GLOBAL SUB-PRIME CRISIS

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BFCSA
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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.

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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.

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Budget cuts spark fears of muzzled watchdogs Business Date November 15, 2014 Georgia Wilkins http://www.theage.com.au/business/budget-cuts-spark-fears-of-muzzled-watchdogs-20141114-11fwc5.html It was nine years ago that former Australian Securities and Investments Commission lawyer James Wheeldon walked away from the corporate watchdog, disappointed by what he said was a too-cosy relationship between the regulator and the big end of town. In the near-decade since, he's watched the regulator cop harsh criticism as retail investors lost billions of dollars from a string of corporate and investment collapses after the global financial crisis.   Giving explosive evidence in the recent Senate inquiry that lambasted ASIC's performance, Wheeldon accused the regulator of allowing policy decisions to be unduly influenced by lobby groups. And now, with ASIC poised to be stripped of tens of millions of dollars in funding, Wheeldon fears the budget cuts will leave the agency more vulnerable to industry demands, making Australia's burgeoning financial sector - and the millions...
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  • Wayne
    Wayne says #
    Gregie, Just like the band Midnight Oil sang " Your dream world is just about to fall " It's only a matter of time. the evidence
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