The Continuing "TWISTED" Saga of "The Looting of America"

 
 WASHINGTON (Reuters) - Corporate America is pouring money into the U.S. presidential campaign at an unprecedented rate, with a torrent of donations coming from the businesses behind the subprime mortgage crisis.

Dirt Dealing and Campaign Financing and  ORGANIZED CRIME ....Hello  US  DOJ  and  FBI  and  US  Treasury .....   
MERS and The  Boys  GOT A BIG  PROBLEM
From almost 13 Years ago I found an Old Version Cache and Archived ....http://web.archive.org/web/20011110142547/http://www.geocities.com/jurisnot/
Restoring The Bill of Rights One Website at a Time











 
 
 
 
 
 
 
 
 
 
 
 
 

THE MOST EXPENSIVE ELECTIONS EVER

What are paper subdivisions?
A number of premature or so called ‘paper’ subdivisions exist around New South Wales, originating from
the late 1800s and early 1900s. They can comprise fewer than 100 lots to over 4,000 lots and are to be
found in the Blacktown local government area (Riverstone and Marsden Park), as well as in Port
Stephens (North Arm Cove) and Shoalhaven (Heritage Estate).
Most of these subdivisions are without services such as formed roads, drainage and reticulated water,
sewer and electricity. The lots within them range in size from 270m2 to 1,000m2 and are usually held
in separate titles.
The lack of services
 
 
  • By Haya El Nasser, USA TODAY
    An elderly woman from the East Coast roams the Arizona desert in search of her land. She's looking for a tidy lot in a subdivision and instead finds an arid wasteland in the middle of nowhere. She gets lost, runs out of gas and water and has to be rescued by a rancher.

    She had bought the land on the Internet, sight unseen, according to Mary Utley, spokeswoman with the Arizona Department of Real Estate.

    The Internet is reviving a grand old American tradition: land scams. Thousands of lots in phantom subdivisions that were sold decades ago to people who hoped to build retirement homes in warm states are reappearing on online sites such as the Internet giant eBay.

    The new wave of land scams has the potential to snooker millions more around the world because of the Internet's broad and instantaneous reach.

    Many of the lots being sold have never been developed because they are on swampland in Florida or isolated desert ranchland in Texas and Arizona. There is no road access, water or power. The land might be developed someday, but county officials who are busy processing a surge in deed transfers are skeptical.

    "If someone does buy one of these parcels thinking they're going to build their dream home on it now, that's really a problem," says Bart Medley, attorney for Texas' Jeff Davis County.

    Land scams are surfacing in:

    Florida. The state has a long history of bogus land deals. In Flagler County, a scam that began in the 1970s was revived recently when the same lots in a subdivision that has yet to be built appeared on eBay. Some paid $5,000 for parcels worth $500, Daytona Beach land-use lawyer Glenn Storch says.

    West Texas. Land there is plentiful, but not always hospitable. Arid acreage in Jeff Davis, Hudspeth and Culberson counties has been auctioned online to some unsuspecting buyers.

    "Much of the property was advertised with photos showing things like running water, green trees and green grass — things that simply don't exist in that particular location," Medley says.

    Arizona. "A huge problem," says Utley, whose agency monitors real estate agents and developers. "We actually don't even have enough staff to address it."

  • And Still More On The Subprime Fiasco Jun 23, 2011 – ... weighs in to suggest that campaign contributions may have contributed to lax oversight of subprime lenders. ... Mortgage bankers gave 40 percent of the $6.6 million they contributed to 2006 election campaigns to Democrats .... 30 Yr FRM 4.50%; |; 15 Yr FRM 3.79%; |; Jumbo 30 Year Fixed 4.94% ...
    www.mortgagenewsdaily.com › ... › MND NewsWire Home - Cached - Similar

  • THE MOST EXPENSIVE ELECTIONS EVER - DIRTY GOLD IN GOLDMAN SACHS Feb 4, 2008 – THE MOST EXPENSIVE ELECTIONS EVER ... with a torrent of donations coming from the businesses behind the subprime mortgage crisis. ...
    https://sites.google.com/site/.../home/the-most-expensive-elections-ever

  •  By Kevin Drawbaugh   
  • WASHINGTON (Reuters)

    WASHINGTON (Reuters) - Corporate America is pouring money into the U.S. presidential campaign at an unprecedented rate, with a torrent of donations coming from the businesses behind the subprime mortgage crisis.

    Facing a government crackdown over predatory lending and a troubled housing finance system, Wall Street and the real estate industry were among the top political givers in 2007, a campaign finance watchdog group said on Sunday.

    Leading all corporate donors in campaign donations as of the end of last year was investment banking giant Goldman Sachs, based on an analysis of Federal Election Commission records, the Center for Responsive Politics said.

    The next four largest corporate donors were Citigroup, Morgan Stanley, Lehman Brothers and Merrill Lynch, according to the center's fourth-quarter preliminary analysis, which is subject to revision.

    Investment banks, commercial banks and real estate companies altogether have pumped almost $34 million into the presidential race, with Democratic leaders Hillary Clinton and Barack Obama getting the most money, the center said.



    How Local Real Estate Mafias Prey on Consumers and The Elderly
    From Government Grants for Home Improvements to PROBATE Courts and SCREWING The Grand Parents
    The Vultures Who Prey on The Isolated, Infirm Low Income, Minorities and the Elderly

    Where has all the Gold and Silver Gone ..... A Primer On Constitutional Money
     
    How GUVMINT,  BANKERS  and SATAN RULE THE WORLD
     
     
     
     
     

    Dear IRE Houston Chronicle DOJ US Postal, US Treasury and Secretary Of State Hillary FBI and US Secret Service .......



    Funny Western Bancorporation Allied Texas Commerce MBank Gibralter Savings Ben Franklin First City Montgomery County Bank were all Involved HUH Judge Rosenthal, Judge Hughes, Judge Black TEXAS DIRT DEALS just Like The Clinton S&L Job in Little Rock


    The Arkansas / Arizona / California / Florida / Texas / Utah / SUBBPRIME REALTY - MORTGAGE Project

    Re: The "Great" Global Bank Robbery, Part 1

    It's "Great" To Be Imitated - JW AKA Swamp Judd

    Recently I conducted an interview with economist James K. Galbraith and asked him at the beginning: What caused the crisis?In his analysis of the question if there were people who might have foreseen the crisis, Mr. Galbraith mentioned “white-collar criminologists” by stating:

    “This group had the experience of what happened in the Savings and Loan crisis of the 1980’s, when certain patterns of behavior  which are relatively standard in criminal financial activity, were very clearly present. These patterns re-emerged in the early 2000’s in the Enron, Worldcom, and Tyco scandals, and they were re-emerging again in the housing sector. To these people it was entirely obvious that a massive problem was developing.”
    "I believe that banking institutions are more dangerous to our liberties than standing armies." - Thomas Jefferson
     
    Here's the BASIC Dirt Dealing CON / PONZI for the more sophisticated versions look at STONEBRIDGE RANCH in Texas
     

    frontline: once upon a time in arkansas: Jim Clark's Testimony

     once upon a time in arkansas. Jim Clark's Testimony. Federal bank examiner Jim Clark's ... I am James T. Clark, and I reside in Kalamazoo, Michigan. ...
    www.pbs.org/wgbh/pages/frontline/.../arkansas/.../clarktestimony.html - Cached

    frontline: once upon a time in arkansas: THE CASTLE GRANDE DEAL

     once upon a time in arkansas. THE CASTLE GRANDE DEAL. by Rick Young ...
    www.pbs.org/wgbh/pages/frontline/shows/arkansas/castle/ - Cached - Similar

    A Savings Fiasco in Texas Ends at a Fire-Sale Price - NYTimes.com

     Jun 22, 1990 ... By THOMAS C. HAYES, Special to The New York Times ... The new owner of Stonebridge Ranch, assuming a bankruptcy court approves, ...
    query.nytimes.com/gst/fullpage.html?res...

    A Savings Fiasco in Texas Ends at a Fire-Sale Price - New York Times

     Jun 22, 1990 ... In the mid-1980's the Stonebridge Ranch, a 6250-acre ...
    www.nytimes.com/.../a-savings-fiasco-in-texas-ends-at-a-fire-sale-price.html? ... - Cached

    Articles about Fiasco - New York Times

    BY THOMAS C. HAYES, SPECIAL TO THE NEW YORK TIMES. In the mid-1980's the ...
    www.nytimes.com/keyword/fiasco/4 - Cached

    Business Diary: June 17-22 - New York Times

     Jun 24, 1990... Association invested $330 milion in the Stonebridge ...
    www.nytimes.com/1990/06/24/.../business-diary-june-17-22.html?... - Cached


    DIRT DEALS DID YOU SAY DAISY CHAIN LAND FLIPPING SUBPRIME AND DIRT DEALS ???? 

    Report: Developers owned almost all troubled S&Ls

    Search Results

    1. frontline: once upon a time in arkansas: Jim Clark's Testimony

       once upon a time in arkansas. Jim Clark's Testimony. Federal bank examiner Jim Clark's ... I am James T. Clark, and I reside in Kalamazoo, Michigan. ...
      www.pbs.org/wgbh/pages/frontline/.../arkansas/.../clarktestimony.html - Cached
    2. frontline: once upon a time in arkansas: THE CASTLE GRANDE DEAL

      once upon a time in arkansas. THE CASTLE GRANDE DEAL. by Rick Young ...
      www.pbs.org/wgbh/pages/frontline/shows/arkansas/castle/ - Cached - Similar


     
    The MASSIVE LAND CONS in Houston, Dallas, San Antonio, Austin and CONROE
     
    WHERE THE FUCK IS CONROE ..... look above HOUSTON
     
    REMEMBER THE WHITEWATER CASTLE GRANDE AND MAPLEWOOD FARMS CAMPEBELLO ISLAND
     
    DAISY CHAINS
     

    To assist in identifyin­g "property flipping" schemes, CID's Government­al/Fraud Public Corruption Unit developed the Flip Sales Database which monitors flip sales.

    http://foi­a.fbi.gov/­property_f­lipping.ht­m

    `Red flag' subdivisions/Water menaces substandard development

    CINDY HORSWELL Staff

    MON 05/14/1990 HOUSTON CHRONICLE, Section A, Page 9, 2 STAR Edition


    LIBERTY - In the 1960s, as construction began on Lake Livingston Dam, developers took an interest in the lush river bottom of Liberty County.

    Deer, squirrels, birds and profusions of wild flowers and trees flourished on this land below the dam on the Trinity River. Its sandy shores and plentiful fish made it appear to be a vacationers'paradise.

    "A lot of people from Houston and around here wanted recreation and country living," recalled Liberty County Judge Dempsie Henley.

    Developers began scrambling to subdivide the flood plain into what would later become two dozen "red flag" subdivisions, developments which fall far short of county standards today.

    "Hell fire! Sure these developers made lots of money. Mostly all they did was set up some dirt roads and sell lots," said Henley. "People who bought out there thought the county was going to maintain or pave them, but we weren't.' In the early 1980s, the county passed regulations requiring any new subdivisions to meet county standards for paved roads, utilities and sewage treatment. Also, any facilities built in the flood plain had to be elevated on stilts or blocks and have flood insurance.

    Henley can offer little help to residents of these "red-flag"subdivisions who complain of deteriorating roads, septic systems that float out of the ground, and manmade levees or dams that have washed away. Tax money cannot legally be spent to bring the subdivisions up to county standards, he said.

    The tax appraisal district estimates that only a fourth of the 3,000 homes in the river bottom are occupied year-round. Many are fish camps or vacation retreats, shacks hardly worth salvaging or lots abandoned years ago.

    "The average value of a house and lot in these areas is only about $10,000," said senior appraiser Pamela McCarty, "whereas the average homestead in the county is valued at $40,000.' While some have nicely kept homes on high ground, most live in stilt houses or mobile homes. Many of the water wells and septic systems don't meet county standards and some of the dirt roads are impassable.

    High water sometimes isolates these low-lying subdivisions for weeks at a time. Roads often are submerged under water. Their stilt houses then resemble houseboats floating eerily in an endless sea of water. Boats and four-wheel drive vehicles become standard operating equipment.

    Subdivisions expected to be flooded this week by the water rampaging from Dallas down the rain-swollen Trinity are:

    Big Thicket Lake Estates: This piney woods subdivision off Texas 146 in extreme north Liberty County was subdivided in 1964 and has 372 structures on tax rolls. Several miles off the river, it receives the backwash from Menard Creek that links it to the Trinity. A scenic lake had to be drained recently by cutting a hole through its substandard dam. A road atop this earthen barrier, which served as the only entrance to half the subdivision, was repeatedly washing out - marooning residents on the opposite shore. Residents tried to reinforce the road this week in advance of the expected flood.

    Horseshoe Lake Estates: This wooded subdivision, one of the largest in the river bottom, nestles in the curve on the Trinity known as Horseshoe Bend. It has 456 structures on the tax rolls, dirt roads and a system of lakes that affords most residents water-front property. The community was first subdivided in 1964.

    New River Lake Estates: This 84-acre residential area with 110 structures is located off FM 787 and New River Lake Road near Clark. It was subdivided, mostly as a vacation area in 1964.

    Mason Lake Estates: The area with 44 residential structures off FM 787 and New River Lake Road was subdivided in 1964. It had a levee to wash out years ago. The levee was never repaired, making the area particularly susceptible to flooding.

    Old River Lake: With a large lake and 74 structures off Doctor's Road and Texas 146 near Clark, this area was subdivided in 1964 as a vacation retreat.

    Trinity River Lake Estates. Nestled along the Trinity, it has dirt roads meandering by 123 structures. It was subdivided in 1961.

    Old Snake River: This riverside subdivision off Texas 146 near Moss Hill, subdivided in 1966, has 183 structures, including one convenience store. Most of the homes are on stilts are are along dirt roads.

    Sam Houston Lake Estates: This large riverside subdivision located off FM 2518 and Davis Hill Road near Moss Hill has had severe erosion in places. More than two dozen lots already have been washed into the Trinity which is constantly changing course, the appraisal district said. It has 317 structures listed on the tax rolls and was subdivided in 1963.

    Knights Forest: Located off Texas 146 and the Mettlen Loop near Hardin, this community of 150 structures was built around a series of lakes and sloughs. It is one of the few subdivisions with asphalt roads. It was subdivided in 1964.

    Dayton Lake Estates: This subdivision, platted in 1963, recently incorporated into the smallest city in Liberty County in an effort to upgrade deteriorating roads and other services. Located off FM 1008 near Kenefick, it has 217 structures built around the river and a half dozen lakes. It also has one small grocery.

    Trinity River Plaza: Subdivided in 1967, it has 83 structures situated along the river off FM 2797 near Kenefick. The river recently altered its course here, transforming a peninsula with a half dozen homes into an island surrounded by water.

    Trinity River Triple Lake Estates: Located amidst churning oil pumps in South Liberty Oil Field, this tiny community, subdivided in 1966, has only 10 structures along its dirt and gravel roads.

    Timber Lake Estates: About 36 structures are nestled in this subdivision, created in the river bottom in 1972. A road there was built to serve as an earthen levee, but water sometimes overflows it. It adjoins other uncharted subdivisions: Riverside Addition with 33 structures; Harrison Subdivision with 52 structures; East Spring/West Spring Creek and Westlake with 61 structures together.

    Trinity River Retreat: This subdivision and its 165 structures off FM 563 near Moss Bluff is possibly the best kept of the riverside communities, the appraisal district said. It has 165 structures, mostly stilt homes along the river or around Lake Granada. It was subdivided in 1962

    Group urges Fort Bend officials to relieve road problems at 2 spots

    PATTI MUCK : Staff
    RICHMOND - About 100 members of the Fort Bend Interfaith Council - backed by 6,000
    07/03/1990 

    PAUL McKAY : Staff
    CONROE - Three Democrats and as many Republicans are entered in Montgomery County's March 13 primaries to challenge longtime Prec
    02/19/1990

    CATHY GORDON : Staff
    Homes resembling shacks border its pothole-riddled dirt roads.
    06/23/1987

    Staff
    Had they known of Montgomery County rules 10 years ago, some developers say their subdivisio
    06/23/1987

    CATHY GORDON : Staff
    We have potholes big enough to park in."
    06/22/1987

    CATHY GORDON : Staff
    I wouldn't have paid that much if it weren't for all the amenities promised.
    06/21/1987 

    On Mon, Jan 24, 2011 at 11:05 AM, jurisnot <jurisnot@gmail.com> wrote:
     
     
     
    Hey Guess How We BUY Votes and Elections In The USA INC.  ????
     
    Massive Amounts of CASH from Our Crooked Bastard Friends
     
     
     

    Dear News Observer; Mr Price


    N.C.'s largest mortgage fraud case expands

    One of the largest mortgage fraud cases in state history has gotten bigger.
     
    More than 300 people who bought lots in coastal Carolinas subdivisions in 2006 and 2007 filed suit this  month, claiming the value of their property was destroyed by fraud allegations in the sales of nearby  lots, which resulted in a scandal and a wave of foreclosures. 

    The subdivisions are Cannonsgate in Carteret County, Summerhouse in Onslow County and Craven's  Grant in Georgetown, S.C. The new lawsuit, like several earlier suits alleging mortgage fraud, seeks 
    damages from the developers, lenders, appraisers and others involved in the land deals there. 

    "When you look at these developments and see the foreclosure rates, it's clear that the devastation has  spread to all the property there," said David Binkley, a Michigan lawyer who filed the suit, along with 
    lawyer John S. O'Connor of Charlotte

    On Sat, Jan 8, 2011 at 6:43 AM, j w <jurisnot@gmail.com> wrote:

    Dear Mr ISSA .... Welcome To The WAR

    The Great Texas Bank Job 
     
    Expose' on Massive Bank, S&L, Mortgage and Wall Street Crimes.
     https://sites.google.com/site/thegreattexasbankjob/ - Similar

    GOOOOOOD MORRRRRRRNING North Carolina and Virginia


  • The Paper Land Con- Land Speculation - Paper Land Development and ... Our DIRT DEALS IN ARKANSAS AND CANADA WERE ALL PAPER CONS. ...

  • ---------- Forwarded message ----------
    From: j w <jurisnot@gmail.com>
    Date: Sat, Jan 8, 2011 at 6:28 AM
    Subject: North Carolina !!!! WITNESSES - FBI and DOJ ... US SECRET SERVICE, US POSTAL and US TREASURY Et al
    To: Hapa1234 <hapa1234@aol.com>, withamds@yahoo.com
    Cc: bobby_n_harmon@yahoo.comKen_Conklin@yahoo.com,info@votevets.org


    This North Carolina DIRT DEALING is Like The Stuff in ARKANSAS, TEXAS, ARIZONA, CALIFORNIA, The POCONOS, UTAH, MISSOURI, MAINE, NYS and New Mexico and Virginia and and and  UH WORLD WIDE hmmmmmm


    North Carolina IMAGINE THAT :)

    On Sat, Jan 8, 2011 at 6:20 AM, j w <jurisnot@gmail.com> wrote:
    MILLIONS AND MILLIONS SERVED ..... 

    Can you say OUT LAW LAND DEVELOPERS three times really really fast ??

    hmmmm Old Swamp Judd Is A Smart Old Swamp Fox 


    To assist in identifyin­g "property flipping" schemes, CID's Government­al/Fraud Public Corruption Unit developed the Flip Sales Database which monitors flip sales.

    http://foi­a.fbi.gov/­property_f­lipping.ht­m

    `Red flag' subdivisions/Water menaces substandard development

    CINDY HORSWELL Staff

    MON 05/14/1990 HOUSTON CHRONICLE, Section A, Page 9, 2 STAR Edition


    LIBERTY - In the 1960s, as construction began on Lake Livingston Dam, developers took an interest in the lush river bottom of Liberty County.

    Deer, squirrels, birds and profusions of wild flowers and trees flourished on this land below the dam on the Trinity River. Its sandy shores and plentiful fish made it appear to be a vacationers'paradise.

    "A lot of people from Houston and around here wanted recreation and country living," recalled Liberty County Judge Dempsie Henley.

    Developers began scrambling to subdivide the flood plain into what would later become two dozen "red flag" subdivisions, developments which fall far short of county standards today.

    "Hell fire! Sure these developers made lots of money. Mostly all they did was set up some dirt roads and sell lots," said Henley. "People who bought out there thought the county was going to maintain or pave them, but we weren't.' In the early 1980s, the county passed regulations requiring any new subdivisions to meet county standards for paved roads, utilities and sewage treatment. Also, any facilities built in the flood plain had to be elevated on stilts or blocks and have flood insurance.

    Henley can offer little help to residents of these "red-flag"subdivisions who complain of deteriorating roads, septic systems that float out of the ground, and manmade levees or dams that have washed away. Tax money cannot legally be spent to bring the subdivisions up to county standards, he said.

    The tax appraisal district estimates that only a fourth of the 3,000 homes in the river bottom are occupied year-round. Many are fish camps or vacation retreats, shacks hardly worth salvaging or lots abandoned years ago.

    "The average value of a house and lot in these areas is only about $10,000," said senior appraiser Pamela McCarty, "whereas the average homestead in the county is valued at $40,000.' While some have nicely kept homes on high ground, most live in stilt houses or mobile homes. Many of the water wells and septic systems don't meet county standards and some of the dirt roads are impassable.

    High water sometimes isolates these low-lying subdivisions for weeks at a time. Roads often are submerged under water. Their stilt houses then resemble houseboats floating eerily in an endless sea of water. Boats and four-wheel drive vehicles become standard operating equipment.

    Subdivisions expected to be flooded this week by the water rampaging from Dallas down the rain-swollen Trinity are:

    Big Thicket Lake Estates: This piney woods subdivision off Texas 146 in extreme north Liberty County was subdivided in 1964 and has 372 structures on tax rolls. Several miles off the river, it receives the backwash from Menard Creek that links it to the Trinity. A scenic lake had to be drained recently by cutting a hole through its substandard dam. A road atop this earthen barrier, which served as the only entrance to half the subdivision, was repeatedly washing out - marooning residents on the opposite shore. Residents tried to reinforce the road this week in advance of the expected flood.

    Horseshoe Lake Estates: This wooded subdivision, one of the largest in the river bottom, nestles in the curve on the Trinity known as Horseshoe Bend. It has 456 structures on the tax rolls, dirt roads and a system of lakes that affords most residents water-front property. The community was first subdivided in 1964.

    New River Lake Estates: This 84-acre residential area with 110 structures is located off FM 787 and New River Lake Road near Clark. It was subdivided, mostly as a vacation area in 1964.

    Mason Lake Estates: The area with 44 residential structures off FM 787 and New River Lake Road was subdivided in 1964. It had a levee to wash out years ago. The levee was never repaired, making the area particularly susceptible to flooding.

    Old River Lake: With a large lake and 74 structures off Doctor's Road and Texas 146 near Clark, this area was subdivided in 1964 as a vacation retreat.

    Trinity River Lake Estates. Nestled along the Trinity, it has dirt roads meandering by 123 structures. It was subdivided in 1961.

    Old Snake River: This riverside subdivision off Texas 146 near Moss Hill, subdivided in 1966, has 183 structures, including one convenience store. Most of the homes are on stilts are are along dirt roads.

    Sam Houston Lake Estates: This large riverside subdivision located off FM 2518 and Davis Hill Road near Moss Hill has had severe erosion in places. More than two dozen lots already have been washed into the Trinity which is constantly changing course, the appraisal district said. It has 317 structures listed on the tax rolls and was subdivided in 1963.

    Knights Forest: Located off Texas 146 and the Mettlen Loop near Hardin, this community of 150 structures was built around a series of lakes and sloughs. It is one of the few subdivisions with asphalt roads. It was subdivided in 1964.

    Dayton Lake Estates: This subdivision, platted in 1963, recently incorporated into the smallest city in Liberty County in an effort to upgrade deteriorating roads and other services. Located off FM 1008 near Kenefick, it has 217 structures built around the river and a half dozen lakes. It also has one small grocery.

    Trinity River Plaza: Subdivided in 1967, it has 83 structures situated along the river off FM 2797 near Kenefick. The river recently altered its course here, transforming a peninsula with a half dozen homes into an island surrounded by water.

    Trinity River Triple Lake Estates: Located amidst churning oil pumps in South Liberty Oil Field, this tiny community, subdivided in 1966, has only 10 structures along its dirt and gravel roads.

    Timber Lake Estates: About 36 structures are nestled in this subdivision, created in the river bottom in 1972. A road there was built to serve as an earthen levee, but water sometimes overflows it. It adjoins other uncharted subdivisions: Riverside Addition with 33 structures; Harrison Subdivision with 52 structures; East Spring/West Spring Creek and Westlake with 61 structures together.

    Trinity River Retreat: This subdivision and its 165 structures off FM 563 near Moss Bluff is possibly the best kept of the riverside communities, the appraisal district said. It has 165 structures, mostly stilt homes along the river or around Lake Granada. It was subdivided in 1962

    Group urges Fort Bend officials to relieve road problems at 2 spots

    PATTI MUCK : Staff
    RICHMOND - About 100 members of the Fort Bend Interfaith Council - backed by 6,000
    07/03/1990 

    PAUL McKAY : Staff
    CONROE - Three Democrats and as many Republicans are entered in Montgomery County's March 13 primaries to challenge longtime Prec
    02/19/1990

    CATHY GORDON : Staff
    Homes resembling shacks border its pothole-riddled dirt roads.
    06/23/1987

    Staff
    Had they known of Montgomery County rules 10 years ago, some developers say their subdivisio
    06/23/1987

    CATHY GORDON : Staff
    We have potholes big enough to park in."
    06/22/1987

    CATHY GORDON : Staff
    I wouldn't have paid that much if it weren't for all the amenities promised.
    06/21/1987 

    1. History Colonias in Arizona and New Mexico - HUD

      In 1999, HUD did not have an accurate count of colonias-designated ... For example, Padre Ranchitos (a very poor,illegal subdivision of 119 people in Yuma ...
      www.hud.gov/local/shared/working/groups/.../history.cfm?... -Cached - Similar
    2. Texas Rehabilitates Its Colonias

      Attorney General's Office Sues Developers of Illegal Subdivisions “My office is working to halt the spread ofcolonias and to take action against ...
      www.nesc.wvu.edu/nsfc/Articles/SFQ/.../SFQsp02_TxColonias.html - Cached
    3. Old Nogales Colonia

      In fact, this illegal subdivision is such a big problem that officials don't ... According to Duran, the program helps 10 to 12 households in the colonia ...
      cronkitezine.asu.edu/fall2009/conflict/oldnogales.html -Cached
    4. Colonia (United States) - Wikipedia, the free encyclopedia

      Colonias are basically, from USA's point of view, illegal subdivisions created by rural settlers and are found near the U.S. - Mexico border. ...
      en.wikipedia.org/wiki/Colonia_(United_States) - Cached -Similar
    5. Colonias and public policy in Texas and Mexico: urbanization by ... - Google Books Result

      Peter M. Ward - 1999 - Business & Economics - 287 pages
      Low-income citizens typically obtain land in one of two ways:illegal subdivision of private or ejidal land, and through invasion (of public, private, ...
      books.google.com/books?isbn=0292791259...
    6. [PDF]

      Report: Legal Issues in New Mexico's ColoniaCommunities - Legal ...

      File Format: PDF/Adobe Acrobat - Quick View
      contribute to the conditions of poverty that proliferate incolonias. While laws to control illegal subdivisions exist in New Mexico, enforcement has been ...
      nmpovertylaw.org/.../Report-Legal-Issues-in-NM-Colonias-FINAL-DRAFT-2010-7-2.pdf
    7. Colonias Development Council - About Us

      In the late 1980s the colonia phenomenon exploded in southern New Mexico. A housing shortage had caused numerous developers to create illegal subdivisions ...
      www.colonias.org/about_us.html - Cached - Similar
    8. EL PASO: Texas Colonias

      Already, said Cecilia Rodriguez, half the colonias in El Paso county lack running .... Cuadrilla, an illegal subdivision, stands no chance of getting water ...
      journalism.berkeley.edu/projects/border/elpasocolonias.html -Cached - Similar
    9. Chair

      1996 - 2000: Pro bono consultant working with New Mexico attorney Nancy Simmons on colonias (illegal subdivisions) in Dona Ana County, New Mexico, ...
      https://www.fig.net/commission2/officers/frank.htm - Cached
    10. Texas Grad essays

      Not only are colonia residents affected by the unsanitary conditions in illegal subdivisions, but all Texans, as well as many Americans in other states, ...
      www.megaessays.com/viewpaper/76985.html


    1. [CTRL] [1] The Great Texas Bank Job

      Jun 16, 2000 ... If you do a search engine search of the TermsCOLONIAS or Illegal Subdivision in Florida, Georgia, Alabama, Mississippi, Louisisana, Texas, ...
      www.mail-archive.com/ctrl@listserv.aol.com/msg44640.html -Cached
    2. [PDF]

      Agenda Civil Society Consultation for the U.S. Universal Periodic ...

      File Format: PDF/Adobe Acrobat - Quick View
      Mar 8, 2010 ... The federal delegation visited three colonialocations, and learned that many colonias arise out of illegal subdivision of the land by ...
      www.state.gov/documents/organization/144252.pdf
    3. [PDF]

      Reed, Stowe & Yanke, LLC 5806 Mesa Drive, Suite 310 Austin, Texas ...

      File Format: PDF/Adobe Acrobat - Quick View
      by S Reed - 2001 - Related articles
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      www.twdb.state.tx.us/rwpg/rpgm_rpts/2001483398.pdf
    4. [PDF]

      BUILDING A BRIGHTER FUTURE IN THECOLONIAS

      File Format: PDF/Adobe Acrobat - Quick View
      a real estate developer who engaged in illegal subdivisiondevelopment activities, generally referred to as colonias. These colonias or “neighborhoods” were ...
      www.ruralhome.org/storage/documents/winter09.pdf
    5. Its Your Mission: Countries-The Border

      Colonias are basically illegal subdivisions created by rural settlers and are found near the U.S. - Mexico border. The lack of clean water and proper ...
      www.itsyourmission.com/country-border.shtml
    6. [PDF]

      US. Department of Housingand Urban.Deve10pment _ '

      File Format: PDF/Adobe Acrobat - View as HTML
      subdivision statutes to eliminate illegal subdivisiondevelopment. HUD appointed state colonias -. - . Figure 1. Water Tower Serving _ ...
      vision2040.las-cruces.org/.../Colonias%20in%20TX%20NM%20and%20AZ%20draft%20plan.pdf
    7. Whistleblowers - SourceWatch

      Sep 12, 2008 ... See Houston Chronicles Archives on Illegal SubdivisionsColonias as well as bank and S&L Lootings see Houston Chronicle Listings ...
      www.sourcewatch.org/index.php?title=Whistleblowers - CachedSimilar
    8. Cameron Park (Brownsville: apartments, rentals, mortgages) - Texas ...

      Mar 8, 2008 ... CP is a hotbed for illegal aliens and illegalactivity. ... Colonias such as Cameron Park sprang up because shady developers were able to ... Now, thankfully, you can't subdivide outside city limits without a legal plat ...
      www.city-data.com › City-Data Forum › US Forums › Texas -Cached - Similar
    9. PBS: The Forgotten Americans: Focus: LasColonias

      In the past 10 years, the Texas Attorney General has filed nearly 45 lawsuits against colonia developers for deceptive trade practices, illegal subdividing ...
      www.pbs.org/klru/forgottenamericans/focus/howdevel.htm -Cached - Similar
    10. Senate OKs colonia improvements , colonia, water, counties - Local ...

      Apr 23, 1999 ... Local: Senate OKs colonia improvements ,colonia, water, counties, program, border, development,subdivisions, bill, subdivision, residents.
      www.brownsvilleherald.com/.../colonia-16182-water-counties.html - Cached

    1. Future Potential Projects

      The relocation of certain colonia clusters that fall under special circumstances will result in the reorganization of these types of illegal subdivisions ...
      www.webbcountytx.gov/.../Projects/FuturePotentialProjects/ -Cached
    2. [PDF]

      August 2010 minutes - RHAB Board Meeting 12/10/2009

      File Format: PDF/Adobe Acrobat - Quick View
      He also pointed out that Colonias are basically illegal subdivisions and are politically very controversial. Discussion centered around the advisability of ...
      www.coastalbendrhab.org/RHAB%20Images/.../August2010_Minutes.pdf
    3. [PDF]

      CV as a .pdf-file - Curriculum Vitae

      File Format: PDF/Adobe Acrobat - Quick View
      colonias (illegal subdivisions) in Dona Ana County, New Mexico, at El Milagro (Hatch), Vado, and Rio Grande Estates (Fairacres). ...
      https://www.fig.net/commission2/officers/frank_cv_2010.pdf
    4. The Great Texas Bank Job

      See Houston Chronicles Archives on Illegal Subdivisions,Colonias as well as bank and S&L Lootings see Houston Chronicle Listings ...
      https://sites.google.com/site/thegreattexasbankjob/ - Similar
    5. BORDER INTERFAITH INTERNSHIP

      Jul 19, 2007 ... The colonia laws are based on policies that make such colonias “illegal” and turn the citizens (undocumented or not, ..... water services came into thesubdivision, and where they ended, including the land owned by EPWU. ...
      www.sunstar-solutions.com/Canutillowaterproject.htm -Cached
    6. Ethnography at the border - Google Books Result

      Pablo Vila - 2003 - History - 345 pages
      Painstakingly conveying how the border looks and feels to those on both sides, Ethnography at the Border transmutes statistics on migration, labor markets, and ...
      books.google.com/books?isbn=0816640335...
    7. [PDF]

      Natural Outlook: Colonias: Serving the Unserved

      File Format: PDF/Adobe Acrobat - Quick View
      Sep 9, 2004 ... Areas near colonias were the most common locations of illegal dumps in .... The 1989 Model SubdivisionRules, established as part of Texas' ...
      www.tceq.state.tx.us/assets/public/comm_exec/pubs/pd/.../colonias.pdf
    8. [PDF]

      SELECTED TEXAS LAWS ON SUBDIVISIONS,COLONIAS, ETC. - 2001

      File Format: PDF/Adobe Acrobat
      Colonia Model Subdivision Program. 114 Govt. Code §§ 573.021-.025 ...... illegal improvements and restore preexisting conditions; ...
      https://www.oag.state.tx.us/consumer/border/rb2001/redbook.pdf
    9. Dysfunctional Residential Land Markets:Colonias in Texas

      Many of them favor homesteading in poorly serviced ruralsubdivisions where they can own ... While colonias in Texas are rarely illegal, many aspects of the ...
      www.lincolninst.edu/.../263_Dysfunctional-Residential-Land-Markets--Colonias-in-Texas - Cached
    10. [PDF]

      GENDER AND PROPERTY IN MEXICO'SCOLONIAS POPULARES

      File Format: PDF/Adobe Acrobat - Quick View
      by A Varley - 1984 - Cited by 1 - Related articles
      have built their homes were created by the illegal subdivisionof agricultural .... were to be generally upheld, then plots held illegally in colonias ...
      lasa.international.pitt.edu/Lasa2000/varblas.PDF - Similar

    1. Lure of quick profits snared investors inCarolina land deals

      Sep 25, 2010 ... 1 arrested, 2 sentenced in mortgage fraudscheme ... Buy a piece of undeveloped land in North Carolina, not far from the beach, with no money down. ... bought and intended to flip them for profit as soon as they could. ...
      www.washingtonpost.com › Metro › Virginia
    2. [PDF]

      Fighting Mortgage Fraud in the Western District of North Carolina

      File Format: PDF/Adobe Acrobat - View as HTML
      Watch out for flips. ∎ Buyers purchasing multiple properties ...Mortgage Fraud Working Group. North Carolina Coordination. ∎ Federal Agencies ...
      www.lawyersmutualnc.com/documents/Mortgage-Fraud-PPT.pdf
    3. North Carolina

      New Jersey Lawyer-Judge at Center of Land-Flip Investigation: A NJ lawyer who ..... North Carolina Real Estate Consultant Convicted of Federal Fraud Charges ...
      www.flippingfrenzy.com/category/north-carolina/ - Cached -Similar
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      Real Estate and Mortgage Fraud Resources for North Carolina. Although those ...
      www.flippingfrenzy.com/real-estate...fraud.../north-carolina/ -Cached
    5. North Carolina - Mortgage Fraud and Real Estate Fraud

      Jun 23, 2010 ... North Carolina Man Admits Loan ApplicationFraud .... in an alleged $2.4 million scheme that involved "property flips" in Sevier County. ...
      www.mortgagefraudblog.com/index.php/weblog/C19/ - CachedSimilar
    6. Former North Carolina governor's name linked to coastal property ...

