2010-10-19 — firedoglake.com
``This is basically the mortgage bond scandal that Felix Salmon, Shahien Nasiripour and others have been writing about. The banks would knowingly put garbage into the mortgage pools and trot it out to the investors while misrepresenting the product. Now, we’re learning, there was a whole new angle – some of the loans showed up in multiple pools.''
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catherine at 11:46 2010-10-20 said:
OMGOSH, MY NEGATIVITY about the finances JUST RAMPED UP ON STEROIDS.............oh no, this is something we should have seen AAAAAAAAAAAAAUUUUUUUUUUUUUUGGGGGGGGGGGGHHHHHHH and noooo clue......... how are those guys that knew this sleeping at night.............this is totally going to be an 'every man' for himself shortly......and don't forget the GUYS THAT DID KNOW THIS are already cashed out and hoping no one will notice............. cash out and run like hell......walk this down the road, now they have to unzipper all the deals and shine that light on the roaches and I have been talking about securitization for so long and glass steagall but know we have to face the truth directly, there is not enought taxpayer dollars to cover all this, I don't care how much we own of bank of america...... this ices the cake, doesn't it? wowowowow AND I AM SURE OFFLMFAO...........JUST POSTIVE THAT B OF A ARE THE ONLY ONES THAT DID THIS :shock: :shock: :shock: :shock: :shock: Permalinkadd a comment | go to forum thread
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