Bill Black on Criminal charges against Abacus Bank for Mortgage Fraud

To this date there has not been anything
that would pass for a real criminal investigation
of any of the larges entities
whose fraud drove this crisis.”

“Let’s call’em for what they really are:
Systemicly DANGEROUS institutions.”

“We had never figured out that the way to financial stability
was to leave fraudulent CEOs
in charge of the largest banks in the world.”

William K. Black,
Professor, Missouri University, Kansas City

Abacus Bank Indicted for Mortgage Fraud; More Prosecutions to Come?

June 8 (Bloomberg Law) — Last week Manhattan DA Cy Vance filed charges against Abacus Bank and 19 former employees for committing mortgage fraud. Does this mean more prosecutions of other banks for crimes committed prior to the housing crisis? Continue reading

The second American revolution has begun

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“Nearly everything around you is a criminal operation. The banks openly steal your homes while laundering money for global drug lords. The U.S. government runs illegal guns into Mexico while allowing cocaine and heroin back into the USA to be sold at pumped-up black market prices. The mainstream media broadcasts outright lies and complete fabrications as if they were fact. Much of modern medical “science” is complete quackery or fiction, funded by corporations for the purpose of expanding corporate power.” 
Mike Adams, Editor of NaturalNews.com

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