      Sep 21, 2009 ... According to a Sunday report by News & Observer of Raleigh, the Carteret County tax supervisor has said that former North Carolina governor, ...
      topnews.us/.../27241-former-north-carolina-governors-name-linked-coastal-property-fraud - Cached - Similar
    7. [PDF]

      37090 NC Apprasial Rp

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      Vacant Land Appraisal (7/7). MEL BLACK. P.O. Box 705. Cherryville, NC 28021 (704)435-0753 ... FraudFlip and the FBI (4/4). Historic Appraising (8/8) ...
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    8. [PDF]

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      Land-flipping fraud alleged. Several attorneys in North Carolinaand Virginia, ... "I was told there was no risk involved and they would be able to flip the ...
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    9. Short Sale Fraud? | Real Estate Experts | Real Estate Experts

      May 21, 2009 ... It appears to be a Short Sale Flip. This company pays cash for property then ... loan company on a short sale and I already have a Land Trust agreement naming... I got into a deal with Mr. Onyeberechi in Greensboro, NC. ...
      www.realtown.com/john/groups/real-estate-experts/view/13241Cached
    10. Carolab on HuffingtonPost

      Other states significantly affected by mortgage fraud according to available ... Minnesota, Missouri, Nevada, North Carolina, Tennessee, and Virginia. .... land records to create a national database of suspicious flips similar to the ...
      www.huffingtonpost.com/social/Carolab?action=comments

    AND THIS ONE IS RAMPANT THROUGHOUT THE FINANCIAL AND GOVERNMENT SECTOR

    THE  GUVMINT HAS BEEN IN ON THE LOOTING FROM THE START

    CAN YOU SAY GOVERNMENT COMPLICITY - COLLUSION and CONSPIRACY 

    The Local, State and Federal Governments Prints are EVERYWHERE

    Interview with Bill Black: the great global bank robbery, part 1

    John Stewart's Big Bank Theory  SEE www.FAME.org

    STATE LOCAL AND COUNTY GUVMINT Tax Collectors GOT RICH off the Meteoric Inflation and Rise In Real Estate Values

    Their Prints are ALL OVER THE PLACE

    "Throughout the process, red flags were over-looked, process requirements were waived, and exceptions to policy were granted."

    DID SOMEBODY SAY FUNNY LITTLE LAND DEALS and Funny Mortgage Loans

    Extent of Insider Dealing at Madison Guaranty

    Clark stated that the extent of insider dealing at Madison Guaranty was in the "top 3" of all examinations in which he has participated in his 20 years as an examiner. Since Madison Guaranty's "straw borrowers" had no real intention of repaying loans associated with real estate developments, the examiners classified the loans, resulting in the institution's insolvency.

    http://www.fcic.gov/hearings/pdfs/2010-0921-Pontell.pdf

    Hey Just Like Western Bancorporation, Lehman Bros, Goldman Sachs, Countrywide, Lincoln S&L, Silverado and all the others

    WaMu Bank Executives Aware of Rampant Fraud

    Yet They Failed to Act, Senate Investigation Finds

    Hello US SECRET SERVICE Agent Rick Williams  This is FUNNY SHIT HUH

    Hey Like The RED FLAGS in Texas Agent Williams Gee FBI Houston Looky Here

    "Throughout the process, red flags were over-looked, process requirements were waived, and exceptions to policy were granted."

    (Reuters) - Corporate America is pouring money into the U.S. presidential campaign at an unprecedented rate, with a torrent of donations coming from the businesses behind the subprime mortgage crisis.

    WELL WELL WELL WHAT DOES THE FINANCIAL CRISIS COMMISSION HAVE TO SAY

    Lax or practically non-existent government oversight created what

    criminologists have labeled “crime-facilitative environments” where crime could thrive.

    WELL WELL WELL Seems The FBI is Still Lying 

    John S. Pistole Deputy Director Federal Bureau of Investigation

    Statement Before the House Committee on the Judiciary

    Washington, DC,  April 01, 2009   (APRIL FOOLS DAY AT FBI !!!!!)

    The Best Government MONEY CAN BUY

    FELONS AND MORTGAGE BROKERS ON STERIODS .... THE BUSH MAFIA STRIKES AGAIN  THANKS JEB OLD MAN

     
     
     
    The FACT IS the Developers and their Gangs of Suppliers, Land Sellers and Contractors THE MIDDLEMEN and the BANKS and Wall Street ALL Perpetrated the SUB PRIME CRIMES the very same PACK of TRASH who perpetrated and Masterminded the S&L Debacle and the Land Cons of the 50's 60s and 70s FBI, TREASURY, US POSTAL and DOJ  they all realise by now WITHAM and his ASOOCIATES are onto their CRIMES
     
    The FED HAS TO GO ... THEY ARE CROOKS and TRAITORS see http://www.FAME.org  listen to the Interview of Larry Parks he is an HONEST GOOD MAN
     
     
    By Tony Pugh | McClatchy Newspapers

    WASHINGTON — As Americans continue to lose their homes in record numbers, the Federal Reserve is considering making it much harder for homeowners to stop foreclosures and escape predatory home loans with onerous terms.

    Read more: http://www.mcclatchydc.com/2010/12/01/104568/fed-wants-to-strip-a-key-protection.html?storylink=addthis#ixzz17LXucTWM

     
     
     
    This is sure some funny stuff HUH Agent Rick Williams ..... US SECRET SERVICE and HOUSTON FBI
     
  • Trusted Criminals: White Collar Crime in Contemporary Society - Google Books Result David O. Friedrichs - 2009 - Law - 462 pages  Many buyers of the failed thrifts' assets were property developers and speculators who ... The Criminal Justice Response to S & L Fraud Investigating and ...
    books.google.com/books?isbn=0495600822...

  • FBI — FBI Efforts to Combat Mortgage Fraud and Other Financial Frauds Much the same as the Savings and Loan (S&L) Crisis of the 1980s ... and Urban Development (HUD) Office of Inspector General (OIG) reports. ...
    www.fbi.gov/.../fbi-efforts-to-combat-mortgage-fraud-and-other-financial-frauds - Cached

  • Too Big To Jail? Executives Unscathed As Regulators Let Banks ... May 4, 2010 ... Banks have reported massive amounts of fraud to the Treasury Department but ... While data on criminal referrals during the S&L crisis is spotty, the Government ... Banks are required to report known or suspected criminal violations, ..... Broadcast - Journalism1, Business Development, Construction ...
    www.huffingtonpost.com/.../too-big-to-jail-executive_n_561961.html - Cached

  •  
  • Trusted Criminals: White Collar Crime in Contemporary Society - Google Books Result David O. Friedrichs - 2009 - Law - 462 pages  Many buyers of the failed thrifts' assets were property developers and speculators who ... The Criminal Justice Response to S & L Fraud Investigating and ...
    books.google.com/books?isbn=0495600822...

  • FBI — FBI Efforts to Combat Mortgage Fraud and Other Financial Frauds Much the same as the Savings and Loan (S&L) Crisis of the 1980s ... and Urban Development (HUD) Office of Inspector General (OIG) reports. ...
    www.fbi.gov/.../fbi-efforts-to-combat-mortgage-fraud-and-other-financial-frauds - Cached

  • Too Big To Jail? Executives Unscathed As Regulators Let Banks ... May 4, 2010 ... Banks have reported massive amounts of fraud to the Treasury Department but ... While data on criminal referrals during the S&L crisis is spotty, the Government ... Banks are required to report known or suspected criminal violations, ..... Broadcast - Journalism1, Business Development, Construction ...
    www.huffingtonpost.com/.../too-big-to-jail-executive_n_561961.html - Cached

  • DIRT DEALING, LAND FLIPPING AND DAISY CHAINING

    CLINTON STYLE

    Nothing Like a Good Financial DAISY CHAIN huh

    "DIRT DEALING"  That Thar Is  ARKANSAS SPEAK  Har Har Har

    THE EVIL DONATORS - ALL THE PRESIDENTS MEN the "CONTRIBUTORS"

    Burt Lance - Charlie Keating - Ken Lay - Jack Abramoff - Charlie Keating - Carl Linder - Rob Mosbacher - THE CAMPAIGN FINANCE MOB

    MILLIONS OF WITNESSES .. TRILLIONS LOOTED ...GIGS UP  UNCLE SAM
    870-453-7529   McNabb Land Surveying Marion County, Arkansas
     I wonder what Federal Witness Jim & Sue MacDougal Knew  
    About DIRT DEALING ?????
     

    Dear Mr Holder Mr Pistole
     
    READ THIS
     
    Testimony of
    Henry N. Pontell
    Professor of Criminology, Law & Society and Sociology
    University of California,

     
     
    My research findings indicate that fraud has played a significant role in causing the
    financial losses that led to major debacles occurring over the past 25 years. The only way we can
    effectively prevent future crises is to fully understand the nature and extent of fraud. Assigning
    major financial losses to “risky business” has resulted in highly destructive policymaking and
    ever-larger financial crises. Lax or practically non-existent government oversight created what
    criminologists have labeled “crime-facilitative environments” where crime could thrive.
    The major losses occurring through mortgage frauds in Florida and throughout the
    country that brought on the current economic crisis were not due to scam artists, notwithstanding
    the fact that their crimes have now become collectively quite significant and warrant serious
    attention by authorities. Rather, the original losses were produced by large lending institutions
    and Wall Street companies that run afoul of the law during endemic waves of fraud typically
    because of decisions that are made at the top that often exploit perverse market incentives and
    essentially turn the organization into a weapon with which to commit crime; Lincoln Savings and
    Loan and Charles Keating, Enron and Jeff skilling and Ken Lay, Countrywide and Angelo
    Mozilo, the list goes on. All of these examples have one major factor in common. Those in
    charge had enriched themselves at the expense of their firms, investors, and/or the public by
    engaging in what is known as “control fraud.” In other words, controlling insiders had suborned
    both internal and external safeguards and checks, and essentially looted their own companies
    through various schemes that resulted in excessive compensation. Accounting is the weapon of
    choice of control frauds as the creation of phony profits reduces scrutiny by regulators and
    investors, allowing for greater sums to be stolen.    see fuller article at  http://www.fcic.gov/hearings/pdfs/2010-0921-Pontell.pdf
     
    REALTY RELATED FRAUD Once Again 
     
    THIS IS ONE EXTREMELY DEEP PILE OF POOH POOH 

    HOW WALL STREET WAS ROBBED FROM THE INSIDE 
    Unrecorded Redflag Illegal Subdivisions ah COLONIAS
     
     
     
     
      DID THEY SAY LAND / REALTY BASED BANK AND WALLSTREET LOOTING SCHEMES ?
    Once Upon a Time in Conroe Texas .... Illegal Land Developments   FUNNY HUH
    The Frauds Began Long Ago ... My Parents Were Raped at Harris Bay LG, NY for the East Shores Harbor
     
     
     

    The Best Government MONEY CAN BUY

    the Federal Reserve that they created $12.3 trillion dollars unbeknownst to Congress or the American people.

    The top story of 2010, and at the same time the most unacknowledged story considering its enormity, has to be the one-time revelation by the Federal Reserve that they created $12.3 trillion dollars unbeknownst to Congress or the American people.

     

    In 1996 the Federal Reserve announced that they would stop reporting the M3 money supply, but a one-time disclosure was written into the banker bailout agreement – a revelation that came due December 1, 2010.

     

    An article by David DeGraw captures the enormity of the revelation…

     

    Are The Federal Reserve’s Crimes Too Big To Comprehend?

    http://poorrichards-blog.blogspot.com/2010/12/wall-street-pentagon-papers-biggest.html

     

     

    “What if the greatest scam ever perpetrated was blatantly exposed, and the US media didn’t cover it? Does that mean the scam could keep going? That’s what we are about to find out...The audacity and absurdity of it all is mind boggling.

     

    I understand the importance of the new WikiLeaks documents. However, we must not let them distract us from the new information the Federal Reserve was forced to release. Even if WikiLeaks reveals documents from inside a large American bank, as huge as that could be, it will most likely pale in comparison to what we just found out from the one-time peek we got into the inner-workings of the Federal Reserve. This is the Wall Street equivalent of the Pentagon Papers.

     

    …Wait, what? Did you say $12.3 TRILLION tax dollars were thrown around in secrecy by unelected bankers… and Congress didn’t know any of the details?


    Yes. The Founding Fathers are rolling over in their graves. The original copy of the Constitution spontaneously burst into flames. The ghost of Tom Paine went running, stark raving mad screaming through the halls of Congress.

     

    … I’ve been arguing for years that the market is rigged and that the major Wall Street firms are elaborate Ponzi schemes, as have many other people who built their beliefs on rational thought, reasoned logic and evidence. We already came to this conclusion by doing the research and connecting the dots. But now, even our strongest skeptics and the most ardent Wall Street supporters have it all laid out in front of them, on FEDERAL RESERVE SPREADSHEETS.


    Even the Financial Times, which named Lloyd Blankfein its 2009 person of the year, reacted by reporting this: “The initial reactions were shock at the breadth of lending, particularly to foreign firms. But the details paint a bleaker and even more disturbing picture.”

    …But, for the moment at least, the illusion continues to hold power. How is this possible?


    To start with, as always, the US television “news” media (propaganda) networks just glossed over the whole thing - nothing to see here, just move along, back after a message from our sponsors… Other than that obvious reason, I’ve come to the realization that the Federal Reserve’s crimes are so big, so huge in scale, it is very hard for people to even wrap their head around it and comprehend what has happened here.


    Think about it. In just this one peek we got at its operations, we learned that the Fed doled out $12.3 trillion in near-zero interest loans, without Congressional input. 

    The audacity and absurdity of it all is mind boggling…”

     

    This should make it perfectly clear that it’s not America’s ‘dollar’.

     

    Will the Federal Reserve just keep creating trillion of dollars behind the scenes?

     

    And what is this money being used for – really?

     

    Something we may never know.

    IRE Journal Article

    A well-financed orgy

    In Issue

    March/April 1991

    Title:

    A well-financed orgy

    Author(s)

    Karl Ross

    Summary:

    Karl Ross, a Columbia, Mo., journalist, reviews a book by James O'Shea --"The Daisy Chain" about the savings-and-loans debacle, as well as the "land flips" and "daisy chains" that occurred along with the crisis.

    Year:

    1991

    Publication date:

    03/01/91

    Pages:

    10

    Keywords:

    finances; borrowing; home loans; politics; books

    Other info:

     

    Who Benefited and Who Got Hurt?

    Large Realty Companies Developers Sellers and all the Same Pack of RATS from the Previous S&L Cons That's Who

    EXTREMELY WELL CONNECTED LARGE CAMPAIGN DONATORS ARE AS WELL ... WELL PROTECTED

    AH THE    "EVIL DONATORS"

       
    Mortgage brokers, who occupy an unregulated niche of the lending world, made a commission for every borrower they handed over to a mortgage lender. These brokers are like the drug dealers on the street corner. They are the smallest link in a lending chain that includes some of the largest and most respectable Wall Street firms.

    THOSE REALTY COMPANIES AND DEVELOPERS THE CONTRACTORS AND SERVICERS AND THE LAWYERS AND TITLE COMPANIES The Exact same Pack Of RATS from the Last Time ... THE S&L MAFIAS  That's WHO

    Large mortgage finance companies and banks made big bucks on sub-prime loans. Last year, 10 lenders -- Countywide, New Century, Option One, Fremont, Washington Mutual, First Franklin, RFC, Lehman Brothers, WMC Mortgage, and Ameriquest -- accounted for 59 percent of all sub-prime loans, totaling $284 billion.

     The Best Government MONEY CAN BUY

    REMEMBER THE CAMPAIGN FINANCE DEBACLE
     
     

    Facing a government crackdown over predatory lending and a troubled housing finance system, Wall Street and the real estate industry were among the top political givers in 2007, a campaign finance watchdog group said on Sunday.

    Leading all corporate donors in campaign donations as of the end of last year was investment banking giant Goldman Sachs, based on an analysis of Federal Election Commission records, the Center for Responsive Politics said.

    The next four largest corporate donors were Citigroup, Morgan Stanley, Lehman Brothers and Merrill Lynch, according to the center's fourth-quarter preliminary analysis, which is subject to revision.

    Investment banks, commercial banks and real estate companies altogether have pumped almost $34 million into the presidential race, with Democratic leaders Hillary Clinton and Barack Obama getting the most money, the center said.

     
     
    For Mother and Dad ..... God Bless The Swamp Fox 
     
     

    WHO BENNEFITTED - WHO GOT HURT 

    Large Realty Companies Developers Sellers and all the Same Pack of RATS from the Previous S&L Cons That's Who

    EXTREMELY WELL CONNECTED LARGE CAMPAIGN DONATORS ARE AS WELL ... WELL PROTECTED

    AH THE    "EVIL DONATORS"

    Mortgage brokers, who occupy an unregulated niche of the lending world, made a commission for every borrower they handed over to a mortgage lender. These brokers are like the drug dealers on the street corner. They are the smallest link in a lending chain that includes some of the largest and most respectable Wall Street firms.

    THOSE REALTY COMPANIES AND DEVELOPERS THE CONTRACTORS AND SERVICERS AND THE LAWYERS AND TITLE COMPANIES The Exact same Pack Of RATS from the Last Time ... THE S&L MAFIAS  That's WHO

    Large mortgage finance companies and banks made big bucks on sub-prime loans. Last year, 10 lenders -- Countywide, New Century, Option One, Fremont, Washington Mutual, First Franklin, RFC, Lehman Brothers, WMC Mortgage, and Ameriquest -- accounted for 59 percent of all sub-prime loans, totaling $284 billion.

    Wall Street investment firms set up special investment units, bought the sub-prime mortgages from the lenders, bundled them into "mortgage-backed securities," and for a fat fee sold them to wealthy investors around the world. According to The New York Times, China's second-largest bank, Bank of China Ltd, held almost $9.7 billion of securities backed by U.S. sub-prime loans. These investors, who bought the collateralized securities, were happy as long as they got paid their higher interest on the bonds or other investments.

    With the bottom falling out of the sub-prime market, more than 80 mortgage companies went under in the past six months. Major Wall Street firms took billion-dollar losses as the crisis ripped into foreign money markets, from London to Shanghai. Lehman Brothers underwrote $51.8 billion in securities backed by sub-prime loans in 2006 alone; as of September, 20 percent of those loans were in default, the Times reported. Similarly, about one-fifth of the sub-prime loans packaged by Morgan Stanley, Barclays, Merrill Lynch, Bear Stearns, Goldman Sachs, Deutsche Bank, Credit Suisse, RBS, Countrywide, JP Morgan, and Citigroup are 60 or more days delinquent, in foreclosure, or involve homes that have already been repossessed.

    The executives and officers of some mortgage finance companies cashed out before the market crashed. The poster boy is Angelo Mozilo, the CEO of Countrywide Financial, the largest sub-prime lender. He made more than $270 million in profits selling stocks and options from 2004 to the beginning of 2007. And the three founders of New Century Financial, the second largest sub-prime lender, together realized $40 million in stock-sale profits between 2004 and 2006. Paul Krugman reported in The New York Times that last year the chief executives of Merrill-Lynch and Citigroup were paid $48 million and $25.6 million, respectively.

     

    Ex-convicts active in mortgage fraud

    During Florida's housing boom, state regulators allowed thousands of mortgage professionals with criminal records into the industry -- costing consumers millions.

    http://www.marketoracle.co.uk/Article23444.html

    THE VERY BEST ELECTIONS ARE PAID FOR

     

    The Best Government MONEY CAN BUY

     

     

    Seems The BLACK OP Secret Wars have left a MONEY TRAIL

    CHARLIE WILSON's WAR .... WHAT A CROCK OF SHIT

    Remember IRAN CONTRA and Secret Black Op Wars

    The best way to rob a bank is to own one: how corporate executives ... - Google Books Result William Kurt Black - 2005 - Business & Economics - 329 pages A big fish started the land flip by selling a piece of undeveloped ... The developer was part of a fraud, and he made money in several different ways. ... books.google.com/books?isbn=0292706383...
     
    FAVORITE S&L FELONIES - November 5, 1990 Nov 5, 1990 ... Land flips:The fraudulent inflation of a property's value through ... David Mason III 59, a director at the Bank of Amadore in .... of fraud including schemes to raise money through a land flip and fraudulent loans. ...
    money.cnn.com/magazines/.../index.htm - Cached - Similar - Add to iGoogle
     
    FORUM: Housing debacle opens up squatting opportunities Oct 25, 2010 ... The 28-square-mile illegal subdivision in the desert of ... created a labyrinth of unrecorded roads and rights-of-way that criss-cross each ...
    www.nctimes.com/.../article_d95f212d-0937-5c18-aa4d-0b58070f0696.html - Cached
     
    931 F.2d 900 by Court of Appeals, 10th Circuit - 1991 - Related articles
    Under state law, a subdivision is defined as "the division of a tract, .... shall be considered prima facie evidence of the illegal subdivision of land and ... Section 4-3-52 provides that one who sells property within an unrecorded and ...
    ftp.resource.org/courts.gov/c/.../931.F2d.900.88-2384.html - Cached

    Judson Witham : Construction Supervisor and Author from Lake George NY. Provided enormous amounts of information to Texas Newspapers the major television networks like the Conroe Courier, Houston Chronicle and Houston Post about LARGE SCALE Land Subdivision and Bank / S&L Lootings during the 1980s. See Houston Chronicles Archives on Illegal Subdivisions, Colonias as well as bank and S&L Lootings see Houston Chronicle Listings

    Accord puts streets on road to recovery http://www.chron.com/CDA/archives/archive.mpl?id=1988_522430 CATHY GORDON : Staff CONROE - In the Southern Pines subdivision east of here, gone are the signs "Slip `N Slide Drive," "Dip `N Dive Lane" and "Rub Board Road." 02/12/1988

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Developers facing county crackdown CATHY GORDON : http://www.chron.com/CDA/archives/archive.mpl?id=1987_471171 Staff Homes resembling shacks border its pothole-riddled dirt roads. 06/23/1987

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Investors mired in muddy mess of sub... CATHY GORDON : Staff We have potholes big enough to park in." Resident Donna Meeks said she, too, is tired of the potholes. 06/22/1987

    Resident's crusading `fans fire'/Subdivision's critic outlines difficulties CATHY GORDON :

    Staff http://www.chron.com/CDA/archives/archive.mpl?id=1987_471041 I about know them by heart," Witham proclaims, measuring the pothole's depth with a fallen twig. He exhibits pictures of potholes in Pinewood Village, their widths and lengths duly noted. 06/22/1987

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Homeowners handle property woes CATHY GORDON : Staff http://www.chron.com/CDA/archives/archive.mpl?id=1987_470841 06/21/1987

      DID THEY SAY LAND / REALTY BASED BANK AND WALLSTREET LOOTING SCHEMES ?  








     
    Watchdog: Bailouts created more risk in system

    Can You Say Flim Flam
    How FAKE PAPER WORKS - PONZI 101
    To: PublicRelations@ThePatrickHenryCaucus.org
    http://www.globalsecuritieswatch.org/DOJ_Antitrust_Complaint

    Try telling all the Gun Owners In America they have to turn in their Real Guns ..... for Paper Ones

    No State -  NONE OF THEM

    Art 1 Section 10  US Const - Powers prohibited of States

    No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainderex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

    ONE MASSIVE PONZI CON

    Wall Street's Bailout Hustle

    CIA and THE SWISS BANKSTERS STRIKE AGAIN ... ANDREW CUMO ... "THE USB - TEXAS - Goldman Sachs - MORGAN STANLEY MOB"
     

    The Paper Land Con - Land Speculation - Paper Land Development and ... 
    Jul 19, 2009 ... The Paper Land Con - Land Speculation - Paper Land Development and Bank Looting 101. BANK LOOTING AND LAND FLIPPIN DAISY CHAINS AND HOW WALL STREET WAS ROBBED FROM THE INSIDE AND LOTS MORE ... 
    https://sites.google.com/site/thegreattexasbankjob/.../the-paper-land-con - Cached
     

     

     
     
     

    Goldman Sachs and other big banks aren't just pocketing the trillions we gave them to rescue the economy - they're re-creating the conditions for another crash

     
    Those Were Some Title Policies At Pinewood Vlg Huh Nelda Luce Radabaugh Blair
    Why It's Montgomery County Asst. Attorney, CNN's, FATCO's Woodlands Township Attorney Nelda Luce Radabaugh Blair
     
     

    The Federal and State Governments were fully aware, fully involved and GETTING RICH TO

    through conspiracy with the CROOKS ..."Lax Enforcement"   Oh Bull Shit  Hello Boys

    FDIC  Responds To Real Numbers Of Banks That Have Failled

    Janice S. Hearn

    Manager, Customer Service
    Federal Deposit Insurance Corporation

    Dallas, TX

    jhearn@fdic.gov

    972.761.8635 Office

    http://sites.google.com/site/thegreattexasbankjob/the-guvmint-knew-full-well   

    http://sites.google.com/site/thegreattexasbankjob/land-fraud-american-style

    http://sites.google.com/site/thegreattexasbankjob/Home/the-dark-underbelly-of-mortgage-fraud

     
     
     

    The Continuing "TWISTED" Saga of "The Looting of America" (The ... Expose' on Massive Bank, S&L, Mortgage and Wall Street Crimes.
    sites.google.com/site/thegreattexasbankjob/ - Cached

    The Catbird Seat The Continuing "TWISTED" Saga of The Looting of America! The Vultures that Ate my Bed and Breakfast! Connecting the dirty dots to the Puna Connection! ... www.kycbs.net/

    IT'S ALL IN THE REALTY "REMOVED FROM THE TAX ROLLS"  AND GIVEN "TAX EXEMPT" S TATUS ... HELLO THE PUBLIC ROWS !!   JW
    The Power Behind The Throne

     

     

     
     
    Despotism sits nowhere so secure as under the effigy and ensigns of freedom ..... Walter Savage Landor
     
     
     
     
     
     
     
     
     
    WHAT INVESTIGATION FILES IN WTC 7

    --- On Thu, 5/13/10, Jud Witham <jurisnot3@yahoo.com> wrote:

     
     
    OR BANKSTER CONSPIRACIES ????
     
     
     

    Report: Developers owned almost all troubled S&Ls

    Intertec: Big deals, big names and very big problems/Cries of forgery and fraud fly as well-connecte...  JAMES DRUMMOND, MARY C. BOUNDS : Staff  It would have been insane for anybody from Intertec to have done that," he said of the questioned signatures.  01/17/1988

    TEXAS LAND COMMISSIONER

    Gary Mauro Mr. Intertec

    was on board for BOTH Clintons

    Fraud `epidemic' cited in bank, S&L failures

     
    FACT IS ... IF you look at the HARD COLD FACTUAL Links to the PONZI cons all throughout the investigative research I and others have done YOU WILL UNDERSTAND THAT .... if you take a 500 acre TRACT (Singular) of undeveloped land with ONE TAX BILL and devided into 475 ONE ACRE lots with 475 Tax Bills minus the Roads or Streets and Drainge Areas ... THE COUNTIES get MORE per acre SUBDIVIDED that if the parent tract remains as ONE BIG PIECE of Undeveloped Land.  ADD to this mix a PILE of new House OR Mobile Homes MODULARS and you get Significantly Increased TAX REVENUES and such is the MOTIVE or Common Nexus Of Operative FACTS in these RICO matters.  The COUNTIES where all these ILLEGAL PRACTICES have gone on ARE directly and materially INVOLVED as ACCESSORIES.....ie MISPRESSION OF FELONIES
     
    Succinctly stated the States (Political Subdivisions the Counties) reaped significant INCREASED Tax Revenues from PLAYING BALL with the CROOKED Developers and Banksters.
     

    After the land bust of 1926 and the Wall Street crash of 1929 the 1930s and early 1940s saw little real estate development activity in Florida

    Many of the 1960s “developments” are ghost subdivisions that exist only on paper

    Friggens, Beware the Ranchero Racketeer, READER'S DIGEST, Jan. I963, at 84, 86, reprinted in Hearings on Frauds and Quackery, pt. 2, at 202, 204. I968] http://www.jstor.org/pss/1339306  


     
    Beware the I "IS" A Ranchero Racketeer

    Charles Keating & Lincoln's PAPER SUBDIVISIONS

    Every Arizona county and hundreds of thousands of trusting land purchasers were victimized by the rampant land  scams of the 1960's.

    PONZI CONS Deep In The Heart Of Texas and AZ, NM, Utah, Florida, California, Montana, ARKANSAS .... Thanks HILL and BILL N Company and on and on and on ...... Madoff is JUST A PIKER Proffessor Black .... a little FISH in a VERY BIG POND !!!!    JW

    --- On Thu, 9/3/09, Jud Witham <jurisnot3@yahoo.com> wrote:

    Time Magazine Monday, Jun. 28, 1976

    THEY FINALLY GOT ME...Don Bolles as he lay dying

    Observed one high-ranking Arizona official: "You cannot have the sort of systematic fraud and swindling that we have without the complicity of some top business and political figures." 
     

     
     
     
     

    Every Arizona county and hundreds of thousands of trusting land purchasers were victimized by the rampant land  scams of the 1960's.

    PONZI CONS Deep In The Heart Of Texas and AZ, NM, Utah, Florida, California, Montana, ARKANSAS .... Thanks HILL and BILL N Company and on and on and on ...... Madoff is JUST A PIKER Proffessor Black .... a little FISH in a VERY BIG POND !!!!    JW

    --- On Thu, 9/3/09, Jud Witham <jurisnot3@yahoo.com> wrote:

    Time Magazine Monday, Jun. 28, 1976

    THEY FINALLY GOT ME...Don Bolles as he lay dying

    Observed one high-ranking Arizona official: "You cannot have the sort of systematic fraud and swindling that we have without the complicity of some top business and political figures."

    DID HE SAY BANK LOOTINGS AND WEAPONS TRAFFICKING

     

     
     

    Joe Zernik  -  Los Angeles County, in Sunny California  -  We own the "C" in Corruption. 

    Cat-Birds Got To LUV THEM

    FBI SAYS California the HOTEST-BED of Mortgage Fraud

       

    The Money Masters - How International Bankers Gained Control of America

    Bubbles for the Sheeple...Billions For The Bankers

     
     

    Search Results

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    AP - The cascade of bank failures this year surpassed 100 on Friday, the most in nearly two decades. And the trouble in the banking system from bad loans and the recession goes even deeper than the number suggests.

    THE NATURE OF THE CLINTONIAN LAND CONS ... AN ARIZONA PERSPECTIVE

    Dedicated To FDIC lawyers Sewell & Riggs, the Rose Lie Firm, Hill & Bill, Dubbya and Alberto, FDIC's "KAT" Woolford, Jim Wright of the FDIC Legal Office in Houston Texas and Jim Clark Federal Bank Examiner, Brian Quig, Don Bolles, JIM DOZIER and FRANK BASS, STEVE McKEATHEN and Nelda Luce Radabaugh Blair, US Magistrate Lingo Platter, US District Judges James DeAnda, Lynn Hughes and Lee Rosenthal, TX AG Mark White, Jim Mattox, Dan Morales, John Cornyn and Gregg Abbott AND ALL THOSE FAMILY and FRIENDS who believed in me  ( NOT THE ONES WHO DID'NT)   ..........The Cat-Birds you gotts LOVE THEM ... those Millions Of Victims and ALL those  WITH THE Big KAHUNAS to write and speak out about these MASSIVE CRIMES ....  Judson Witham  - Swamp Jud Son Of The Swamp Fox

    The Most Corroborated Site On Financial Crimes ... The Bible On The Art of the "DIRT ROAD"  LAND CON ... Thanks Hill & Bill

     
     
     
     
    Dear State Of Texas
     
     
     
     
     
     
    "We can summon once more that ordinary goodness of America, to serve our communities, to strengthen our country and to better our world,"
     
     
      
     
    Learn About That Which Is Used To Enslave You Here
     
     
     
    FACT IS ... IF you look at the HARD COLD FACTUAL Links to the PONZI cons all throughout the investigative research I and others have done YOU WILL UNDERSTAND THAT .... if you take a 500 acre TRACT (Singular) of undeveloped land with ONE TAX BILL and devided into 475 ONE ACRE lots with 475 Tax Bills minus the Roads or Streets and Drainge Areas ... THE COUNTIES get MORE per acre SUBDIVIDED that if the parent tract remains as ONE BIG PIECE of Undeveloped Land.  ADD to this mix a PILE of new House OR Mobile Homes MODULARS and you get Significantly Increased TAX REVENUES and such is the MOTIVE or Common Nexus Of Operative FACTS in these RICO matters.  The COUNTIES where all these ILLEGAL PRACTICES have gone on ARE directly and materially INVOLVED as ACCESSORIES.....ie MISPRESSION OF FELONIES
     
    Succinctly stated the States (Political Subdivisions the Counties) reaped significant INCREASED Tax Revenues from PLAYING BALL with the CROOKED Developers and Banksters.

