Monthly Archives: August 2011

The SEC exposed – Whistleblower Tells All

Darcy Flynn, a longtime attorney at the Securities and Exchange Commission has come forward to expose SEC transgressions we have all suspected. Where there is smoke, you will find fire and we suspect the SEC is a 5 alarm fire. … Continue reading

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JP Morgan – Gets away with another serious offence.

It seems Americans just do not want to send Wall Streeter’s to jail for serious offenses. JPMorgan Chase Bank is paying $88.3 million in an agreement with the Treasury Department, which says the bank violated regulations that prohibit lending money … Continue reading

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Bank of America – We really did need money!

Warren Buffet gets his way. The Bank has denied it needed to raise money yet it quickly turned around and gives Warren Buffet an absolutely fantastic deal.Warren is now the lender of last resort, he has bought $5 billion of … Continue reading

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Rating Agencies – Are you surprised? Look at Moody’s

Why is this such a surprise to many. Rating agencies are paid by the companies they rate and are therefore eager to please, the better the rating the higher the fee. Shocked? Are you awake now. The system is broken … Continue reading

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Is S&P target of Justice probe – Is it retaliation for downgrade

The Justice Department is allegedly investigating the credit rating agency Standard & Poor’s for its ratings of mortgage related securities. S&P, along with rating agencies Moody’s and Fitch, have been widely blamed for helping to inflate the housing bubble that … Continue reading

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America’s Credit Rating Cut – Why are so many shocked?

It should not be lost on anyone, with the exception of Geithner, Bernanke and Greenspan (GBG) ¬†as to why S&P cut America‘s credit rating from AAA to AA. The country relies on foreigners to funds its deficits and has been … Continue reading

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They ignore you!

Bob Basso author of “Common Sense” plays the role of Thomas Paine to ignite the fire of change in America. Patriotism and Pride for America lead Thomas Paine to help take back America! A little over the top but the … Continue reading

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