Here is a video from June '09 (OVER A YEAR AGO???) pretty much explaining exactly what is finally coming out about "mortgate" (good one - eh?). There are quite a few blogs and videos on the intertubes now that explain what these bankers are doing and what they are getting away with. (You know -- all the bullshit we had already figured out ourselves here at blondesense through the years.)
6/11/09 -- William K. Black, the former litigation director of the Federal Home Loan Bank Board who investigated the Savings and Loan disaster of the 1980s, discusses the latest scandal in which a single bank, IndyMac, lost more money than was lost during the entire Savings and Loan crisis. He will examine the political failure behind this economic disaster, in which not only massive fraud has taken place, but a vast transfer of wealth from the poor and middle class continues as the federal government bails out the seemingly reckless, if not the criminal. Black teaches economics and law at the University of Missouri, Kansas City and is the author of The Best Way to Rob a Bank Is to Own One. (Run Time: 1 hour, 38 min.)
8/12/10 -- William K. Black on The Keiser Report
gotta luv those youtube comments:We are in the "Let them eat cake" phase...heading towards the "Off with their heads" phase.
If you're too busy today and want a fantastic 2 minute take:
Felix Salmon Explains Why Lawsuits Are Flying At Banks Who Turned Crap Into Triple AAA (Mortgage Mess TV)
The Daily Bail
WRH has a great BANKERS GONE WILD post up with lots of good linkage
I gotta wonder what false flag attack The Masters Of The Universe will cook up this time to attempt to hide this shit storm.