Thursday, February 19, 2015

Since the social and economic crisis in America Custom disaster: a growing number of cities or the

Banking scams | Intermagazin
Banking "car", "JP Morgan" with 18 other banks accused heathfield vets of selling bad mortgage loans Fannie Me (Fannie Mae) and Freddie Maku (Freddie Mac) without disclosing the risks to their clients. This is the "JP Morgan" (JPM) completed its evident questionable business reputation with previous investigations heathfield vets and accusations over scandals that range from: wheeling and dealing with Libor, fraud with the prices of energy consumed. So this banking international corporations under the parallel civil and criminal investigations due to speculation that measured heathfield vets in billions of dollars in damage caused to clients.
Furthermore, it is the same banking giant who was under investigation by a FERC (Federal Energy Regulatory Commission) independent agency that regulates the interstate transmission of energy, oil and natural gas, and that on this occasion found eight different manipulative strategies used by the JPM period between 2010 and 2011 used "scheme", to remind, have led to a rise in electricity prices because the alleged manipulation paid "tens of millions of dollars heathfield vets above the market price" for electricity. FERC announced heathfield vets their findings and all the opportunities that the amicable settlement JPM cost several hundred million dollars in order to avoid a very nasty lawsuit.
American company that deals with mortgages Freddie Mac claims to have suffered damage of more than three billion US dollars in the period 2007-2010 due to banking manipulation of Libor. So the company is suing for more than ten banks, including Bank of America, JP Morgan (JP Morgan Chase), UBS, Citigroup (Citigroup), Royal Bank of Scotland (RBS), Credit Suisse (Credit Suisse) for fixing the low LIBOR dollar in order to "hide their institutions and financial problems as well as obtain yourself a profit." Manipulate Libor fall into one of the biggest scandals that hit the corporate financial world. From the amount, how much more difficult global fraud that was read in loans and all products related to Libor as well as for tuning loan installment "in accordance with the business policy of the bank," we believe that to everyone dizzy. However, the processes that are running, jogging, the tip of the iceberg that will eventually discover who is behind the global financial and economic crisis, which in its consequences is reminiscent of the ruins after World War II. After all, liberal world trading caused the catastrophe of the First and Second World War. All the opportunities that the Third (which heathfield vets is, obviously, heathfield vets in the course) says the same (neo) liberal world. This time does not wage war on classical way recognizable heathfield vets to the world's clashes in the near or distant history, but the Sacrament of Penance in many ways and on many levels.
Since the social and economic crisis in America Custom disaster: a growing number of cities or the bankrupt or is facing bankruptcy, millions of people out of work in perspective homeless, heathfield vets the United States have formed a working group which was to determine who was responsible for the collapse of their economy and way passed several laws and measures heathfield vets that are aimed to protect home owners and other taxpayers of the growing crisis. Thus, the presented program HAMP (Home Affordable Modification Program), which is aimed at people heathfield vets who own apartments and houses mortgaged facilitate the modification of the loan, repayment of war to sačuvalikrov overhead. The goal of human or in circumstances where the banking business ethics boils down to greed and usury, which is monitored, was sentenced to propast.Tako Attorney General of New York Erik Šnajdermen "folded" Tobacco and sued Wells Fargo and Bank of America for violating commitments from NMS (National Mortgage Settlement) "Wells Fargo and Bank of America flagrantly violating obligations and so hundreds of homeowners in New York led to the" heathfield vets loss homeless, said state prosecutor. When asked how they mentioned banks operated, they found the first journalists ProPublike (ProPublica) who came to knowledge that the supervisors in the branches of the Bank of America across the United States encouraged employees to regularly refuse requests for modification of the loan without any further this reason. This was followed by an investigation in one of the testimony given under oath, a former officer of the Bank of America, said that he was sent out in 1500 to refuse requests without any valid reason "In order to justify refusal of the employees are inventing reasons, saying (for example) that the home owner has never filed necessary documents, and in fact is, "he said in a written statement William Wilson former employee of the bank.
Simon Gordon, also a worker pomente heathfield vets Bank stated that: "we were told to lie to customers and argue that the bank never received the documents sought." It is also stated in his testimony that the employees said that the receipt of requests opened a "can of worms" and that all those who provide customers managed to close the accounts and so trigger the mortgage, the bank gave bonuses heathfield vets at $ 500, as well as a variety of value-congratulations ... Soon they opened the door ajar

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