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Re:Are Bankers a big cause of the recession

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By: rustyramkam
7/05/2009
12:35 pm

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By: rustyramkam
7/05/2009
12:42 pm

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  rustyramkam

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Re:Are Bankers a big cause of the recess ... Reply to this message
Ros6,who cares about all that unless you are a banker of course.
The bankers caused the problem through straight out greed,and sadly,after all the propping up & ripping off of the smaller people,they want to continue doing more of the same.
Talk about Swine Flu,that would be the antibiotic compared to bankers

By: watacrakup
7/05/2009
1:44 pm

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By: rustyramkam
7/05/2009
2:59 pm

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Re:Are Bankers a big cause of the recess ... Reply to this message
Obviously more than you,I can write for a start

By: public_emilly
7/05/2009
8:18 pm

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Re:Are Bankers a big cause of the recess ... Reply to this message
http://video.google.com/videoplay?docid=4759275362 410693117

y'all should watch this, it will clear up the vaguarities and approximations. shown to me by a lecturer of Policy, who is also an American.

By: claranceklonck
8/05/2009
8:29 am

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Re:Are Bankers a big cause of the recess ... Reply to this message
What is really annoying is the contempt the banks have for their customers. What other business makes customers que to give them money?

By: rustyramkam
8/05/2009
11:19 am

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Re:Are Bankers a big cause of the recess ... Reply to this message
Mitre 10,supermarkets,movies,po st shop...........

By: rustyramkam
8/05/2009
11:28 am

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Re:Are Bankers a big cause of the recess ... Reply to this message
Public Emilly,being American don`t mean much down this area of the planet,we see enough of their influence around the world now.
Who in their right mind wants to look up google & see them try & justify what they do.
Bankers are cheats & trough feeders

By: public_emilly
8/05/2009
3:59 pm

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Re:Are Bankers a big cause of the recess ... Reply to this message
did you actually watch it? I think not.

By: rustyramkam
8/05/2009
5:28 pm

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Re:Are Bankers a big cause of the recess ... Reply to this message
My posting above says it all for me thanks

By: w.lanz@xtra.co.nz
10/05/2009
7:08 pm

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  w.lanz@xtra.co.nz

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Re:Are Bankers a big cause of the recess ... Reply to this message
Hey public enemy, the link to your video isn't working, can you give a brief summary or post another link???
Cheers

By: public_emilly
10/05/2009
7:39 pm

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Re:Are Bankers a big cause of the recess ... Reply to this message
Hi lanz, surely, if you google 'the crisis of credit' you will find several workable links.

Its just a very interesting diagramatic presentation of how the crisis occurred... not a justification as someone earlier suggested?

enjoy :)

By: golfers248
12/05/2009
2:44 pm

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Re:Are Bankers a big cause of the recess ... Reply to this message
It is refreshing to see someone else in here has some brains (rlfdevlopments), boy there are some very thick people around, and alot on this message board fit (thick).

By: willy1styles
9/08/2009
7:16 am

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By: willy1styles
11/08/2009
3:57 am

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Re:Are Bankers a big cause of the recess ... Reply to this message
Yes they are.

Currently involved in major battle with GE and ASB over mortgages

My Trust have not paid a mortgage since Nov 2008. Have challenged GE to produce the Mortgage contract signed by us both....they have not been able to produce the contract.

I still have possession of my properties and and my legal counsel have called for 'discovery' yet GE can't produce the mortgage contract!!!!!!

Start here, mortgage contracts are about contract law, they must be signed by all parties to be valid.

You must research, Money Masters and understand the Mandrake Principal to understand what is happening. Understand how debt is created....your lawyer can't help you as he is sworn to uphold a system created and operating in the fiction. Get control of your STRAWMAN.

Mortgage contracts are fraudulent.

Contact 'Home Rescue' based in Hamilton if you are in mortgage Trauma and want to hold on to your properties.....the last place the Banks and financial lenders want to go to is to Court, forget the District Court this needs to go High Court and above, since they can't produce the so called unilateral contract that they try to uphold using the PLA Act.

All pressure is brought to bear outside Court with BS Lawyers letter etc... to get home owners to walk or give up possession.

Don't walk, get informed and understand your rights and ways to undo what is a fraudulent contract.

Ohh...they can't produce the contract because they have endorsed it to a central bank or the NZ Reserve Bank, now had they signed it and given it to you, the transaction would now sit as a debit to the them and a credit to you meaning they would be paying you interest for them creating the debt out of thin air also you would be able to sue them for using your substance (your home or the property) without permission.

Good hunting and remember who you are and that you need to research deeply on the net as much of what I speak on is hidden, try www.scribd.com and search banksters

By: edmonds57@xtra.co.nz
13/08/2009
7:42 pm

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Re:Are Bankers a big cause of the recess ... Reply to this message
This is awful stressful stuff.

go to www.godlikeproductions.co m/forum1/message843297/pg 1 or google NEW JERSEY COURT DISMISSES FORECLOSURE BY DEUTSCHE BANK.

