KaBOOM! Here We Go
The Market Ticker ® - Commentary on The Capital Markets
Posted 2010-09-30 11:00
by Karl Denninger
in Corruption
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KaBOOM! Here We Go
 

smiley

Well well well...

REFERRAL OF CHASE HOME MORTGAGE AND MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. TO FEDERAL PROSECUTOR: Secretary Brunner, in two letters dated Aug. 11, 2010 and Sept. 1, 2010, referred matters of alleged notary abuse in thousands of home mortgage foreclosures by Chase Home Mortgage and the Mortgage Electronic Registration Systems, Inc. to U.S. District Attorney Steven Dettelbach in Cleveland

NOW the game is afoot.

Note that MERS was referred.

They go, this entire ****pile collapses on the heads of the banks and the entirety of this mess is FINALLY unraveled.

More than three years after I started screaming about this on The Market Ticker, we're getting to the point of critical mass.

Discussion below (registration required to post)
 

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User Info KaBOOM! Here We Go in forum [Market-Ticker]
Pika-steph
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Gold A True American Patriot!
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Oh hell YES!

smiley

Banks smiley

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Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org/
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"The only regulation that really works is failure."--Rick Santelli
Geckogm
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Gold
Canyon Lake
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smiley sit and spin you thieving bastards
Striker754
Posts: 671
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Hopefully it amounts to something. Or....are some attorneys about to get replaced?
Drench
Posts: 28631
Incept: 2009-11-10
Green
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Yeah, I was laughing at CNBC.com yesterday for saying this would be resolved state-by-state. Maybe not so much, eh?
Pika-steph
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Gold A True American Patriot!
Live Free Or Die; US Army Est. 1775
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Very interesting that this specific problem has to do with voters being disenfranchised - and apparently, someone(s) who had a fraudulent foreclosure got the attention of the prosecutor because the poor guy couldn't vote just because Chase was foreclosing on his home. There was obviously an (erroneous) assumption that it was a foregone conclusion you were going to be homeless (or move) if you were anywhere in the foreclosure process. Guess those foreclosures aren't a sure-thing anymore. smiley

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Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org/
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"The only regulation that really works is failure."--Rick Santelli

Marketswork
Posts: 2320
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Green
Southern Oregon
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Die your ****ers. (banks..)

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William Wallace enters history when he assassinated William de Heselrig, the English High Sheriff of Lanark, in May 1297.
Over 300 million guns and over 1 trillion rounds of ammo, 535 pricks are pushing the buttons of 300 million or more free gun owning people. --I don't like the odds for those pricks.
Binney
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Green A True American Patriot!
Riverhead, NY
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I can't tell you how many times I've seen "Ruby Lee" (referred to in another TF thread regarding this matter) as a notary on docs. If I recall correctly she also was a signatory for one of the banks - I can't remember which one... If I (a ditzy blonde) recognize this name here in the Northeast, somethin's not quite right...

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write-in: Beelzebub
When you just can't vote for the lesser of two evils any more.
Goforbroke
Posts: 5338
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Just call me 'Comrade'
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Finally an Ohio public servant earns his/her keep.

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We have met the enemy and it is us. -- Pogo
Ct1977
Posts: 231
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East Hartford, CT
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Karl....what do you think, could this be the event that ends our sweet little parabolic blow off?
Genesis
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Oh it could indeed...

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Bicycle
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Corn1945
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Green
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The government threw generations of wealth at these banks to "save" them (temporarily) and is now going to allow them to detonate?

Maybe I'm too cynical but I don't see this happening. Mr. Dettelbach will be paid a visit by Obama and company before anyone is convicted.
Halfbrite
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Arizona via California
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Take a deep breath folks - this is a nothingburger. It's one state, the sec of state, no big deal. The feds will bury/cover this up like an avalanche covers a loose snow ski.

Maybe they can hide it, maybe not, but before I get hopeful I want to see the Feds involved (on the side of justice), big time.

I'll believe it when I see it. States don't mean s***. Don't we know that by now? We here in Az sure know it!

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"That which cannot continue, will not continue. Brace for impact!"
Genesis
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Halfbrite, THE REFERRAL IS TO THE FEDERAL PROSECUTOR.

US DISTRICT Attorney, NOT State's Attorney.

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Bezzle
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Green

Banned
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Until I see someone wearing orange, it's all smoke & mirrors.

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El Sock-Puppeto exposed and killed by Tickerguy
Jeffrey_thomason
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Green
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Quote:
Until I see someone wearing orange, it's all smoke & mirrors.


Where there's smoke, there's usually fire... and mirrors can reflect heat.

But yeah.

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When they turn the pages of history, when these days have passed long ago. Will they read of us with sadness for the seeds that we let grow?
Genesis
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Handcuffs by genesis

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Zarathustra
Posts: 5953
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Silver A True American Patriot!
Funkytown
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Gen,

Where is the link from?

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"And in knowing that you know nothing, that makes you the smartest of all." - Socrates
Curbyourrisk
Posts: 3590
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Farmingdale, NY
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Karl....you need to do a big "I TOLD YOU SO" video.

Get it out to us and we can make it go viral.......Everyone can send it everyone they know.....


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Time is up.

I hate to burst your bubble, but there is no Santa Claus, the tooth fairy does not exist and American justice does not involve the courts.
Halfbrite
Posts: 2459
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Green
Arizona via California
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Gen, I think the letter/referral came from Jennifer Brunner, Ohio secretary of state, over a month ago ? Easy for the Feds and media to plausibly ignore it.

Hell, in AZ, the Feds ignore law passed by 70% of voters!

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"That which cannot continue, will not continue. Brace for impact!"

Bighiller
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Hiding from Monkeys
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I'm skeptical until the perp walks.

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The Earth will forget Mankind.
The play of life will go on.
Blackswan
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Gold
Just outside of Philly
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Bring it mutherffers!

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“It’s checkmate. Everywhere it’s checkmate.”
Hugh Hendry
Dashingdwl
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los angeles
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Que up the Dippy buyers in 3....2....1....

I'm with you Bezz, where are the prosecutions of PEOPLE?

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When you are hard and disciplined, you can be principled. People fear you because they have no leverage against you. It's the truest form of Liberty.
Genesis
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Curb, I will. Will take a bit to get done - maybe this weekend.... I want to take the studio and postprocessing time to get it right.

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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