GLOBAL SUB-PRIME CRISIS

BANKILEAKS

Click on our Secret Library of Evidence ------>

    BANKILEAKS Secret Library

Loan Application Forms (LAF's)  

    Bank Emails to Brokers  

    Then Click on 'VIEW NOTEBOOK'

Join us on facebook
 

facebook3           facebook2 

BFCSA
MORTGAGE
DISTRESS SOS

What BFCSA Does...

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.

Visitors

Articles View Hits
719335

Whistleblowers' Corner!

To all mortgage brokers, BDMs and loan approval officers! 
Pls Call Denise: 0401 642 344 

"Confidentiality is assured."

Cartoon Corner

Lighten your load today and "Laugh all the way to the bank!"

BFCSA Blog

Led by award-winning consumer advocate Denise Brailey, BFCSA (Inc) are a group of people who are concerned about the appalling growth of Loan Fraud around the world. BFCSA (Inc) is a not for profit organisation in the spirit of global community concern and justice.

Click on the Cluster Map.

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Login
    Login Login form
Subscribe to this list via RSS Blog posts tagged in Fed Treasurer Joe Hockey
Keane: govt hoisted by its own FOFA petard BERNARD KEANE Crikey politics editor |  EMAIL   |  COMMENT         ARTHUR SINODINOS, FINANCIAL PLANNING, FOFA, JACQUI LAMBIE, MATHIAS CORMANN, NICK XENOPHONE, RICKY MUIR, SAM DASTYARI   The failure of the government's long-running attempt to repeal the Future of Financial Advice laws has its genesis as much in decisions made at the end of 2013 as in Senator Jacqui Lambie's departure from the Palmer United Party and Labor's doggedness in pursuit of the outcome it achieved yesterday evening. Right before Christmas last year, then-assistant treasurer Arthur Sinodinos snuck out the government's planned gutting of FOFA, intended to deliver on the Coalition's commitments to the big banks and AMP, which control retail superannuation, and the diminishing but still powerful segment of the financial planning industry that relies on conflicted remuneration. Key to Sinodinos' strategy was doing as much of the gutting as possible by...
Last modified on
Hits: 1477 0 Comments
Rate this blog entry:
0
Continue reading
The Bankers are at the coalface of DEBENTURE PONZI SCAMS too.  Better have a look there - again!!!!!!!   Here is a TIP: The Banks' developer clients were building too many units and there was a BIG glut.  Banks had to teach brokers to become BIG TIME developers with aid of lawyer.   Most brokers never got passed the land bit and were left in bankruptcy after Bank Cartel seduced them with low cost loans that became HIGH COST death traps.  Sound familiar?  Even Al Capone had an attorney!  Bank had no liability they said (lies of course) and Peter you and your mates at ASIC sided with the Banking Cartel from 1998 onwards. But developers that rose to the occasions were greedy morons running PONZI's but then we had the DISTRESSED PROPERTY SYNDROME.  Bankers encouraged the use of their prized broker channel to target ARIPs (Pensioners) who had no financial experience, but YOU permitted Bankers and developer Ponzites to label them SOPHISTICATED and then you...
Last modified on
Recent comment in this post - Show all comments
  • kddeed
    kddeed says #
    Yep same story played over and over again. Wish to hell we'd never entered this banking and finance minefield!!!
Hits: 1804 1 Comment
Rate this blog entry:
Continue reading
Joe Hockey's former adviser Tony Pearson goes in to bat for the banks James Eyers September 01, 2014 Tony Pearson is set to join the banking industry's peak lobby group. Photo: Aaron Brown NAB in need of a 'deck scrubbing' One of Federal Treasurer Joe Hockey's senior advisers has been snapped up by the lobby group for the banking industry as it battles recommendations from the financial services inquiry. The Australian Bankers' Association on Monday announced four new appointments that it hopes will improve its lobbying efforts in Canberra including economist Tony Pearson, who for the past five years has been a senior adviser to Mr Hockey. He joined the ABA on Monday as executive director of industry policy. He will be joined by Aidan O'Shaughnessy, who will become the ABA's policy director of industry policy from Tuesday after moving across from the Australian Securities and Investments Commission. Christine Cupitt, who has most...
