[Neidermeyer]

Since the middle 1990's the banks have been playing games with your most prized possession , your home , by selling the loan repeatedly to multiple buyers and in ways that are "not possible" when viewed through a lense called "the rule of law", they have destroyed your titled interest ,, since the crash of 2008 they have been working furiously with the FedGov to contain the damage ,, to the point where the FedGov is condoning blatant document fraud .. anything to get the foreclosures done ,, even if no plaintiff can be determined, even if nothing is owed, the banks own th legal system .. and finally an equally corrupt and powerful group is fighting back now that they are at a point where they cannot be implicated.. This is definitely going to be a battle to watch ,, personally I hope to see another parade of banksters like we had in the S&L crisis although that's unlikely ..

[Neidermeyer]

I don’t know why the link isn’t working when embedded in the post ,,, here it is ==>

http://www.blacklistednews.com/Did_the_Other_Shoe_Just_Drop%3F_Black_Rock_and_PIMCO_Sue_Banks_for_%24250_Billion/36669/0/38/38/Y/M.html

[sirchtruth]

How does a bank sell a loan “repeatedly to multiple buyers?”

[HereInTheHeartland]

Since the middle 1990’s the banks have been playing games with your most prized possession , your home , by selling the loan repeatedly to multiple buyers and in ways that are “not possible” when viewed through a lense called “the rule of law”, they have destroyed your titled interest

Wrong on many levels.No ones title interest has been destroyed for starters.

[redgolum]

For later.

[snowrip]

If they want to sue someone, they should start with Bill Clinton and the democrats who repealed Glass - Steagal.

[Doctor 2Brains]

for later

[GOPJ]

Theoretically, deposits under $250,000 are protected by FDIC deposit insurance. But the FDIC fund contains only about $47 billion – a mere 20% of the Black Rock/PIMCO damage claims. Before 2010, the FDIC could borrow from the Treasury if it ran short of money. But since the Dodd Frank Act eliminates government bailouts, the availability of Treasury funds for that purpose is now in doubt.

FDIC's great insurance if fewer than 5 banks go under...