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debsty

debsty
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  • Big banks get hit with CDS lawsuit [View news story]
    The only way this will stop is to do a big sweep . All of them need to be shut down. Go back to savings and loans and invest in hometown banks. This abuse will never end as long as these banks are in business.
    Sep 5, 2014. 08:41 AM | 5 Likes Like |Link to Comment
  • JPMorgan To Sell Its $1.3 Billion Loan Portfolio [View article]
    People need to be weary of JP/Chase selling off anything without due diligence , a good example would of been the old Wamu Credit Cards pro-folio. A majority of these cards were paid in full when WAMU was in operation. The constant harassment of these fly by night hedge funds recovery units need to be investigated along with JP?Chase paperwork. Again, to much fraud is being sold and people who have already paid these are needlessly being harassed.
    Aug 6, 2014. 09:57 AM | 1 Like Like |Link to Comment
  • JPMorgan sued by Miami over mortgage discrimination [View news story]
    Your all wrong. JP/Chase needs to show the paperwork and the Washington Mutual loans as well. Many of you I am sure here are bankers , but what you don't know is the fraud that perpetrated many home owners and investors. First they owned the loans and tormented the home owners and than they didn't own the loans and hedge funds show up after second mortgages were written off as satisfied . JP/Chase should be forced to show everything.
    Jul 28, 2014. 08:24 AM | Likes Like |Link to Comment
  • The EU logs antitrust charges against Markit, the ISDA and 13 banks for blocking exchanges in the credit derivatives business. "The banks acted collectively to shut out exchanges from the market because they feared that exchange trading would have reduced their revenues." Banks charged: BAC, BCS, C, MS, CS, DB, GS, HBC, JPM, RBS, UBS, BNPQY.PK[View news story]
    Federal indictments need to come down, this is now gone on long enough. They should all be jailed, and people should get their homes bought and paid for. After the tax bailouts, and the rest of the abuse, all these homes are bought and paid for by the people of this country.
    Jul 30, 2013. 12:25 PM | Likes Like |Link to Comment
  • Why REITs Could Be The Most Dangerous Income Investment [View article]
    http://bit.ly/1aWPv69 wrong
    Jun 29, 2013. 10:23 AM | Likes Like |Link to Comment
  • San Francisco based Union Bank, a unit of Japan's Mitsubishi UFJ Financial Group (MTU), has agreed to acquire a portfolio of $3.7B in U.S. real-estate loans from Deutsche Bank (DB) subsidiary PB Capital. The acquisition is part of MUFG's strategy to expand overseas to offset anemic demand in Japan even as European banks sell assets in order to meet tighter capital regulations. (PR[View news story]
    This is a bad idea and No more United States business should be sold to overseas corportaions.
    Apr 8, 2013. 06:59 AM | Likes Like |Link to Comment
  • Deutsche Bank Appointed as Depositary Bank for the Sponsored Level I American Depositary Receipt Program of JSL S.A. [View article]
    May God help them with Deutsche Bank watching over them.
    Apr 5, 2013. 07:07 AM | Likes Like |Link to Comment
  • Broken Product Count Jumps To 39 With Deutsche Bank ETN Creation Suspensions [View article]
    You never delt with DB have you Rick. Their good at hiding fraud.
    Apr 4, 2013. 02:26 PM | Likes Like |Link to Comment
  • Germany's Bundesbank and financial watchdog Bafin are reportedly investigating Deutsche Bank (DB) over allegations by former employees that it hid up to $12B in losses during the financial crisis by incorrectly valuing credit derivatives. Deutsche Bank has denied the claims, with CFO Stefan Krause saying in December that after reporting them to the SEC, the agency had not brought an enforcement action. [View news story]
    Oh you mean how they supposedly claimed to own notes they didn't own and foreclosed on? Than turned around and sold the fraud to private hedge funds? Fraud is Fraud DB and your up to your neck in it. I hope this bank gets the same as Washington Mutual who Deutsche Bank stole the notes they held in custody for Washington Mutual and Long Beach, from. Thousands of homes were stolen by this bank in fraud, in this country. The SEC needs to finally do its job concerning this bank and it needs to be held accountable and also banned from working in this country.
    Apr 4, 2013. 09:32 AM | Likes Like |Link to Comment
  • S&P says it may downgrade Deutsche Bank (DB) following the firm's downward revision to last year's profit. S&P predicts legal and regulatory woes will continue to plague the bank and notes DB's capitalization remains below that of its peer group.  [View news story]
    They bundled fraud. They bought foreclosed notes in 2006-2008 and used them as new in MortgageIt and than got paid for them by the insurance when in fact they were already foreclosed notes.This bank is built on fraud. I can't wait till the day this bank is dust.
    Mar 26, 2013. 05:38 PM | Likes Like |Link to Comment
  • Freddie Mac (FMCC.OB) has sued Bank of America (BAC) JPMorgan (JPM), Citigroup (C) and 12 other major banks for losses caused by the manipulation of the Libor rate. Freddie, which invested in mortgage bonds and swaps tied to U.S. dollar Libor, is seeking a whole gamut of damages for what it sees as fraud, antitrust violations and breach of contract. The FHFA has already calculated that Freddie and Fannie Mae lost $3B in total because of the Libor manipulation. [View news story]
    Well you have got to love all this. Banks devouring each other and the investors and homeowners took the blunt of their abuses and fraud. PRICELESS. I'm sorry, but personally I hope the whole lot of them swallow themselves up and fade away. We need to go back to the basis , you apply for a home at a local home town bank or credit union, you get your home, and they sign your land records. You go to the bank and make your payments and know who owns your loan. No more servicers or private investors , or this other nonsense. A cease and desist needs to be put in place, that mortgage loans are no longer allowed to be traded as playing cards on Wall Street. Its time to take our lives and homes back from the predators who can't even play nice with each other. When it comes down to they perpetrate fraud on each other, you have to stop and ask yourself, why we haven't closed them all down .
    Mar 20, 2013. 09:57 AM | 4 Likes Like |Link to Comment
  • Wells Fargo's Assets Sale Begs Some Questions [View article]
    Goldman is also involved in Archbay.. so is Deutsche Bank. Also Among 3 Arch’s clients was Countrywide. The former service provider has now become a principal investor. Arch Bay earlier this year reportedly purchased $600 million worth of non-performing loans from Wells Fargo. Industry sources said some of Arch Bay's financing comes from a special fund controlled by
    partners at Goldman Sachs.
    One lender in the Southern California market said he has heard of Arch Bay's plans, but
    questioned its timing. "They're getting in at a time when fundings are shrinking," he said. www.scribd.com/doc/300...

    What is real concerning is this is a LLC, which could be a front for banks. I have seen on the net where alot of these junk mortgages were trustee owned by Deutsche Bank and is now trustee for archbay.. can anyone say PONZI??
    Aug 6, 2011. 01:06 PM | Likes Like |Link to Comment
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