Day.

Honorable Judge Eric G. Romanchak flew into Hana, Maui to hold monthly court in the “Little House on the Prairie-style” Hana Courthouse and hear the arguments presented on the foreclosure and eviction issues relating to the Phillips-Tehiva family and their Hawaiian family land.

The Wells Fargo, as Trustee v. Phillips-Tehiva case has been the focus of local and international media attention causing emotions
to run at very high levels. Continue reading →

Chris Whalen: The Fallacy of “Too Big To Fail”–Why the Big Banks Will Eventually Break Up

Posted on April 21, 2012 by Deadly Clear

Jim Puplava is Author & Host of Financial Sense & Financial Sense Newshour providing weekly broadcasts and writing thought-provoking commentary for Financial Sense Online in addition to interviews with top financial thinkers.
In a riveting interview on the banking industry, Christopher Whalen of Tangent Capital Partners in New York joins Jim on Financial Sense Newshour to discuss the fallacy of “too big to fail,” conflicts of interest in the derivatives markets, problems with the 2005 bankruptcy laws, and political failures, policies and programs.