GE sell securitized mortages and we have done a lot of research ont his - want toknow more email me on the weekend and I will send the reports we have written.

By: willy1styles
14/08/2009
6:54 am

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Re:Are Bankers a big cause of the recess ... Reply to this message
NEW JERSEY COURT DISMISSES FORECLOSURE BY DEUTSCHE BANK
Quote

NOT ONLY RIGHT ON THE MONEY BUT EXP[OSES THE DOUBLE DIPPING. FIRST THE FORECLOSURE SECOND THE CLAIMING OF INSURANCE IN FULL.

QUOTE

July 14, 2009

In a stunning victory for borrowers, a New Jersey court has dismissed a foreclosure action filed against the borrowers by Deutsche Bank Trust Company America as alleged trustee for a securitized mortgage loan trust after Deutsche Bank willfully, and despite the entry of three (3) separate court orders, refused to produce documents demanded by the borrowers which included documents setting forth the identity of the true owner and holder of the Note and mortgage, the complete chain of title to ownership of the note and mortgage, payment application histories, and documents as to the securitized mortgage loan trust. The Court had given Deutsche Bank multiple opportunities and extensions of time to produce the documents, but Deutsche Bank continually refused to produce any of the documents requested, resulting in the dismissal of Deutsche Bank’s foreclosure action. The Court also ruled that Deutsche Bank is not permitted to re-file any foreclosure action until it is prepared to produce ALL of the subject discovery.

FDN attorney Jeff Barnes, Esq. represented the borrowers, assisted by local New Jersey counsel.

W. J. Barnes, P.A. has numerous other cases pending where similar discovery requests have been sent to Deutsche Bank, none of which have been complied with to date. As such, additional requests for sanctions, including dismissal, are expected to be filed in these cases.

Deutsche Bank was also the subject of a recent ruling in a case in New York where the Court denied Deutsche Bank’s Motion for Summary Judgment, finding that a purported assignment from MERS to Deutsche Bank was defective and that Deutsche Bank, with an invalid assignment of the mortgage and note from MERS, lacked standing to foreclose. Significant in the ruling was the ...

By: willy1styles
14/08/2009
6:56 am

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Re:Are Bankers a big cause of the recess ... Reply to this message
PART 2

Significant in the ruling was the court’s observation and question as to why, 142 days after the borrower was claimed to be in default, that MERS would assign a “toxic” loan to Deutsche Bank. The court also required a satisfactory explanation, by sworn Affidavit, from an officer of the securitized trust as to why, in the middle of “our national subprime mortgage financial crisis”, Deutsche Bank would purchase from MERS, as alleged “nominee”, a nonperforming loan. The court further inquired as to whether Deutsche Bank violated a corporate fiduciary duty to the note holders of the securitized mortgage loan trust with the purchase of a loan that had defaulted 142 days prior to its assignment from MERS to the trust.

It appears that Deutsche Bank may have done so to take advantage of one or more “credit enhancements” inside of the securitized mortgage loan trust which pay benefits upon declaration of default. These credit enhancements are extremely complicated and multi-layered, and are required by law in connection with the issuance and sale of the mortgage-backed securities “backed” by the trust.

The assignment of the mortgage and note to the securitized trust, which were already in default well in advance of the assignment, would permit Deutsche Bank to both realize a profit through payment of credit enhancement benefits (which effect a pay down of the claimed “default”) while simultaneously permitting Deutsche Bank to institute a foreclosure, resulting in a “double dip” for Deutsche Bank. This is, of course, illegal, but unless competent counsel raises the issue, it goes unnoticed and Deutsche Bank, like so many other foreclosing parties, winds up stealing the borrowers’ property and getting paid for doing it.

Jeff Barnes, Esq.

www.ForeclosureDefenseNat ionwide.com

e-mail: info@ForeclosureDefenseNa tionwide.com

UNQUOTE

ENJOY

By: vsy@xtra.co.nz
18/08/2009
6:55 pm

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Re:Are Bankers a big cause of the recess ... Reply to this message
b ankers

sounds like ?

w ankers

By: redmbrz
19/08/2009
9:50 am

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Re:Are Bankers a big cause of the recess ... Reply to this message
Clarance, I think you meant to say " What other business makes you queue to give them money " ..... when you get nothing in return and the real prospect that it will cost you more money or ruin.

By: redmbrz
19/08/2009
10:00 am

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Re:Are Bankers a big cause of the recess ... Reply to this message
Clarence, Jesus said that ??? money lenders are like harlots ? geeez, I would have said that too ! from now on when I go to the bank I'm going to say I'm going to see my Harlot ! :)

By: ros6s460
14/09/2009
7:49 pm

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Re:Are Bankers a big cause of the recess ... Reply to this message
yes they are, THE FEDERAL RESERVE

By: elalamein001
29/10/2009
4:25 am

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Re:Are Bankers a big cause of the recess ... Reply to this message
No its the apathy of their clientele
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