by fiercefreeleancer
February 13, 2010

from YouTube Website

Those Indymac boys were given deal by the FDIC, and borrowers were strong-armed.

This one is bit complex at times, but it’ll make your blood boil. The Feds and Wall Street bankers/financiers have combined to pass laws that not merely foreclose on people who can no longer make their mortgage payments, but to profit handsomely from the foreclosure at the taxpayers expense.


They’ve devised a scheme (law) whereby the bankers/financiers can buy foreclosed homes for a fraction of their original price, sell the homes for less than their purchase price, but are still guaranteed to make a fat profit.


This is government as gangsters...






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