Saturday, March 12, 2011

On Monday Evidence is to be Released That Bank of America Committed Fraud With Its Home Mortgages

No wonder Ben Bernanke and his pals created a panel at the Federal Reserve to inform Americans this past week, that there has been absolutely NO FRAUD committed by the Banks and Mortgage industry.  (Despite the fact that the Obama Administration is moving forward with cases of fraud by JP Morgan, to protect those in our military).
No wonder the 50 US State Attorney's are trying to rush through a shitty excuse of a bill to 'get the Banks off the hook,' before the shit hits the fan.
No wonder the SEC and AG Eric Holder are letting another big time player go without even a slap on the wrist this week.  That's right, Dick Fuld and the other executives of Lehman Brothers are getting away with FRAUD on a epic scale, and as was said in Matt Taibbi's article:  "Everything's fucked up, and nobody goes to jail."   But that may be about to change, so hold on to your seats people.

From Zero Hedge:
We urge readers to check into first thing Monday - after all this is the portal that released the original damning HBGary evidence, and brought down the firm within weeks. If it can do the same with Bank of America, Monday may just soon be a national holiday.
After Julian Assange crashed and burned in his threat to release documents that expose fraud at Bank of America, many thought he had been only bluffing, and that BofA is actually clean. Not so fast. A member of the hacker collective Anonymous, which singlehandedly destroyed "hacker defense" firm HB Gary, who goes under the handle OperationLeakS "is claiming to be have emails and documents which prove "fraud" was committed by Bank of America employees, and the group says it'll release them on Monday" reports Gawker. As to the contents of the possible disclosure: ""He Just told me he have GMAC emails showing BoA order to mix loan numbers to not match it's Documents. to foreclose on Americans.. Shame." If indeed this makes the case against BofA' foreclosure practices stronger, it certainly explains why the banking consortium is scrambling to arrange a settlement, and also why Bank of America recently split off its $2 trillion in mortgages into "good bank" and "bad bank" entities.
It is unclear whether this will be yet another climax-free build up, but Anonymous has certainly proven their mettle by putting HBGary effectively out of business with one masterful hack. Those I've spoken to in Anonymous are convinced there's something to this. Anonymous has a proven track record with leaks, and Bank of America has been in their crosshairs since they cut off payments to Wikileaks in December. If it's real, it could be big. Keep your eye on It should hit Monday.

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