InvestorsHub Logo
Followers 5
Posts 537
Boards Moderated 0
Alias Born 05/26/2010

Re: linda1 post# 6278

Monday, 01/23/2012 4:39:23 PM

Monday, January 23, 2012 4:39:23 PM

Post# of 8307
This took place in THJMFW court in early-mid 2011. Preliminaries to the trial that took place in Sept 2011.

both sides presented their case and it was nearly over when the Judge asked whether anyone wants to add anything to the case. Some a*shole got up from the FDIC and yelled out his position that sounded like "we own this case and no one is going to take it away from us. We are the Government and we control the world". Of course, that is not what he said but it sounded like it. He then sat down and never opened his mouth again.

Judge Block soundly rebuked the Gov't for its handling of the DIME case and pointedly lectured the FDIC on its gangster-like approach to law.

PS The FDIC is a loose cannon and claims that it has super-governmental powers to do anything it damn wishes. Apparently Congress gave them the widest latitude to take liberties with the banks.If it likes you, you get the world on a stick. If they hate you, you can do no right. It is a stand-alone Gestapo of the financial world, except for the Controller of the Currency, the FED and JPM.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.