Financial fraud in the mortgage market 1.
Catherine Austin Fitts talks about it in 2004. As President of Solari, Inc., Catherine is currently spearheading the Solari Circles Campaign to help make healthy local living economies the best investment worldwide. Catherine previously served as Managing Director and Member of the Board of Directors of the Wall Street investment bank, Dillon, Read & Co., Inc. She also served as Assistant Secretary of Housing/Federal Housing Commissioner at HUD in the first Bush Administration, and was the President and Founder of Hamilton Securities Group, Inc., a broker-dealer/investment bank and software developer that successfully completed $12 billion of transactions and $500 billion of portfolio strategy prototyping the solari model. Catherine has a BA from the University of Pennsylvania, an MBA from The Wharton School, and studied Chinese at the Chinese University of Hong Kong. Catherine serves on the advisory board of Sanders Research Associates in London, and publishes the column Mapping the Real Deal in Scoop Media in New Zealand. www.financialsense.com www.scoop.co.nz
Comment by shafroman81301 on 12 January 2011:
@silverhawks Because the criminals that she is exposing run the governments of almost every nation in the world. So even if she got on primetime network news, no one would do anything because they’er afraid of them.
Comment by shafroman81301 on 12 January 2011:
@silverhawks Because the criminals that she is exposing run the governments of almost every nation in the world. So even if she got on primetime network news, no one would do anything because they’er afraid of them.
Comment by centurion180ad on 12 January 2011:
Al Capone or Herman Goering, were both clever guys.
Clever guys, are better known by other terms that are both accurate & descriptive.
Thief. Felon. Pirate. Gangster. War Criminal. Mafioso. Mass Murderer. Plunderer.
Comment by centurion180ad on 12 January 2011:
Ms. Fitts said, I was convinced that there was a tremendous opportunity to finance neighborhoods and places and securitize small business and small real estate income and finance in the equity markets.
She was mistaken because the mass murdering Debt Syndicate is flying around exterminating populations, pushing dope, assassinating government officials and our own military officers, to plunder the planet and launder profits of Crimes Against Humanity through HUD and corporation coffers.
Comment by BlacksAreBeautiful on 12 January 2011:
all great leaders were once great followers…there is no shame in following, but there is shame in blindly following…Not everyone is built to lead and there is no shame in that!!!
Comment by OrfeoTreshula on 12 January 2011:
….Regardless of any guilt he incurs through having incorrect ancestry, have you read him yet? All our sparing will be immaterial when you see how truly good and brilliant Byrne himself is, regardless of genetic taint. Honestly, if you see Fitts’s genius, you’ll appreciate Patrick Byrne as well.
If I may philosphize (the gall!), our principles should be based upon our experiences, which of all things are the most trustworth base for making judgments. Experience Byrne first, then….
Comment by OrfeoTreshula on 12 January 2011:
Guilt by association, silverhawks? Byrne’s dad, not Byrne, worked for Buffet. Then again,
However, in defense (defense?) of Buffet: Who said he was a saint? He’s a winner. Whether he is good is not the issue– he is part of a circle of men who understand quite well what is going on. Don’t think I’m saying any of them are good, I’m saying they are clever clever men, and quite connected. Not an unhandy thing in finance or politics, eh?
But regardless….
Comment by silverhawks on 12 January 2011:
Why exactly has this lady not been widely publicized due to her credentials on this matter???
Comment by silverhawks on 12 January 2011:
Warren Buffett?The person who is saying that the Obama administration is making all the right decisions, while openly profiting from the collapse of the economy? Buffett is a racketeer.
Comment by OrfeoTreshula on 12 January 2011:
Very true. You should add Patrick Byrne of Overstock to your list. His dad worked for Buffet.
I took a look at your Channel; you post good music. I’m listening to some now!
Comment by szatmar666 on 12 January 2011:
Well, I agree with much of that with the caveat that not everyone can be a leader because someone has to do real work too
what we need is better leaders. I think corporate america as well as the political process offers great leadership examples. I would point to Barack Obama or Ron Paul on the political side, regardless if you agree with them or not they are great leaders. Warren Buffet or Eric Schmidt on the corporate side also good examples. We should listen what they have to say too.
Comment by OrfeoTreshula on 12 January 2011:
Uzijohn,
We’re not doomed. They’re doomed. To some, this looks like too many followers, and not enough leaders. From my perspective, I don’t mind if we have a leader deficit– I’m a leader! Makes us more valuable! So I simply ask: Are you a leader or a follower? It kind of socks to be the one right now, but the field is wide open for the other. Let’s stop birching and start doing what the Lady recommends, learn how to help out your family and/or friends. Then you all can help others!
Comment by hiphaup on 12 January 2011:
You want scarey? The singer Beyonce has a video with 21 million plus hits in only 2 months! We don’t deserve a Catherine Fitts. Ugh!
Comment by uzijohn on 12 January 2011:
In our current economic state you’d think people might be looking for answers?
These videos have been out for almost half a year with no comments and few viewers, most people drop off after the 2nd video
Shame! Video 4 from 7:00-9:30 predicted the problems, failure and dismal solution to Fannie & Freddie three years before it took place
Pondering the number of viewers, I searched Homer Simpson as a test, the first video I picked had 4 million viewers in 3 months, FACE IT WERE DOOMED!