    See The Great American Land Bubble

    The Amazing Story of Land-Grabbing, Speculations, and Booms from Colonial Days to the Present Time

    by  A. M. SAKOLSKI
    ASSISTANT PROFESSOR OF FINANCE
    COLLEGE OF THE CITY OF NEW YORK

    HARPER & BROTHERS PUBLISHERS
    NEW YORK AND LONDON  1932

    Investing in Raw Land - Financial Web

     
    Efficiency in the American context often Includes expeditious profit making, and when profits are made on land, a fifth historical-geographic process in nation making comes to the fore—land speculation. Indeed, it may be that the single most important process in understanding the settlement geography of the United States involves the obtaining, holding, and selling of land as a commodity
     
     

    Will subdividing my property increase the value?  Yes it can!

    landWatch: Subdivision Profitability

    SOME HISTORICAL PERSPECTIVE

    Land Development and Speculation

    Source

    Western Promises. As Americans turned their thoughts toward restoring a peacetime order after the end of the Revolution, many expressed optimism about their economic future. The most significant resource backing their hopes was land, which Americans had in abundance. Thomas Jefferson captured this feeling when he wrote in Notes on the State of Virginia (1787) that the immensity of land in the West would enrich those who farmed it as well as preserve a republic in vigour. Some of the most significant political and military events of the era were directed toward securing control over land, and they left the United States in 1815 as one of the largest countries in the world. In 1783 the Treaty of Paris ended the Revolution and gave the United States control over all the land north of Florida, south of the Great Lakes, and east of the Mississippi River. This huge area was almost doubled in 1803 with the purchase of the Louisiana Territory from France for $15 million. This moved the western boundary to the Rockies and assured control over the Mississippi River valley, the main transportation artery for the continental interior. Land was a crucial factor for the people interested in securing a stable government in the United States. Many saw it as the best way to finance the new government, which could sell the land it controlled. It was thus a resource for paying off the new countrys war debts, although it was necessary first for the federal government to assert its control over this area. There were competing claims. Although Britain had ceded its claims, the trans-Appalachian Indian tribes occupying the West had not, and the American government fought almost constantly to remove them from the course of white western settlement. Some of the government land was claimed by Revolutionary War veterans, who had been paid for their service with claims on land rather than cash. The rapid growth of emigration to the West after the end of the war threatened to undermine the governments efforts to profit from the orderly development of the area. George Washington recognized this, writing in 1784 to Richard Henry Lee, the president of the Congress, that the spirit for emigration is great, people have got impatient, and tho you cannot stop the road, it is yet in your power to mark the way; a little while and you will not be able to do either.

    State Rivalries. Among the most complicated problems for land development were conflicting claims by many of the original states to western territory. Land claims were only one way the states competed with each other, especially before the Constitution gave the central government more authority over interstate matters. Before that time, the states not only taxed foreign trade but put up trade barriers against each other. They also refused to honor currencies issued in other states. Rival territorial claims were so important, however, that they threatened to destroy the union even before it started. Massachusetts, Connecticut, New York, Virginia, North Carolina, South Carolina, and Georgia all claimed land as far west as the Mississippi, based on the original royal charters establishing the colonies. States without such claims, particularly Maryland, refused to ratify the Articles of Confederation until the larger states gave up their claims. Virginias claims were the largest, and it was their cession to the United States in 1781 that allowed the Articles to be ratified. Congress only accepted the cession in 1784, however, as competing claims from various land companies that had invested in western property were settled. It was only then that a national domain was formed. The disposition of that land would be a problem for years to come.

    WESTERN TRADE

    The American author Washington Irving, best known for the story of Rip Van Winkle, wrote in 1836 an account of life in the Pacific Northwest before the War of 1812 at the request of John Jacob Astor, who controlled the fur trade there. It included this description of the fur trade to China:

    The last voyage of that renowned but unfortunate discoverer, Captain Cook, had made known the vast quantities of the sea otter to be found along [the Pacific] coast, and the immense prices to be paid for its fur in China. It was as if a new gold coast had been discovered. Individuals from various countries dashed into this lucrative traffic, so that in the year 1792, there were twenty-one vessels under different flags, plying along the coast and trading with the natives. The greater part of them were American, and owned by Boston merchants. They generally remained on the coast, and about the adjacent seas for two years, carrying on as wandering and adventurous a commerce on the water as did the traders and trappers on land. Their trade extended along the whole coast from California to the high northern latitudes. They would run in near shore, anchor, and wait for the natives to come off in their canoes with peltries. The trade exhausted at one place, they would up anchor and off to another. In this way they would consume the summer, and when autumn came on, would run down to the Sandwich Islands and winter in some friendly and plentiful harbor. In the following year they would resume their summer trade, commencing at California and proceeding north; and, having in the course of the two seasons collected a sufficient cargo of peltries, would make the best of their way to China. Here they would sell their furs, take in teas, nankeens, and other merchandise, and return to Boston, after an absence of two or three years.

    Source: Washington Irving, Astoria, volume 1 (Philadelphia: Carey, Lea, & Blanchard, 1836), pp. 3233.

    Western Growth. Once they were secured as part of the United States, the western territories began to grow rapidly. The first national census in 1790 revealed that 120, 000 people already lived beyond the Appalachians. By this time Congress had provided for this growth with two ordinances that represent the most significant achievements of the United States government under the Articles of Confederation. The first was the Land Ordinance of 1785, which set up a system for surveying and selling the public land of the Old Northwest. The area north of the Ohio River was to be systematically surveyed and divided into townships of six miles square, each with thirty-six sections of 640 acres, which were to be auctioned off at a minimum of one dollar per acre. Some land would be reserved for public benefit, including mineral deposits, and one section in each township was reserved for maintaining a public school. The Northwest Ordinance of 1787 provided for a government for the territory north of the Ohio River, allowing for subdivision of the entire area into from three to five smaller territories each of which would eventually become a state. Territories were to be under congressional government until the population reached sixty thousand, when they could apply for statehood. Finally, slavery was banned in this area. Ohio was the first state admitted under this process, on 1 March 1803.

    Speculation. Although the Northwest Ordinance was designed for selling farms to individual settlers, these accounted for a small proportion of early western land sales. Surveying was expensive and went slowly at first, and the first sale of land, in the fall of 1787, brought in less money than Congress had hoped. In an effort to realize quicker and larger profits, Congress began to sell large tracts to speculative land companies, who would also take over the cost of surveying and selling the land to individuals. This continued the practice of colonial times, when Britain had often made large land grants to individuals or companies who would turn around and sell the land in smaller plots for a profit. Selling and reselling land was a principal economic activity in early America, so much that in many areas the government post of surveyor was widely sought after for the profits a man could make. The speculators of the 1780s received very favorable deals from the government with the help of Congressmen and other government insiders who were investors in the land companies. The Ohio Company of Associates bought one million acres for less than ten cents an acre, as did the Scioto Company and others. The government continued to try to get land into the hands of individuals, but the influence of the speculating companies increased with time. For example, Washington appointed Rufus Putnam, the chief representative of the Ohio Company, as the Northwest Territorys surveyor-general in 1796, and the secretary of the territory, Winthrop Sargent, was one of the companys original organizers.

    Reform . The Land Law of 1800 brought some reform. Congress established four land districts, each with its own land office, so sales of land could be conducted on the spot, instead of in Washington. Credit arrangement could also be made under the new law, passed partly at the prompting of the Northwest Territorys congressional delegate, future president William Henry Harrison. It was also supported by Albert Gallatin, soon to become secretary of the treasury and responsible for overseeing land sales. Gallatins twelve-year tenure saw the rapid settlement of the entire Northwest Territory and the extension of the principles of land development into the area of the Louisiana Purchase. Despite reforms, the surveying and sale of land was marked by delay and fraud. There were frequent turnovers of surveyors, and most land office administrators were themselves speculating in land. The calculation and collection of sale prices were complicated by the many different currencies circulating at the time, and there were constant conflicts over prior land claims and the purchase and theft of lands from Native Americans. There was also intense pressure to sell land as quickly as possible in order to raise money for the government, especially after the beginning of the Embargo of 1807, which drastically reduced receipts from import taxes. Even with these difficulties, by the time the War of 1812 began, the government had sold more than four million acres for over $8, 500, 000. Sales remained strong even during the war, despite frontier conflicts with Indians and British troops.

    Yazoo Land Claims . Western land speculation gave rise to one of the most important judicial decisions in the early national era, one with far-reaching effects on Americas commercial development. In 1795 the Georgia legislature sold large areas of land along the Yazoo River in what is today Alabama and Mississippi to several land companies. The companies got thirty-five million acres for less than two cents per acre. Bribes and other frauds were at the heart of these sales, and they were rescinded by a new legislature in 1796. There were several legal challenges before the case reached the Supreme Court in 1810. The court upheld the original sales, despite all the accusations of fraud, and maintained that a later legislature could not undo the work of the earlier one. This was an important statement of the sanctity of contract rights and did much to stabilize commercial transactions in early America. The land business, even when fraudulent, was a symbol of the economic growth facing the new nation.

    Source

    Malcolm J. Rohrbough, The Land Office Business (New York: Oxford University Press, 1968).

     
     

    WHAT IS REAL MONEY REALLY ???

    see http://www.fame.org/NotableQuotes.asp

    "The powers of financial capitalism had a far-reaching plan, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole...Their secret is that they have annexed from governments, monarchies, and republics the power to create the world's money..." THE MONEY MASTERS is a 3 1/2 hour non-fiction, historical documentary that traces the origins of the political power structure that rules our nation and the world today. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money. The development of fractional reserve banking practices in the 17th century brought to a cunning sophistication the secret techniques initially used by goldsmiths fraudulently to accumulate wealth. With the formation of the privately-owned Bank of England in 1694, the yoke of economic slavery to a privately-owned "central" bank was first forced upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day. Nation after nation, including America, has fallen prey to this cabal of international central bankers. Segments: The Problem; The Money Changers; Roman Empire; The Goldsmiths of Medieval England; Tally Sticks; The Bank of England; The Rise of the Rothschilds; The American Revolution; The Bank of North America; The Constitutional Convention; First Bank of the U.S.; Napoleon's Rise to Power; Death of the First Bank of the U.S. / War of 1812; Waterloo; Second Bank of the U.S.; Andrew Jackson; Fort Knox; World Central Bank; Loose Change 911 truth police state globalists NWO New World Order Federal Reserve Alex Jones Aaron Russo America From Freedom To Fascism zionist IMF BIS John Perkins 911 911 Globalism bilderberg Rothschild Rockefeller Schiff Warburg illuminati bohemian grove idi amin freemason Also recommended:

    "Firewall: In Defense of Nation State"  http://video.google.ca/videoplay?docid=8415519765816415310 

    Video news on "Federal Reserve": http://newstree.org/search.jsp?query=Federal+Reserve&hp=10&s=Video&vx=1

    We Shall Not Perish For Lack Of Knowledge

    The ARIZONA and FLORIDA ROOTS of the Clintonistas DIRT ROAD LAND CONS LAND

     
    SEC MAKING WHOOPY WITH MADDOFF & MANY OTHERS

    Many of the 1960s “developments” are ghost subdivisions that exist only on paper

    Charles Keating & Lincoln's PAPER SUBDIVISIONS

    Brian Quig and Don Bolles Great Americans

    A majority of colonias have dirt roads and no surface draining systems.

    FINANCIAL TACTICS ASSOCIATED WITH LAND &  BANK LOOTINGS  AND PONZIS

    Beware the Ranchero Racketeers

    WE "IS" DIRT DEALING  PONZIS

    Friggens, Beware the Ranchero Racketeer, READER'S DIGEST,

    Jan. I963, at 84, 86, reprinted in Hearings on Frauds and Quackery,

    frontline: once upon a time in arkansas: Fool for Scandal  Fool for Scandal: How the 'Times' got Whitewater wrong ... All this over a failed $ 200000 dirt-road real estate deal up in Marion County and a ..... An article on March 18 about Hillary Rodham Clinton's commodity trades misstated ... www.pbs.org/wgbh/pages/frontline/shows/arkansas/whitewater/lyonsarticle. html - 48k - Cached - Similar pages  

    Once Upon A Time In Arkansas..doing the DIRT DEAL DEALING CRIMES
     

    http://www.dailyfinance.com/2009/09/02/bailout-barons-make-millions-as-workers-lose-jobs/

    (LAND FRAUD) CRIME: They Finally Got Me'

    Time Magazine Monday, Jun. 28, 1976
     

    Observed one high-ranking Arizona official: "You cannot have the sort of systematic fraud and swindling that we have without the complicity of some top business and political figures."

    HILLARY NOT AGAIN !!! 

    Behind Clinton Backer’s Arrest:  a Bipartisan, International Affair

    frontline: once upon a time in arkansas: Jim Clark's Testimony Clark currently is employed as a commissioned national bank examiner for the ... In 1986, Clark was a senior examiner for the Federal Home Loan Bank of Indianapolis. ...pbs.org/wgbh/pages/frontline/shows/arkansas/castle/clarktestimony.html - Cached

    The Special Committee's Whitewater Report Mr. Clark testified that in his 20 years as a bank examiner, Madison Guaranty ... 724 This was the first time the Arkansas Securities Department was asked to ... whatreallyhappened.com/RANCHO/POLITICS/WW/white21.html - 106k - Cached
     
     
     
    Good Old Montgomery County, Conroe Texas  home of more than 635 Clintonista, Quapaw Title, Madison S&L Styled Illegal, Unrecorded, Paper, Wildcat, COLONIAS STYLE  Dirt Road Land Fraud Conspiracies
     
     
    also see

    Beware the "CLINTONS"  IS Ranchero Racketeers

    Report: Developers owned almost all troubled S&Ls

    Campaign for Liberty

    After the land bust of 1926 and the Wall Street crash of 1929 the 1930s and early 1940s saw little real estate development activity in Florida

    Many of the 1960s “developments” are ghost subdivisions that exist only on paper

    JSTOR: Regulating the Subdivided Land Market

    Friggens, Beware the Ranchero Racketeer, READER'S DIGEST, Jan. I963, at 84, 86, reprinted in Hearings on Frauds and Quackery, pt. 2, at 202, 204. I968] http://www.jstor.org/pss/1339306  

    Fraud `epidemic' cited in bank, S&L failures

     
    Beware the I "IS" A Ranchero Racketeer

    Charles Keating & Lincoln's PAPER SUBDIVISIONS

    The ARIZONA and FLORIDA ROOTS of the Clintonistas DIRT ROAD LAND CONS

    Every Arizona county and hundreds of thousands of trusting land purchasers were victimized by the rampant land  scams of the 1960's.

    PONZI CONS Deep In The Heart Of Texas and AZ, NM, Utah, Florida, California, Montana, ARKANSAS .... Thanks HILL and BILL N Company and on and on and on ...... Madoff is JUST A PIKER Proffessor Black .... a little FISH in a VERY BIG POND !!!!    JW

    Time Magazine Monday, Jun. 28, 1976

    THEY FINALLY GOT ME...Don Bolles as he lay dying

    Observed one high-ranking Arizona official: "You cannot have the sort of systematic fraud and swindling that we have without the complicity of some top business and political figures."

    DID HE SAY BANK LOOTINGS AND WEAPONS TRAFFICKING

     
    AP IMPACT: Dodd, Conrad told deals were sweetened...well the SLUTS KNEW OF COURSE THEY DID !!!
     
    WARNING DANGER CRITICAL FOR YOU AND YOUR FAMILY

    US financial market bailout tab hits $4.7 trillion

    the government's maximum exposure could total nearly $24 trillion, or $80,000 for every American.

    Obama Administration Involved In Mass Coverup

    SOLD OUT...YAH THINK   

    Bush Cheney N Company OUT OF CONTROL

    FOLLOW THE MONEY
    http://wallstreetwatch.org/reports/sold_out.pdf

     Follow The Looted Trillions at THE CATBIRD'S NEST

    Phony Front Companies Cycle Millions to GOP! House Staffer, TOM DELAY

    WE DID "ABSOLUTELY" HAVE SEX WITH THOSE BANKS and S&Ls
    The DIRT DEALERS OF THE DIRT ROAD SUBDIVISIONS
     
     
     
    LAND FLIPPIN yeah man IN FLIPPIN you know by Yelleville ARK
     
     
     
     
    Did You Say Hundreds Of Billions Even Trillions Are Missing ?
     
    You Know The McDougal. Web Hubble, Guy Tucker, Vince Foster
    CLINTON DAISY CHAIN.....Sub-Slime "Dirt Road"  LAND CONS
     
     
    frontline: once upon a time in arkansas: tapes & transcripts  PETER BOYER: Once upon a time in Arkansas, a local wheeler-dealer had a vision .... his hand to land developing-- "dirt dealing," as they say in Arkansas. ... www.pbs.org/wgbh/pages/frontline/.../arkansas/etc/script.html - Cached - Similar
     
    frontline: once upon a time in arkansas: press reactions  "The one drawback to "Once Upon A Time In Arkansas" is its reliance on photos ... might want to bury even deeper than the details of McDougal's "dirt" deals. ... A major reason: The financial wheeling and dealing is too tangled for the ... www.pbs.org/wgbh/pages/frontline/.../arkansas/etc/press.html - Cached - Similar
     
    Follow The Looted Trillions at THE CATBIRD'S NEST 
     
     
     
     
     
     
     
    DID You Say SUB-SLIME Loans and sub-slime "DIRT ROAD" Land Developments

    Land Speculation LIKE the Whitewater, Castle Grande, Maplewood Farms and that WE exposed in ARIZONA, FLORIDA, TEXAS, CALIFORNIA, PENNSYLVANIA, NEW MEXICO etc., et al

     
     

    FACT IS THE GIANT SUCKING SOUNDS THAT ROSS PEROT

    WAS HEARING WAS ALL THOSE HUNDREDS OF BILLIONS

    BEING SUCKED OUT OF TEXAS S&Ls and BANKS 

    Judson Witham

    View these story online at:   http://www.alternet.org/story/141163/

    What Does Bill Moyers & Professor William Black say

    Shared with everyone in the world   Expose' on Massive Bank, S&L, Mortgage and Wall Street Crimes
     
     
    Matt Taibbi's, Rolling Stone's & Judson's etc. Et Al Screams: Stop the Political System That Has Let Goldman Sachs and many others Fleece the US and other Nations for more than 100 Years....

    Who's Behind The Meltdown

    By Rob Johnson, AlterNet

    Posted on July 8, 2009, Printed on July 8, 2009
    http://www.alternet.org/story/141163/

    I hold my hands in front of me to block my line of sight

    It seems my eyes are growing tired of staring in the light
    The more I see the more I feel the less I want to know
    Because if you think to much you'll blow your mind
    You might just lose control and scream
     
    -Lyrics to "Scream," by Seven Nations (Kirk McLeod)
     
    In Matt Taibbi's vivid and provocative new article in Rolling Stone, "The Great American Bubble Machine," the man absolutely screams. Evoking the image in Edvard Munch's famous Norwegian painting, Taibbi sounds the alarm to American readers as he explores the sordid story of Goldman Sachs and Co. Tracing 90 years of political and market history, Taibbi colorfully describes the firm headquartered at 85 Broad Street as: "a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money."
     
    View this story online at: http://www.alternet.org/story/141163/
     
     
    Title Opinions Lenders Title Insurance Fraud
    Fraudulent Appraisals....Did He Say FATCO 
     
     
    The FBI has created 34 Land/Mortgage Fraud Task Forces throughout the U.S.
    Yeah Witham is a BIG NUT
     
    What's Really Funny is the FACTS are the FACTS but the GUVMINT ignores them...because THEY ARE DIRECTLY INVOLVED
     
    The Great Texas Bank Job    Shared with everyone in the world  Expose' on Massive Bank, S&L, Mortgage and Wall Street Crimes
     

    Intertec: Big deals, big names and very big problems/Cries of forgery and fraud fly as well-connecte...  JAMES DRUMMOND, MARY C. BOUNDS : Staff  It would have been insane for anybody from Intertec to have done that," he said of the questioned signatures.  01/17/1988

    The Clintons long Time Buddy and Campaign Manager Banking at Judson's Western Bancorporation "IMAGINE THAT"

    TEXAS LAND COMMISSIONER  Gary Mauro Mr. Intertec

    was on board for BOTH Clintons as Campaign Manager

     
    THE CASTLE GRANDE DEAL
     
    WE DID ABSOLUTELY HAVE SEX WITH THAT  S&L
       
    Beware the Ranchero Racketeers
     
     
    Remember Whitewater? The Place Is Still There - New York Times  Land Flippin, right down the road there is Yellville, Dogpatch, Gassville, ... AMERICAN JOURNEYS | Land Flippin, Ark.; Remember Whitewater? ... travel.nytimes.com/2007/04/20/travel/escapes/20american.html

    Land Speculation LIKE the Whitewater, Castle Grande, Maplewood Farms and that WE exposed in ARIZONA, FLORIDA, TEXAS, CALIFORNIA, PENNSYLVANIA, NEW MEXICO etc., et al

     

    Like Those of ARIZONA FAME 

    THE KING OF THE LAND CONNERS

    Imagine Such a thing a KING of Land Cons !!! 

    An "RV" King 

    http://www.google.com/search?hl=en&q=La+Cour+Du+Roi%2C+Inc.+v.+Montgomery+County+Texas+698+S.W.2d+178+Tex.App.+Beaumont+1985&btnG=Search&aq=f&oq=&aqi=

    Cochise County Treasurer's Office

    Every Arizona county and hundreds of thousands of trusting land purchasers were victimized by the rampant land scams of the 1960's. Artist renditions showed trees and lakes with boating and all the modern facilities: streets, street lights, golf courses, a real piece of the American dream. The true picture was a section of dry Arizona deserts with no development whatsoever. Although Arizona has the reputation of being the worst in the nation, Florida was not far behind and many states had similar swindles take place during the same time period.
     
     
    Land fraud, bankruptcy, murder, suicide, incarceration and greed surround the history of Cochise College Park subdivision. Located in Cochise County, consisting of 2 phases of 12 units totaling 8,647 lots, it was the worst fraud in the state and possibly the Nation. The scenic lake at Cochise College Park was filled several times but never would hold water. They sold lots throughout the Midwest, Florida, Canada, across the United States and around the world. Some lots were sold twice. Some mortgages were sold twice. Many documents remain unrecorded today. Some owners never received their deed. Some received deeds but never received satisfaction of their mortgage. Some paid mortgages in full and received satisfaction of the mortgage only to learn the mortgage was sold and the second sale never recorded. The original mortgage is still on record at the County Recorder's office. They paid on an unrecorded mortgage. This story was repeated in various degrees across the State creating tangled subdivisions with many unbuildable lots.
     
     
    JUST "EXACTLY" LIKE ARKANSAS
     

     

    Beware the Ranchero Racketeers

     

    The Dirt Dealing "Red Flagger"  Land Flippers

     

    We Were Grande Flippers and Daisy Chainers

     

    Friggens, Beware the Ranchero Racketeer, READER'S DIGEST,

    Jan. I963, at 84, 86, reprinted in Hearings on Frauds and Quackery,

    frontline: once upon a time in arkansas: Fool for Scandal  Fool for Scandal: How the 'Times' got Whitewater wrong ... All this over a failed $ 200000 dirt-road real estate deal up in Marion County and a ..... An article on March 18 about Hillary Rodham Clinton's commodity trades misstated ... www.pbs.org/wgbh/pages/frontline/shows/arkansas/whitewater/lyonsarticle. html - 48k - Cached - Similar pages  

    See IRE Desert Rats...The Great Land Hustle and

     

    This BANK and MARKET, TREASURY LOOTING USING LAND SPECULATION goes back many, many decades...even to Britain and Europe BEFORE the Colonies - JW

     

    JSTOR: Regulating the Subdivided Land Market

    Friggens, Beware the Ranchero Racketeer, READER'S DIGEST, Jan. I963, at 84, 86, reprinted in Hearings on Frauds and Quackery, pt. 2, at 202, 204. I968] http://www.jstor.org/pss/1339306

     

    Fraud `epidemic' cited in bank, S&L failures

     

    Let's Play "WALLSTREET BAILOUT" The Rules Are... Rep Kaptur

     

    The FBI is convinced that the huge frauds are just the tip of the iceberg.

    MASSIVE LAND CONS AND BANK AND S&L LOOTINGS JUST A COUPLE BLOCKS FROM THE HOUSTONIAN ESTATES.....Hello Tom Hanks, Julia Roberts, Joanna KING Herring and BIG "H" Bush

    THE KING OF THE LAND CONNERS Imagine Such a thing a KING of Land Cons !!!  A King

     

     

    The Great Texas Bank Job    Shared with everyone in the world  Expose' on Massive Bank, S&L, Mortgage and Wall Street Crimes

    JUST IMAGINE 34 Land Fraud Task Forces  34 !!!!!

     
    Did You know That Most ALL the Iran Contra Figures were doing THE Bank and S&L Looting Thing To...huh Ollie 

          

    are very illegal, unconstitutional and amount to privately funded terrorism

    The SECRET Funding WAS The Banking and S&L

    Crimes and Looting of the 1980s

    Hello Mr. Green… Ms. Jane McLAUGHLIN..Tony “JA” Canales..UBS’s Phil Graham.. Robert L. Vickers….

    The BushCo Boyz..Robert Owen..Buffalo Air..and the GANG from Assembly Point…On Lake George NY

    HOW MANY TRILLIONS HAVE BEEN LOOTED ??

    Did He Mention The BILLIONS Squandered and Missing In Iraq

    THIS TIME !!!

    Blowback: Bin Laden, the CIA and US war against Afghanistan

    Charlie Wilson's War  ??  Big "H" Bush Lived In The Penthouse AT Houstonian WAKE UP

    The 1980s Bank and S&L’s, Enrons, World Coms, Fannie & Freddie,

    Lost Jobs, Massive Trade Deficits, Wars and ……

    The  “Continuing”  TWISTED Saga Of

    The Great Texas Bank Job

    Bank, Wall Street, S&L Looting "How It's Done"

    There exists a shadowy government with its own Air Force, its own Navy, its own fundraising mechanism, and the ability to pursue its own ideas of national interest, free from all checks and balances, and free from the law itself  .... Daniel K. Inouye

    YouTube - Re: Senator Daniel Inouye on the shadow government

     
     
    Wow the People Get BENT OVER A STUMP for what TRILLIONS to Bailout the ULTRA RICH contributors to the Publicans and Demon RATS but the Citizens get the TABLE SCRAPS...hey was'nt it those Ultra Rich Contributors to The PUBLICANS and DEMON - RATS that Looted the Banks, Pension Funds, S&Ls and Walls Street In The First Place
     

    Western Bank failures largest in city's history  

    CIA BANK Yes That's What He Said

    Hey That's JUDSON'S OLD BANK

    IMAGINE THAT

    This Is The CIA Bank Just A Couple Blocks From The BUSH SUITE atop the Houstonian Estates

     http://en.wikipedia.org/wiki/Charlie_Wilson's_War

     
     

    Savings and Loan scandal ..... Tip Of The Iceberg 

    Financial Coup De'eta, Take Over America

    S&L links CIA money laundering  more of The Houston Post's Pete Brewton's uncovering of CIA-MOB-S&L connections and the WESTERN BANCORPORATION HOUSTON ties to Charlie Wilson's ooops BIG H Bush's Secret Funding of the Taliban and Mujehedin...BIN LADIN N COMPANY 

    CIA Links to the Savings & Loan Scandal ....and IRAQ and AFGHANISTAN and IRANIAN WARS
    by Joseph A. Palermo

    The federal government is now just beginning to sift through the wreckage of what appears to be the largest crime in American history. The Office of Thrift Supervision, which oversees the nation's savings and loans, is barely able to record the collapse of over 1,300 financial institutions, let alone do anything to arrest it. Congress has done little to spotlight the full scope of the savings and loan fraud, even though it has estimated the cost to taxpayers will be $500 billion over the next 40 years. In other words, it will cost every American man, woman, and child at least $2,000 to pay for what "Time" magazine called "a decade-long orgy" of wild spending and speculation resulting in the establishment of government guarantees that "privatized profits and socialized losses." The Justice Department estimates that massive fraud caused the failure of 450 savings and loans seized so far by the federal government. It also estimates that it will take over five years to prosecute the 100 institutions on its priority list.

     
    Most of the money lost in S&L failures has yet to be traced to its ultimate destination.

     
    Worthless loans, kickbacks, false appraisals, and insider fraud have accounted for much of the misspent funds. Federal and congressional investigators who have the subpoena power to trace the money have shown little interest in doing so. Federal regulatory agencies have suffered enormous cutbacks in recent years as part of the Reagan-Bush legacy of deregulation, and are hopelessly understaffed and underfunded to take on a financial crisis of this magnitude. Most of the billions of dollars "lost" have been so expertly laundered or tied to assets through shell companies and off- shore banks that the Justice Department predicts that hundreds of cases will go unprosecuted. Criminal activity was the primary cause in the collapse of two of every five S&Ls that failed. A significant number of insolvent thrifts which could cost taxpayers as much as $75 billion have been linked to the activities of organized crime figures and CIA operatives.

     

    In a series of articles published in the "Houston Post" earlier this year, investigative reporter Pete Brewton unearthed numerous ties with the CIA, the Mafia, or both in the failure of at least 25 savings and loans, including 16 in Texas. Some of the players have also been involved in gun-running, drug- smuggling, money laundering, and covert aid to the Nicaraguan Contras. Fraud was the key factor in the failure of each of these S&Ls. Richard Brenneke, a CIA contract agent for eighteen years and a Portland, Oregon arms dealer, testified during a federal court trial in Denver in 1988 that the CIA effort to raise money for covert operations involves a number of schemes to siphon funds from financial institutions "at the expense of an insurance company," meaning the federal deposit insurance program. After the trial, Brenneke told the "Houston Post" that banking and S&L officials involved in such schemes were required to sign "secrecy agreements" with the CIA. Evidence obtained from court documents, sworn testimony, law enforcement records and interviews with government investigators and prosecutors suggests that the CIA may have used part of the proceeds from S&L fraud to help pay for covert operations and other activities that Congress was unwilling to support. Brewton following an 18-month investigation, also found evidence that the CIA may have intervened in criminal investigations involving agency operatives accused of S&L fraud. Lloyd Monroe, a former prosecutor with the Justice Department's organized crime strike force, said federal agencies responsible for investigating S&L fraud are "being precluded from investigating wrongdoing that is possibly being conducted in the name of national security." The former prosecutor said he was told by FBI agents to drop an investigation of one individual connected to bank failure because that individual had "CIA connections" and therefore held a "get-out-of-jail-free card." A former FBI agent has corroborated the prosecutor's statements. Brewton's articles in the "Houston Post" eventually caught the attention of Rep. Frank Annunzio (D-IL) who chairs the financial institutions subcommittee of the House Banking, Finance and Urban Affairs Committee. The subcommittee has jurisdiction over all legislation affecting banks, thrifts, credit unions and the federal agencies that regulate them. Annunzio has asked CIA Director William Webster to appear before the panel in a closed-door session to address the evidence of CIA involvement in S&L fraud. But CIA Director Webster has refused to testify before Annunzio's subcommittee and the CIA has only provided vague denials of its involvement through its public relations office. In response to the allegations, CIA spokesperson Mark Mansfield said that S&L fraud "would be a violation of U.S. laws, and we do not violate U.S. laws." CIA Public Affairs Director James Greenleaf sent a letter to the "Houston Post" in response to Brewton's article of February 4, 1990, which first made the connection between the CIA and some failed thrifts, stating that "for the record, such a claim is not true; the CIA would not participate in fraudulent activities." Because CIA Director Webster refused to testify and because Rep. Annunzio's subcommittee staff is limited, Annunzio has asked Rep. Anthony Beilenson (who chairs the House Permanent Select Committee on Intelligence, which has jurisdiction over the CIA) to undertake a complete investigation of the various allegations involving the CIA and failed financial institutions. Annunzio wrote to Beilenson: "In the face of the billions of dollars that are being paid to protect depositors, we cannot allow any suggestion that the Central Intelligence Agency was behind the failure of any financial institution not to be investigated." Annunzio also wrote referring to the derailed criminal investigations, "I do not think a well-respected former justice Department prosecutor and a former FBI agent would make up something so serious as the CIA charges." The CIA has promised to "fully cooperate" with any investigation by the intelligence committee. If the intelligence committee decides to pursue a serious investigation, a number of connections between individual CIA operatives, organized crime figures, and failed financial institutions will have to be explored. For example, Robert L. Corson, a Houston developer connected with the fraud-related failures of several S&Ls, has been identified by a former CIA operative as a "mule," meaning that he carried large sums of unaccountable cash from country to country for the agency. The CIA would neither confirm nor deny whether Corson had a relationship with the agency, a common agency practice. Lawrence Freeman, a lawyer who helped engineer a fraudulent Florida land transaction that caused the collapse of two savings and loans, allegedly has ties to both the CIA and organized crime. Freeman, a twice-convicted money launderer, has ties to the CIA dating back to the early 1960s when he worked with the late Paul Helliwell. Helliwell was a top officer in southeast Asia in World War II with the Office of Strategic Services, the wartime predecessor of the CIA, and was a close associate of the late William Casey, Reagan's CIA director. Helliwell was a founding member of the CIA and participated in many covert operations including efforts to overthrow Cuban leader Fidel Castro. Freeman and Helliwell were senior partners in Castle Bank and Trust in the Bahamas during the early 1970s when it was used by the CIA and organized crime to launder money. Freeman pleaded guilty to laundering money for a convicted drug smuggler and was sentenced to three years in prison. He is now out on parole but is barred from practicing law. Freeman and Helliwell's Castle Bank and Trust folded in 1977, following Helliwell's death. According to journalist Jonathan Kwitny, the author of "The Crimes of Patriots," it was then that the CIA and the Mafia turned over their money laundering operations to the infamous Nugan Hand Bank in Australia and to companies in the English Channel tax haven of the Isle of Jersey. Freeman allegedly wired millions of dollars to shell companies on the island as part of the land transaction that played a role in the failure of two thrifts. Some of the money from this deal may have been diverted for use in CIA-sponsored covert operations. Officers of these companies were also reportedly used by Freeman to launder drug smuggling proceeds.

    But Freeman's biggest money laundering client, according to Florida Department of Law Enforcement records, was an organized crime figure called "the Cobra" by Freeman and his associates. Law enforcement sources in Florida and Texas have identified "the Cobra" as Mafia boss Santo Trafficante.

