The challenge for Ben Bernanke and the Fed governors since the 2008 bailouts has been how to deal with the backlog of fraud – not just fraudulent mortgages and fraudulent mortgage securities but the derivatives piled on top and the politics of who owns them, such as sovereign nations with nuclear arsenals, and how they feel about taking massive losses on AAA paper purchased in good faith.
Catherine Austin Fitts | QE3 – Pay Attention If You Are in the Real Estate Market | Foreclosure Fraud - Fighting Foreclosure Fraud by Sharing the Knowledge
Delves into the socioeconomic and political forces destroying our Country.
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