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BFCSA investigates fraud involving lenders, spruikers and financial planners worldwide.  Full Doc, Low Doc, No Doc loans, Lines of Credit and Buffer loans appear to be normal profit making financial products, however, these loans are set to implode within seven years.  For the past two decades, Ms Brailey, President of BFCSA (Inc), has been a tireless campaigner, championing the cause of older and low income people around the Globe who have fallen victim to banking and finance scams.  She has found that people of all ages are being targeted by Bankers offering faulty lending products. BFCSA warn that anyone who has signed up for one of these financial products, is in grave danger of losing their home.

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Latvia - same problem with Banksters: UTube

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My friend in Latvia sent me this today. Quite interesting, well I thought so. What y'allthink?

http://www.youtube.com/watch?v=gN6z7urunf0&feature=related

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Comments

  • doyla66
    doyla66 Saturday, 25 August 2012

    That's great, Geoff!

    I hope someone makes one for the Australian situation as well.

    Seeing it like that makes sense.

    Thanks again. :)

  • doyla66
    doyla66 Saturday, 25 August 2012

    You are welcome Lisa

    You are VERY welcome Lisa. It seemed relevant to Australia as bankers are bankers are bankers are bankers, if you get my drift. A banker, by any other name, will still smell just the same

  • doyla66
    doyla66 Saturday, 25 August 2012

    Excellant thanks Geoff. Well worth a look guys for simple plain English explanation of money-go-round and GFC.

  • doyla66
    doyla66 Saturday, 25 August 2012

    Prime Mortgage - as explained in 2007 by two British Comedians

    Graham McAulay has run a Westpoint Investors Group site for years.
    I recommend it for anyone wanting more information on ASIC failures.
    Further to the Prime Mortgage issues and the GFC, this link is from Graham's site, with many thanks for his research and diligence over the years.
    http://www.westpointinvestorsgroup.com/Cartoons/Data/PrimeMortgage_2.html

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