Tag Archive for Mafia

Shiller Goes Off The Deep End- Wants to condemn millions of US guaranteed mortgages from the bankster mafia

Robert Shiller has finally gone off the deep end. He wants to condemn millions of US guaranteed mortgages from the bankster mafia. Shiller: My colleague Karl Case and I showed in 1996 that when the value of a home falls below the value of the mortgage debt — when it is underwater — a person…

Italy money laundering reports skyrocket: central bank | Reuters

(Reuters) – Italy’s worst economic crisis since World War Two has been a boon to the country’s mafia organizations with reports of suspicious bank transactions rocketing, the Bank of Italy said on Wednesday. Reports of suspected money laundering through financial institutions rose 147 percent in 2010-11 from the previous two years “and they are still…

If The Guilty (Mortgage Mafia) Are Never Punished, Housing Will Never Recover

The following is the executive summary of the Wall Street Examiner Professional Edition Housing Update. The complete report with illustrative charts and analysis is available to subscribers here. Housing data continues to be mixed. Lagging closed sales data shows prices still declining. However, the most current sales data represents January closings, which were mostly sales…