(B)anks have routinely been lying their heads off in the rush to kick homeowners off the properties they fraudulently induced them to buy in the first place -- would pretty much clinch it.
And yet the mainstream media still by and large hasn’t connected the dots.
What we are seeing all around us are the continued effects of a vast criminal enterprise that has never been brought to account, employing a process that, as University of Texas economist James Galbraith explains, involved the equivalent of counterfeiting, laundering and fencing.
Thursday, October 21, 2010
The big story of banks defrauding their customers
Posted by Radio Bloger
Nine stories the press is underreporting -- fraud, fraud and more fraud
at 6:38 PM