    Trafficante's involvement in the CIA's attempt to assassinate Fidel Castro in the early 1960s is well documented. During this period, he was also involved with Helliwell in CIA-sponsored anti-Castro activities. A close associate of Trafficante who also participated in CIA anti- Castro plots was New Orleans Mafia boss Carlos Marcello. Marcello has extensive business ties with fellow Louisiana organized crime figure Herman Beebe. Beebe pleaded guilty to fraud in connection with a loan at State Savings in Dallas and has twice been successfully prosecuted. He was involved in a scheme in the early 1970s to smuggle guns and explosives to anti-Castro Cubans operating in Mexico. Beebe also had business dealings with Edward "Fast Eddie" Susalla, whose son Scott pleaded guilty to possession of cocaine in 1985 in one of the largest drug busts in southern California history. It was Herman Beebe who provided the seed capital for the creation of Palmer National Bank in Washington, D.C., which was controlled by two officials of the George Bush 1980 presidential campaign, Stefan Halper and Harvey McLean. Halper was policy director for Bush's 1980 campaign, while McLean was southern finance chairman and a Bush fundraiser. McLean became a major player in a number of failed savings and loans in Texas where fraud was a factor and has been placed in involuntary bankruptcy. McLean owned Paris Savings and Loan in Paris, Texas, which failed in 1988 and was merged with 11 other insolvent Texas S&Ls at a total cost to the federal government of $1.3 billion. The "New York Times" and the "Washington Post" reported that Palmer National Bank actively arranged loans for wealthy, right-wing Republicans and their pet projects. Halper and McLean first met while they were working on the Bush 1988 presidential campaign. Palmer National loaned money to individuals and organizations that were involved in covert aid to the Nicaraguan Contras. In February 1985 the National Endowment for the Preservation of Liberty (NEPL), a conservative foundation run by Iran-Contra figure Carl "Spitz" Channell, secured $650,000 from Palmer National to illegally purchase weapons for the Nicaraguan Contras. Channell was one of the few private citizens convicted of crimes in the Iran-Contra scandal. He was the first to plead guilty to illegal activities in the scandal, and was placed on two years' probation for illegally using NEPL to help Oliver North raise donations for military supplies for the Contras. Channell recently died of pneumonia while recovering from a car accident. The money went through NEPL's account at Palmer National to a Swiss bank account used by North for Contra funding and the secret arms deals with Iran. NEPL raised about $10 million for the Contras after Congress had banned such military aid. While Stefan Halper was helping NEPL secure loans at Palmer National to buy guns for the Contras, his father-in-law Ray Cline, a former deputy director of intelligence in the CIA, was an adviser to a firm associated with retired Major General John Singlaub, one of the principal leaders of private efforts to supply the Contras. In addition, the National Conservative Political Action Committee (NCPAC) borrowed more than $400,000 from Palmer National, as did political action committees for Senator Bob Dole (R-KS.) and then-Rep. Jack Kemp (R-NY). Palmer National co-founder Halper also helped set up Oliver North's legal defense fund. Halper's name appears in North's final entry in his White House notebook the day he was fired by the president on November 25, 1986, under the heading "Legal Defense Fund." "Ollie is a friend of mine and at the time I thought we might be able to help him," Halper later recalled. Finally, Palmer National, although still solvent, held a $250,000 note on a California beach house that was used by organized crime associates and figured in the criminal convictions of two savings and loan figures. Halper's connections to the intelligence community were primarily through his former father-in-law Cline, a career CIA officer. Cline became a top foreign policy and defense adviser to George Bush during the 1980 campaign. According to an article which appeared in the "Village Voice" in 1988, when Bush was seeking the Republican presidential nomination, Cline boasted during the 1980 primaries that he intended to "organize something like one of my old CIA staffs" to help Bush win. The "New York Times" reported that Bush, who was CIA director from January 1976 to January 1977, received offers of campaign assistance from many former CIA officials. The "Village Voice" reported that even active CIA agents may have worked for the Bush campaign. Some key operatives who were linked to the CIA and played significant roles in failed thrifts in Texas also worked for George Bush's Presidential campaign. For example, Halper, in addition to being a co-founder of Palmer National Bank and policy director for the Bush campaign, was allegedly part of the Reagan-Bush election team that participated in the October 1980 Paris negotiations with representatives of Iran that has come to be known as the "October Surprise." Halper worked with long-time CIA official Robert Gambino in an intelligence operation guided by Reagan-Bush campaign director William Casey (who went on to become CIA director). According to former CIA agent Richard Brenneke and several independent researchers, there was a secret effort by the Reagan-Bush campaign to make contacts with Iranian government officials to offer arms and other concessions if Iran agreed to hold the American hostages until after Jimmy Carter's defeat in the November 1980 election, thus avoiding an "October Surprise" release of the hostages. William Casey, Richard Allen (who became Reagan's first National Security Adviser), George Bush, and Stefan Halper were all allegedly involved in the plan, which involved super-secret meetings in Paris in October 1980. Halper also emerged as a key figure in the so-called "Debategate" scandal. A House subcommittee concluded that James Baker, who was in charge of the Reagan debate group, obtained then-President Jimmy Carter's briefing materials for the upcoming debates with Ronald Reagan from William Casey, who was then the Reagan-Bush campaign director. Someone within the Carter White House pilfered Carter's debate briefing notes and passed them on to the Reagan-Bush team. Halper allegedly played a role in both the "October Surprise" and "Debategate," and was rewarded after the election with the appointment of Deputy Director of Politico-Military Affairs for the State Department. William Casey went on to become CIA director, James Baker became Reagan's chief of staff, then Treasury Secretary, and then Bush's Secretary of State. Baker was instrumental in first bringing Halper into the Reagan-Bush campaign. Meanwhile, charges of conflict of interest against Neil Bush, the President's son, will be taken up at a September hearing by federal regulators. The younger Bush served on the board of directors of Silverado Banking, Savings and Loan Association of Denver, Colorado, which collapsed in December 1988 at an estimated cost to taxpayers of $1.3 billion. The charges accuse Bush of voting to loan over $100 million to business associates who subsequently defaulted, and failing to properly disclose the extent of his business dealings with the borrowers. Federal regulators may file a $200 million lawsuit against Neil Bush and other Silverado directors and officers. The Office of Thrift Supervision released documents stating that the 34-year-old Bush was "unqualified and untrained" to be a director of Silverado. "He had no experience managing a large corporation, especially a financial institution with almost $2 billion in assets," the OTS documents said. With the president's son involved in the failure of one of the larger S&Ls, the crisis has received more attention in Washington and in the media. So far both Democrats and Republicans have pointed the finger at each other. Democratic National Committee Chair Ron Brown said that Republicans cannot escape the fact that "George Bush, Ronald Reagan and their high-roller friends ran the government, designed the S&L policy and handpicked the people that gutted the oversight agencies. They are now being forced to take responsibility for the greatest rip-off in American history." It will be difficult for the Republicans to skirt this issue in the upcoming mid-term elections and therefore the savings and loan crisis may have immediate political effects. Time will tell whether or not the American taxpayer will be able to bear the burden of yet another expensive scandal. Joseph A. Palermo teaches United States History at Hartnell Community College in Salinas, and Gavilan Community College in Gilroy. -- daveus rattus yer friendly neighborhood ratman KOYAANISQATSI ko.yan.nis.qatsi (from the Hopi Language) n. 1. crazy life. 2. life in turmoil. 3. life out of balance. 4. life disintegrating. 5. a state of life that calls for another way of living. ===============================================  summarizing Pete Brewton's, ("Houston Post's" investigative reporter) continuing examination of CIA and organized crime involvement in the failure of various S&Ls, appeared in "IN THESE TIMES", July 18-31, and is reprinted here with permission. ---------------------------------------------------------------------------

    One White House, many gates By Joel Bleifuss

    The "Houston Post"'s Pete Brewton continues to report on CIA and organized crime involvement in the failure of 25 federally insured financial institutions, the bailout of which will cost the taxpayers an estimated $75 billion. Though this time the money trail leads straight to the White House door, the papers of record--the "New York Times," "Washington Post" and "Los Angeles Times," upon which we must unfortunately depend to set the national agenda--continue to ignore the "Houston Post" series. Brewton's latest installment details the story of a solvent institution, the Palmer National Bank of Washington, D.C. Founded in 1983 by two men active in George Bush's failed 1980 presidential campaign, Palmer was the bank of choice for right-wing organizations and Republican officials. The National Conservative Political Action Committee borrowed more than $400,000 from Palmer. It also lent money to PACs headed by Republicans Sen. Bob Dole of Kansas and former Rep. Jack Kemp of New York. And Palmer was one of the financial institutions where convicted Irangate felon Oliver North's contra-aid network stashed its cash. Palmer has assets of less than $100 million, a surprisingly meager amount for a bank that occupies a modern 11-story building three blocks from the White House. IRANGATE: Brewton reports that in February 1985, the contra-support organization National Endowment for the Preservation of Liberty (NEPL) opened its first of four accounts at Palmer. In April 1986, NEPL transferred $650,000 from one of those accounts to a Swiss bank account that North used to deal arms to Iran and thus fund the contras. NEPL was founded by the late Carl "Spitz" Channell, who died this year of pneumonia. This crack fundraiser brought in about $10 million for the ClA's anti-Sandinista army, including $5 million that Channell charmed out of two right-wing dowagers whom he code-named "Dog Face" and "Ham Hocks." As a token of NEPL's appreciation, large donors were able to meet privately with then-President Reagan. After the Iran-contra scandal broke, it was discovered that not all the NEPL money had reached the contras--some of it had been siphoned off for Channell's and his boyfriend's personal use. But Channell was not sentenced to two years' probation for this diversion of funds. (Contra dollars were used to purchase silk underwear and a condo, among other things.) He was convicted for helping the Reagan-Bush White House arm the contras at a time when Congress had outlawed such military support. A HALPER HAND: Brewton reports that a former high-level Palmer employee told him that Channell established his NEPL accounts at Palmer with the help of Stefan Halper, one of the bank's two founders and a friend of North's. Halper was policy director of Bush's 1980 presidential campaign. Halper was connected to the intelligence community through his father-in-law, Ray Cline, a former CIA deputy director who also advised Bush during his 1980 campaign. The "Village Voice" reported in 1988, "Any inquiry into the 1980 Bush campaign would have to begin with Dr. Ray S. Cline. ... Cline boasted during the primaries that he intended to 'organize something like one of my old CIA staffs' to help Bush win." DEBATEGATE: Well, Bush didn't win, but the Reagan-Bush ticket did. When Reagan named Bush as his running mate, Halper was brought on the 1980 Reagan-Bush campaign by another former Bush campaign official, James Baker, current secretary of state. According to a 1983 story in the "New York Times," Halper's role on the campaign was to gather intelligence on then-President Jimmy Carter's foreign-policy objectives. The "Times" reported that Halper was assisted by retired CIA officers and quoted an unnamed source in the 1980 Reagan-Bush campaign as saying, "There was some CIA stuff coming from Halper, and some agency guys were hired." Halper was particularly interested in Carter's attempts to gain the release of the 52 American hostages held in Iran prior to the November election. (Hostagegate: It has been alleged that the 1980 Reagan-Bush campaign cut a secret arms-for-hostages deal with the government of Iran to keep the hostages held in Iran until after the election to prevent Carter from benefiting from their pre-election release. See "In Short," June 24, 1987, Oct. 12, 1988, and "The First Stone," May 9 and 16). Halper's intelligence-gathering work during the 1980 Reagan-Bush campaign apparently involved the theft of the Carter campaign's debate briefing books, a scandal that came to be known as Debategate. The Reagan-Bush campaign used these books to prepare its candidate for the 1980 presidential debates. The man in charge of the Reagan debate team was Baker, whose name has come up as a likely Republican candidate for president in 1996. A BANK IS BORN: After the 1980 election, the Reagan administration appointed Halper deputy director of the State Department's Bureau of Politico-Military Affairs, the division of the State Department responsible for international weapons-trading and military exercises oversees. Brewton reports that Halper left the State Department in 1983 to become chairman of Palmer National Bank. Halper founded Palmer with Harvey McLean Jr., a man he had met during the 1980 Bush campaign. The "New York Times" has described McLean as "a Dallas real-estate developer who was Southern finance chairman for George Bush's campaign for the Republican presidential nomination in 1980." Halper and McLean came up with their idea for Palmer National Bank during a State Department business trip to Southeast Asia on which McLean accompanied Halper. Halper told Brewton the following story: "Somewhere over the Pacific, we got into a conversation about banking. Now, mind you, I had never been a banker. I was one of those guys who had a checking account with $71.38 in it, and banks frightened me a little bit. But Harvey said, 'Well, got to have a good bank in Washington.' He was sort of bemoaning the fact that banks were not as strong or responsive as they should be. And as the conversation unfolded, he basically said, 'Look, if you'll create the bank I'll put up the money.'" McLean certainly had access to money at that time. Brewton reports that McLean owned Paris Savings and Loan of Paris, Texas. During the '80s McLean also borrowed more than $38 million from three other S&Ls--Vernon Savings and Independent American Savings in Dallas and Continental Savings in Houston. All four later failed, and the latter three are included on Brewton's list of failed S&Ls that had links to the mob and the CIA. In 1989 federal receivers placed McLean in involuntary bankruptcy. S&LGATE: Brewton reports that when Palmer National Bank was founded, it was not McLean who put up the money but Herman K. Beebe Sr., a shadowy Louisiana organized-crime figure who was a close friend and business associate of McLean. Brewton reports that Beebe has numerous connections to New Orleans Mafia boss Carlos Marcello, associations with Mafia families in New York and California and links to the Teamsters. In 1983 Beebe loaned McLean and Halper $2.8 million from his Bossier Bank and Trust in Shreveport, La. This loan provided the majority of the money that was used to initially capitalize Palmer. A 1985 report by the comptroller of the currency listed Palmer as one of 12 national banks that Beebe has possible influence or control over. Further, Beebe has been implicated in the failure of at least 12 savings and loans (including Vernon Savings in Dallas and Continental Savings in Houston). In April 1985, just after Beebe had been convicted of defrauding the Small Business Administration and two months before the Federal Deposit Insurance Corporation shut down Bossier, the $2.8 million loan from Bossier that established Palmer was transferred to San Jacinto Savings of Beaumont, Texas. GOING, GOING ...: San Jacinto, a subsidiary of the Dallas-based real- estate investment firm Southmark Funding, is now on the verge of collapse. When San Jacinto topples, federal regulators say its bailout could cost taxpayers more than the estimated $2 billion that was paid to bail out Charles Keating's Lincoln Savings of Irvine, Calif., which currently holds the honor of being the most expensive S&L failure. Brewton reports that in September 1988 an S&L regulator in Dallas wrote to Darrel Dochow, a federal bank regulator, expressing concerns about the "significant number and volume" of loans between Silverado Savings of Denver (Neil Bush's failed S&L) and M.D.C. Holdings of Denver (owned by Colorado GOP fundraiser Larry Miezel) and between San Jacinto Savings of Houston and Lincoln Savings of Irvine, Calif. The regulator also said he was concerned about "the apparent shifting of such loans among those institutions." ANOTHER HALPER HAND: Brewton reports that Halper left his position as chairman of Palmer early in 1985 to become chairman of National Bank of Northern Virginia. Halper, however, did not sever his ties with his friend Oliver North. In the last entry of North's diary--dated Nov. 25, 1986, the day that the lieutenant colonel was fired by the president he had served so faithfully--North wrote "Legal Defense Fund--Stefan Halper, Chris Lehman [a Halper associate]." As Halper told Brewton, "We got trustees and put it in place."

    Obama Administration Involved In Mass Coverup pensive scandal. Joseph A. Palermo teaches

    Funny thing is I REMEMBER reading the Readers Digest Story by  Friggins on these matters at Gram's Della Witham's House on Clayton Avenue in Glens Falls across from the HS atheletic Field...she was my Grandmother (Dad's MoM) , I was sitting in the Chair Nearest The Front Hall by the Candy Drawer
    in maybe 1966 !!! ....WOW
     

    Beware the Ranchero Racketeers

    The Dirt Dealing "Red Flagger"  Land Flippers

    Friggens, Beware the Ranchero Racketeer, READER'S DIGEST,

    Jan. I963, at 84, 86, reprinted in Hearings on Frauds and Quackery,

    See IRE Desert Rats...The Great Land Hustle and

     

    A majority of colonias have dirt roads and no surface draining systems.

    This BANK and MARKET, TREASURY LOOTING USING LAND SPECULATION goes back many, many decades...even to Britain and Europe BEFORE the Colonies - JW

     

    JSTOR: Regulating the Subdivided Land Market

    Friggens, Beware the Ranchero Racketeer, READER'S DIGEST, Jan. I963, at 84, 86, reprinted in Hearings on Frauds and Quackery, pt. 2, at 202, 204. I968] http://www.jstor.org/pss/1339306

     
    The Looting Of America IS NO DREAM

    Did he say The FBI, DOJ, The Mafia, The CIA and George Bush

    Tell Me He Did NOT Say SECRET STAND ALONE FUNDING Private Donors in the same Sentence as Banks, S&Ls and Wall Street Trading Companies

    The Best Way To Loot A Bank Is Own One

    Fraud `epidemic' cited in bank, S&L failures

    The savings and loan scandal of the 1980s has been depicted in a myriad of ways. To some, it is "the greatest ... scandal in American history" (Thomas, 1991: 30). To others it is the single greatest case of fraud in the history of crime (Seattle Times, June 11, 1991).

     
     
    Friggens, Beware the Ranchero Racketeer, READER'S DIGEST, Jan. I963, at 84, 86, reprinted in Hearings on Frauds and Quackery, pt. 2, at 202, 204. I968] http://www.jstor.org/pss/1339306
     
     

    Have You Seen Those Missing Billions Lately

    The Continuing Saga of America Looted & Betrayed…..THE COVER UPS

    The Looting of Wall Street Is NO Joke

     
    What Does this 14 term Congresswoman think ???    Well Lets See
    YES The MONEY TRAILS LEAD BACK TO
     
     
     

    www.witnesstoacrime.com

     the PUBLICANS and DEMON "RATS"  oh yes they do !!

    MASSIVE FRAUDS Currently ONGOING…The Blood Trails From The 1980s

    The Secret Government: The Constitution in Crisis, by Bill Moyers

    87 min - Feb 14, 2007 -

    Rated 4.8 out of 5.0


    The Secret Government: The Constitution in Crisis, by Bill Moyers - 1:26:29 - Feb 14, 2007. () Rate: This is the full length 90 min. version of Bill Moyer ...
    video.google.com/videoplay?docid=3505348655137118430

    The FBI is convinced that the huge frauds are just the tip of the iceberg.

     

    Jeb Bush: Lehman Brothers Secret Weapon

    Massive Bank Failures R US

    frontline: once upon a time in arkansas: Fool for Scandal  Fool for Scandal: How the 'Times' got Whitewater wrong ... All this over a failed $ 200000 dirt-road real estate deal up in Marion County and a ..... An article on March 18 about Hillary Rodham Clinton's commodity trades misstated ... www.pbs.org/wgbh/pages/frontline/shows/arkansas/whitewater/lyonsarticle. html - 48k - Cached - Similar pages

    Friggens, Beware the Ranchero Racketeer, READER'S DIGEST, Jan. I963, at 84, 86, reprinted in Hearings on Frauds and Quackery, pt. 2, at 202, 204. I968] http://www.jstor.org/pss/1339306

    It's the 1920s...1930s...1970s...1980s...1990s ALL OVER AGAIN

    Digg - Accused Fraudster Stanford Partied With Pelosi, Clinton

    John Pistole, the Deputy Director of the FBI, told politicians on Capitol Hill last week that the agency was investigating 530 corporate fraud cases, including 38 directly related to the current economic crisis.

    AGAIN and AGAIN and AGAIN and AGAIN

    “the list goes on and on and on and on and on and on and on”

     First American Title Company  

    "FATCO" Lawyer NELDA RADABAUGH BLAIR

    NELDA YOU REMEMBER WESTERN BANCORPORATION

     

    NELDA LUCE RADABAUGH BLAIR - DIRT ROAD QUEEN with George W. Bush

    A majority of colonias have dirt roads and no surface draining systems.
    Lets Talk Dirt Road Land Flippin and OBSTRUCTION OF JUSTICE

    Nelda YOU -  Remember The Many HUNDREDS of FATCO Title Policies All Over Your County Attorney's Office....You know REMEMBER they were stacked on the Tables, Desks, Filing Cabinets, Chairs....Funny Little Fraudulent FATCO Title Policies LIKE Mr. Pinewood Village ROBERT L. VICKERS was using to defraud Banks and S&LS

    Come On When You Marcus Winberry and Jimmie Dozier and Frank Bass were COVERING UP ALL THAT LAND and BANK FRAUD....Clesson Land Investment ROBERT L. VICKERS ...Nelda Remember...Western Bancorporation.... EAGLE TITLE Co.

    A majority of colonias have dirt roads and no surface draining systems.
    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Developers facing county crackdown  CATHY GORDON : Staff ...  Homes resembling shacks border its pothole-riddled dirt roads.  06/23/1987

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions  Staff ...  Had they known of Montgomery County rules 10 years ago, some developers say their subdivisio  06/23/1987

    CATHY GORDON : Staff ...  We have potholes big enough to park in."  06/22/1987
    CATHY GORDON : Staff  ... I wouldn't have paid that much if it weren't for all the amenities promised.
    http://www.chron.com/CDA/archives/archive.mpl?id=1986_250754
     
    Western selling three bank subsidiaries here  SCOTT CLARK : Staff  Western Bancorporation is a private bank holding company owned by Swiss investor O.R. Lababedi. The sale of the Western banks is subject to regulatory approval.  06/03/1987
     
    PEOPLE IN BUSINESS   Staff  Western Bancorporation Inc. has made three major management changes within the organization.  01/31/1986
     
    T.G. Motors files petition for Chapter 11  BOB SABLATURA : Staff  Lababedi is a foreign investor who at one time was the primary shareholder of Western Bancorporation in Houston. At one time, Western operated five banks in the Houston area.  05/18/1988
     
    Deposit guarantee by FDIC draws fire   GREG STEINMETZ : Staff  His attempts to engineer a bailout of Western failed. 03/22/1988

    Proffessor William Black '& Bill Moyers..."IT's A COVER UP"

    Did he say America's SECRET WAR OF TERROR

    April 3rd 2009 NYC – John Jay College Of Law

      Yah Think Proffessor Black and Bill Moyers are NUT CASES claiming TOP LEVEL COVER UPS and CONSPIRACIES....I say THEY DESERVE MEDALS and MUCH MORE

    You remember that Lincoln S&L thing with the CHEATING 5 and the American Continental; Corporation right ! 

    What is the chance that The Cat-Birds

    would do an EXPOSE' on the DIRT DEALERS as they have been refered to by the ARKANSAS MAFIA buddies of Bill and Hill and their DIRT CABAL there in Little Rock ??

    Why Goldman Sachs Is the Greediest and Most Dastardly of the Wall Street Pigs By Jim Hightower, AlterNet

     
     
     
     
     
    frontline: once upon a time in arkansas: Jim Clark's Testimony  once upon a time in arkansas Jim Clark's Testimony.
    Federal bank examiner Jim Clark's Testimony on Madison Guaranty Saving & Loan Association ...
    www.pbs.org/wgbh/pages/frontline/shows/arkansas/castle/clarktestimony.html - 39k -
    Cached - Similar pages 

    Byzantine Land Fraud....Just Like The Clinton CON !!!

    http://www.time.com/time/magazine/article/0,9171,913096,00.html

    TIME MAGAZINE   Monday, Jun. 02, 1975

    In Florida, where land scandals date back to the 1920s, state officials have uncovered what could be the biggest and most Byzantine fraud of them all. As many as 80,000 investors and buyers of lots may have been bilked of $1 billion by development companies and mortgage brokers in Southern Florida. According to investigators, the Ponzi-like scheme worked this way: the developers bought nearly worthless tracts of land, subdivided them and sold homesites at inflated prices; they used the proceeds to pay high interest on bogus notes sold to investors under a false claim that the notes were secured by first mortgages on the homesites. When the recession slowed lot sales, many developers defaulted. Investors who tried to foreclose discovered that the real first mortgages were held by banks and other original lenders, so that they had no claim. Last week TIME Atlanta Correspondent Jack White talked with victims and investigators in Florida. His report:

    Many of the victims are self-admitted patsies, whose usual wariness evaporated in dreams of heady 12%-14% interest. "Sure I was a sucker. I thought I could double our money," concedes Philip Profita, 60, a Fort Myers machinist who bought $21,000 worth of promissory notes from now defunct Homestate Investments Inc. Even though a local banker warned him against it, Floyd Campbell, 69, a retired service engineer, invested $35,000 in what he thought was first mortgages in a Continental Investments Inc. development. "The banker said he couldn't afford to pay interest like that," Campbell recalls, "so I said what the hell." Many victims were lulled into a false sense of security by newspaper advertising. One of Homestate's ads read, 10.85%-12.85% EFFECTIVE RETURN . . . EVERY DOLLAR INVESTED IS 100% SECURED BY FIRST MORTGAGES AND CONTRACTS FOR DEEDS.

    According to the victims, state authorities might have stopped the bogus deals long ago. In April 1974, Richard Booth, then an assistant state attorney general, outlined the schemes to four state law-enforcement officials and warned that they could result in "the loss of millions of dollars to many innocent parties." Little action was taken on the warning. Instead, complaints appear to have been bucked from one state agency to another, while each tried to determine if it had jurisdiction. Last week State Representative H. Paul Nuckolls called for a legislative investigation of the "coverup" by agencies.

    Assistant State Attorney Louis St. Laurent has begun probing alleged security violations by 36 interlocking development and securities sales companies that did business in the Fort Myers area. By his estimate, investors in Lee County alone were bilked of $50 million. The loss by noteholders throughout the U.S. could reach $350 million. Even that sum could be dwarfed by the losses suffered by people who bought lots. In many cases, developers sold lots for about ten times the $200 to $400 they had paid for them in new "developments" that could not be built because they are partially under water even during the dry season or zoned for agricultural purposes.

    AlterNet

    Why Goldman Sachs Is the Greediest and Most Dastardly of the Wall Street Pigs

    By Jim Hightower, AlterNet

    Posted on May 22, 2009

    http://www.alternet.org/story/140166/ 

    No doubt you're going to feel terrible about this. Top executives of Goldman Sachs, the Wall Street powerhouse, are in a pout about how they're being treated by you and me -- i.e., the public.

    These execs are used to being revered as financial geniuses, but having taken a $10 billion bailout from us taxpayers last fall, they're now widely viewed as ... well, as welfare recipients. Like other welfare checks, the big one that Washington doled out to Goldman Sachs came with some strings attached, causing the chieftains to get all huffy. Especially galling to these princes of privilege is the limit on salaries and bonuses that bailed out banks are allowed to give to those in the executive suites.

    Thus, Goldman recently threw a little hissy fit and haughtily declared that it will pay back our $10 billion to get the blankety-blank government out of its private business. Bold move! At last, Wall Streeters are reasserting their rugged, free-enterprise ethic, right?

    Uh, not exactly.

     
    What Goldman officials fail to mention is that they'll still be clinging to several other lifeboats floated to them by those skinflint meanies in Washington. For example, when insurance giant AIG was given some $200 billion last year to save it from total collapse, $12 billion of it was actually a pass-through payment to Goldman Sachs. Best of all, this quiet handout did not come with any of those nasty restrictions on executive pay -- so Goldman is happily hanging onto this backdoor subsidy.
     
    Then there's another $28 billion that was slipped to these hardy free-marketers in the form of special low-interest loans guaranteed by the Federal Deposit Insurance Corp. -- a subsidy that Goldman's chief financial officer concedes is vital to its survival. Far from foregoing this government underwriting, the bankers say they expect to ask for $7 billion more of it.
     
    Additionally, Goldman has taken many more billions' worth of low-cost loans from Federal Reserve funds. How many more billions? The Fed and the bank say this is "proprietary" information, not for public disclosure, even though it is public money.
     
    So, while these golden ones are loudly repudiating the $10 billion public subsidy they took from us, they are coyly retaining at least 40 billion of our dollars to stay afloat -- a tidy sum that does not include any restrictions on pay levels. Coincidentally, Goldman has since announced that it is setting aside nearly $5 billion to be distributed at the end of the year as compensation for its executives, including payments for outlandish bonuses for those at the top.
     
    Saying that such-and-such is the greediest bunch of bankers on Wall Street is like someone claiming to have the biggest hairdo in Dallas -- the competition is fierce. But that's quite a head of hair atop Goldman Sachs. Well, sniff the executives, we merely play the game according to the rules we're given.
     
    Sure, and the Mafia plays its game strictly according to Hoyle. The difference is that the Mafia must actually break the rules, while Wall Street simply hires lobbyists and politicians to write the rules.
     
    Indeed, Goldman Sachs has been nicknamed "Government Sachs" by its rivals, for it always seems to have at least one of its top officials strategically placed inside government to bend federal financial rules to its benefit. In the 1990s, for example, two Goldman foxes -- Robert Rubin and Larry Summers -- were inside the Clinton administration henhouse, where they helped craft the deregulation scams that enriched their former banks, before the scams caused the crash of our economy.
     
    Following that crash, up stepped Hank Paulson, who had been Goldman's CEO before George W. plucked him off the Street to run the very bailout that has now deposited so much of our money in his bank. With Bush's demise, Hank is gone, but not Goldman. That sly Goldman Fox from the Clinton years, Larry Summers, is back, this time in Barack Obama's henhouse, where he's top economic advisor.
     
    Not surprisingly, our gold keeps flowing to Goldman Sachs -- but don't expect the bankers to be grateful to you.
     
    To find out more about Jim Hightower, and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate web page at www.creators.com.
    Jim Hightower is a national radio commentator, writer, public speaker, and author of the new book, "Swim Against the Current: Even a Dead Fish Can Go With the Flow." (Wiley, March 2008) He publishes the monthly "Hightower Lowdown," co-edited by Phillip Frazer.

    View this story online at: http://www.alternet.org/story/140166/
     
     
     
     
     
     
     
     
     
               
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     

    AIG and the Big Takeover: Matt Taibbi on “How Wall Street Insiders Are Using the Bailout to Stage a Revolution”  Coup D'etat

    Taibbigraphic
    In a new article in Rolling Stone Magazine, journalist Matt Tabbi takes an in-depth look at the story behind AIG. “The reality is that the worldwide economic meltdown and the bailout that followed were together a kind of revolution, a coup d’état,” writes Taibbi. “They cemented and formalized a political trend that has been snowballing for decades: the gradual takeover of the government by a small class of connected insiders, who used money to control elections, buy influence and systematically weaken financial regulations.” [includes rush transcript]
     

    with Bush Sr

    Did he say Houston Land Developer Robert V. King

    See Robert V. King DBA ... La Cour du Roi, Inc. v. Montgomery County, 698 S.W.2d 178, 187-88 (Tex. App.--Beaumont 1985, no writ).

    Yah Think They Bought That Charlie Wilson's War Smoke & Mirrors Dis-Information CRAP

    Private Donors What A Hoot

    Yah Think They Bought That Charlie Wilson's War Smoke & Mirrors Dis-Information CRAP

    ROBERT L. VICKERS hey that's Mr. Pinewood Village

    Hey It's Tony "JA" Canales....He Knows Mr. Pinewood Village....Robert L. Vickers

    You know Eikel Etheridge, HACO Properties, WG Horne III ..... Pinewood Village and Western Bancorporation's ROBERT L. VICKERS

    Did he really mention DIRT DEALING LAND FLIPPIN ILLEGAL SUB-SLIME REAL ESTATE SPECULATIONS - CLESSON LAND INVESTMENT COMPANY- JOHN McCONe Western Bancorporation THE BANKING and S&L Scandal, IRAN CONTRA and the ECONOMIC MELT DOWN - RV King and Robert L. Vickers Pinewood Village TEXAS COLONIAS WHITEWATER AND MISSING TRILLIONS

    RAD SALLEE : Staff  Investigator Clyde Wilson said he reached Vickers by phone in a Yuma, Ariz., prison, and Vickers told him his name is being used by others, but he is not involved in the scheme.
    12/29/1989
     

     The lawsuit says Pioneer agreed to provide Mortgage CreditCorp up to $35 million for such loans, but sometime in 1989, the defendants began creating packages including "fictitious deeds of trust, counterfeit title commitments, fraudulent credit applications, phony appraisals and bogus insurance policies.' The lawsuit says William J. Cartwright Sr. and others conspired to buy more than 90 vacant lots, most of them in Runningbrook, at foreclosure sales at bargain prices, then transferred the titles to Beau-Bay and C&P Realty. Fraudulent packages for a number of fictitious buyers were prepared by other defendants, who presented them to Pioneer.

    "Neither the houses nor the underlying mortgage transactions actually existed," the lawsuit says. It says Pioneer lost at least $14 million as a result.

     
    RAD SALLEE : Staff  Zager said that attorney Whittle's signature is on the deeds of trust and that attorney Vickers' is on the title policy commitments.
    12/23/1989
     
    This is what Robert L. Vickers and the BOYS Pulled Just North Of Houston Texas When They Robbed The S&LS and Banks Like Western Bancorporation using 600 ILLEGAL Bill and Hillary STYLE Dirt Dealing Land Flippin CONS.
     
     
    Meltdown email banner
    Dear Judson,Meltdown appeal callout
    Since the release of the Center for Public Integrity’s major investigation Who’s Behind the Financial Meltdown?, its impact has been felt from coast to coast and around the world:
    • Newspapers from the Washington Post to the Los Angeles Times, and from cities north, south, and in between including the Chicago Tribune, USA Today, Charleston Daily MailSan Diego Union-Tribune, and the San Francisco Chronicle, referenced our report and highlighted the interactive maps to show how the mortgage crisis and financial meltdown have impacted their own communities.

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    Who’s Behind the Financial Meltdown? is also resonating through the halls of Congress -- our Subprime 25 list of the most aggressive subprime lenders was read into the Congressional record on May 6th by Rep. Marcy Kaptur (D-OH), and was also referenced in a meeting of the Senate Committee on Commerce, Science and Transportation. 
    Most importantly, it’s resonating with you.  Already, a number of our readers have used the Share Your Story feature to tell us how they have been affected by the mortgage crisis.  Many have thanked us simply for identifying the mega-banks which knowingly bankrolled the type of risky lending that jeopardized the international financial system; others have provided information that will help us continue to investigate this story and explain the impact of the financial crisis
    Who’s Behind the Financial Meltdown? is just one example of the Center for Public Integrity's comprehensive investigative projects that create transparency and accountability, and make a difference.  In a few weeks, our groundbreaking report has already generated tremendous impact.  Our goal is to further investigate this issue and keep telling the stories of people like you who have been affected by this crisis.
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    Powered

    The Clinton, MacDougal, Web Hubble, Quapaw Title....OZARK REALTY Con exists all over the United States

    What are ILLEGAL, RED FLAG, PAPER, WILDCAT, COLONIAS, UNRECORDED SUBDIVISIONS

    frontline: once upon a time in arkansas: tapes & transcripts

    PETER BOYER: So Jim turned his hand to land developing-- "dirt dealing," as they say in Arkansas. Susan's brother, Bill, worked for Jim. ...
    www.pbs.org/wgbh/pages/frontline/shows/arkansas/etc/script.html - 42k -
    Cached - Similar pages

    thought Florida was home to the DIRT ROAD LAND CON and PAPER SUBDIVISION...well think again !!

     
     
    The Continuing SAGA of The Great Texas Bank Job
    was BLOWN UP and MURDERED OVER
     
    scams of the 1960's.
     

    Report: Developers owned almost all troubled S&Ls

    Friggens, Beware the Ranchero Racketeer, READER'S DIGEST, Jan. I963, at 84, 86, reprinted in Hearings on Frauds and Quackery, pt. 2, at 202, 204. I968] http://www.jstor.org/pss/1339306

    Forgery claims probed in Mauro deal

    Gary Mauro and Hillary Clinton by clockwerks.

    Intertec: Big deals, big names and very big problems/Cries of forgery and fraud fly as well-connecte...  JAMES DRUMMOND, MARY C. BOUNDS : Staff  It would have been insane for anybody from Intertec to have done that," he said of the questioned signatures.  01/17/1988

    TEXAS LAND COMMISSIONER  Gary Mauro Mr. Intertec

    was on board for BOTH Clintons

     
     
     
     
    YUP  FLIPPIN
     
    Dirt Fucking Roads I told yah !!!!
     
     
     
    Land and DIRT ROADS owned by the Whitewater Development Corp.
    in LAND  ------  Flippin, Ark.
     