Last modified on
Recent Comments - Show all comments
  • organza
    organza says #
    The clue re how they operate is all revealed in the Tom Cruise movie The Firm. All you need do is substitute mafia with bankers a
  • Duped
    Duped says #
    We've said it before about this close knit club and how they move from each organisation. Conflict of interest everywhere. Club Ca
  • setup
    setup says #
    How about that, a well knit cosy club for the boys - birds of a feather will always stick together. What an amazing piece of news
  • Denise
    Denise says #
    Like Rats up a Drain Pipe!! Will you be helping with the shredding of client docs Tony? OK so the ABA will need all the help they
Hits: 2221 4 Comments
Rate this blog entry:
Continue reading
Good onya Joe - blame the consumers for being spruiked with bad financial strategies into unaffordable LIAR LOW DOC LOANS by GREEDY bankers using fraud, forgery, and buffer loans to mask unaffordability on a grand scale.  Yes indeed, cover up for the banker wankers - that'l work!  It will go down a  treat with the aggrieved consumers who are about to be thrown into the streets when four years ago they owned their own homes and no debt. You then say to them: "why don;t you manage your budget?"   Are you seriously embracing political suicide Joe? Question Mr Treasurer:  "Did you receive 2% loans by any chance?"  The plot deepens. http://www.lawchat.com.au/wp-content/uploads/2014/08/Hockey-ABC-interview-cars.pdf  .................PRESENTER: You’re listening to Treasurer Joe Hockey on 612 ABC Brisbane Mornings. Moving on, away from the Budget discussion. Yesterday we heard about some of the big banks facing the country’s biggest class action aimed at recouping hundreds of millions of dollars in unfair late fees...
Last modified on
Recent Comments - Show all comments
  • setup
    setup says #
    Joe Hockey has no sympathy for the vicims of banking crime. That's plain to see. He has the "i'm alright Jack too bad about you"at
  • Denise
    Denise says #
    How many houses do you own Joe? Are they all mortgaged up to the eyeballs? Watch for the Bubble bursters Joe. Did you receive 2
  • Aries
    Aries says #
    Hockey know full well all about this fraud.
  • NABbed Nanna
    NABbed Nanna says #
    Mr. Hockey must have his head in the sand and his ears stuffed with cotton wool. He is not listening, he is turning the tides on u
  • Aries
    Aries says #
    Joe Hockey would know about the forgery and tampering of the loan documents. He was just glad the presenter didn't bring it up. D
Hits: 2213 6 Comments
Rate this blog entry:
Continue reading
To:  Federal Treasurer Hon. Joe Hockey and Minister for Finance Sen. Mathias Cormann,  What are you prepared to fork out for aggrieved Older Australians caught in:- a) Retiree Bad Banking Advice and Strategies from Banker Engineered scams =  LOSSES of retirement funds? b) Pensioners and low income families - victims of Low Doc Mortgage  Lending scandal = LOSS OF HOMES? When is the inevitable ROYAL COMMISSION INTO BANKING products and services and superannuation scams likely to start please? http://policiesandregulatorycompliance.banking-business-review.com/news/bofa-offers-13bn-to-settle-residential-mortgage-disputes-170714-4319720 BofA offers $13bn to settle residential mortgage disputes BBR Staff Writer Published 17 July 2014 Bank of American (BofA) has reportedly offered to pay $13bn to the US reglators to resolve the long running defective residential-mortgage-securities sale investigations.  Sources familiar with the negotiations were quoted by The Wall Street Journal as saying that a meeting between the bank lawyers and the US Department of Justice (DoJ) aimed at settling the matter ended without any progress.  While...
Last modified on
Hits: 1794 0 Comments
Rate this blog entry:
Continue reading