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Strategies & Market Trends : Anthony@Pacific & TRUTHSEEKER Expose Crims & Scammers!!! -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (4247)	5/15/2007 12:43:48 PM
From: ravenseye	Respond to of 5673

the questions i asked were simple, but you avoided both of them. what is dumb is for someone to pose as a mortgage broker that isn't registered in nj as one! lma(zz)o

To: StockDung who wrote (4247)	5/16/2007 12:09:57 AM
From: ravenseye	Respond to of 5673

uh flo, who do you think came to mind when reading the following? lma(zz)o this should get interesting! Ohio AG seeks Wall St. tie to subprime fraud Tue May 15, 2007 6:14pm ET By Tim McLaughlin NEW YORK, May 15 (Reuters) - Ohio's attorney general said on Tuesday he won't hesitate to file civil racketeering charges against Wall Street investment banks if his investigation finds they had a hand in fraudulent subprime lending.... read the whole article @ today.reuters.com ..."We're going to try to find a way to hold them accountable," Dann said. Wall Street investment banks played a key role in funding lenders who provide high-cost, risky mortgages to people with weak credit. They raise capital by packaging pools of mortgages into securities that are typically sold to pension funds, hedge funds and overseas investors. That process, called securitization, flooded the subprime market with capital. Wall Street pulled back, however, when late payments escalated, forcing a number of subprime lenders out of business....