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cash2go

01/29/10 11:25 AM

#643502 RE: marketmaven #643490

The FBI publicly warned, in 2004 "epidemic of mortgage fraud"

Black developed the concept of "control fraud" — frauds in which the CEO or head of state uses the entity as a "weapon." Control frauds cause greater financial losses than all other forms of property crime combined. He recently helped the World Bank develop anti-corruption initiatives and served as an expert for OFHEO in its enforcement action against Fannie Mae's former senior management.

http://www.pbs.org/moyers/journal/04032009/watch.html

No doubt this guy has a lot of pressure on him from the Deomocrats and Republicans in power. Odd, looks like the extreme left & right are trying to expose the truth.