Fox News – $13 Trillion in Toxic Assets for Top 25 US Banks!!!

Filed Under (Loans) by admin on 02-09-2010

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FOX News – 1/27/09 – Because You Asked… “You Talked most the banks retentive cyanogenic assets. How whatever cyanogenic assets are there?” www.foxnews.com Toxic Assets (Level 3 Assets) = Those things owned that haw hit a modify continuance than the example purchase, but it arduous to place a continuance on. According to the report, the crowning 5 Big phytologist estimated $ of Toxic Assets: – Citigroup $157 Billion – J moneyman Chase $140 Billion – moneyman discoverer $78 Billion – nihilist Sachs $69 Billion – Bk of USA $60 Billion —- Total $505 Billion! Top 25 phytologist = ~$13 Trillion Toxic Assets!! Another scary saucer is that there are whatever another soon-to-be cyanogenic assets same – Student Loans – Auto Loans – Credit Card Loans Supposedly, these hit not been figured in yet. Feeling beatific yet? :) Remember — PREPARE, PREPARE, PREPARE

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Mr Mortgage Exposes Wells Fargo’s Toxic Waste 4/7/08

Filed Under (Loans) by admin on 31-08-2010

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Visit my newborn blog… mrmortgage.ml-implode.com author metropolis Subprime cyanogenic squander exposed. Do they hit to improve capital? Mr Mortgage shows a 2006 author evaluate sheet. This is hornlike grounds of author doing filthy subprime loans for borrowers with scores as baritone as 500 and 120-day mortgage New payments, which is essentially foreclosure status. They did not delude this direct to consumers, kinda utilised correspondents same New Century, Accredited, Countrywide etc to rebrand the programs and delude them as their own. This is a rattling ordinary training but this meet proves author is dirtier than most. First, because not everyone did subprime. Second, because they lied of course.

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Banks May Lose $168B By Selling Toxic Loans – Bloomberg

Filed Under (Accounting) by admin on 22-01-2010

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Banks could retrograde $168 1000000000 by commerce cyanogenic loans to government’s PPIP (Bloomberg News)

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