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To: Jeff Jordan who wrote (415776)6/29/2011 6:58:29 AM
From: Jeff Jordan  Respond to of 436259
 
GREEN SHOOTS ECONOMY..............Dollar, overhang?... LOL, Coining Hyper-Hyperinflation?
Thugs, and inside back biting among tax cheats and liars against international puppeteers<g>

LOL......Sometimes, you have to break a few eggs to make an omelet?.

....."if, one hand doesn't wash the other, you have dirty hands" ~ Confuzicus Maximus 20,000 BC<g>

June 29, 2011
>>>Bank of America Corp. is close to finalizing a deal to pay $8.5 billion to settle claims by a group of blue-chip investors that the bank sold them poor-quality mortgage-backed securities that went sour when the housing market tanked,

bank was continuing talks late Tuesday with the group, which includes the Federal Reserve Bank of New York, Pimco Investment Management, the world's largest bondholder, and Blackrock Financial Management.

The deal comes eight months after the group fired off a letter to Bank of America demanding that it repurchase $47 billion in mortgages that its Countrywide unit sold to them in the form of bonds. The investors have argued that Countrywide's practice of modifying loans found to have faulty paperwork or those written outside of normal underwriting standards breached signed agreements with the investors.<<<
finance.yahoo.com

youtube.com



Poor Ben Bernank....between a rock hard place and a hard place of paper crooks<g>

youtube.com
....meanwhile, you and me pay the price of their crimes and usury? Just men FED to lions and robbed blind at every turn for our honest hard labor?