Forum Post: A government regulator said in court Wednesday that roughly $600 million is missing from the books of bankrupt brokerage MF Global.
Posted 13 years ago on Nov. 2, 2011, 9:34 p.m. EST by daverao
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This is happening as OWS is happening and I hear no complaints about it. This happened inspite of new regulations by government. This is as important as $5 BOA fee.
Bono is no humanitarian. In fact, he made millions from a shady deal with Live Nation in which other investors were made to subsidize his multi-million dollar stock options regardless of market value. The stock tanked, Bono unloaded, and those 'other' investors did in fact take giant losses in part, so the filthy disgusting rich multi-hundred-millionaire 'humanitarian' Bono would not have to.
Ch'Ching!
Just another rotten immoral disgusting trick perpetrated in the name of greed.
I've said it many times and I will say it many more.
There is no such thing as a multi-millionaire humanitarian.
The ugly truth about the housing market, Countrywide, predatory lending, and the endorsements of Oprah Winfrey, Ellen Degeneres, and Dr Phil. Ch'Ching!
The first subprime loans were issued in 1994. It was a gimmick to sell more homes, artificially inflate the market, sell more homes at higher profits, foreclose on those who could not pay when the ARM rates readjusted, take their homes leaving them with nothing to show for their payments, resell the homes at a higher profit and so on. It was a cruel and calculated plan to sell more homes and artificially inflate the market. Those loans were incredibly profitable for well over a decade before the house of cards finally collapsed. In the meantime, bankers got richer along with the richest one percent who made off with higher dividends. It was a sham.
The biggest player in the game was Countrywide. Endorsed by Oprah Winfrey, Ellen Degeneres, and Dr Phil. If you have their shows from '04' to '06' on tape, watch them again. All three were paid millions specifically to endorse Countrywide by name. The biggest subprime player in the game. They issued more ARM loans than anyone else. Foreclosing on those who could not make their monthy payments when the rates suddenly went through the roof. It was a cruel and calculated plan to sell more homes, artificially inflate the market, foreclose, and resell for a higher profit. The sham worked like a charm for 12 years before the house of cards finally fell in.
Oprah, Ellen, and Dr Phil were paid millions for their endorsements. Ch'Ching!