[LomanBill]

[Then Ferguson makes case that banks ]

 

But Roland "The Godfather of Subprime" Arnall's pirate flagship - Argent Mortgage / Ameriquest, wasn't a bank.

 

 

Banks have holdings from depositors to whom they owe a fiduciary responsibility.

 

The predators in the Shadow Banking system had neither deposits nor fiduciary responsibility.   They just had a technological firehouse they shoved up the backside of the financial industry; with which they gave the American people an a$$paper cashenima.

 

 

[Navy Patriot]

You are certainly correct, shadow banks, banks, real estate appraisers, and brokers all acted illegally. Some ethical banks, when extorted by Greenline and the Feds, did not stoop to out cheating the cheaters. Those banks, removed themselves from the home mortgage market, defeating the Marxists and remaining ethical.

The purpose of my post on this thread is to prevent misdirection of attention away from the Federal government, DemoRats and RINOs who are the primary cause that this could occur.