Exposing The Continued Fraud From Our Financial Institutions

More truth behind our banks and loan modifications.

They say seeing is believing. If so, then seeing and hearing should be unforgettable. This may seem as a rather long post but what I am about to display are news clips broadcast and published by ABC News. If you want to bookmark just this post so that you can come back easily to view at your leisure simply click on the title to this post. It will then take you to a page with just this post on it so that you can easily bookmark and save it.

These are must see and hear broadcasts that continue to prove the deceit and fraud still being excersized on the already abused public.

We need a public outcry of outrage. I believe President Obama will not only listen but take action.

Congresswoman Waters attempts to initiate a loan modification.
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Taxpayers’ Billions: How Banks Are Using It
ABC News Questions Banks on How They Are Spending Bailout Money
By DANIEL ARNALL, CHARLES HERMAN, SCOTT MAYEROWITZ and ZUNAIRA ZAKI

ABC NEWS Business Unit
Jan. 16, 2009

Government Regulators Aided IndyMac Cover-Up, Maybe Others
Darrel Dochow May Not Be the Only Official Who Helped Banks Hide Financial Problems
By BRIAN ROSS, JUSTIN ROOD, and JOSEPH RHEE

Jan. 16, 2009

This one is not about banks but is there another “fleecing” company out there?
With consumption and consumer spending down, how do profits go up? My answer, you either charge more then a reasonable profit and gouge when the gouging is good. They tested the waters with $4/gallon gas and now again, prices have gone up while the price of crude has gone down. See real time crude prices = left bottom of this blog.

Exxon Mobil Sets Record With $45.2 Billion Profit
Exxon Mobil shatters US record with $45.2 billion annual profit despite year-end oil plunge
By JOHN PORRETTO AP Energy WriterHOUSTON

January 30, 2009 (AP)

More compliments of YouTube:

Obama Takes Aim CEO Spending Bonuses, Power Office (THAIN reference) Stimulus 3 Legged Stool!

<param name=”movie” value=” Thain fired! GREED: Layoffs off while he spent $1.2M on Power Office & asked $10M bonus!

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