Foreclosure Scandal Exposes Systemic Derivatives Fraud | WHAT REALLY HAPPENED

Foreclosure Scandal Exposes Systemic Derivatives Fraud

The banks, for their part, are covering up this scandal as fast as they can, and with the help of compliant media such as the New York Times and Washington Post, are attempting to cast it as a story of "shoddy paperwork by low-level nobodies," whose errors are now "jeopardizing the fragile recovery." In effect, these bankers are brazenly threatening us yet again—even as they destroy the nation trying to bail them out. "Stop us from taking what we want," they're saying, "and we'll make you pay." What unmitigated gall!

Well, we've got a hot news flash for these arrogant bastards: You are already way beyond bankrupt, the economy is already collapsing, and we are through capitulating to your suicidal demands. This time, we're going to shut your derivatives market down, and save ourselves. Enough is enough!

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