Wall Street Racketeering

YouTube post ^

[balzac]

https://observer.com/2016/06/did-fbi-and-justice-dept-enable-puerto-ricos-financial-meltdown/

I am CEO of Commercial Solar Power, Inc., a company that was reportedly forced into bankruptcy by what has been described as the “bizarre behavior” of the Puerto Rico Electric Power Authority (PREPA), which has been used to redirect as much as $100 million a year from the people of Puerto Rico to select government officials.

On February 24, 2015, a private lawsuit was filed using the Racketeer Influenced and Corrupt Organizations Act (RICO), claiming government officials at PREPA stole over one billion dollars in public money over 10 years and committed one of the largest municipal bond frauds in United States history.

Increasing municipal bond defaults have been a growing concern among investors and politicians over the past few years. With the pending defaults on almost $70 billion dollars in municipal debt issued by various Puerto Rico municipalities, the Securities and Exchange Commission (SEC) has reportedly increased its efforts to monitor this sector.

As I understand from confidential sources, SEC audits have uncovered material irregularities relating to the issuance of unjustified credit ratings by Fitch Group, Inc., “a global leader in credit ratings and research,” according to its website. My confidential source has indicated that the initial probe will focus on bonds issued by Puerto Rico’s largest utility company PREPA.

However, Daniel Noonan, global head of communications at Fitch Group, stated in an email, “We have no knowledge of any of the investigations” alleged.

It has also been alleged that law enforcement authorities in Puerto Rico stood by and did nothing for a number of years—an assertion that was substantiated by a phone call originating in Alexandria, Virginia. Some months ago, I received a call from a man stating he worked for the U.S. government, inferring he was with the Central Intelligence Agency (CIA).

[balzac]

With a background in the generation industry, I was looking for information regarding the needs in Puerto Rico when this amazing bit of information surfaced.

I realize an hour is a long time but, trust me, if you're familiar with the underpinnings of the "home mortgage crisis" lies that led to the 2009 bubble, the resemblance between that occurrence and the BOND MARKET bubble are frighteningly similar.

The second 1/2 of the video uses the facts presented in the first portion to describe the fraud and racketeering engaged in by Obama's acolytes and the current efforts by the swamp to hush it up by both sides.

I thought it an excellent primer on how to conduct fraud analogous to having a mortgage banker explain how to bribe judges via home equity lines (nobody keeps a record of WHO paid them off - just walk in and pay it down, not even a campaign contribution to tie it together).

[wastoute]

Who was the genius that handed $100 million to what is actually a Latin American country? It would guess somebody with either 1) NO experience at all with Latin American culture or someone who 2) has a bank account in the Cayman’s.

[qaz123]

3) Democrats that need the votes and the PR politicians make sure the vote tally’s go that way.

Giving PR a nickel is no different than this country giving money to any entity in the Middle East, Africa, Mexico, Central & South America. Most, if not all, will be stolen. Those that stole it will move someplace and live a very comfortable life, while the people starve and then find a way to invade the USA, via the Southern Border.

[minnesota_bound]

redirect as much as $100 million a year from the people of Puerto Rico to select government officials.

I bet somewhere the clintons are involved as they are in Haiti.

[qaz123]

Noooooooooo ..... Kiddin’ me. They’re the most honest and ethical family on the planet.

I’m not a Ivanka Trump hater, I do think she should move back to NYC, with her husband and let the man work.

But, don’t you find it interesting that both Ivanka and chelsea married guys whose fathers are convicted felons for all sorts of financial crimes?

[balzac]

My reply is meant for the board at large. Nobody looked at the video apparently. The second 1/2 of which provides direct evidence and links thereto implicating Speaker Ryan, Chuck Schumer, and a host of other swamp inhabitants. Most distressing of all is this is ALL PUBLIC record and nobody, not the FBI, SEC, AG, or others will initiate any criminal investigation. Obama’s PROMESA board is actively covering the trail so the whole thing will “Go away!”.

Because nobody will spend a few minutes to understand:

1) WHO was involved and at what levels
2) That this is the tip of the MUNICIPAL BOND BOMB ticking away like the 2008 mortgage fraud
3) It would be an INCREDIBLE benefit were Trump to direct an investigation into it - it’d lay open the wall street/congress connections and move the latin vote into his camp at the expense of the swamp and rats.