Criminal Banking Combine on the Move.
American criminal Banking Combine on the Move.
Banks to screw tax payers AGAIN.
Lobbyest insider just notified us of Lobbying
attempt to change basic accounting principles
for banks.
This would set up the NEXT toxic paper
bailout.
The banks want to be exempted from having
to carry certain assets on the books, at true
market values. ( NOT MARK THEM TO MARKET )
This would allow them to carry the assets
at 100% of value, not the true value.
So accountants couldn't get a true picture
of a banks health, and could allow
the banks to sell assets to unknowing
customers at 100% value not the
actual market value.
Lobbyest are pushing their
congressional puppets to pass
this Major abuse of fundemenatal
accounting principals.
Watch who votes to pass this
and note the contributions from
the Banking combine to buy
these congressmen.
These Banking criminals should
be prosecuted, not allowed
to bastardize accounting principals
to make their balace sheets look better
than they actually are.
Banks want to sweep their loan fraud
under the carpet with accounting TRICKS.
Anyone know who is sponsoring this bill?
comment please.
Gerald
Anthropologist
UPDATE:
What is this marked to market stuff?
Your stocks are marked to market every day.
The price the market will buy and sell them at.
The banks want to carry the toxic paper at Original market value,
Not the value the market has determined now.
Its like your bought a stock at $100 dollars and its gone down to $20
and you want to carry it on the corporate books at $100.
So no one really knows your true value.
Its illegal immoral, and against all fundamental accounting principals.
They want to lie, on their balance sheets.
They made the mess now live with it you SOBs,
G
These guys have no shame. Their CRIMINAL GREED knows no bounds. This attempt to corrupt accounting principals
is being done in plain sight of day. They FEAR no one.
They just pulled off the BIGGEST BANKING FRAUD IN HISTORY
and their lobbyest are seeking to sweep the losses they got
caught with under the accounting rug.
Jeeze lets just suspend the CRIMINAL FRAUD LAWS
FOR THEM TOO.
Is congress staffed with Idiots.
All congressmen and Senators can't be idiots
or bought and sold; truly not ALL OF THEM.
.
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