You would think that after the biggest financial boondoggle in history that the banks would be a little more careful. You'd be wrong! Check this out, Mortgage fraud is UP 42% in the first half of 2008"
The study found that the number of fraudulent loans issued during the first three months of 2008 skyrocketed 42% compared with the same period in 2007.The study found that the number of fraudulent loans issued during the first three months of 2008 skyrocketed 42% compared with the same period in 2007.
Huh? how can this be......
3 comments:
It easy.
The OC Register did an article on one specific transaction. The gist of it was that none of the rules have changed. Check the BMIT.http://bubbletracking.blogspot.com/2008/07/fraud-thats-beautiful-thing.html
None of the culprits have been taken out into the street and executed point blank in front of the news cameras.
A snake will only skip a meal if it thinks it will die trying to eat. If you set an example for others, they will think twice but not until then.
If we went back to this in schools, we would have less need to seek justice by extreme measures as Potus suggested.
http://www.youtube.com/watch?v=sJtaPDN1bGI&feature=related
On the other hand, it may take some gun powder and rope to get things under control again. I am sure things would quiet down in a hurry if the fruadsters were put on pikes.
Ok that was just wrong Martin. I'm a little horrified that you even found that video. Your into some kinky shat dude! I think that was a doll they were spanking though. It never even flinched. My wife jumps when I whack her with a cane (or is it the other way around....)
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