     Never Say DIRT DEALING AGAIN
    NEVER
    Encyclopedia of white-collar & corporate crime - Google Books Result
    by Lawrence M. Salinger - 2004 - Social Science - 974 pages
    CLASSIC FLORIDA FRAUD The classic American real estate swindle is the great Florida land boom of the 1920s. At its height, in 1925-26, more than $7 billion ...
    books.google.com/books?isbn=0761930043...

    frontline: once upon a time in arkansas: tapes & transcripts  PETER BOYER: So Jim turned his hand to land developing-- "dirt dealing," as they say in Arkansas. Susan's brother, Bill, worked for Jim. ... www.pbs.org/wgbh/pages/frontline/shows/arkansas/etc/script.html - 42k - Cached - Similar pages

    frontline: once upon a time in arkansas: Fool for Scandal Fool for Scandal: How the 'Times' got Whitewater wrong ... All this over a failed $ 200000 dirt-road real estate deal up in Marion County and a savings and ...
    www.pbs.org/wgbh/pages/frontline/shows/arkansas/whitewater/lyonsarticle.html - 48k - Cached - Similar pages

    Whitewater, Maplewood Farms, Campebello Island & Castle Grande The COLONIAS FACTOR

    Charlie Keating, Estrella, American Continental Corporation and Stonebridge Ranch

    Did he say "Land Flippin" or "Dirt Dealing "!!

    Friggens, Beware the Ranchero Racketeer, READER'S DIGEST, Jan. I963, at 84, 86, reprinted in Hearings on Frauds and Quackery, pt. 2, at 202, 204. I968] http://www.jstor.org/pss/1339306

    http://www.pbs.org/klru/forgottenamericans/press/facts.htm

     

    FACT IS...all that Land Flippin CRAP the Clinton MAFIA was pulling was COVERED UP by good Ol Boy Kenny Boy Starr....The Land DEVELOPMENT FLIPS in Kenny Boy's TEXAS were simply to close to the BUSH MAFIA'S BALLS.

    PROOF R.V.  King's mess  -  La Cour Du Roi, Inc. v. Montgomery County Texas 698 S.W.2d 178 Tex.App. Beaumont 1985 ….. The defendant's attorney stated that there were 500 unrecorded subdivisions in Montgomery County and that people who lived in some of these unrecorded subdivisions wanted better roads and maintenance.  La Cour Du Roi, Inc. v. Montgomery County Texas 698 S.W.2d 178 Tex.App. Beaumont 1985......Du ROI urged that its rights had been violated, arguing that it had been singled out for unfair treatment. We think these issues were not adequately developed.....  There was more than a scintilla of evidence to show that the father of a county-wide elected official was alleged to have developed an unrecorded subdivision as well as the husband of the secretary of the elected official.

    Did He Say "The Cheating Five"


    Which Estrella?  

     

    Estrella, Spanish for "star," is named after the Sierra Estrella Mountains which lie southeast of the community.  The Estrella station of the Southern Pacific Railroad, 25 miles south of the community of Estrella, was established in 1881.  The Estrella Hill post office was established in 1919.1


    Founding felon

     

    The planned community of Estrella, now named Estrella Mountain Ranch, owes its origins to infamous land developer, savings & loan mogul and convicted felon, Charles H. Keating, Jr. Keating started the American Continental Corporation in Ohio in 1978.  He moved the business to Arizona just in time to reap the benefits of Arizona’s real-estate boom of the early 1980s.  In 1984, American Continental Corporation acquired Lincoln Savings & Loan which had 30 branches in California.  Keating made Phoenix the headquarters for both companies.2

    Lincoln purchased two adjacent 10,000 acre parcels of land 25 miles southwest of Phoenix in 1985.  The plan was to develop the first parcel as Estrella, and about ten years later to extend the development to the second parcel.  At completion the land would have 50,000 homes and over 200,000 residents.3

    With the average cost for land acquisition at $3,000 an acre, a substantial profit could be anticipated--by the year 2000, custom home sites were selling for 66 times their acquisition costs, and often more.4 The land cost was, of course, only part of the development expense.  By 1987 the investment in the development had risen to $100 million.5

    The problem for Lincoln was that it could not wait until 2000 to sell the property.  By 1987, the Phoenix housing market was in decline, and Savings & Loan organizations (S&Ls) were suffering mightily from the governmental rules under which they operated.


    Buy high--sell low

     

    Government policy encouraged S&Ls to make 20 to 30 year fixed-rate mortgages with increasingly smaller down payments.  At the same time, the S&Ls obtained the money they lent from depositors who had only minor restrictions on the withdraw of their money to take advantage of higher market interest rates.  The result:  as interest rates increased, the S&Ls were forced to fund their low rate long term loans with high rate short term borrowing.  Between 1976 and 1980, interest rates on long-term Treasury securities rose from 6 percent to 13 percent.  By 1982, an estimated 85 percent of all S&Ls were losing money.6

    In spite of the poor climate for most S&Ls, Lincoln seemed to prosper.  Prosecutors would later allege that Keating generated $82 million in bogus profits with the sale of land, much of it around Estrella, at inflated prices to "straw buyers" who would finance their purchases with loans from Lincoln.  The illusory profit was then transferred to the parent company while certain employees--many being Keating relatives--reaped lavish salaries and bonuses.7


    Unique bonds

     

    In January 1987, Keating began selling bonds of the parent American Continental Corporation in Lincoln branches.  Most investors were told the bonds were just as safe as their federally insured certificates of deposit.  That was hardly the case.  Unlike S&L deposits, they were not federally insured.  Adding to the risk, they were subordinated debentures, and would be paid only after the corporation had paid off its other debts, totaling $207 million.  Neither were the bonds underwritten.  Underwriting would require that an independent party determine the interest rate the bonds would pay, with higher rates rewarding buyers for higher risks. Without underwriting, there was virtually no place that would market the bonds except the captive Lincoln S&L.8

    Keating knew the benefit of having friends in high places.  He generously contributed $1.3 million to the campaigns of senators Dennis DeConcini and John McCain, both of Arizona, Alan Cranston of California, John Glenn of Ohio and Don Riegle of Michigan.  When federal regulators began to uncover what they described as massive abuses at Lincoln in 1987, Keating called on the Keating Five, as they would later be known, to run interference with the regulators.  The senate would later sanction the five with penalties ranging from censure (Cranston) to mild rebukes (McCain and Glenn), depending upon how vigorously they took up their benefactor's cause.9


    Most costly S&L failure ever

     

    In April, 1989, the federal regulators seized control of Lincoln.  They found that although the principle business of Lincoln was supposed to be the making of low risk residential mortgages, nearly sixty-seven percent of Lincoln's assets were high-risk land ventures and commercial development projects.  Losses linked to Lincoln's downfall were estimated to be $3.4 billion, making it the most costly S&L failure ever.10

    In 1993 the federal regulators sold Lincoln's Estrella development to the SunChase group.11


    1. Will C. Barnes, Arizona Place Names, University of Arizona Press, Tucson, 1988, p. 149. Back to text

    2. Merle Erickson, Brian W. Mayhew, and William L. Felix, Jr., Cases in Strategic-Systems Auditing, Lincoln Savings and Loan, PMG/University of Illinois, Business Measurement Case Development and Research Program, 1999. Back to text

    3. Ericson, supra. Back to text

    4. "Custom Homesite Pricing," Realty Vision, LLC, 9760 South Estrella Parkway, Goodyear, AZ, 12-2-00. Back to text

    5. Ericson, supra. Back to text

    6. George G. Kaufman, A Lesson in Goverment [sic] Mismanagement, Foundation for Economic Education, Inc., April 1995, Vol. 45, No. 4.Back to text

    7. Jerry Kammer, "RETRIAL FOR KEATING EX-FINANCIER, SON ACCUSED OF LOOTING LINCOLN SAVINGS," The Arizona Republic, 01-12-1999, pp A1.Back to text

    8. Rita Henley, "In Whose Best Interests?", APF Reporter Vol.17 #1. Back to text

    9. Kammer, above. Back to text

    10. Farrell, Barbara R. and Joseph R. Franco. 1999. "The Role of the Auditor in the Prevention and Detection of Business Fraud: SAS No. 82." Western Criminology Review, 1999, 2/1. Back to text

    11. Doug Donsky, NYC Sales, IPOs, Some Relocations Lead R.E. Surge During 1993, Commercial Property News, December 1, 1993. Back to text


    a. Leigh Montville, "Olympics 2000: Double Take The surprisingly strong American swimmers got the biggest surprise of all when Anthony Ervin and Gary Hall Jr. won in a dead heat," Sports Illustrated, 10-02-2000, pp 51.Back to text

    b. Johnette Howard, "OLYMPICS [BONUS PIECE]: THE TALENT POOL HIS GRANDFATHER'S BANKROLL AND HIS FATHER'S HEARTBREAK ARE PART OF SWIMMING LORE. NOW IT'S GARY HALL JR.'S TURN, AT THIS SUMMER'S OLYMPICS, TO ADD HIS CHAPTER T.", Sports Illustrated, 04-22-1996, pp 58.Back to text

    c. Johnette Howard, above. Back to text

    d. William Oscar Johnson, "1990 A LOOK BACK: City of the Year CINCINNATI A WORLD SERIES TITLE, A PHOTO EXHIBIT, PETE ROSE, SAM WYCHE AND CHARLES KEATING MADE FOR AN EMOTIONAL YEAR", Sports Illustrated, 12-31-1990, p 120.Back to text

    e. Johnette Howard, above. Back to text

    f. "United States History: Chronology of Events,", The World Almanac and Book of Facts 1997), Primedia Reference Inc., Mahwah, NJ, 11-15-1996. Back to text

    g. Johnette Howard, above. Back to text


    See also:

    Adams, James R., The Big Fix: Inside the S&L Scandal: How an Unholy Alliance of Politics and Money Destroyed America's Banking System, New York: John Wiley & Sons, Inc., 1990.

    Binstein, Michael and Charles Bowden, Trust Me: Charles Keating and the Missing Billions, New York: Random House, 1993.

    Calavita, Kitty, Pontell, Henry N., and Tillman, Robert H. Big Money Game: Fraud and Politics in the Savings and Loan Crisis, Berkeley, Calif.: University of California Press, 1997.

    Day, Kathleen, S&L Hell: The People and the Politics Behind the $1 Trillion Savings and Loan Scandal, New York: W.W. Norton & Co., 1993.

    Mayer, Martin, The Greatest-Ever Bank Robbery: The Collapse of the Savings and Loan Industry, New York: Charles Scribner's Sons, 1990.

    Pizzo, Stephen, Fricker, Mary and Paul Muolo, Inside Job: The Looting of America's Savings and Loans, New York: McGraw-Hill Publishing Co., 1989.


    Former Daytona Beach News-Journal business editor Morton C. Paulson exposed the practice of selling uninhabitable swampland four decades ago in the newspaper and in a 1972 book, "The Great Land Hustle."    Can you say SUBSLIME REAL ESTATE CONS

    Real Estate Fraud Investigations Increase The number of real estate fraud investigations initiated by IRS Criminal ... In these real estate fraud cases, money laundering is often the mechanism used ... www.irs.gov/newsroom/article/0,,id=118224,00.html - Cached

    Market-Based Models for Land Development Illegal subdivisions present an enormous dilemma. ... El Salvador – dirt roads, electricity and, sometimes, communal wells available on occupation ...www.globalurban.org/GUDMag08Vol4Iss2/FergusonMarketBasedModels.htm - 190k - Cached

    Cracking down on illegal subdivisions – Is it working? - Phoenix ...Watch Video | Travel Deals (170.5KB) 40 minutes ago ... her car when a man threatened her and made her drive him to a dirt farm road. ...abc15.com/content/news/investigators/story/...?p=Comments - 53k - Cached

    KNXV (ABC 15) Cracking down on illegal subdivisions ? Is it working? ... holiday with these great grocery deals ... BMX biking at the dirt track. Small Stars tennis in Tempe ...www.abc15.com/mediacenter - 79k - Cached

    Joanna Herring KING !!!  AH ALL THOSE LAND DEVELOPMENT FLIPS

    frontline: once upon a time in arkansas: Jim Clark's Testimony

    once upon a time in arkansas Jim Clark's Testimony. Federal bank examiner Jim Clark's Testimony on Madison Guaranty Saving & Loan Association ...
    www.pbs.org/wgbh/pages/frontline/shows/arkansas/castle/clarktestimony.html - 39k - Cached - Similar pages 

    Intertec: Big deals, big names and very big problems/Cries of forgery and fraud fly as well-connecte...  JAMES DRUMMOND, MARY C. BOUNDS : Staff  It would have been insane for anybody from Intertec to have done that," he said of the questioned signatures.  01/17/1988

    TEXAS LAND COMMISSIONER

    Gary Mauro Mr. Intertec

    was on board for BOTH Clintons

     

    Intertec: Big deals, big names and very big problems/Cries of forgery and fraud fly as well-connecte...  JAMES DRUMMOND, MARY C. BOUNDS : Staff  It would have been insane for anybody from Intertec to have done that," he said of the questioned signatures.  01/17/1988

     

    http://www.joanneherring.com/

    Joanna Herring King ON BOARD for ALL of BushCo and BOYZ

    http://www.joanneherring.com/

    frontline: once upon a time in arkansas: THE CASTLE GRANDE DEAL once upon a time in arkansas THE CASTLE GRANDE DEAL. by Rick Young ... After several months of close examination, Jim Clark, the Federal Home Loan Bank ... www.pbs.org/wgbh/pages/frontline/shows/arkansas/castle/ - 20k - Cached - Similar pages

    Planning in the Wake of Florida Land Scams Florida's Growth Management Era. WHEN LAND SCAMS BECOME BOOM TOWNS ... is apparent in the literature on consumer fraud, environmental destruction, and ... www.spikowski.com/landscam.htm - 74k - Cached

    OH BOY! THEY SURE AREN'T TALKING ABOUT THIS EITHER!!?? How "DIRT ROAD SUBDIVISIONS" are used. to ROB BANKS / S&Ls ... CRONIES would simply FLIP these Illegal Subdivision Lots amongst themselves, ... www.rumormillnews.com/cgi-bin/archive.cgi?read=114258 - Cached

    That Little Conference at John Jay College on April 3rd 2009 amongst which Proffessor William Black sought the answer.....

     see http://www.geocities.com/jurisnot2/   It will reveal some TEXAS DIRT DEALING directly related to the MASSIVE S&L and BANK Lootings of the 1920s 40s, 50s, 60s, 70, 80s, 90s and THE SUBSLIME CONS

    HOW DID THEY GET AWAY WITH IT....I Feel it deserves a FULL COMPLETE INDEPENDENT INVESTIGATION you know LIKE THE PECORIA INVESTIGATION after the Collapse of the late 20s and early 30s.

    I guess the best way to say this is simple THE TIME FOR TALK IS OVER...their MUST BE SOME ACCOUNTABILITY DEMANDED.  I can not agree with Proffessor Black and the others at John Jay School of Law last week....LET THE TRUTH COME OUT and the CHIPS FALL WHERE THEY MAY

    How They Got Away With It ....  Well they have'nt yet

    LIARS LOANS...Triple A (AAA) Pigs In A Polk...What was Missouri State Law Proffessor William Black , John Jay College of Law and UT Law Proffessor Christopher Peterson Thinking Of....EXPOSING The Continuing SAGA of

    THE GREAT TEXAS BANK JOB

    here's how it works http://www.orlandoweekly.com/features/story.asp?id=1599

    The MURDERS involved and missing TRILLIONS leave me NO CHOICE

    Judson Witham

    Hey Just Exactly The SAME CON all over TEXAS

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Investors mired in muddy mess of sub...   CATHY GORDON : Staff  They said they would take me under advisement," said Etheridge, who has since purchased the subdivision notes from the bank. 06/22/1987

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Investors mired in muddy mess of sub...   CATHY GORDON : Staff  Pinewood Village resident Shelly Dayton said she lives for the day when she can travel Pinewood Village roads without battling potholes.  06/22/1987

    Resident's crusading `fans fire'/Subdivision's critic outlines difficulties  CATHY GORDON : Staff  I want to warn people about the Pinewood Villages of the world." But my only motivation is putting a stop to Pinewood Villages. 06/22/1987

    Did He Say Land Fraud, Bank Looting and CHURNING THE TITLES

    Did He Mention Hillary was an RTC Lawyer and Worked on the Land Deals To !!!

     
    Friggens, Beware the Ranchero Racketeer, READER'S DIGEST, Jan. I963, at 84, 86, reprinted in Hearings on Frauds and Quackery, pt. 2, at 202, 204. I968] http://www.jstor.org/pss/1339306

    Paper Paradise
    Thanks to the Internet, sales in paper subdivisions are exploding again four decades after sparking national outrage and a state crackdown. As state officials look into the new trend, experts fear that today's buyers, many of whom are immigrants in northern states, are repeating costly mistakes.
     
    Resources Illegal or unapproved subdivisions, especially where land has not been ..... Gulf American's record of land fraud and unethical and illegal sales tactics, .... a big difference between soft market terms and squishy un-market soft ones ...
    www.floridalandscams.com/Resources.html - 59k - Cached - Similar pages

    County paved way for 1960s-era land sales, Internet sales of today
    Sellers profiting from the sale of swampland on eBay today can thank Volusia County's lax development laws of the 1960s.

    Map of the US - Mexican border

     

    Thumbnail of and link to report PDF (1 MB)

    Colonias, which are unincorporated border settlements in
    the United States, have emerged in rural areas without the governance and services normally provided by local government. The expansion of colonias in the United States-Mexico border region can be traced to the rapid growth associated with the Mexican Border Industrial Program during the 1960s. This rapid population growth created a lack of affordable housing, causing new migrants in the United States to purchase rural homestead lots through a contract-for-deed program from land developers. Because of the need to keep prices affordable and the absence of effective land-use controls, these homesteads expanded into rural subdivisions, commonly called colonias, without proper infrastructure. Colonias have been identified in the four U.S. border states, with Texas having designated the majority, which numbered over 1,400 colonias in 2001. Because the region is binationally interconnected economically, politically, and socially, the phenomenon of colonias in the United States is a transborder issue.

    See   http://pubs.usgs.gov/fs/2008/3079/

     

    Cochise County Arizona

    Land fraud, bankruptcy, murder, suicide, incarceration and greed surround the history of Cochise College Park subdivision. Located in Cochise County, ...
    www.cochise.az.gov/cochise_treasurer.aspx?id=174 - 40k -
    Cached - Similar pages

    Paper Paradise
    Thanks to the Internet, sales in paper subdivisions are exploding again four decades after sparking national outrage and a state crackdown. As state officials look into the new trend, experts fear that today's buyers, many of whom are immigrants in northern states, are repeating costly mistakes.

    County paved way for 1960s-era land sales, Internet sales of today
    Sellers profiting from the sale of swampland on eBay today can thank Volusia County's lax development laws of the 1960s.
     
     
    Friggens, Beware the Ranchero Racketeer, READER'S DIGEST, Jan. I963, at 84, 86, reprinted in Hearings on Frauds and Quackery, pt. 2, at 202, 204. I968] http://www.jstor.org/pss/1339306

    THE CLINTONIAN MODEL..ARKANSAS LAND FLIPPIN AND DAISY CHAINS

    Hey Bill and Hill "DIRT DEALING IN ARKANSAS"

    The Continuing SAGA of The Great Texas Bank Job...

    HOW THEY DID IT...

    TARP
    The Great American Coverup


    Sightings from The Catbird Seat

    ~ o ~

    Definition of tarp - the short form of a big word meaning a coverup constructed from whole cloth, designed to protect stuff that can't withstand exposure to the elements.

    Here is the government's 106 page definition - read and enjoy
    CNNMoney.com

    City-Data.com


     May 15, 2009

    Insurers get preliminary
    OK for Treasury funds

    By JENNIFER MALLOY ZONNAS , AP

    The federal government has agreed to extend billions in bailout funds to six major U.S. life insurers, helping them shore up their capital positions in the wake of major investment losses.

    The Hartford Financial Services Group Inc. said Thursday that it had been notified by the Treasury Department that it was eligible for $3.4 billion from the Troubled Asset Relief Program, or TARP. Lincoln National Corp. ), which goes by the name Lincoln Financial Group, said it has been initially cleared for a $2.5 billion injection from TARP's Capital Purchase Program.

    Allstate Corp. ( ALL - news - people ) of Northbrook, Illinois, Minneapolis-based Ameriprise Financial ( AMP - news - people ) Inc., Principal Financial Group ( PFG - news - people ) Inc. of Des Moines, Iowa, and Prudential Financial Inc. ( PRU - news - people ) of Newark, New Jersey, also are among insurers receiving preliminary investment approval, Treasury spokesman Andrew Williams confirmed. He declined to disclose the amount of investment each company will receive.

    The total capital injection into the six companies will be less than $22 billion, The Wall Street Journal reported, citing a person familiar with the situation.

    Shares of the insurers were mixed at midday Friday. Shares of Connecticut-based Hartford Financial rose 58 cents, or 3.9 percent, to $15.33, while Lincoln National gained 10 cents to $16.34, Ameriprise added 17 cents to $25.23 and Principal Financial rose 26 cents to $19.13. But shares of Prudential fell 96 cents, or 2.5 percent, to $38.41 and Allstate lost 55 cents, or 2.2 percent, to $24.70.

    The $700 billion TARP bailout fund, approved by Congress last year, was originally intended to purchase toxic loans on the books of banks that were inhibiting their ability to make loans. But the fund quickly morphed into a capital backstop fund for banks and was also used by the Treasury Department to make loans to General Motors Corp. Chrysler and insurance giant American International Group Inc. people

    Life insurers also requested government aid, worried that their balance sheets had became clogged by illiquid assets and escalating liabilities to policy holders who bought in to this decade's explosion in the variable annuities market.

    Life insurers own 18 percent of all corporate bonds, so aiding them is consistent with the bailout program's goal of unclogging credit markets. Insurers also have seen their investment portfolios slammed by declines in stocks, real estate and other financial assets in the last two years. Analysts have warned that some insurers risked falling below necessary capital levels, which is essential to avoiding costly downgrades from ratings agencies.

    Related Stories

    Exploring AIG's Secrets

    Insurers Set To Tap TARP

    Insurance companies won backing from the Bush administration last year to be considered for the government's TARP program because some of the companies either owned savings and loans or acquired them to be considered for the bailout program, or were already classified as bank holding companies. The Hartford and Radnor, Pennsylvania-based Lincoln National, two of the largest U.S. life insurers, and several others applied to become thrift holding companies last fall.

    Regulators approved applications earlier this year from those two firms. Hartford said in January that it expected to be eligible for between $1.1 billion and $3.4 billion in bailout money.

    After a company receives preliminary approval for support from the TARP program, it can take several weeks for the final paperwork to be approved and for the loans to be disbursed.

    "These funds would further fortify our capital resources and provide us with additional financial flexibility during one of the most volatile market climates in our nation's history," Ramani Ayer, chairman and chief executive of The Hartford, said in a statement.

    "Access to the Treasury's Capital Purchase Program is a means to further enhance the company's financial flexibility and capital in what has continued to be an unprecedented economic environment," said Dennis R. Glass, president and chief executive of Lincoln Financial.

    Not all insurers sought U.S. aid, however. MetLife Inc. said last month it would not participate in the Treasury Department's capital purchase program. The New York-based insurer issued the statement in response to widespread speculation that life insurers would seek a federal bailout.

    http://www.forbes.com/feeds/ap/2009/05/15/ap6428856.html

    Continued at ...

    http://www.kycbs.net/TARP.htm

    Additional References:

     

    The Missing TRILLIONS

    "DIRT DEALING" now that's something NELDA LUCE RADABAUGH BLAIR, HILLARY & BILL CLINTON, The Bushs, Neil, Jeb, Big "H" and "W" all have in common

    NELDA LUCE RADABAUGH was FATCO's LIAR in Conroe at the height of the LAND CONS I was exposing.  NELDA was INSTALLED as a Special Prosecutor over the Land Cons written about OVER AND OVER AND OVER in local Newspapers and featured on Television and Radio News.  FACT FATCO was the primary insurer at many HUNDREDS of Illegal Developments...THOUSANDS of deceptive and misleading Title Policies making all the ILLEGAL LAND SALES and Lending Possible.  On one vist to NELDA's Office at the COUNTY ATTORNEY'S OFFICE....NELDA's Office Suite was PILED HIGH with many THOUSANDS of FATCO Title Policys. ALL over the desks, filing cabinents, tables, chairs. FATCO was heavily involved in the LAND CON we were screwed in AND yes Judson Sued them in Judge Lynn Hughes Court in Houston...WE SETTLED OUT OF COURT

    QUESTION....how deep is FATCO and their related companies in HAWAII's Land Cons ???

    http://www.chron.com/CDA/archives/archive.mpl?id=1986_250754

    Witham, who was brought before Justice of the Peace James Dinkins on Tuesday, told Dinkins that, "My family has been involved with trying to expose organized real estate crime in this county. I haven't done anything to anybody."

    The Whitewater property in Arkansas
     
     
    Friggens, Beware the Ranchero Racketeer, READER'S DIGEST, Jan. I963, at 84, 86, reprinted in Hearings on Frauds and Quackery, pt. 2, at 202, 204. I968] http://www.jstor.org/pss/1339306

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Investors mired in muddy mess of sub...  CATHY GORDON : Staff  They said they would take me under advisement," said Etheridge, who has since purchased the subdivision notes from the bank.  06/22/1987

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Investors mired in muddy mess of sub...  CATHY GORDON : Staff  Pinewood Village resident Shelly Dayton said she lives for the day when she can travel Pinewood Village roads without battling potholes.  06/22/1987

    Resident's crusading `fans fire'/Subdivision's critic outlines difficulties  CATHY GORDON : Staff  I want to warn people about the Pinewood Villages of the world." But my only motivation is putting a stop to Pinewood Villages.   06/22/1987

    SOUND FAMILIAR ???

    Clinton's Land Flippin

    Dirt Road LAND FLIPPIN and Bank / S&L Frauds

    What was the story in ARIZONA in the 1960s

    County Treasurer's Office

    Did he say COLONIAS FLIPPIN & GARY MAURO

    AND WESTERN BANCORPORATION

    DIRT ROAD LAND CONS and ROSE LIE FIRM  HOLY SNIKES

    PAPER WILDCAT SUBDIVISIONS....RED FLAG, UNRECORDED COLONIAS

    You know like Castle Grande..Whitewater...Maplewood Farms...Campebello Island

    Every Arizona county and hundreds of thousands of trusting land purchasers were victimized by the rampant land scams of the 1960's. Artist renditions showed trees and lakes with boating and all the modern facilities: streets, street lights, golf courses, a real piece of the American dream. The true picture was a section of dry Arizona deserts with no development whatsoever. Although Arizona has the reputation of being the worst in the nation, Florida was not far behind and many states had similar swindles take place during the same time period.

     
     
    The Continuing SAGA of The Great Texas Bank Job
     

    Thanks Professor Black ...You see Steve Pizzo, The Houston Chronicle, Houston Post (Pete Brewton) LUCY PROCTOR and Debra Fricker of the Conroe Courier, ABC, NBC, CBS, US MAGISTRATE LINGO PLATTER and US SECRETE SERVICE AGENT RICK WILLIAMS (Houston)  ALL deserve credit LIKE all those CAT-BIRDSSSSS

    Here's some MORE links for your research

    Thanks Professor Black

         

    Madoff Made Hefty Political Contributions to Top Officials ...

    frontline: once upon a time in arkansas: Jim Clark's Testimony

    Deseret News | Congress or SEC to blame on Madoff?

    American Continental Corporation and Charlie Cheatings GANG

    frontline: once upon a time in arkansas: THE CASTLE GRANDE DEAL

    HUD Thieving Full of SHIT Liars !!! Bushs and Clintons ...

    Investment fraud suspect Stanford was major political donor

    Robert Allen Stanford, his firm, or its employees are said to have delivered $2.4 million to political operations since 2000.

    Good Old Phil Graham UBS: American Investors' Identities To Be Revealed

    Kenny Boy Starr and Kenny Boy Lay…Birds Of A Feather

    Kenny Boy Lay and Billy Bob Clinton and Kenny Boy Starr LIAR LIARS PANTS ON FIRE

    1.    F.D.I.C. Fails in Plan to Sell Giant Texas Development - New York Times

    Obama Camp Resurrects McKeating

    1.    Black, The Best Way to Rob a Bank Is to Own One, University of Texas Press

    Former Riggs Executive, Wife, Charged With Fraud and Conspiracy

    By Terence O'Hara
    Washington Post Staff Writer
    Saturday, May 28, 2005; E01

    Riggs Bank

    July 30, 2008

    Riggs Bank And Ed.Whitfield

    Hillbilly Report
    Glendale, Kentucky

    Ditch Mitch KY.
    Barefoot And Progressive
    Page One
    James Pence Videos

    According to Congressman Ed. Whitfield's 2000 personal financial disclosure Ed. Whitfield bought Riggs Bank stock and it appears Ed. Whitfield bought the stock just before Jonathan Bush, George W. Bush's uncle, was appointed CEO of Riggs Bank's investment arm in May of 2000, just months after George W. Bush secured the presidential nomination.
    This is the bank that was fined $25 million, 2004, for violating anti-money laundering laws in its handling of tens of millions in cash transactions in Saudi-controlled accounts with possible links to terrorism financing. This same bank also that also helped Chilean dictator Augusto Pinochet hide millions of dollars in assets from international prosecutors while he was under house arrest in Britain after an indictment in Spain on charges of (crimes against humanity). Riggs Bank admitted it was criminally liable for failing to take adequate measures to prevent potential money laundering by former Chilean dictator Augusto Pinochet and officials of Equatorial Guinea and was fined $16 million.
    According to Congressman Ed. Whitfield's 2006 personal financial disclosure (the best I can tell, because the Schedule IV-Transaction Form doesn't appear to have all the information requested on the form) Ed. Whitfield sold off his Riggs Bank assets September, 9 2006

      

    http://911research.wtc7.net/talks/wtc/tenants.html

    http://static.flickr.com/1341/1385805563_fdc1e85af6.jpg

    MAYBE NOT 

          

    Western Bank Headquarters in Houston, TX 1982

     Western bank failures largest in city's history

    Western Bank Headquarters in Houston, TX 1982

    WithBushFather&Sons

    NELDA LUCE RADABAUGH was the Lawyer for the American Continental Title Insurance Company at the VERY SAME TIME She was the Assistant Montgomery County Attorney with Conroe Lawyer Marcus Winberry

    http://www.neldablair.com/images/Nel-President-Bush_001.jpg

    CAMPAIGN FINANCE SCANDAL ON STERIODS

    Country Wide Financials Contributions

    Ken Lay’s Contributions

    Freddie Mac’s Contributions

    Madoff’s Contributions

    Fannie Mae Contributions

    Abramoff’s Contributions

    Keating Five Contributions

    Merrill Lynch’s Contributions

    THE WORST GOVERNMENT MONEY CAN BUY

    Here’s “One”  Of The ORIGINAL Western Bank - PINEWOOD VILLAGE DEVELOPERS

    SEE MORE AT  Land, Bank, S&L Frauds RAMPANT across America

    COURTS/POLICE  Staff  Prosecutor Bill Taylor said Robert L. Vickers, 56, used the funds, which were intended to pay the couple's income taxes, on eight occasions from Jan. 18, 1984, to April 9, 1985.  12/12/1985   This guy was in the deal with Witson B. Etheridge, Tom Eikel, WG Horne III and the Western Bank President Harreal Blackshear, before they brought in Clesson land Investment Inc. ( remember American Continental Land Investment and Charlie Keatings American Continental Corporation, GUESS WHO WAS THE TITLE INSURERS yup The American Continental Title Insurance Corp from Atlanta and MIAMI FLORIDA you can ask Nelda Luce Radabaugh BlairDepression

    Funds at more banks frozen in fraud case

    RAD SALLEE : Staff

    Investigator Clyde Wilson said he reached Vickers by phone in a Yuma, Ariz., prison, and Vickers told him his name is being used by others, but he is not involved in the scheme.

    12/29/1989

    $14 million frozen in lawsuit alleging mortgage fraud

    RAD SALLEE : Staff

    Zager said that attorney Whittle's signature is on the deeds of trust and that attorney Vickers' is on the title policy commitments.

    12/23/1989

    How do you rob a Bank or S&L with with   Funny Land Cons or ILLEGAL SUBDIVISIONS ??

    WELL Lets Ask Arizona Department of Real Estate Commissioner Sam Wercinski

    The Arizona Department of Real Estate  know plenty about Illegal, Unpermitted or Unlawful Subdivision Developments and Land Fraud…..    write to  SAM@azre.gov  he’ll tell you ALL

    He like Hill & Billary  KNOWS what Illegal Lots and Illegal Subdivisions are,   just like State AG's White, Mattox, Morales, John Cornyn, Gregg Abbot BILL CLINTON, and Texas Secretary of State US Attorney General ALBERTO GONZALES do, hell we ask the ARIZONA REAL ESTATE COMMISSIONER HE DAMNED SURE KNOWS

     
    Castle Grande and Whitewater Make TWO
    Campebello Island and Maplewood Farms uh that's FOUR right !!

    Lucy Proctor “formerly”  with  The Conroe Courier KNOWS and so does the Rose Lawfirm’s Hillary Clinton, Some say Colonias, Some Say Whitewater / Castle Grande, some say PLAIN CRIMINAL

    The ARKANSAS COLONIAS exactly like Nelda Luce Radabaugh’s CLIENTS

    DIRT ROAD SUBDIVISION CONS ask Good Old NELDA and GOVERNOR W. BUSH

    Montgomery County,  Texas Has HOW MANY

    635 Illegal DIRT ROAD SUBDIVISIONS IN ONE COUNTY !!

    Texas has more than 4,000 ILLEGAL SUBDIVISIONS or COLONIAS

    See… http://www.pbs.org/klru/forgottenamericans/press/facts.htm

    frontline: once upon a time in arkansas: Fool for Scandal 

    The Whitewater property in Arkansas

    Fool for Scandal: How the 'Times' got Whitewater wrong ... All this over a failed $ 200000 dirt-road real estate deal up in Marion County and a savings and ...
    www.pbs.org/wgbh/pages/frontline/shows/arkansas/whitewater/lyonsarticle.html - 48k - Cached - Similar pages

    600 Illegal Red Flag Unrecorded, UNPERMITTED Whitewater, Castle Grande  "LIKE"  Land CONS in ONE Texas COUNTY - It's a RECORD that FAR FAR FAR surpasses the CLINTONS - right Gaury Mauro "TX LAND COMMISSIONER"

    The BLOOD TRAIL STARTS in Houston and Dallas in the 1980s...That White River SUBDIVISION FLIPPIN of the Clinton PUKES is but the TIP OF AN ICEBERG

     

    Report: Developers owned almost all troubled S&Ls

    Forgery claims probed in Mauro deal 

    While you were distracted

    Congress the Senate and the Presidency LOOTED AMERICA

    CHARLIE WILSON'S WAR what a pack of HORSE SHIT

    Ollie North N Company Pappy Bush's Boys

    http://www.newsmeat.com/fec/bystate_detail.php?last=Madoff&first=Bernard

    http://www.publicintegrity.org/blog/entry/1096/

    www.witnesstoacrime.com

    FACT IS...all that Land Flippin CRAP the Clinton MAFIA was pulling was COVERED UP by good Ol Boy Kenny Boy Starr....The Land DEVELOPMENT FLIPS in Kenny Boy's TEXAS were simply to close to the BUSH MAFIA'S BALLS.

