When it rains it pours and when a bank fails, the FBI is going to find out why.
The facts are that the fraud and financial crimes ran rampant from all sides of the mortgage and real estate equation.
From the loan officers, appraisers, Realtors, notary publics, underwriters, account executives, managers, investors, brokerages, borrowers and the list can go on and on into eternity. But when it all comes down to finding the master minds of this fraud and world wide ponzi scheme, you can look no further than the king pins. The Don’s, Mozilo’s, the big wigs and the so called “untouchables” of the corporate world. Read the rest of this entry »




