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Zoom-Zoom-Away

10/26/09 8:39 PM

#216078 RE: Zoom-Zoom-Away #216077

JPM-GS-financial canabalism to steal the future.

Zoom-Zoom-Away

10/26/09 8:44 PM

#216079 RE: Zoom-Zoom-Away #216077

HOW Banksters stole OUR FUTURE>

Look under the HOOD of a Derivative= a bunch of mortgages sliced and packaged together+HIDDEN FEES

1. Used Math Models to Project Housing Hyper-Inflation 2003-2006 forward TEN+Years.

2. Add Projected Growth in Fees to Cost of Derivatives-Capturing FUTURE GAINS.

3. SKIM off FEES into Executive/Employee Incomes!

4. Sell FEE Laden High Risk Derivatives as Fake Rated "AAA" Low Risk paper.

Derivative begin life at say 50% of FACE VALUE (projected hyper-inflated future value)

Reason Derivatives are worth Near ZERO after housing dropped less than 50%.

Derivatives should be worth 50% but NO! NEAR ZERO!

Simple Models to STEAL AMERICA'S FUTURE resulted in Hidden “Off-Balance-Sheet” Toxic Derivatives according to 0ffice of Comptroller of Currency, 0CC, quarterly Report:

1 JPM0RGAN $81TRILLION in Toxic Derivatives
2 BofA $78TRILLION
3 G0LDMAN $48TRILLION
4 M0RGAN $39TRILLION
5 C1T1GROUP $32TRILLION

http://www.occ.gov/ftp/release/2009-72a.pdf
Page23!


1984ISHERE

10/26/09 8:49 PM

#216080 RE: Zoom-Zoom-Away #216077

Wow Great Post~