Menu

RealEconTV

Business news without the bullshit

Financial Crime

on a Mind-Boggling Scale

Subscribe to RealEconTV

Your e-mail address is kept absolutely private
We make it easy to unsubscribe at any time

While the News Media Snoozes

To make this as simple as possible:

1. The big banks (Bank of America, ChaseJPMorgan, Citibank, Wells Fargo etc.) and their loan servicers are openly engaging in criminal behavior on a scale so large it's almost impossible to calculate it

2. What we do know beyond a shadow of a doubt is that these banks are in fact insolvent. In other words, they have real, undeniable losses on their books that exceed their capital

Except for one thing... the government lets them lie, deny and delay and is now pumping another $600 BILLION of your money into a wild gamble they hope will be enough to jump start the economy, turn housing prices around and up, and make the hundreds of billions of real estate loans now worth ZERO worth something.

If you have money in these banks or are doing business with them, you are literally supporting organized crime.

Just thought you might like to know.

Incredible. isn't it?

For more Banking malfeasance videos, click here

See the complete catalog of
real econ tv videos

Legal disclaimer

The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.

NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.

The author may have a position in any company or security mentioned herein. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.