    PROOF R.V.  King's mess  -  La Cour Du Roi, Inc. v. Montgomery County Texas 698 S.W.2d 178 Tex.App. Beaumont 1985 ….. The defendant's attorney stated that there were 500 unrecorded subdivisions in Montgomery County and that people who lived in some of these unrecorded subdivisions wanted better roads and maintenance.  La Cour Du Roi, Inc. v. Montgomery County Texas 698 S.W.2d 178 Tex.App. Beaumont 1985......Du ROI urged that its rights had been violated, arguing that it had been singled out for unfair treatment. We think these issues were not adequately developed.....  There was more than a scintilla of evidence to show that the father of a county-wide elected official was alleged to have developed an unrecorded subdivision as well as the husband of the secretary of the elected official.

    Joanna Herring KING !!!  ......  ROBERT KING Houston Land Developer

    AH ALL THOSE LAND DEVELOPMENT FLIPS

    frontline: once upon a time in arkansas: Jim Clark's Testimony  once upon a time in arkansas Jim Clark's Testimony. Federal bank examiner Jim Clark's Testimony on Madison Guaranty Saving & Loan Association ...
    www.pbs.org/wgbh/pages/frontline/shows/arkansas/castle/clarktestimony.html - 39k - Cached
    - Similar pages 

    Intertec: Big deals, big names and very big problems/Cries of forgery and fraud fly as well-connecte...  JAMES DRUMMOND, MARY C. BOUNDS : Staff  It would have been insane for anybody from Intertec to have done that," he said of the questioned signatures.  01/17/1988

    TEXAS LAND COMMISSIONER

    Gary Mauro Mr. Intertec

    was on board for BOTH Clintons

    http://www.joanneherring.com/

    Joanna Herring King ON BOARD for ALL of BushCo and BOYZ

     
     

     

    frontline: once upon a time in arkansas: THE CASTLE GRANDE DEAL once upon a time in arkansas THE CASTLE GRANDE DEAL. by Rick Young ... After several months of close examination, Jim Clark, the Federal Home Loan Bank ...www.pbs.org/wgbh/pages/frontline/shows/arkansas/castle/ - 20k - Cached - Similar pages 

    Western bank failures largest in city's history  SCOTT CLARK : Staff The three failed Houston banks were subsidiaries of Western Bancorporation, a private bank holding company owned by Swiss investor O.R. Lababedi. 10/02/1987  

    Report: Developers owned almost all troubled S&Ls United Press International  Thrift experts place the two dozen institutions at the heart of an epidemic of risky lending and outright fraud that virtually bankrupted the Federal Savings and Loan Insurance Corp.  09/21/1987

    Did He Say Illegal Subdivisions

    Colonia (United States) - Wikipedia, the free encyclopedia

    A colonia is a rural, unincorporated settlement along the U.S.-Mexican border. .... United Nations Center for Human Settlements (UNCHS). 1996. ... en.wikipedia.org/wiki/Colonia_(border_settlement) - 55k - Cached - Similar pages

    `Epidemic' of bank, S&L fraud cited/D.C. panel blaming insider misconduct for many failures JAMES DRUMMOND, BOB SABLATURA : Staff Epidemic' of bank, S&L fraud cited/D.C. panel blaming insider misconduct for many failures In Houston, 18 FBI agents are assigned exclusively to investigating allegations of bank fraud, said Joyce. 10/14/1988  

    Fraud `epidemic' cited in bank, S&L failures JAMES DRUMMOND, BOB SABLATURA : Staff In Houston , 18 FBI agents are assigned exclusively to investigating allegations of bank fraud, said Joyce. 10/14/1988  

    Making the past speak to the future/If events at the end of the 19th century are any indication, we'... ANN HOLMES, Houston Chronicle Critic-at-Large : Staff Today, it has to do with fraud, bad loans and insider trading. Grover Cleveland became president in 1893 and took over a country besieged by financial panic and a flurry of bank closings. 12/31/1989

    FBI probing senators' acts to help executive Washington Post One source said that several FBI agents who conducted the interviews also attended the recent House Banking Committee hearings on Lincoln . 11/12/1989

    Former thrift officer alleges Loeffler offered to make deal Knight-Ridder Newspapers Prosecutors contend that the conspiracy involved use of thrift funds for $55,000 in political contributions to former House Speaker Jim Wright, U.S. Rep. 08/09/1989  

    Thrift president named in 33-count indictment Associated Press The task force is a multiagency group which brought the charges as part of the U.S. Justice Department's ongoing investigation of suspected fraud in the Texas banking and savings industry. 06/02/1989

    Ex-thrift exec to plead guilty Associated Press The documents show Malone agreed to plead guilty to bank fraud charges. 05/23/1989

    Testimony discloses Wright S&L offer Associated Press In return for the contributions, Jim Wright guaranteed the legislation would not get out of committee," Farmer said. On one check the words "For Jim Wright" were written on the memo line, she said. 05/07/1989 

    Trial yields testimony of Wright S&L offer Associated Press On one check the words "For Jim Wright" were written on the memo line, she said. 05/07/1989  

    Wright pays for `85 use of banker's jet Washington Post According to Dallas press accounts, Hood was found guilty in a $315,000 fraud at a local bank in 1984. 04/29/1989  

    Nader criticizes Bush S&L plan/Proposal called unfair to taxpayers BILL MINTZ, Houston Chronicle Washington Bureau : Staff Lloyd Cutler was head of the commission that proposed the pay hike, which was supported by former President Reagan and House Speaker Jim Wright. 02/16/1989  

    U.S. leaders debate solutions for thrifts BILL MINTZ, Houston Chronicle Washington Bureau : Staff Jake Garn, R-Utah, ranking Republican on the Banking Committee. Phil Gramm, R-Texas, a member of the Banking and Budget committees. 02/05/1989  

    Ex-owner of Irving thrift faces indictment in Iowa Associated Press He contributed $7,000 to a pair of House Speaker Jim Wright's political committees in 1985. At Wright's urging, Gray spent 2 1/2 hours with Gaubert. 03/17/1988

    Authorities probing alleged forgeries in real estate loans MARY C. BOUNDS, JIM DRUMMOND : Staff Hacker emphasized that Wright is no longer a director at the bank. That loan was given within weeks after Wright was elected to the Western Bank-Downtown board. 01/24/1988  

    Forgery claims probed in Mauro deal MARY C. BOUNDS, JIM DRUMMOND : Staff Hacker emphasized that Wright is no longer a director at the bank. That loan was given within weeks after Wright was elected to the Western Bank-Downtown board. 01/24/1988

    Intertec: Big deals, big names and very big problems/Cries of forgery and fraud fly as well-connecte... JAMES DRUMMOND, MARY C. BOUNDS : Staff For instance: Caraway and Wright were directors at banks that made several million dollars in loans to their projects. Wright was on the rebound from his own political loss. 01/17/1988  

    Regulators to close or merge many insolvent Texas thrifts GREG STEINMETZ : Staff Responding to questions, Wall said he shares the convictions of House Speaker Jim Wright, D-Fort Worth, who fears for the growth of large, urban institutions at the expense of their smaller rivals. 01/16/1988 

    Rules panel clears way for $10.8 billion FSLIC package Staff The bill was called a "workable compro mise" by House Speaker Jim Wright, D-Fort Worth. The conferees left untouched portions of the banking bill that would ban non-bank banks created after March 5. 07/31/1987

    Congress considering compromise on S&Ls/Industry would receive $10. 8 billion infusion Staff Also, it has been disclosed that House Speaker Jim Wright, D-Texas, telephoned the chairman of the Federal Home Loan Bank Board about the agency's handling of several failed S&Ls in Texas . 07/30/1987  

    Wright twisted arm of regulators to aid S&Ls, reports say Houston Chronicle News Services Hall told Newsweek, "I talked to Jim Wright and a lot of other congressman - anybody who'd listen - to get the lawsuits pulled back." 06/22/1987

    Bad press has Texas' savings and loans scrambling to calm customers  BRIAN LEVINSON : Staff Last week, two former directors of the failed First Commercial Bank in Houston were indicted on bank fraud charges, and the bank's former president agreed to plead guilty to a conspiracy charge.  06/21/1987

    Savings and loans fight bad press, customers' subsequent hesitance BRIAN LEVINSON : Staff Last week, two former directors of the failed First Commercial Bank in Houston were indicted on bank fraud charges and the bank's former president agreed to plead guilty to a conspiracy charge. 06/21/1987

    Billions to rescue Texas thrifts urged/Exec says 70 pct. of funds proposed for FSLIC should go to st... JAMES R. PIEROBON, Houston Chronicle Washington Bureau : Staff McAllister said management fraud at selected Texas thrifts multiplies the need for the industry's money. 05/18/1987

    Congress struggles for cure for ailing thrifts JAMES R. PIEROBON, Houston Chronicle Washington Bureau : Staff If certain tactics by House Speaker Jim Wright, D-Fort Worth, are any indication, the FSLIC problem may haunt depositors for a long time. Jim Leach, R-Iowa, a Banking Committee member, said. 04/05/1987  

    Wright holding up thrift bill to win concessions for Texans JAMES R. PIEROBON, Houston Chronicle Washington Bureau : Staff Congressional aides said Wright considers unreasonable some of the demands by bank board conservators against Hall and the thrifts with which Hall does business. 10/02/1986

    The Houston Chronicle, Houston Post and Conroe Courior ran many stories about the ILLEGAL LAND DEALS and Bank Lootings Judson Witham Exposed.  KAT WOOLFORD and the FDIC turned a HUGE BLIND EYE to all the CORRUPTION.

    Pete Brewton's Editor was Gerald Egger and he worked at the Loop Central Post Offices off SW Freeway and 610 West Belt.  I provided HUGE AMOUNTS of information to Brewton.  IN FACT I dealt with George Mischner when he was a SMALL APPLIANCE BROKER for Gaffers and Sattler up off North Sheppard.  The FORMER Houston Post wrote many articles about the Land Deals and Bank Lootings I EXPOSED not to mention the S&L Debacle associated primarily with LAUNDERING MONEY Whitewater Style around Montgomery, Harris, Fortbend, Tarrant, Liberty, Polk and Galveston Counties ET AL.  I spoke volumes to Brewton regarding how the INTRICACIES of the Land Subdivision Laws and VAST tracts of BOGUS development land was being used to Loot Many Hundreds of Millions from Texas Banks and S&Ls and Banks all over America.  The really FUCKED UP THING is the DOJ and FBI covered most of it up with HUD FHLBB and the FDIC with help from federal Courts, State Attornies and a host of extremely corrupt Politicians.  TOM DELAY and COMPANY are the TIP of the iceberg.  The Great Texas Bank Job is NOT a complete picture and is a work in progress, SORRY if it's a little hard to follow BUT, look at the Chochise County Arizona model and the MURDER of DON Bolles and compare with Campebello Island, Maplewood Farms, Whitewater, Castle Grande and a HOST of WHITE ELEPHANT PROPERTIES and LAND FLIPS for background.

    The GREAT TEXAS BANK JOB is REAL.  What did you think I was kidding

    These CORRUPT BASTARDS have been looting America for DECADES

    Whitewater, Campebello Island, Maplewood Farms, Castle Grande and the MADISON LOOTING where only a DROP in the OCEAN compared to The Great Texas Bank Job

    PLEASE understand there is maybe a FEW TRILLION Missing do you know where your money is ??

    Judson Witham

    A reminder of Republican greed

    for the younger among us,

    or those with short memories ...

    The Mafia, CIA

    and George Bush

    Pete Brewton

    (New York: S.P.I. Books, 1992)

     INTRODUCTION

    Something very significant happened during our country's savings-and-loan crisis [in the 80s] -- the greatest financial disaster since tthe Great Depression.  It happened quietly, secretly, without any fanfare and attention. It happened before our very eyes, yet we knew it not.

    What we all missed was the massive transfer of wealth from the American taxpayers to a select group of extremely rich, powerful people. What these people had in common -- unknown to the American public -- were their symbiotic relationships to the Mafia and the CIA, and to the two most prominent, powerful politicians from Texas, President George Bush and Senator Lloyd Bentsen.

    This small cabal of businessmen realized that the S&Ls were going the way of the dinosaurs. They recognized that S&Ls couldn't survive under rapid inflation and high interest rates. So they decided to exploit the situation for their own purposes, with help from, and rewards for, the Mafia, the CIA and their favorite politicians. They probably figured that the insulation and protection these powerful institutions and individuals conferred upon them, in addition to all the endemic protections with the financial, judicial, political and journalistic systems, made them invulnerable. They were probably right.

    For unlike Watergate and Iran-Contra, this was a bipartisan scandal. There was no opposition party to push for an independent investigation. In fact, the same group of wealthy, powerful businessmen, centered in Houston, that encircle Republicans like George Bush and James A. Baker III, also encircle Democrats like Jim Wright and Lloyd Bentsen.

    This information enables one to view the 1988 elections, in which not one cross word was ever spoken about the savings-and-loan debacle, in a whole new perspective. It was not merely a fortuitous coincidence that both Bush, the Republican nominee for President, and Bentsen, the Democratic nominee for Vice President, were part of, and beholden to, the same group of Houston businessmen. Even if the Democrats lost that presidential election, as they did, Bentsen could still win re-election to his Senate seat under the so-called "LBJ rule." The Houston boys, as usual, had their bets covered.

    (If the Democrats had won in 1988, this book would be entitled "The Mafia, the CIA and Lloyd Bentsen," for Bentsen and Bush are two interchangeable peas in a pod. They have many friends, business associates and campaign donors in common. The story of the most important one they share begins this book.)

    But Bush won in 1988, and one of the reasons he did was his ability to keep the S&L scandal out of the political debate. He was assisted in this by none other than Bentsen, as we shall see. They both had much to hide, Bush in particular. Not only were many of the President-to-be's friends involved -- along with two of his sons -- but Bush himself, as Vice President, had personally intervened in the federal regulation of a dirty Florida savings and loan that was being looted by people with connections to the Mafia and the CIA. This S&L ultimately failed, costing taxpayers nearly $700 million.


    The S&L scandal is the vehicle for telling the story about these leading American politicians and businessmen. But the relationships between these individuals and how they control and manipulate public and private institutions is the bigger story. Unless we know who these people are and understand how they operate, we can all look forward to more S&L-type debacles to come.

    The S&L scandal was almost the perfect crime. The layers of protection and insulation between what the public discovered was going on at the savings and loans and what actually happened with the money were so many and so thick that the crimes and theft would never be completely figured out. And even if the truth were ultimately unearthed, there were additional layers between that revelation and the bringing of those responsible to the bar of justice and recovering the money.

    The first and foremost layer of protection is the difficulty in tracking the money from the savings and loans to its ultimate destination. That is why almost no FBI agent, federal prosecutor, S&L regulator, congressional committee or journalist has been able to track the money. Yet where the money went is really the only thing that matters. The rest of the "facts" that, typically, got investigated, prosecuted and written about were mostly smoke and mirrors, set up to shield who really got the hundreds of billions of dollars that taxpayers must pay back and to hide what the money was used for.[1]
    -----
    [1]--A notable exception is the book Inside Job, by Stephen Pizzo, Mary Fricker and Paul Muolo, which nailed down the fact that the savings-and-loan debacle was caused primarily by fraud.
    ----
    The five years that went into this book represent my efforts to peel b ack all the layers of insulation and protection to get to the real culprits. I have organized this book with that process in mind, to help the reader understand a complicated and confusing subject.

    In general, the bulk of the money lost in the S&L crisis that American citizens must now pay for went to the owners of the property and assets that the more notorious borrowers purchased with money from S&Ls run by equally infamous owners. This seems to be obvious, yet it somehow got lost in all the hype and hysteria. While Congress, the Justice Department and the press concentrated on the flamboyant borrowers and managers of the S&Ls, the big recipients of the money -- the wealthy, powerful landowners and property owners -- crept off quietly with their profits.. <

    In the second half of this book, a number of examples will be detailed to show how this happened, and who got the money. For example, one later chapter deals with a $200 million, 21,000-acre land transaction in Florida in which much of the borrowed S&L money went to a paper company owned by the Du Pont empire, one of the oldest, richest, most powerful bastions of wealth in this country.

    We know this because many of the lending documents were pursued by a lone, shrewd, tenacious federal regulator named Kenneth Cureton. However, the unraveling of this transaction was a rare and exceptional event. But even it could not be called a complete victory. The Department of Justice's International Division, the government body through which subpoenas to offshore banks must pass, inexplicably became a brick wall for Cureton's efforts to obtain records on the Isle of Jersey in the English Channel, where a big chunk of the money went -- possibly to buy weapons for Iraq. >

    Since so many of the crucial documents in this scandal are not available, we are left with the second-best avenue of investigation: finding out who the original property owners were and everything we can about them, and then doing the same thing for the S&L proprietors and borrowers. The bulk of this book consists of that enterprise.

    The evidence uncovered is clear, convincing, and compelling: Members and associates of the Mafia and the United States Central Intelligence Agency were key participants in our nation's savings-and-loan debacle, and some of the richest, most powerful people in the country did business with these participants and profited from the S&L crisis.

    That members of the Mafia and the CIA, two organizations that operate in secrecy and whose members take sacred oaths -- one supposedly dedicated to national security, the other simply to their organizations' security -- may have been working together is not unprecedented in this country. But that fact doesn't make their cooperation any less outrageous.

    It is well known that members of the Mafia and the CIA conspired to try to assassinate Fidel Castro. There are other, less substantiated, although credible, allegations regarding the two groups' involvement together in drug smuggling and money laundering in Southeast Asia, Australia and the Caribbean.[2]
    ----
    [2]--The Politics of Heroin in Southeast Asia, by Alfred W. McCoy (New York: Harper and Row, 1972); The Crimes of Patriots, by Jonathan Kwimy (New York: Norton, 1987); and In Banks We Trust, by Penny Lernoux (Penguin Books, 1986).
    ----
    There are also some curious, ominous connections between members of these groups and JFK-assassination figures Lee Harvey Oswald and Jack Ruby.


    Drawing a straight, direct line from the CIA operatives discussed in this book to the top officials of the CIA and on to the President is extremely difficult because of the way the CIA works. Most of the characters in this book are not the card-carrying bureaucrats and bean counters at CIA headquarters in Langley, Virginia. They are what are called CIA "assets," who can be someone who turns over an occasional piece of information to the CIA, without even knowing it is for the CIA, all the way up to someone who is continually working for the CIA in covert operations.

    A similar and, likewise, important cog in CIA operations is what is known as a cutout. A cutout is a front man or middle man set up to protect the identities of the primary participants. Like an asset, a cutout may or may not know for whom he is working and the actual purpose of his work. (The Mafia also makes use of such cutouts, except they call them "mustaches" or "beards.")

    The CIA uses assets and cutouts to maintain one of its prime directives: plausible deniability, or, in other words, "Don't get caught embarrassing the President." (The CIA is the intelligence-gathering and covert-action arm of the President. Perhaps that is the definition journalists should always refer to, rather than just throwing the general term "CIA" around as if it were some sort of independently run mythical loose cannon.) So . . . if an asset or cutout is caught breaking the law, the CIA can deny that its operative was working for it at that particular time.

    This leads to one difference between the Mafia and the CIA, particularly in this story. Once it is established that members and associates of the Mafia are involved in a failed savings and loan, that is usually enough to establish, prima facie, the involvement of the Mafia. Members and associates of the Mafia don't do such things without the knowledge, permission and the sharing of the spoils, with their superiors.

    The destruction of the savings and loan industry in Texas, and in some other parts of the country, worked basically like an organized-crime bustout or burnout. This is a mob scam in which a failing company is taken over, built up on credit, then drained of all its assets and purposely put into bankruptcy, leaving the creditors holding the bag.

    In the case of savings and loans, the credit was federally insured deposits injected by money brokers, like mob associate Mario Renda, and the creditors are the taxpayers. The front men, the cutouts and the "mustaches," like Don Dixon, Tyrell Barker, Ed McBirney, Jarrett Woods, Roy Dailey, Mike Adkinson and Robert Corson, are left to take the blame. But don't feel sorry for them, for they have usually skimmed enough off to offshore bank accounts to make it well worth a couple of years in jail, keeping their mouths shut.

    However, because of the CIA's doctrine of plausible deniability, the involvement of a CIA asset in a failed savings and loan does not make a prima facie case for the involvement of the CIA. In fact, I know of no independent test a journalist can conduct to determine whether the involvement of a CIA asset means the CIA has sanctioned it or whether the asset is just freelancing for his own gain. Both possibilities would look the same to an outside observer.

    The only way to tell would be if the CIA admitted its involvement or if there were unassailable, documented evidence sh owing S&L money going from an asset to a CIA operation. This is attainable only by subpoena, if at all. Even in such a case the CIA might deny that it knew the asset was pumping money into the operation or that it knew money came from an S&L. But if the CIA admitted that, it would be admitting that it is both incompetent and stupid.

    In the case of the failed S&Ls, the CIA has categorically denied its involvement. The CIA did admit to a congressional committee that it had a relationship to five individuals connected to failed savings and loans, and that it had also done business with four savings and loans that later failed. But the spy agency claimed that its business with these S&Ls was legitimate. However, there are several cases in which there are clear indications that S&L money went directly to operations that the CIA took part in, even if it didn't overtly control them -- for example, the cases of Iran-Contra and of weapons shipments to the Middle East.

    but one thing we can say, categorically: The CIA either knew or didn't know what its operatives were doing at S&Ls. If it knew, why didn't it stop them or alert the proper authorities? If it didn't know, how effective an intelligence agency could it really be?


    Finally, a word about the circumstantial evidence in this book. Circumstantial evidence must necessarily be used because of the secretive nature of the CIA and the unavailability of S&L documents. The evidence appears many times in this way: A failed S&L was owned and controlled by people who have done business with Mafia associates and CIA operatives; many of the borrowers were Mafia and CIA associates; many of the original property owners have done business with Mafia and CIA operatives and some of the money disappears in foreign accounts controlled by Mafia and CIA associates.

    What does such evidence prove? Based on my research and knowledge of the CIA, I believe it makes it more likely than not that someone in the CIA hierarchy knew about and approved, if not instigated, the S&L actions of its operatives. In any event, journalists are not in the proof business, we are in the information business. Proof is for mathematicians and courts of law, and even in those arenas, there are great disputes about what constitutes proof. The readers of this book, and the American public, can evaluate the evidence and information in this book for themselves and decide whether it should be acted upon or ignored.

    There is nothing intrinsically wrong with circumstantial evidence. In our country's courts of law, fortunes and lives can be won or lost, fairly and squarely, on the basis of circumstantial evidence. Juries, as well as readers of this book, may infer facts and conclusions from circumstantial evidence. I have attempted to set out all the facts and circumstantial evidence that I know. In some cases the meanings are clear and conclusions can be drawn. In other places the going gets a little tough, because there is not enough data and evidence to draw meanings and reach conclusions. For this I apologize; i wish I had found more information.

    In all, I have tried to follow the injunction of our forefathers, who in proclaiming their thesis in the Declaration of Independence, stated: ". . . let facts be submitted to a candid world."


    Admittedly, it is easy to be cynical and discouraged about the situation presented in the following chapters. One question I am constantly asked is: "What can we, the American people, do about this?" There are no quick-and-easy solutions or panaceas. However, like our founding fathers, we should have faith in the liberating power of knowledge and information. If we know how and why something happened, and who benefitted by it, then we will know the right thing to do.

     

    CAST OF PRINCIPAL CHARACTERS

    (IN ALPHABETICAL ORDER)

    The Mafia, CIA and George Bush

    Pete Brewton

    (New York: S.P.I. Books, 1992)

    WILLIAM MICHAEL "MIKE" ADKINSON, con man and good old boy from the Florida panhandle; built houses in Houston and sold arms with some Kuwaitis to Iraq; borrowed close to $200 million from a half-dozen dirty S&Ls; convicted for fraud in a $200 million S&L land deal in Florida and sentenced to 11 years in prison; associate of Robert Corson.

    ROBERT O. ANDERSON, former chairman of Atlantic Richfield; land-owner with Walter Mischer; borrowed from Hill Financial Savings with Richard Rossmiller.

    GEORGE AUBIN, Kappa Sigma frat rat who named most of his companies after his fraternity; took E. F. Hutton for $48 million and several Texas S&Ls for more; always just hanging around Louisiana mobster Herman K. Beebe; one place he never hung around was the inside of a jail, despite vow by several FBI agents to put him there.

    FARHAD AZIMA, Iranian native close to Pahlavi family; Kansas city airline owner; board member and stockholder of Kansas City bank controlled by the mob; CIA asset protected by CIA from criminal prosecution.

    JAMES A. BAKER, III, White House chief of Staff, former Secretary of the Treasury and Secretary of State; former partner at Andrews & Kurth, which investigated Raymond Hill and Mainland Savings and then did nothing; longtime good friend of Raymond Hill.

    JOHN BALLIS, Beaumont dentist who moved to Houston and married a rich man's daughter; developer; associate of John Riddle; pleaded guilty to savings-and-loan fraud and turned state's evidence against Roy Dailey.

    BEN BARNES, former Texas lieutenant governor; business associate of Herman K. Beebe, Walter Mischer and John Connally.

    JIM BATH, Houston airplane company owner; CIA asset, front man for rich Saudis; associated with Reza Pahlavi, the Shah's son, and business partner with Lan Bentsen, the senator's son, and George W. Bush, the President's son; borrowed from Lamar Savings and Mainland Savings.

    CHARLES BAZARIAN, Oklahoma con man, convicted felon and associate of numerous S&L crooks and mobsters, including Morris Shenker, Mario Renda and Don Dixon.

    HERMAN K. BEEBE, SR., Louisian financier, convicted felon and Mafia associate; many connections to the intelligence community; godfather of the dirty Texas S&Ls; did nine months in Club Fed.

    JAKE BELIN, former head of the largest private landowner in Florida, St. Joe Paper Co., which is owned by the A. I. DuPont Trust; protegé of Ed Ball, right-wing fanatic [sic!] and most powerful man Florida has ever known; Belin liked doing business with fellow Florida redneck Mike Adkinson; he also liked the $80 million St. Joe got from Hill Financial Savings.

    LLOYD BENTSEN, senior Democratic senator from Texas; an owner of three Texas S&Ls that later ended up in the hands of CIA or Mafia associates; close to Walter Mischer.

    FERNANDO BIRBRAGHER, convicted drug-money launderer at Marvin Warner's Great American Bank; got probation amid rumors of connections to a higher authority (CIA); helped Jack DeVoe launder his drug money; now building hush kits for DC-8s; bought Farhad Azima's interest in two DC-8s in Spain; business partner with Miguel Acosta, a former associate of Ron Martin.

    WILLIAM BLAKEMORE, Midland oilman and fierce Contra supporter; head of Gulf & Caribbean Foundation, set up to lobby Congress for aid to Contras; good friend of George Bush; his Iron Mountain ranch the site of paramilitary training and alleged transshipment of weapons.

    ROBERT BOBB and DOUGLAS CROCKER, Chicago businessmen who worked for Gouletas family; bought Bellamah Associates from Gouletases; had business dealings with Robert Corson, Larry Mizel's MDC Corp., Silverado Savings and Key Savings.

    RICHARD BRENNEKE, renegade intelligence operative and gun dealer; told press about Iran-Contra deals and S&L deals; worked for CIA, Israeli intelligence, Customs and others; acquitted of perjury charge for claiming to work for the CIA; laundered Mafia and CIA money with Robert Corson.

    NORMAN BROWNSTEIN, Denver attorney; "Mr. Fix-it"; worked with Kenneth Good, Bill Walters, Larry Mizel, Marvin Davis, Michael Milken, Burton Kanter, Neil Bush and the Gouletas family; good friend of Senator Ted Kennedy, who called him this country's one hundred and first senator.

    GEORGE H.W. BUSH, President of the United States.

    JOHN ELLIS "JEB" BUSH, the President's son; Contra supporter; business associate of Camilo Padreda, who escaped S&L conviction (with Guillermo Hernandez-Cartaya) with possible help from the CIA. NEIL BUSH, the President's son; director of Silverado Savings; partner with Bill Walters and Ken Good; friend of Walt Mischer, Jr.

    LEONARD CAPALDI, reputed Detroit Mafia associate; borrower at Mainland Savings and Hill Financial Savings.

    EULALIO FRANCISCO "FRANK" CASTRO, Cuban exile and Bay of Pigs veteran; CIA operative who helped train and supply Contras; part of drug-smuggling ring that bought Sunshine State Bank.

    JACK CHAPMAN, Omaha lawyer and former CIA operative, represented Mario Renda; took half a million in cash from CIA-connected Haitian, Clemard Joseph Charles, for Renda to bribe union officials.

    CLEMARD JOSEPH CHARLES, Haitian exile who laundered money for Mario Renda to bribe union officials; CIA asset; mob money launderer; associate of Miami lawyer who represented Lawrence Freeman.

    ROBERT CLARKE, former U.S. Comptroller of the Currency; lawyer with Houston firm Bracewell and Patterson; involved with Walter Mischer and Mischer's Allied Bank; associated with Louisiana bank connected to Herman K. Beebe; helped charter West Belt National Bank, where Mike Adkinson and E. Trine Starnes, Jr., were stockholders.

    JOHN CONNALLY, former Texas governor; Charles Keating worked on his 1980 Republican presidential race; he and his partner, Ben Barnes, borrowed tens of millions of dollars from dirty S&Ls.

    RAY CORONA, former head of "Mafia" bank â?? Sunshine State Bank in Miami, which he fronted for drug smugglers; convicted felon; borrower from Peoples Savings in Llano, Texas; associate of mobsters and CIA operatives, including Leonard Pelullo, Frank Castro, Guillermo Hernandez-Cartaya and Steve Samos.

    ROBERT L. CORSON, Houston good old boy and developer who owned Vision Banc Savings in Kingsville; Walter Mischer's former son-in-law; CIA mule; indicted along with Mike Adkinson for $200 million S&L land deal in Florida.

    ROY DAILEY, Robert Corson's first cousin; former business associate of Walter Mischer; convicted for fraud at First Savings of East Texas, which he owned with money borrowed from Herman K. Beebe.

    MARVIN DAVIS, Denver and Beverly Hills oil billionaire; neighbor of Norman Brownstein; did business with John Dick; his daughter was in the cookie business with Neil Bush's wife, Sharon.

    JACK DEVOE, convicted cocaine trafficker and CIA-connected arms smuggler; used Lawrence Freeman to launder money, which went to same trust in Isle of Jersey that was used by Robert Corson and Mike Adkinson; involved in drug-smuggling and money-laundering operation that included Fernando Birbragher and Marvin Warner's Great American Bank.

    JOHN DICK, who lives on a manor on the Isle of Jersey; Denver attorney by way of Russia and Canada; business partner with Silverado borrower Bill Walters; associate of Marvin Davis and Robert O. Anderson; borrowed from Hill Financial Savings; involved in Isle of Jersey trust company that was laundering drug money for Jack DeVoe and Lawrence Freeman and S&L money for Robert Corson and Mike Adkinson; sells wheat to the Russians; uses Youth for Christ as cover.

    DON DIXON, former head of Vernon Savings, which he bought with a little help from his friend Herman K. Beebe; associate of John Riddle.

    LAWRENCE FREEMAN, disbarred Miami attorney and convicted money launderer for cocaine smuggle Jack DeVoe; set up $200 million S&L land deal for Jake Belin and Mike Adkinson; former law partner of CIA super-operative Paul Helliwell and alleged money launderer for Mafia boss Santo Trafficante.

    BILLIE JEAN GARMAN, Robert Corson's mother and business partner; indicted along with her son in $200 million S&L land deal in Florida; first person publicly banned by feds from S&Ls.

    THOMAS GAUBERT, big Democratic fundraiser from Dallas; former head of Independent American Savings; owned a piece of Sandia Federal Savings in Albuquerque; head of Telecom.

    KENNETH GOOD, developer in Texas, Colorado and Florida; borrower at Silverado Savings and Jarrett Wood's Western Savings; helped set up Neil Bush in business.

    GOULETAS FAMILY â?? NICHOLAS, EVANGELINE GOULETAS-CAREY and VICTOR GOULET â?? condo developers from Chicago; have alleged organized crime ties; owned Imperial Savings in San Diego; sold Bellamah Associates to Robert Bobb and Douglas Crocker.

    JOSEPH GROSZ, Chicago mob associate; worked for Gouletas family; ran Southmark's San Jacinto Savings; director of Thomas Gaubert's Telecom.

    MARVIN HAASS, San Antonio contractor; co-owner of Peoples Savings in Llano, Texas; associate of Morris Jaffe.

    JAMES HAGUE, former owner of Liberty Federal Savings, Leesvile, Louisiana, which lent to Morris Shenker; associate of George Aubin and John Riddle.

    STEFAN HALPER, co-founder with fellow George Bush supporter Harvey McLean of Palmer National Bank, which was financed by Herman K. Beebe and funneled private donations to the Contras; former son-in-law of past CIA deputy director Ray Cline; helped set up legal defense fund for Oliver North.

    J. B. HARALSON, former head of Mercury Savings and Ben Milan Savings, where he was fronting for his close associate George Aubin; old Surety Savings hand and managing officer of two other Texas S&Ls that later failed.

    RAYMOND SIDNEY RICHARD HARVEY, Isle of Jersey money manager; handled drug money for Jack DeVoe and Lawrence Freeman and S&L money for Mike Adkinson and Robert Corson; associate of John Dick.

    GUILLERMO HERNANDEZ-CARTAYA[1], Cuban exile and Bay of Pigs veteran; convicted of fraud at Texas S&L he bought from Lloyd Bentsen's father; CIA and Mafia money launderer; protected by CIA from certain criminal charges.


    [1] Many hispanics are characters in this book. For those who are citizens of Spanish-speaking nations, the editors have maintained the Spanish accent marks in their names. For names of American hispanics, the accents have not been retained since for American usage they are customarily omitted.

    RAYMOND HILL, Houston attorney and scion of old, rich Houston family; owner of Mainland Savings, which lent money to Mafia associates and CIA operatives; did business with Walter Mischer, "his mentor"; close friend of James A. Baker III.

    JERRY HOLLEY, Waco contractor; co-owner with Marvin Haass of Peoples Savings; convicted for perjury involving S&L.

    K. C. HOOD, Western Savings officer; convicted felon; associate of Herman K. Beebe; House Speaker Jim Wright rode in his plane.

    MONZER HOURANI, Lebanese native and Houston businessman; close friend of U.S. Senator Orrin Hatch (Republican-Utah); did business with Robert Corson; borrowed from Lamar Savings and Mainland Savings.

    MORRIS and DOUG JAFFE, father-and-son businessmen from San Antonio, Morris is an associate of Marvin Haass and Carlos Marcello, the New Orleans Mafia boss. Doug borrowed from Ed McBirney's Sunbelt Savings and provided jet airplane noise-limitation equipment for Farhad Azima and others.

