Watch Inside Job - The Movie

http://www.zerohedge.com/article/watch-inside-job-movie

You gotta watch it kids, to understand what they don't want you to know.


We take a few minutes from our readers' busy time, to recommend they watch the movie Inside Job, which is probably one of the best documentaries on the market crash (this is a completely unsolicited and unpaid recommendation). If nothing else (and there is much else) the key redeeming feature of the movie is the complete obliteration of any credibility that former Fed director Fred Mishkin (and rumored Larry Summers replacement) and current Columbia business school dean Glenn Hubbard may have had.

Below is the official trailer:

CNBC: How Deep Does It Go?

http://market-ticker.org/akcs-www?post=169029

MSM had you been doing your job of investigative journalism, this situation
could never have made it this far.
But you never raised one question in all of these years as to the legality in the mortgage industry's use of MERS.
The question is: Who paid you to keep your mouth shut?

HERE IT COMES FOLKS - WATCH THIS CAREFULLY, ESPECIALLY AROUND 3:30 ONWARD.

Now add to this that it is being reported that JP Morgan/Chase - one of the founders of MERS - has walked away from it. If the legs under that stool get kicked out all of the MBS trusts created using this mess are recognized as being invalid and over $6 trillion dollars of this crap, including a whole lot of Fannie and Freddie paper along with virtually all private-label MBS - all blows up at once.

No, The Fed can't contain that, and neither can the Government. Not in their wildest dreams can they put a cork in the litigation alone, say much less the rest