by empyreau

1. Has the financial market got you stressed out?
2. Has your older neighbor been dupe into a mortgage they never wanted?
3. Has your definition of conservative investing still resulted in funds being invested in high risk?

Facts:

• The mortgage industry created no income verification loans and the manipulation and fraud took off.
• The financial institutions created financial products promoting liquidity and cash equivalents.
• The federal and state government stood by and watched.

Fraud on the consumer is just wrong and should be dealt with sharply by the courts.  If the deal was fraudulent, the loan should be terminated and the investor should lose.

Individuals and organizations have the right to be angry and express to their government representative how they feel and have been effected.  So propose legislation that makes Greed a penalty too high to risk.

This entry was posted on Wednesday, April 15th, 2009 at 12:15 am and is filed under Proposal Development. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.