    BURTON KANTER, Chicago tax attorney and reputed organized crime associate; founded Castle Bank & Trust with CIA mastermind Paul Helliwell; close associate of Lawrence Freeman; his law firm set up trusts for Larry Mizel.

    CHARLES KEATING, S&L looter; spawned by Carl Lindner; worked on John Connally's 1980 presidential campaign; controlled Lincoln Savings (the first big deal Lincoln Savings did was with John Connally); Lincoln involved in daisy chain with Larry Mizel's M.D.C. Holdings, Silverado Savings and San Jacinto Savings (Joseph Grosz); lent more than $30 million to Father Ritter's Covenant House; his chief pilot in 1979 was CIA operative Ken Qualls.

    CARROLL KELLY, who epitomized his Kappa Sigma fraternity; owner of Continental Savings and associate of Herman K. Beebe ("I'm Beebe's man in Texas," he bragged to S&L regulators).

    ADNAN KHASHOGGI, Saudi Arabian arms dealer, Iran-Contra middleman and borrower at Raymond Hill's Mainland Savings and Lamar Savings.

    ART LEISER, chief examiner for Texas S&L Department; discovered S&L daisy chains with Herman K. Beebe at center in 1983; challenged Guillermo Hernandez-Cartaya to a tennis match to try to get him out of Texas S&Ls.

    CARL LINDNER, Cincinnati conglomerateer; gave Charles Keating his start; associate of Michael Milken and Marvin Warner; business ties to Walter Mischer; owns Ocean Reef club on Key Largo where Jack DeVoe would bring in his cocaine from Columbia; Florida police report said Lindner would not be happy with DeVoe's income tax problems.

    JON LINDSAY, county judge of Harris County; top Republican figure in Houston; close friend of George Bush; helped Robert Corson get his savings and loan and got $10,000 campaign contribution from Corson.

    DONALD LUNA, convicted S&L looter and union pension fund scam artist; caught at Flushing Federal S&L with mobsters; worked loan brokerage deal with Herman K. Beebe, Ben Barnes and Richard Rossmiller.

    CARLOS MARCELLO, New Orleans Mafia boss, who also ruled over the Texas underworld; recently returned from a seven-year vacation at Club Fed; close associate of Santo Trafficante.

    RONALD J. MARTIN, Miami gun dealer who provided arms to the Contras for the CIA; alleged business partner with Robert Corson in a casino in Grand Canary Island.

    ED MCBIRNEY, "Fast Eddie" from Dallas; former head of Sunbelt Savings; associate of Jarrett Woods and George Aubin.

    JOE MCDERMOTT, Houston developer; protegé of Walter Mischer; business partner of John Connally; borrower at Robert Corson's Vision Banc Savings.

    HARVEY MCLEAN, Shreveport, Louisiana, businessman and close associate of Herman K. Beebe; owned Paris (Texas) Savings and Loan; founded Palmer National Bank with Stefan Halper and Beebe's money.

    JOHN MECOM, SR. AND JR., Houston oilmen; Sr. organized a charitable foundation that laundered money for the CIA; Jr. allegedly associated with New Orleans mobsters.

    WALT MISCHER, JR., the son, tapped to take over his father's empire; friend of Neil Bush; Kappa Sigma president.

    WALTER M. MISCHER, SR., Houston developer, banker, power broker, who headed Allied Bank; Corson's former father-in-law; did business with the Mafia and the CIA; fourth largest landowner in Texas; owns 12 percent of Caribbean nation of Belize with partners; friend and fundraiser for LBJ, Lloyd Bentsen, Ronald Reagan and George Bush, among many others.

    LARRY MIZEL, Republican fundraiser and head of M.D.C. Holdings, a Denver homebuilder, which did more than $300 million of business with Silverado Savings and owned stock in the Gouletas family's Imperial Savings; used Burton Kanter's law firm for family trusts.

    JACK MODESETT, Houston real estate investor; headed company that did business with Howard Pulver and owned land in far west Texas by a guns-for-drugs landing strip (close to Walter Mischer's land).

    LLOYD MONROE, former Kansas City organized-crime strike force prosecutor; told to back off Farhad Azima because he had CIA-issued get-out-of-jail-free card.

    MURCHISON, CLINT, SR. AND JR., Dallas oilmen and wheeler-dealers; Clint Sr. was involved in business in Haiti with a CIA operative; Clint Jr. purchased Mischer's interest in sawmills in Honduras; Jr., was involved with a CIA operative in Libya and did business with Herman K. Beebe and Adnan Khashoggi.

    MARVIN NATHAN, Houston attorney who served on Carroll Kelly's Continental Savings' board; related by marriage to Robert Strauss; his law firm represented Robert Corson and Mike Adkinson; bought Texas ranch from the family of late Nicaraguan dictator Anastasio Somoza, which had purchased it from one of George Bush's best friends.

    WILL NORTHROP, Israeli army officer and military intelligence operative; worked in Central America with CIA; associate of Richard Brenneke; indicted with Adnan Khashoggi's attorney in scheme to sell arms to Iran; said Robert Corson "rode the CIA mule in with the Republican party."

    LEONARD PELULLO, Philadelphia Mafia associate; borrower at Ray Corona's Sunshine State Bank; indicted in Ohio S&L scam with a member of the Herman K. Beebe circle; tried to buy an Atlantic City casino from another S&L looter; charged with fraud at American Savings in California.

    ALBERT PREVOT, Houston and Louisiana businessman; associate of Herman K. Beebe and borrower at Mainland Savings and Continental Savings.

    HOWARD PULVER, Long Island apartment syndicator who got money from Mainland Savings and Sandia Federal Savings; did business with mob associate Seymour Lazar; neighbor of Martin Schwimmer.

    WAYNE REEDER, California developer; associate of Herman K. Beebe; borrower at Silverado Savings; his CIA-connected associate tried to make guns for the Contras on an Indian reservation.

    MARIO RENDA, Long Island money broker with Martin Schwimmer, convicted felon and Mafia associate with a number of CIA buddies.

    JOHN C. RIDDLE, a University of Texas Kappa Sigma who tried to emulate his fraternity brother George Aubin; Houston lawyer, developer, banker and title-company owner; close associate of Robert Corson; borrowed several hundred million dollars from Texas S&Ls that later failed.

    JOHN B. ROBERTS, San Antonio developer who owned Summit Savings in Dallas and Commerce Savings in San Antonio; associate of George Aubin, Jarrett Woods and Adnan Khashoggi; convicted felon.

    VICTOR J. ROGERS II, scion of Beaumont's Rogers family, which owned Texas State Optical; former law partner of John Riddle; former co-owner of an Austin savings and loan; former officer of Caesar's Palace casino in Las Vegas; his uncles were the third largest stockholders of Caesar's Palace; two uncles served as directors of a Beaumont S&L that lent money to Harvey McLean on his Palmer National Bank stock.

    RICHARD ROSSMILLER, Denver developer, Herman K. Beebe associate and borrower at Hill Financial Savings; alleged to be the largest debtor to the Federal Deposit Insurance Corp. in the country; John Dick's neighbor.

    HEINRICH RUPP, Denver gold dealer and CIA operative; convicted of bank fraud with mobsters; associate of Richard Brenneke.

    JOE RUSSO, noted Houston developer; good friend of George Bush and Lloyd Bentsen; owned Ameriway Savings; big borrower at five failed S&Ls; minority owner of United Press International; Kappa Sigma.

    STEVE SAMOS, convicted drug trafficker; helped Ray Corona set up Sunshine State Bank for drug smugglers; helped set up companies that funneled money and weapons to the Contras.

    KENNETH SCHNITZER, noted Houston developer; business associate of Walter Mischer; owned BancPlus Savings; allegedly associated with mobsters.

    MARTIN SCHWIMMER, convicted Long Island money broker with Mario Renda; Ph.D. and author; Mafia money launderer; neighbor of Howard Pulver.

    BARRY SEAL, murdered drug smuggler, gun runner, DEA informant and CIA asset; used by CIA on drug sting of Sandinistas; had owned C-123K used to resupply the Contras; caught in 1972 guns-for-drugs operation with Cuban exiles in Mexico that included a Texas rancher, a Gambino family associate and Herman K. Beebe.

    MORRIS SHENKER, deceased mob lawyer and casino owner; several of his properties ended up in the hands of Southmark, a Dallas real estate firm that was a mob dumping ground and owner of San Jacinto Savings.

    REBECCA SIMS, former accountant for Robert Corson turned free-lance investigator and journalist.

    ELLISON TRINE STARNES, JR., Houston con man and son of famous evangelist; borrower at Mischer's Allied Bank; second largest borrower at Silverado Savings ($77 million); associate of John Riddle; borrowed more than $27 million from Carroll Kelly's Continental Savings; one of the biggest private donors to the Contras.

    ROBERT STRAUSS, Dallas attorney; U.S. Ambassador to Moscow and former chairman of the Democratic National Committee; friend of George Bush and former business partner with James A. Baker III; he and his son, Richard, were involved in a number of failed Texas S&Ls, including Lamar and Gibraltar.

    SANTO TRAFFICANTE, the late Tampa Mafia boss; worked with CIA to try to assassinate Fidel Castro; involved in narcotics trafficking in Southeast Asia with CIA operatives; close to Carlos Marcello; one of his money launderers was Lawrence Freeman.

    JACK TROTTER, Houston investor and close associate of Walter Mischer; headed Lloyd Bentsen's trust; business partner of Jim Bath.

    BILL WALTERS, Denver developer; borrower at Silverado Savings; helped set up Neil Bush in business; associate of Richard Rossmiller and John Dick.

    MARVIN WARNER, native Alabaman who was involved in a number of failed S&Ls in Ohio and Florida; former U.S. ambassador to Switzerland; former chairman of Great American Bank and American Savings of Florida; convicted of S&L fraud in Ohio; had business ties to Robert Corson.

    STEPHEN CASS WEILAND, Robert Corson's attorney; former chief counsel to Senate Permanent Subcommittee on Investigations; expert on narcotics trafficking, money laundering and offshore banks; makes cameo appearance in Oliver North's notebooks regarding a White House project in Belize.

    JARRETT WOODS, former head of Western Savings; childhood buddy and close associate of George Aubin; sentenced to 25 years in jail for S&L fraud.

    Western bank failures largest in city's history

    SCOTT CLARK : Staff  The three failed Houston banks were subsidiaries of Western Bancorporation, a private bank-holding company owned by Swiss investor O.R. Lababedi. 10/02/1987

    THE HOUSTON POST HAD IT RIGHT - Land Owners Victims of SHYSTERS - William Pack

    1980s all over AGAIN  Official: Bailout overhaul to include purchase of banks' bad assets

    Here's The IRAN CONTRA, IRANIAN MISSILE BANK associated with OLLIVER NORTH and Herman K. Beebe --  Charlie Wilson's WAR ???   "OH HORSE SHIT"

     Did He Mention TEXAS LAND COMMISSIONER Gary Mauro Clintons Buddy

    Banked at Western Bancorporation Houston with.....

    "Did he just say Weapons, Western Bank and Land Flipping"

    Weapons Dealer Ghorbanifar His Condo was ONE BLOCK from 41's

    in the Galleria Condo's at Eastex 59

     

    Western bank failures largest in city's history

    SCOTT CLARK, JOHN BARNETT : Staff

    The three failed Houston banks were subsidiaries of Western Bancorporation, a private bank-holding company owned by Swiss investor O.R. Lababedi.

    10/02/1987

    Here's Olliver North's, Casey's, McFarlane's, Casey's, 41's  SWISS BANK Iran Contra Players

     

    "The whole scam was originated in it's present form by Andrew Fastow while at Continental Illinois and he invented a scam to convert mortgages into securities in order to create off the books assets."    Gerg Collins

    BINGO

    Campaign Finance DEBACLE oh yes FOLLOW THE MONEY !!!

    Collins You get an A +

    Absolutely this LIKE I've been saying for more than 20 years GOES BACK TO the Continental and Penn Square Jobs (you know what was in the OKC Murrah Building Right) just like all those PAPERS and RECORDS and NOTES that were in WTC 7 you getting this picture ????????  Hello Jesse Trentadue

     

    Financial Investigations Destroyed

    just like OKC !!!

    The building also held archives of financial fraud cases that were yet solved. It is reported that these files held case details concerning the Enron energy scandal among others. After the WTC7 demolition, these files would disappear along with it, and many of the cases were lost.

    http://onlinejournal.com/artman/publ...cle_1261.shtml

    Quote:

    Tower 7 also contained offices of the FBI, Department of Defense, IRS (which contained prodigious amounts of corporate tax fraud corporate, including Enron’s), US Secret Service, Securities & Exchange Commission (with more stock fraud records), and Citibank’s Salomon Smith Barney, the Mayor’s Office of Emergency Management and many other financial institutions.

    http://www.wanttoknow.info/010917nyl...streetsecfiles

    Quote:

    Additional details emerged Friday about the effect of the collapse of 7 World Trade Center on investigations being conducted by the New York offices of the Securities and Exchange Commission and the Equal Employment Opportunity Commission, both of which were housed in the building. The SEC has not quantified the number of active cases in which substantial files were destroyed. Reuters news service and the Los Angeles Times published reports estimating them at 3,000 to 4,000. They include the agency's major inquiry into the manner in which investment banks divvied up hot shares of initial public offerings during the high-tech boom.
    The EEOC said documents from about 45 active cases were missing and could not be easily retrieved from any backup system.

    http://www.thestreet.com/markets/mat.../10036925.html

    Quote:

    Citigroup says some information that the committee is seeking [about WorldCom] was destroyed in the Sept. 11 terror attack on the World Trade Center. Salomon had offices in 7 World Trade Center, one of the buildings that collapsed in the aftermath of the attack. The bank says that back-up tapes of corporate emails from September 1998 through December 2000 were stored at the building and destroyed in the attack.

    http://www.g4tv.com/techtvvault/feat...ctflash=false&

    Quote:

    Inside [WTC 7 was] the US Secret Service's largest field office with more than 200 employees. ..."All the evidence that we stored at 7 World Trade, in all our cases, went down with the building," according to US Secret Service Special Agent David Curran.

    As you can the government had many investments in this building including the CIA, DOD, the IRS, OEM, the Secret Service, and more.

    This building had to be brought down. It is safe to say that this was most likely the 9/11 operations field office, and once the operation was complete, the building had to go. It was a classic coverup, where the criminals covered their tracks.
     

     

    Yup just a COUPLE BLOCKS from

    41's Suite at Houstonian !!!

    FBI Investigates Financial Crisis and MELTDOWN the LOOTING OF AMERICA

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Developers facing county crackdown

    The POTHOLES & PROMISES series in the Houston Chronicle and the CIA Connections to WESTERN BANK and the HOUSTONIAN SUITE of The CIA oops Jolly Ollie and the NSA BOYZ there with 41 on the TOP FLOOR of the Houstonian is where all this started.  You do remember the NSA funding of Bin Ladin's Forces oh shit I'm sorry Charlie Wilson's War you know shot in the HOT TUBS of the Houstonian with Julia Roberts

    Texas Land Commissioner Mauro was a WESTERN BANK ROBBER TO HUH !!!

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Investors mired in muddy mess of sub...

    All this over a failed $ 200000 dirt-road real estate deal up in Marion County.....

    A Huge COVER UP

    It Goes Way Way beyond the LANDFLIPS of the CLINTONS

    DIRT ROAD LAND CONS IN ARKANSAS...

     

    frontline: once upon a time in arkansas: Fool for Scandal

    Fool for Scandal: How the 'Times' got Whitewater wrong ... All this over a failed $ 200000 dirt-road real estate deal up in Marion County and a ..... An article on March 18 about Hillary Rodham Clinton's commodity trades misstated ...
    www.pbs.org/wgbh/pages/frontline/shows/arkansas/whitewater/lyonsarticle. html - 48k - Cached - Similar pages

     

    Texas AGs John Cornyn, Dan Morales, Greg Abbot, Jim Mattos, Mark White HUD, DOJ, FBI, FHLBB, FDIC, Secret Service Office of the Presidents ???

     

    They "FORGOT"  Montgomery County

    It BY FAR has more COLONIAS than ANY OTHER COUNTY

    BUT they forgot to put it on the MAP

     

    HMMMMMMM ?????????

     

    Hey Governor Perry WHY THE HECK are the Montgomery County LAND CONS you forgot to put them on the map OR in the programs ????

     

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Homeowners handle property woes

     

     

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Developers facing county crackdown

    CATHY GORDON : Staff

    The same thing happened in Montgomery County, and it's the county's fault.

    06/23/1987

     

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Investors mired in muddy mess of sub...

    CATHY GORDON : Staff

    The subdivision's population has dwindled from 80 families to about 25.

    06/22/1987

     

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Homeowners handle property woes

    CATHY GORDON : Staff

    Some of the subdivisions have plats recorded with the county as required by state law.

    06/21/1987

     

    They are NOT on any lists either ????

     

    Where's the MAP for Montgomery County ??????
     

     

    NOT on this one either ?????

     

     

    Nope Not Here Either HMMMMM ????

     

     

    Open Letter To Ms. Cathy Fitts...The Financial Coup d'etat has been going on since at least the time Richard Nixon took us off the GOLD STANDARD and the Clintons and thier Bush Buddies have been FLIPPIN LAND !!

    Commanding Heights : Nixon Tries Price Controls | on PBS ... the handiwork of left-wing liberals but of the administration of

    Richard Nixon, ... Going off the gold standard and giving up fixed exchange rates constituted a ...

    pbs.org/wgbh/commandingheights/ shared/ minitextlo/ess_nixongold.html - Cached

    YES MS FITTS it has been a Financial Coup d'etat thanks to those at agencies LIKE your HUD
    THE CONTINUING SAGA OF

    THE GREAT TEXAS BANK JOB

     

    !!$550bn REASONS 4 COVER-UP -UPDATE WITH LINK!!! The Incomplete Texas Map CREATED BY US Dept of HUD ...

    is NOT Mapped by the AGs "So Called Colonias Strike Force" I think 635 Illegal ... www.rumormillnews.com/cgi-bin/ archive.cgi?noframes;read=21807 - Cached

    Dirt Mud & Blood

    Hello Bill Hill and 41 & 43  - NICE JOB HUD

    Ms. HUD witch Cathy Fitts Financial Coup d'etat stems from letters I wrote nearly TWO YEARS BACK...Remember Fitts was an INSIDER at HUD when it was being looted and a BIG Friend of Bush Sr. !!!!

    --- On Sat, 2/7/09, Jud Witham <jurisnot2@yahoo.com> wrote:

    The MASSIVE land development speculations at the HEART of the 1980s S&L and Banking Debacle which cost over $500 Billion were

    exposed in GREAT GREAT PART by your's truly...

    Judson Witham

    Houston Chronicle Archives
    Funds at more banks frozen in fraud case
    RAD SALLEE : Staff ….Zager said Vickers, 58, was sentenced to five years in prison on
    Oct. 12, 1988, in Arizona for money laundering
    and conducting an illegal enterprise.
    12/29/1989

    Dateline Texas
    Staff….Nearly a half-million residents live in almost 1,500 ``colonias''
    in Texas, according to state officials.
    12/05/1999

    Road woes continue/Neighborhood battles county over upkeep
    PAUL McKAY : Staff ….The problem goes a lot further than just this single subdivision."
    Pioneer Trails is probably one of the worst examples
    of an unrecorded subdivision," Winberry says.
    09/24/1989

    NOTICE THE "DIRT ROADS"

    All just like Whitewater & Castle Grande

    ALL AROUND CONROE in MONTGOMERY COUNTY, TX

    There are 1,500 colonias near the U.S.-Mexico border in Texas, California, Arizona and New Mexico, with more than 500,000 people living in them.

     

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Developers facing county crackdown

    CATHY GORDON : Staff

    The same thing happened in Montgomery County, and it's the county's fault.

    06/23/1987

     

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Investors mired in muddy mess of sub...  CATHY GORDON : Staff  The subdivision's population has dwindled from 80 families to about 25.   06/22/1987

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Homeowners handle property woes CATHY GORDON : Staff  Some of the subdivisions have plats recorded with the county as required by state law. 06/21/1987

    POTHOLES & PROMISES/
    Montgomery County's crumbling subdivisions/
    Developers facing county crackdown
    CATHY GORDON : Staff

    Montgomery County, in its crackdown on developers of
    unrecorded subdivisions, wants the mess cleaned up.
    In other words, I `poor-boyed' this subdivision.
    06/23/1987

    Advice for potential property buyers: Ask questions
    CATHY GORDON : Staff
    If the subdivision next door is having a problem,
    that's a good indication your subdivision will too.
    This sometimes is a signal the subdivision is unrecorded
    and not up to county standards.
    06/23/1987

    Resident's crusading `fans fire'/Subdivision' s critic outlines difficulties
    CATHY GORDON : Staff
    It started six years ago with his myriad of complaints
    to developers and county officials about the unrecorded
    east county subdivision's drainage and roads.
    06/22/1987

    POTHOLES & PROMISES/Montgomery County's
    crumbling subdivisions/ Homeowners handle property woes
    CATHY GORDON : Staff
    It has to be on which subdivisions are the worst.
    His property in the unrecorded Shepard's Landing subdivision
    off FM 2854 is not only in the flood plain, it's in the river bed.
    06/21/1987

    State sides
    Staff, Compiled from Chronicle wire and bureau reports
    Approximately 20,000 colonia residents remain without water.
    Dale Jones, general manager of the authority, said the groups
    are the most exciting thing to happen in the colonias.
    11/12/1989

    Former officials plead not guilty / Pair is alleged
    to have used federal grants to pay provider o...
    Associated Press
    La Grulla is surrounded by a growing number of colonias,
    or unplanned settlements, that draw on city services.
    09/04/2004

    United We Scam

    Lack Of ADULT SUPERVISION

    What a Pack Of CRAP !!!

    The Government Is In This OUT THE ASS

     

    The ART of the Land Speculation DAISY CHAIN

    For Dummies

     

    LACK OF ADULT SUPERVISION YOU SAY

    Oh BULLSHIT The Guvmint Is In It UP THE ASS...

    Getting Rich from the TAXES on all those NEW LOTS

     

    The FBI, US Postal, DOJ and State AG's all across America KNOW....Judson Witham is NO KIDDER

     

    The whole mechanics of Clintonian Style FLIPPIN was based on a Dirt Road Development and a group of close knit FLIPPERS and BAG MEN.

     

    You see the DIRT ROADS are easy, buy some cheap acreage and get a HICK on a Cat and a Maintainer and sell the LOTS even before the Subdivision is Approved.  Oh yeah as for the DIRT ROADS those right of ways get REMOVED from the TAX ROLLS by the Local Assessor and the County Commissioners REAP ALL THE NEW TAX BASE from the INCREASED VALUES of the former PARENT TRACT of unsubdivided property.

     

    Oh yeah ALL using OUT OF THIN AIR MONEY lent from the Bank or S&L preferably on a NON RECOURSE loan !!!

     

    EPIDEMIC LEVELS OF DIRT ROAD LAND SPECULATIONS       THE REALITY

     

    Illegal Subdivisions A CLINTON THING

    HARDLY ORIGINAL Billy and Hilly

     

    Special Reports - newsjournalonline.com

    Jan 9, 2005 ... "Most people I know think they can come in there and hunt," he says. "It would be hard to stop them." Special Report:

    Reselling Swampland ...
    www.news-journalonline.com/special/resellingswampland/ebaysales.htm - 49k - Cached - Similar pages

     

    LAND FRAUDS ARIZONA STYLE

     

    frontline: once upon a time in arkansas: Jim Clark's Testimonyonce upon a time in arkansas. Jim Clark's Testimony. Federal bank examiner Jim Clark's Testimony on Madison Guaranty Saving & Loan Association ...
    www.pbs.org/wgbh/pages/frontline/shows/arkansas/castle/clarktestimony.html - 39k - Cached - Similar pages

    frontline: once upon a time in arkansas: THE CASTLE GRANDE DEALonce upon a time in arkansas. THE CASTLE GRANDE

    DEAL. by Rick Young ... After several months of close examination, Jim Clark, the Federal Home Loan Bank ...
    www.pbs.org/wgbh/pages/frontline/shows/arkansas/castle/ - 20k - Cached - Similar pages
    More results from www.pbs.org »

    HILLARY 2008 ?? WHERE'S THE 550 BILLION, THE LAND FLIPPING CONS

    Sep 6, 2007 ... Others - about 600 - are unrecorded or "red flag" subdivisions that do not ... Whitewater and Castle Grande were

    RED FLAG SUBDIVISIONS to ! ...
    www.rumormillnews.com/cgi-bin/archive.cgi/noframes/read/109266 - 25k - Cached - Similar pages

    DON BOLLES PAID WITH HIS LIFE

    HUD Thieving Full of SHIT Liars !!! Bushs and Clintons ... 1 post - Last post: Mar 31, 2008frontline/shows/arkansas/whitewater/lyonsarticle.html - 48k - Cached frontline: once upon a time in arkansas: Jim Clark's

    Testimony ...
    groups.google.com/group/Coalitionforfreethoughtinmedia/browse_thread/ thread/5f5f6470e3f115f9 - 61k - Cached - Similar pages

    COLONIAS...REDFLAG...UNRECORDED...ILLEGAL...UNAPPROVED...SUBDIVISIONS...TEXAS STYLE


    Bush: S&L bailout may need more cash
    New York Times  Treasury Secretary Nicholas F. Brady has said the government saw no developments that would change its $50 billion

    estimate.
    12/12/1989
     
    Ken Lay's double whammy has roots in S&L scandal
    LOREN STEFFY : Staff  By passing FIRREA, lawmakers, some of whom had been linked to failed S&Ls, wanted to show they were

    tough on corporate crime.  10/22/2004
     
    Whitewater inquiry zeroes in on Hubbell
    SUSAN SCHMIDT : Washington Post
    The now-defunct S&L was a client of the Rose firm, which also did substantial legal work for federal agencies cleaning up Madison and

    other failed S&Ls.
    11/30/1994
     
    Family ties not all helpful to Jeb Bush/Candidate for Florida governor finds he's often confused wit...
    KIM COBB : Staff
    Three of the opponents then joined forces in a commercial that claimed Bush "borrowed $4 million from a failed S&L
    08/29/1994
     
    Taxpayers pay for RTC's irresolution/Highest bids for many properties rejected
    RICHARD KEIL : Associated Press
    The Resolution Trust Corporation says its mission is to sell all properties it inherited from the failed S&Ls of the 1980s "in a manner that
    07/11/1994
     
    Business briefs
    Staff, Wire reports
    Mortgage rates rise WASHINGTON - The average interest rate on 30-year fixed mortgages rose slightly to 8.33 percent in the week

    ending today from 8.25 percent in the previous week, t
    06/17/1994
     
    Can Hurwitz's redwoods cover S&L's red ink?
    PAMELA YIP : Staff
    However, when a financial institution fails, "we do look at the board, their actions, the things they approved," he says.
    05/15/1994
     
    Keating ordered to pay $4.3 billion in RTC case
    Associated Press
    The RTC is the federal agency disposing of the assets of failed S&Ls. Keating says he's broke.
    04/28/1994
     
    RTC won't recoup much from Texas thrift officials, study says
    RICHARD KEIL : Associated Press
    The Associated Press reported in January that in 99 of 122 cases investigated through early 1993, no subpoenas were issued against S&L

     insiders.
    04/21/1994
     
    Inquiry suspected 1984 campaign/Clinton panel named in RTC's probe
    SUSAN SCHMIDT : Washington Post
    The RTC, the federal agency charged with disposing of failed S&Ls, routinely investigates failed S&Ls for potential civil claims that

    could help recoup some of the taxpayer-funded cleanup cost.
    04/02/1994
     
    Investigator fought for Clinton probe
    RICHARD KEIL : Associated Press  Madison's owner, James McDougal, was acquitted in 1990 of federal bank fraud charges arising from

    the S&L's failure.
    03/28/1994
     
     
    Bush: S&L bailout may need more cash
    New York Times  Treasury Secretary Nicholas F. Brady has said the government saw no developments that would change its $50 billion

    estimate.
    12/12/1989
     
    Top S&L regulator quits, rips Rep. Gonzalez for harsh criticism
    Associated Press  For nearly two months, Wall has been the chief target of critics in Congress for not moving more swiftly to seize control

    of Lincoln, expected to become the biggest S&L failure in history.  12/04/1989
     
    3 activist groups seek Wall's ouster
    Associated Press  Meanwhile, his office issued press releases Wednesday quoting new studies as saying that Wall's handling of 223 S&L

    failures last year saved the government $6 billion to $8 billion.  11/30/1989
     
    Two senators criticized in S&L scandal
    Washington Post  WASHINGTON - Former Federal Home Loan Bank Board Chairman Edwin J. Gray on Sunday singled out Sens.

    Dennis DeConcini, D-Ariz., and Alan Cran
    11/27/1989
     
    Wall says Keating did not influence S&L decisions
    Houston Chronicle News Services  Gonzalez blames the regulator for the delay, which he says ballooned the expected $2 billion cost of the

    failure.
    11/21/1989
     
    Road woes continue/Neighborhood battles county over upkeep

    PAUL McKAY : Staff
    Such agreements are frequently negotiated with residents of red flag subdivisions, Winberry says. The problem goes a lot further than just

    this single subdivision."
    09/24/1989
     
    Road repair delays rile residents
    PATTI MUCK : Staff
    The estimated cost of materials to bring the subdivision's roads up to county standards is $150,000, Denham said.
    09/21/1989
     
    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Homeowners handle property woes
    CATHY GORDON : Staff
    Others - about 600 - are unrecorded or "red flag" subdivisions that do not meet county road and drainage standards and have no plats,

    or plans, filed.
    06/21/1987
     
    Attention turns to shaky banks
    JAMES FLANIGAN : Los Angeles Times Syndicate  But failing to restrain the flow, in the S&L debacle, has proven to be political and

     economic poison.
    11/18/1989
     
    Panel to hire D.C. lawyer to probe five senators in S&L scandal
    Houston Chronicle News Services  The largest thrift failure is expected to cost taxpayers as much as $2.5 billion.
    11/18/1989
     
    S&L asset sale to speed up/Regulators will be told to begin right away
    Associated Press  A strategic plan developed by the Resolution Trust Corp. It expects to get jurisdiction of at least another 220 insolvent

    thrifts.
    12/19/1989 






    Commissioner Sam Wercinski

    Arizona Department of Real Estate

    Lets Ask SAM -  SAM@azre.gov

    Licensing / Professional Education
    Suite 140 Licensing:  602.771.7700
    Fax:  602-955-6284
    Email: 
    licensing@azre.gov

    Education:  602.771.7720
    Fax:  602-957-0658
    Email: 
    education@azre.gov

    Diane Paulsen - Manager, Licensing,  Michael Hailey - Manager, EducationDevelopment Investigations & Services
    Suite 130 Phone:  602.771.7750
    Fax:  602-955-9361
    Email: 
    developments@azre.gov

    Cindy Ferrin - Manager, Development Investigations &;;p;p; ServicesLicensing Investigations / Auditing
    Suite 120Investigations:  602.771.7730
    Fax:  602-468-3514
    Email: 
    investigations@azre.gov

    Auditing:  602.771.7790
    Fax:  602-468-3514
    Email:
      auditing@azre.gov

    Dave Lewis - Manager, Licensing InvestigationsEnforcement & Compliance
    Suite 110 Phone:  602.771.7780
    Fax:  602-468-0562Email:
     enforcement@azre.gov  Email:  compliance@azre.gov

    Mike Wheeler - Manager, EnforcementCarla Randolph - Manager, ComplianceCommissioner's Office
    Suite 110 Phone:  602.771.7760
    Fax:  602-468-0562
    Email:
      SAM@azre.gov

    Gary Mauro's , CIA DirectorJohn McCone's, Secords and Ollie's & BIG 'H" Bush's IRAN CONTRA BANK -

    Charlie Wilson's War oh BALONEY - Judson helped Build The Houstonian Folks – North, Secord, McFarlane, Big “H” Bush and Poindexter were taking up collections in the Galleria Hotel on Westheimer in Houston just a couple doors over from Former CIA Director JOHN A. McCone's  Bank

    Western Bancorporation

     

    So goes the twisted saga of Pinewood Village, one of 600 problem subdivisions that dot Montgomery County's dense pine woods, a legacy from the economic boom of the 1970s and early 1980s. The subdivision off FM 1314 has the dubious honor of being one of the worst in the county, say county officials.   Its history is one of lawsuits, finger-pointing among developers, potholes the size of a small cars and extremely disgruntled residents.

    Yep the MASSIVE TEXAS  S&L and BANKING MELTDOWN debacle of the 1980s HAPPENED after JUDSON STARTED RAISING HELL about it to his Congressmen and Senators, Sheriff, County Attorney, County Commissioners, every paper in Texas and Postal, FBI, DOJ, Secret Service, ABC, NBC, CBS, PBS and FOX television as well !!  Oh It's a FACT

    IRAN CONTRA BANK oh yes it was !!!

    Western Bank Headquarters in Houston, TX 1982

    Western Bank Headquarters in Houston, TX 1982

    GARY MAURO's BANK you know THE CLINTON'S CAMPAIGN MANAGER !!!

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Investors mired in muddy mess of sub...  CATHY GORDON : Staff  A lot of sloppy things went on in that subdivision," said Clesson, its current developer. Clesson said he paved the roads after the lawsuit, but they were never accepted by the county.

    06/22/1987

    ...activity. In 1958, following government antitrust action, Transamerica was reorganized to separate its banking and nonbanking activities, and a new corporation, Firstamerica Corporation (now Western Bancorporation), was formed to take over the banks it controlled. (Bank of America had been divested earlier.) The company then began a program of expansion into insurance and other services...

    I think what you'll discover is the DESTRUCTION of WTC 7 was a very high priority for many in the Bush and Clinton CABALS.  I feel very certain that the NEWLY FORTIFIED section of the Pentagon was hit to minimize the destruction.  I feel the LIES TOLD TO THE WORLD BY RICE AND BUSH that such attacks were UNTHINKABLE against the backdrop of the TRAINING , PLANNING and MASSIVE FINANCING of such OBVIOUSLY shows RICE and BUSH N Company to be HUGE LIARS. WTC 7 was headquarters to MASSIVE FINANCIAL FRAUDS INVESTIGATIONS such as the NOW UNFOLDING BANKING and MARKET MELTDOWNS.  The MONEY TRAILS LEAD STRAIGHT BACK TO the BUSHS and the CLINTONS.

    It's a very simplequestion,   what the hell is the difference between Whitewater, Industrial Development Park,  Castle Grande, Illegal Lots, Illegal Subdivisions and what COLONIAS and Land Flipping for instance ??

     WHAT A HUGE CROCK OF SHIT.  Really what is the difference between a Racnchero Racketeer and what the CLINTONS PULLED or all those so called COLONIAS in CA, NM, AZ, UT, TX,FL etc.. etc.. etc.. ??

    See www.WitnessToACrime.com  Stealing Elections Takes LOTS and LOTS and LOTS of LOOT !!!!

    Who's States are most FAMOUS For

    Land Cons and MASSIVE Bank Lootings

     

    Breaking the Bank -- In These Times

    After federal regulators closed the $2.3 billion Superior Bank in July 2001, .....

