White Paper: Securitization Is Illegal
The Market Ticker ® - Commentary on The Capital Markets
Posted 2012-08-03 09:44
by Karl Denninger
in Foreclosuregate
White Paper: Securitization Is Illegal
 

This is an interesting analysis of securitization transactions, concluding that the process is inherently illegal on a number of levels -- including usury, tax evasion and common-law fraud.

It makes for fascinating reading, but of course in today's world where regulators and law enforcement is bribed with campaign donations, whether anyone will look at the issue at this level from an analytical point of view is rather unlikely....

 

Securitization is Illegal

h/t 4closurefraud

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