Saturday, October 23, 2010

The Monster: How a Gang of Predatory Lenders and Bankers Fleeced America, and Launched a Global Crisis

http://www.alternet.org/story/148577/the_monster:_how_a_gang_of_predatory_lenders_and_bankers_fleeced_america,_and_launched_a_global_crisis

I wish I could say I was making this up, unfortunately I can't.
Because this is how the "banks" rolled America, using loaded dice.
In my world it's called white collar crime, in their world as well as the governments it's called business as usual.

Exposing the major players behind the biggest financial hurricane in the history of global capitalism.



A few weeks after he started working at Ameriquest Mortgage, Mark Glover looked up from his cubicle and saw a coworker do something odd. The guy stood at his desk on the twenty-third floor of downtown Los Angeles's Union Bank Building. He placed two sheets of paper against the window. Then he used the light streaming through the window to trace something from one piece of paper to another. Somebody's signature.

Glover was new to the mortgage business. He was twenty-nine and hadn't held a steady job in years. But he wasn't stupid. He knew about financial sleight of hand -- at that time, he had a check-fraud charge hanging over his head in the L.A. courthouse a few blocks away. Watching his coworker