    All of the government studies of Superior’s failure agree that there’s ...
    www.inthesetimes.com/article/671/ - 46k

    Superior Bank Lootings !!!

     

    LOTS AND LOTS AND LOTS OF ILLEGAL LOTS

          

    Did You Say DIRT ROAD LAND CONS

    and LOOTED S&Ls and Banks

    Campaign advisers tied to lending crisis

    SEE MORE AT  Land, Bank, S&L Frauds RAMPANT across America

     

    GARY MAURO  WORKED  FOR BOTH  CLINTONS

    ON TWO NATIONAL ELECTIONS –

    Hello TX Land Commissioner Gary MAURO

     

    Intertec: Big deals, big names and very big problems/Cries of forgery and fraud fly as well-connecte...  JAMES DRUMMOND, MARY C. BOUNDS : Staff  It would have been insane for anybody from Intertec to have done that," he said of the questioned signatures.  01/17/1988

    Gary Mauro Mr. Intertec was on board for BOTH Clintons

    GARY MAURO  WORKED  FOR  BOTH CLINTONS

    ON TWO NATIONAL ELECTIONS - TX Land Commissioner MAURO

    Wachovia-Golden West:

    Another Deal From Hell?

     

     

    The FACTS ARE THAT THOUSANDS OF BANKS and S&Ls along with Corporate crimes such as enron and World Com et al were tied directly to a massive number of FRAUDS and many HUNDREDS  of BILLIONS that had been stolen. WTC housed vast Financial Frauds Investigations Files, ……THIS IS SIMPLY THE TRUTH -  Judson Witham

     

    http://www.fdic.gov/bank/historical/history/vol1.html

     

     

    History of the 80s -  The REAL ESTATE MESS, The Flippin Clintons,

    Intertec: Big deals, big names and very big problems/Cries of forgery and fraud fly as well-connecte...  JAMES DRUMMOND, MARY C. BOUNDS : Staff  It would have been insane for anybody from Intertec to have done that," he said of the questioned signatures.  01/17/1988

    Report: Developers owned almost all troubled S&Ls

    United Press International  Thrift experts place the two dozen institutions at the heart of an epidemic of risky lending and outright fraud that virtually bankrupted the Federal Savings and Loan Insurance Corp.  09/21/1987

     

    SEE MORE AT  Land, Bank, S&L Frauds RAMPANT across America

     

    `Epidemic' of bank, S&L fraud cited/D.C. panel blaming insider misconduct for many failures

    JAMES DRUMMOND, BOB SABLATURA : Staff

    Epidemic' of bank, S&L fraud cited/D.C. panel blaming insider misconduct for many failures In Houston, 18 FBI agents are assigned exclusively to investigating allegations of bank fraud, said Joyce.

    10/14/1988

     

    Fraud `epidemic' cited in bank, S&L failures

    JAMES DRUMMOND, BOB SABLATURA : Staff

    In Houston, 18 FBI agents are assigned exclusively to investigating allegations of bank fraud, said Joyce.

    10/14/1988

     

     

    Making the past speak to the future/If events at the end of the 19th century are any indication, we'...

    ANN HOLMES, Houston Chronicle Critic-at-Large : Staff

    Today, it has to do with fraud, bad loans and insider trading. Grover Cleveland became president in 1893 and took over a country besieged by financial panic and a flurry of bank closings.

    12/31/1989

     

    FBI probing senators' acts to help executive

    Washington Post

    One source said that several FBI agents who conducted the interviews also attended the recent House Banking Committee hearings on Lincoln.

    11/12/1989

     

    Former thrift officer alleges Loeffler offered to make deal

    Knight-Ridder Newspapers

    Prosecutors contend that the conspiracy involved use of thrift funds for $55,000 in political contributions to former House Speaker Jim Wright, U.S. Rep.

    08/09/1989

     

    Thrift president named in 33-count indictment

    Associated Press

    The task force is a multiagency group which brought the charges as part of the U.S. Justice Department's ongoing investigation of suspected fraud in the Texas banking and savings industry.

    06/02/1989

     

    Ex-thrift exec to plead guilty

    Associated Press

    The documents show Malone agreed to plead guilty to bank fraud charges.

    05/23/1989

     

    Testimony discloses Wright S&L offer

    Associated Press

    In return for the contributions, Jim Wright guaranteed the legislation would not get out of committee," Farmer said. On one check the words "For Jim Wright" were written on the memo line, she said.

    05/07/1989

     

    Trial yields testimony of Wright S&L offer

    Associated Press

    On one check the words "For Jim Wright" were written on the memo line, she said.

    05/07/1989

     

    Wright pays for `85 use of banker's jet

    Washington Post

    According to Dallas press accounts, Hood was found guilty in a $315,000 fraud at a local bank in 1984.

    04/29/1989

     

    Nader criticizes Bush S&L plan/Proposal called unfair to taxpayers

    BILL MINTZ, Houston Chronicle Washington Bureau : Staff

    Lloyd Cutler was head of the commission that proposed the pay hike, which was supported by former President Reagan and House Speaker Jim Wright.

    02/16/1989

     

    U.S. leaders debate solutions for thrifts

    BILL MINTZ, Houston Chronicle Washington Bureau : Staff

    Jake Garn, R-Utah, ranking Republican on the Banking Committee. Phil Gramm, R-Texas, a member of the Banking and Budget committees.

    02/05/1989

     

    Ex-owner of Irving thrift faces indictment in Iowa

    Associated Press

    He contributed $7,000 to a pair of House Speaker Jim Wright's political committees in 1985. At Wright's urging, Gray spent 2 1/2 hours with Gaubert.

    03/17/1988

     

    Authorities probing alleged forgeries in real estate loans

    MARY C. BOUNDS, JIM DRUMMOND : Staff

    Hacker emphasized that Wright is no longer a director at the bank. That loan was given within weeks after Wright was elected to the Western Bank-Downtown board.

    01/24/1988

     

    Forgery claims probed in Mauro deal

    MARY C. BOUNDS, JIM DRUMMOND : Staff

    Hacker emphasized that Wright is no longer a director at the bank. That loan was given within weeks after Wright was elected to the Western Bank-Downtown board.

    01/24/1988

     

    Intertec: Big deals, big names and very big problems/Cries of forgery and fraud fly as well-connecte...

    JAMES DRUMMOND, MARY C. BOUNDS : Staff

    For instance: Caraway and Wright were directors at banks that made several million dollars in loans to their projects. Wright was on the rebound from his own political loss.

    01/17/1988

     

    Regulators to close or merge many insolvent Texas thrifts

    GREG STEINMETZ : Staff

    Responding to questions, Wall said he shares the convictions of House Speaker Jim Wright, D-Fort Worth, who fears for the growth of large, urban institutions at the expense of their smaller rivals.

    01/16/1988

     

    Rules panel clears way for $10.8 billion FSLIC package

    Staff

    The bill was called a "workable compro mise" by House Speaker Jim Wright, D-Fort Worth. The conferees left untouched portions of the banking bill that would ban non-bank banks created after March 5.

    07/31/1987

     

    Congress considering compromise on S&Ls/Industry would receive $10. 8 billion infusion

    Staff

    Also, it has been disclosed that House Speaker Jim Wright, D-Texas, telephoned the chairman of the Federal Home Loan Bank Board about the agency's handling of several failed S&Ls in Texas.

    07/30/1987

     

    Wright twisted arm of regulators to aid S&Ls, reports say

    Houston Chronicle News Services

    Hall told Newsweek, "I talked to Jim Wright and a lot of other congressman - anybody who'd listen - to get the lawsuits pulled back."

    06/22/1987

     

    Bad press has Texas' savings and loans scrambling to calm customers

    BRIAN LEVINSON : Staff

    Last week, two former directors of the failed First Commercial Bank in Houston were indicted on bank fraud charges, and the bank's former president agreed to plead guilty to a conspiracy charge.

    06/21/1987

     

    Savings and loans fight bad press, customers' subsequent hesitance

    BRIAN LEVINSON : Staff

    Last week, two former directors of the failed First Commercial Bank in Houston were indicted on bank fraud charges and the bank's former president agreed to plead guilty to a conspiracy charge.

    06/21/1987

     

    Billions to rescue Texas thrifts urged/Exec says 70 pct. of funds proposed for FSLIC should go to st...

    JAMES R. PIEROBON, Houston Chronicle Washington Bureau : Staff

    McAllister said management fraud at selected Texas thrifts multiplies the need for the industry's money.

    05/18/1987

     

    Congress struggles for cure for ailing thrifts

    JAMES R. PIEROBON, Houston Chronicle Washington Bureau : Staff

    If certain tactics by House Speaker Jim Wright, D-Fort Worth, are any indication, the FSLIC problem may haunt depositors for a long time. Jim Leach, R-Iowa, a Banking Committee member, said.

    04/05/1987

     

    Wright holding up thrift bill to win concessions for Texans

    JAMES R. PIEROBON, Houston Chronicle Washington Bureau : Staff

    Congressional aides said Wright considers unreasonable some of the demands by bank board conservators against Hall and the thrifts with which Hall does business.

    10/02/1986

     

    New security system focuses on eye-dentity'

    FRANCE GRIGGS : Scripps Howard News Service

    He said the banking industry is most interested in a method that uses a person's hand-written signature.

    08/06/1985

     

     


     

     

    Volume I:   An Examination of the Banking Crises of the 1980s and Early 1990s


    Most Links on this page reference Portable Document Format (PDF) files. Adobe Acrobat, a reader available for free on the Internet, is required to display or print PDF files. You may also request a printed copy of this document.

    Foreword (69kb)

    Acknowledgments (98kb)

    List of Tables and Figures (111kb )

    Note on Organization and Data (85kb)

    Part 1: Overview and National Issues

    1. The Banking Crises of the 1980s and Early 1990s: Summary and Implications (576kb)

    2. Banking Legislation and Regulation (345kb)

    3. Commercial Real Estate and the Banking Crises of the 1980s and Early 1990s (337kb)

    4. The Savings and Loan Crisis and Its Relationship to Banking (230kb)

    Part 2: Sectoral and Regional Crises

    5. The LDC Debt Crisis (302kb)

    6. The Mutual Savings Bank Crisis (259kb)

    7. Continental Illinois and "Too Big to Fail" (254kb)

    8. Banking and the Agricultural Problems of the 1980s (375kb)

    9. Banking Problems in the Southwest (443kb)

    10. Banking Problems in the Northeast (405kb)

    11. Banking Problems in California (376kb)

    Part 3: Analysis of Supervisory Tools

    12. Bank Examination and Enforcement (424kb)

    13. Off-Site Surveillance Systems (361kb)

    Bibliography (288kb)

    Index (75kb)

    Publication Information (54kb)

    Volume II

     

     

     

    THE HOUSTON POST HAD IT RIGHT - Land Owners Victims of SHYSTERS - William Pack

     

    1980s all over AGAIN  Official: Bailout overhaul to include purchase of banks' bad assets

     

    Here's The IRAN CONTRA, IRANIAN MISSILE BANK associated with OLIVER NORTH and Herman K. Beebe --  Charlie Wilson's WAR ???   "OH HORSE SHIT"

     

     

    Did He Mention TEXAS LAND COMMISSIONER Gary Mauro Clintons Buddy

    Banked at Western Bancorporation Houston with.....

     

     

    Weapons Dealer Ghorbanifar His Condo was ONE BLOCK from 41's

    in the Galleria Condo's at Eastex 59

     

     

    Yup just a COUPLE BLOCKS from

    41's Suite at Houstonian !!!

    FBI Investigates Financial Crisis and MELTDOWN the LOOTING OF AMERICA

     

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Developers facing county crackdown

     

    The POTHOLES & PROMISES series in the Houston Chronicle and the CIA Connections to WESTERN BANK and the HOUSTONIAN SUITE of The CIA oops Jolly Ollie and the NSA BOYZ there with 41 on the TOP FLOOR of the Houstonian is where all this started.  You do remember the NSA funding of Bin Ladin's Forces oh shit I'm sorry Charlie Wilson's War you know shot in the HOT TUBS of the Houstonian with Julia Roberts

     

    Texas Land Commissioner Mauro was a WESTERN BANK ROBBER TO HUH !!!

     

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Investors mired in muddy mess of sub...

     

    All this over a failed $ 200000 dirt-road real estate deal up in Marion County.....

     

    A Huge COVER UP

    It Goes Way Way beyond the LANDFLIPS of the CLINTONS

    DIRT ROAD LAND CONS IN ARKANSAS...

     

    frontline: once upon a time in arkansas: Fool for Scandal

    Fool for Scandal: How the 'Times' got Whitewater wrong ... All this over a failed $ 200000 dirt-road real estate deal up in Marion County and a ..... An article on March 18 about Hillary Rodham Clinton's commodity trades misstated ...
    www.pbs.org/wgbh/pages/frontline/shows/arkansas/whitewater/lyonsarticle. html - 48k - Cached - Similar pages

     

    Texas AGs John Cornyn, Dan Morales, Greg Abbot, Jim Mattos, Mark White HUD, DOJ, FBI, FHLBB, FDIC, Secret Service Office of the Presidents ???

    They "FORGOT"  Montgomery County

    It BY FAR has more COLONIAS than ANY OTHER COUNTY

    BUT they forgot to put it on the MAP

     

    HMMMMMMM ?????????

     

    Hey Governor Perry WHY THE HECK are the Montgomery County LAND CONS you forgot to put them on the map OR in the programs ????

     

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Homeowners handle property woes

     

     

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Developers facing county crackdown

    CATHY GORDON : Staff

    The same thing happened in Montgomery County, and it's the county's fault.

    06/23/1987

     

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Investors mired in muddy mess of sub...

    CATHY GORDON : Staff

    The subdivision's population has dwindled from 80 families to about 25.

    06/22/1987

     

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Homeowners handle property woes

    CATHY GORDON : Staff

    Some of the subdivisions have plats recorded with the county as required by state law.

    06/21/1987

     

    They are NOT on any lists either ????

     

    Where's the MAP for Montgomery County ??????


     

     

    NOT on this one either ?????

     

     Nope Not Here Either HMMMMM ????

     

    Open Letter To Ms. Cathy Fitts...The Financial Coup d'etat has been going on since at least the time Richard Nixon took us off the GOLD STANDARD and the Clintons and thier Bush Buddies have been FLIPPIN LAND !!

    Commanding Heights : Nixon Tries Price Controls | on PBS ... the handiwork of left-wing liberals but of the administration of Richard Nixon, ... Going off the gold standard and giving up fixed exchange rates constituted a ... pbs.org/wgbh/commandingheights/ shared/ minitextlo/ess_nixongold.html - Cached

    YES MS FITTS it has been a Financial Coup d'etat thanks to those at agencies LIKE your HUD
    THE CONTINUING SAGA OF

    THE GREAT TEXAS BANK JOB

     

    !!$550bn REASONS 4 COVER-UP -UPDATE WITH LINK!!! The Incomplete Texas Map CREATED BY US Dept of HUD ... is NOT Mapped by the AGs "So Called Colonias Strike Force" I think 635 Illegal ... www.rumormillnews.com/cgi-bin/ archive.cgi?noframes;read=21807 - Cached

    Dirt Mud & Blood

     

    Hello Bill Hill and 41 & 43  - NICE JOB HUD

     

    Ms. HUD witch Cathy Fitts Financial Coup d'etat stems from letters I wrote nearly TWO YEARS BACK...Remember Fitts was an INSIDER at HUD when it was being looted and a BIG Friend of Bush Sr. !!!!

    The MASSIVE land development speculations at the HEART of the 1980s S&L and Banking Debacle which cost over $500 Billion were exposed in GREAT GREAT PART by your's truly...

     

    Judson Witham

     

    Houston Chronicle Archives
    Funds at more banks frozen in fraud case
    RAD SALLEE : Staff
    Zager said Vickers, 58, was sentenced to five years in prison on
    Oct. 12, 1988, in Arizona for money laundering
    and conducting an illegal enterprise.
    12/29/1989

    Dateline Texas
    Staff
    Nearly a half-million residents live in almost 1,500 ``colonias''
    in Texas, according to state officials.
    12/05/1999

    Road woes continue/Neighborhood battles county over upkeep
    PAUL McKAY : Staff
    The problem goes a lot further than just this single subdivision."
    Pioneer Trails is probably one of the worst examples
    of an unrecorded
    subdivision," Winberry says.
    09/24/1989

    NOTICE THE "DIRT ROADS"

    All just like Whitewater & Castle Grande

     

    ALL AROUND CONROE in MONTGOMERY COUNTY, TX

     

    There are 1,500 colonias near the U.S.-Mexico border in Texas, California, Arizona and New Mexico, with more than 500,000 people living in them.

     

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Developers facing county crackdown

    CATHY GORDON : Staff

    The same thing happened in Montgomery County, and it's the county's fault.

    06/23/1987

     

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Investors mired in muddy mess of sub...

    CATHY GORDON : Staff

    The subdivision's population has dwindled from 80 families to about 25.

    06/22/1987

     

    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Homeowners handle property woes

    CATHY GORDON : Staff

    Some of the subdivisions have plats recorded with the county as required by state law.

    06/21/1987

     



    POTHOLES & PROMISES/
    Montgomery County's crumbling subdivisions/
    Developers facing county crackdown
    CATHY GORDON : Staff

    Montgomery County, in its crackdown on developers of
    unrecorded subdivisions, wants the mess cleaned up.
    In other words, I `poor-boyed' this subdivision.
    06/23/1987

    Advice for potential property buyers: Ask questions
    CATHY GORDON : Staff
    If the subdivision next door is having a problem,
    that's a good indication your subdivision will too.
    This sometimes is a signal the subdivision is unrecorded
    and not up to county standards.
    06/23/1987

    Resident's crusading `fans fire'/Subdivision' s critic outlines difficulties
    CATHY GORDON : Staff
    It started six years ago with his myriad of complaints
    to developers and county officials about the unrecorded
    east county subdivision's drainage and roads.
    06/22/1987

    POTHOLES & PROMISES/Montgomery County's
    crumbling subdivisions/ Homeowners handle property woes
    CATHY GORDON : Staff
    It has to be on which subdivisions are the worst.
    His property in the unrecorded Shepard's Landing subdivision
    off FM 2854 is not only in the flood plain, it's in the river bed.
    06/21/1987

    State sides
    Staff, Compiled from Chronicle wire and bureau reports
    Approximately 20,000 colonia residents remain without water.
    Dale Jones, general manager of the authority, said the groups
    are the most exciting thing to happen in the colonias.
    11/12/1989

    Former officials plead not guilty / Pair is alleged
    to have used federal grants to pay provider o...
    Associated Press
    La Grulla is surrounded by a growing number of colonias,
    or unplanned settlements, that draw on city services.
    09/04/2004



    --- On Fri, 2/6/09, Jud Witham <jurisnot2@yahoo.com> wrote:

    United We Scam

    Lack Of ADULT SUPERVISION

    What a Pack Of CRAP !!!

    The Government Is In This OUT THE ASS

    The ART of the Land Speculation DAISY CHAIN

    For Dummies

     

    LACK OF ADULT SUPERVISION YOU SAY

    Oh BULLSHIT The Guvmint Is In It UP THE ASS...

    Getting Rich from the TAXES on all those NEW LOTS

     

    The FBI, US Postal, DOJ and State AG's all across America KNOW....Judson Witham is NO KIDDER

     

    The whole mechanics of Clintonian Style FLIPPIN was based on a Dirt Road Development and a group of close knit FLIPPERS and BAG MEN.

     

    You see the DIRT ROADS are easy, buy some cheap acreage and get a HICK on a Cat and a Maintainer and sell the LOTS even before the Subdivision is Approved.  Oh yeah as for the DIRT ROADS those right of ways get REMOVED from the TAX ROLLS by the Local Assessor and the County Commissioners REAP ALL THE NEW TAX BASE from the INCREASED VALUES of the former PARENT TRACT of unsubdivided property.

     

    Oh yeah ALL using OUT OF THIN AIR MONEY lent from the Bank or S&L preferably on a NON RECOURSE loan !!!

     

    EPIDEMIC LEVELS OF DIRT ROAD LAND SPECULATIONS       THE REALITY

     

    Illegal Subdivisions A CLINTON THING

    HARDLY ORIGINAL Billy and Hilly

     

    Special Reports - newsjournalonline.com

    Jan 9, 2005 ... "Most people I know think they can come in there and hunt," he says. "It would be hard to stop them." Special Report: Reselling Swampland ...
    www.news-journalonline.com/special/resellingswampland/ebaysales.htm - 49k - Cached - Similar pages

     

    LAND FRAUDS ARIZONA STYLE

     

    frontline: once upon a time in arkansas: Jim Clark's Testimonyonce upon a time in arkansas. Jim Clark's Testimony. Federal bank examiner Jim Clark's Testimony on Madison Guaranty Saving & Loan Association ...
    www.pbs.org/wgbh/pages/frontline/shows/arkansas/castle/clarktestimony.html - 39k - Cached - Similar pages

    frontline: once upon a time in arkansas: THE CASTLE GRANDE DEALonce upon a time in arkansas. THE CASTLE GRANDE DEAL. by Rick Young ... After several months of close examination, Jim Clark, the Federal Home Loan Bank ...
    www.pbs.org/wgbh/pages/frontline/shows/arkansas/castle/ - 20k - Cached - Similar pages
    More results from www.pbs.org »

    HILLARY 2008 ?? WHERE'S THE 550 BILLION, THE LAND FLIPPING CONS

    Sep 6, 2007 ... Others - about 600 - are unrecorded or "red flag" subdivisions that do not ... Whitewater and Castle Grande were RED FLAG SUBDIVISIONS to ! ...
    www.rumormillnews.com/cgi-bin/archive.cgi/noframes/read/109266 - 25k - Cached - Similar pages

    DON BOLLES PAID WITH HIS LIFE

    HUD Thieving Full of SHIT Liars !!! Bushs and Clintons ... 1 post - Last post: Mar 31, 2008frontline/shows/arkansas/whitewater/lyonsarticle.html - 48k - Cached frontline: once upon a time in arkansas: Jim Clark's Testimony ...
    groups.google.com/group/Coalitionforfreethoughtinmedia/browse_thread/ thread/5f5f6470e3f115f9 - 61k - Cached - Similar pages

    COLONIAS...REDFLAG...UNRECORDED...ILLEGAL...UNAPPROVED...SUBDIVISIONS...TEXAS STYLE

     

    Some More News Articles On The Bank and S&L Lootings

    MANY MANY MANY More Exist….SEE MORE AT  Land, Bank, S&L Frauds RAMPANT across America


    Bush: S&L bailout may need more cash
    New York Times  Treasury Secretary Nicholas F. Brady has said the government saw no developments that would change its $50 billion estimate.
    12/12/1989
     
    Ken Lay's double whammy has roots in S&L scandal
    LOREN STEFFY : Staff  By passing FIRREA, lawmakers, some of whom had been linked to failed S&Ls, wanted to show they were tough on corporate crime.  10/22/2004
     
    Whitewater inquiry zeroes in on Hubbell
    SUSAN SCHMIDT : Washington Post
    The now-defunct S&L was a client of the Rose firm, which also did substantial legal work for federal agencies cleaning up Madison and other failed S&Ls.
    11/30/1994

     

    Family ties not all helpful to Jeb Bush/Candidate for Florida governor finds he's often confused wit...
    KIM COBB : Staff
    Three of the opponents then joined forces in a commercial that claimed Bush "borrowed $4 million from a failed S&L
    08/29/1994
     
    Taxpayers pay for RTC's irresolution/Highest bids for many properties rejected
    RICHARD KEIL : Associated Press
    The Resolution Trust Corporation says its mission is to sell all properties it inherited from the failed S&Ls of the 1980s "in a manner that
    07/11/1994
     
    Business briefs
    Staff, Wire reports

    Mortgage rates rise WASHINGTON - The average interest rate on 30-year fixed mortgages rose slightly to 8.33 percent in the week ending today from 8.25 percent in the previous week, t
    06/17/1994
     
    Can Hurwitz's redwoods cover S&L's red ink?

    PAMELA YIP : Staff
    However, when a financial institution fails, "we do look at the board, their actions, the things they approved," he says.
    05/15/1994
     
    Keating ordered to pay $4.3 billion in RTC case
    Associated Press
    The RTC is the federal agency disposing of the assets of failed S&Ls. Keating says he's broke.
    04/28/1994
     
    RTC won't recoup much from Texas thrift officials, study says
    RICHARD KEIL : Associated Press
    The Associated Press reported in January that in 99 of 122 cases investigated through early 1993, no subpoenas were issued against S&L insiders.
    04/21/1994
     
    Inquiry suspected 1984 campaign/Clinton panel named in RTC's probe
    SUSAN SCHMIDT : Washington Post
    The RTC, the federal agency charged with disposing of failed S&Ls, routinely investigates failed S&Ls for potential civil claims that could help recoup some of the taxpayer-funded cleanup cost.
    04/02/1994
     
    Investigator fought for Clinton probe
    RICHARD KEIL : Associated Press  Madison's owner, James McDougal, was acquitted in 1990 of federal bank fraud charges arising from the S&L's failure.
    03/28/1994
     
     
    Bush: S&L bailout may need more cash
    New York Times  Treasury Secretary Nicholas F. Brady has said the government saw no developments that would change its $50 billion estimate.
    12/12/1989
     
    Top S&L regulator quits, rips Rep. Gonzalez for harsh criticism
    Associated Press  For nearly two months, Wall has been the chief target of critics in Congress for not moving more swiftly to seize control of Lincoln, expected to become the biggest S&L failure in history.  12/04/1989
     
    3 activist groups seek Wall's ouster
    Associated Press  Meanwhile, his office issued press releases Wednesday quoting new studies as saying that Wall's handling of 223 S&L failures last year saved the government $6 billion to $8 billion.  11/30/1989
     
    Two senators criticized in S&L scandal
    Washington Post  WASHINGTON - Former Federal Home Loan Bank Board Chairman Edwin J. Gray on Sunday singled out Sens. Dennis DeConcini, D-Ariz., and Alan Cran
    11/27/1989
     
    Wall says Keating did not influence S&L decisions
    Houston Chronicle News Services  Gonzalez blames the regulator for the delay, which he says ballooned the expected $2 billion cost of the failure.
    11/21/1989
     
    Road woes continue/Neighborhood battles county over upkeep
    PAUL McKAY : Staff
    Such agreements are frequently negotiated with residents of red flag subdivisions, Winberry says. The problem goes a lot further than just this single subdivision."
    09/24/1989
     
    Road repair delays rile residents
    PATTI MUCK : Staff
    The estimated cost of materials to bring the subdivision's roads up to county standards is $150,000, Denham said.
    09/21/1989
     
    POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Homeowners handle property woes
    CATHY GORDON : Staff
    Others - about 600 - are unrecorded or "red flag" subdivisions that do not meet county road and drainage standards and have no plats, or plans, filed.
    06/21/1987
     
    Attention turns to shaky banks
    JAMES FLANIGAN : Los Angeles Times Syndicate  But failing to restrain the flow, in the S&L debacle, has proven to be political and economic poison.
    11/18/1989
     
    Panel to hire D.C. lawyer to probe five senators in S&L scandal
    Houston Chronicle News Services  The largest thrift failure is expected to cost taxpayers as much as $2.5 billion.
    11/18/1989
     
    S&L asset sale to speed up/Regulators will be told to begin right away
    Associated Press  A strategic plan developed by the Resolution Trust Corp. It expects to get jurisdiction of at least another 220 insolvent thrifts.
    12/19/1989 

     

     

    "The whole scam was originated in it's present form by Andrew Fastow while at Continental Illinois and he invented a scam to convert mortgages into securities in order to create off the books assets."    Gerg Collins

    BINGO ……SEE MORE AT  Land, Bank, S&L Frauds RAMPANT across America



    Campaign Finance DEBACLE oh yes FOLLOW THE MONEY !!!

     

    Collins You get an A +

     

    Absolutely this LIKE I've been saying for more than 20 years GOES BACK TO the Continental and Penn Square Jobs (you know what was in the OKC Murrah Building Right) just like all those PAPERS and RECORDS and NOTES that were in WTC 7 you getting this picture ????????  Hello Jesse Trentadue

     

    Financial Investigations Destroyed

    just like OKC !!!

    The building also held archives of financial fraud cases that were yet solved. It is reported that these files held case details concerning the Enron energy scandal among others. After the WTC7 demolition, these files would disappear along with it, and many of the cases were lost.

    http://onlinejournal.com/artman/publ...cle_1261.shtml

    Quote:

    Tower 7 also contained offices of the FBI, Department of Defense, IRS (which contained prodigious amounts of corporate tax fraud corporate, including Enron’s), US Secret Service, Securities & Exchange Commission (with more stock fraud records), and Citibank’s Salomon Smith Barney, the Mayor’s Office of Emergency Management and many other financial institutions.

    http://www.wanttoknow.info/010917nyl...streetsecfiles

    Quote:

    Additional details emerged Friday about the effect of the collapse of 7 World Trade Center on investigations being conducted by the New York offices of the Securities and Exchange Commission and the Equal Employment Opportunity Commission, both of which were housed in the building. The SEC has not quantified the number of active cases in which substantial files were destroyed. Reuters news service and the Los Angeles Times published reports estimating them at 3,000 to 4,000. They include the agency's major inquiry into the manner in which investment banks divvied up hot shares of initial public offerings during the high-tech boom.
    The EEOC said documents from about 45 active cases were missing and could not be easily retrieved from any backup system.

    http://www.thestreet.com/markets/mat.../10036925.html

    Quote:

    Citigroup says some information that the committee is seeking [about WorldCom] was destroyed in the Sept. 11 terror attack on the World Trade Center. Salomon had offices in 7 World Trade Center, one of the buildings that collapsed in the aftermath of the attack. The bank says that back-up tapes of corporate emails from September 1998 through December 2000 were stored at the building and destroyed in the attack.

    http://www.g4tv.com/techtvvault/feat...ctflash=false&

    Quote:

    Inside [WTC 7 was] the US Secret Service's largest field office with more than 200 employees. ..."All the evidence that we stored at 7 World Trade, in all our cases, went down with the building," according to US Secret Service Special Agent David Curran.

    As you can the government had many investments in this building including the CIA, DOD, the IRS, OEM, the Secret Service, and more.

    This building had to be brought down. It is safe to say that this was most likely the 9/11 operations field office, and once the operation was complete, the building had to go. It was a classic coverup, where the criminals covered their tracks.


    --- On Thu, 2/19/09, Jud Witham <jurisnot2@yahoo.com> wrote:

    I was there LONG before the 150 + Houston Lawyers DEMANDED and investigation of US Attorney Henry Onken from Al Gonzales's HOME TOWN of Humble Texas.....YUP can any of you OLD TIMERS tell me WHAT Henry Onken got the Pink Slip from Senator Graham For....HINT it's ONE OF THE REASONS the Houston POST was shut down by the COMPANY BOYS....

     

    You know...IRAN CONTRA and the HOUSTONIAN CABAL

    The MAFIA the CIA and George Bush, Ollie, Secord, McFarlane, Poindexter, Cap Weinberger, Cheney Saddam Insane and Bin Bombing CABAL

     

    ooops did I say Saddam Insane and Bin Bombing and BANKERS and BROKERS in the same sentence oooops

    --- On Thu, 2/19/09, Jud Witham <jurisnot2@yahoo.com> wrote:

    Sheriff Mack..just say BEND OVER AMERICA.... Judson

     

    You know Abramoff and Madoff  should've  Took Off like Stanford

    He donated funds to President Obama’s election campaign !!

     

    Like I said "CAMPAIGN FINANCE DEBACLE ON STERIODS"

     

    The Continuing SAGA of

    The Great Texas Bank Job

     

    The FBI is convinced that the two huge frauds are just the tip of the iceberg. John Pistole, the Deputy Director of the FBI, told politicians on Capitol Hill last week that the agency was investigating 530 corporate fraud cases, including 38 directly related to the current economic crisis.

     

    The Tip Of The Iceburg YAH THINK

     

    THE ROOTS GO BACK TO Houston and Dallas and all those Illegal Land Developments and Subdivision Flips and Daisy Chains....CONROE TEXAS and the Vickers, Etheridge,Clesson,Eikel,Horne,Blackshear GANG from WESTERN  BANCORPORATION there on Westheimer....You know the EPICENTER of the Houston Post's Series on DOPE, GUNS, BLOOD & MUD.....Hey the Clintons and Gary Mauro did NOTHING ORIGINAL

     

    Oh yeah it was NOT Charlie Wilson's War...It was being run from the TOP FLOOR of the Houstonian by Ollie, Secord, Poindexter, McFarlane, Baker and POPPY BUSH and the COMPANY

     

    The Tip Of The Iceburg YAH THINK



     

    Stanford affair leaves sportsmen at sea

    Suspicions that money could be tainted will be haunting agents and sports executives, as well as the Texan's customers

    ·   Hunt for Allen Stanford and his billions

    ·   Sky-high returns that investors found hard to resist

    ·   Allen Stanford 'fraud' uncovered by favour

    Top of Form

    Stanford: a sorry tale of greed and shame

    It is not good enough to say that the ECB's contract with the Texan was signed with 'the best of intentions', says Mike Atherton

    ·   Fallout from Allen Stanford affair leaves top sportsmen confused

    ·   Game was used as a rich man's plaything. Its fawning bosses got what they deserve

    ·   Allen Stanford fraud charges trigger panic and run on his banks

    Bottom of Form

     

    AIG Congress

    Wednesday, February 18, 2009 6:55 PM

    From:

    This sender is DomainKeys verified

    "greg collins" <gregcollins62@yahoo.com>

    View contact details

    To:

    jacklancaster@sbcglobal.net

    Message contains attachments

    Full_page_fax_print.pdf (1166KB), L.A. times.zip (395KB), Message from Obama.doc (21KB), Lugars new math.rtf (3KB)

     

    Hello Jack Lancaster

    I got your E-mail about Congress and bailouts.

    That was a good guess but I work on lending and political fraud full time.

    SEE MORE AT  Land, Bank, S&L Frauds RAMPANT across America

    I have been warning people about the upcoming crash and the causes for several years now but they have been all distracted by the Iraq war, Immigration etc.

    I'm not trying to tell anyone the issue they work on is not a good or important issue to focus on but these crooks in politics use wedge issues to divide and conquer like a band of thieves creating a diversion in front of a store, bank or whatever target and getting busted for public disturbance while their accomplishes take of with the treasure that was left unguarded.

    While the politicians have has us arguing about, abortion, gay rights, war, health insurance etc. they have converted our mortgages into securities worth 30-60 time the value of the mortgage.

    While this crime may seem obscure and a matter of accounting actually it's probably the most dangerous crime that could be committed and here's why.

    Lets say you have a $100,000 home and the lender securitizes the loan well presto chango you have created $3,000,000 to $6,000,000 in assets you have provided for them. Now lets say they can force a foreclosure or wrote a loan designed to fail in the first place now they transfer the loan to a trust relationship and transfer it two or three more times now there is $12,000,000 to $24,000,000 in derivatives based wealth based on your $100,000 home.

    You would not think it is possible to steal 12 to 24 million dollars from someone who has one hundred thousand dollars in equity but yet these toxic loans have