Friday, September 2, 2011

America's banks in connection with the prosecution caused the economic crisis

America's banks in connection with the prosecution caused the economic crisis

According to Alalam.ir Website : The newspaper said, citing three unnamed sources, said the prosecutions will begin Friday formally or next week at the latestAnd concentrated prosecutions on the role of these banks to convert loans into shares destructible real estate, for it depends on the proceeds of creditors that have been deliberately inflated by any manipulation on purpose, to put these stocks on the marketThese loans, which led to the financial crisis in 2008 and 2009, when the entire financial system collapsed because of failure to pay the debtors many loans, and low stock pricesThe crisis reached a climax to bankrupt Lehman Brothers in September 15, 2008And will ask the federal agency for mortgage finance from banks to pay the losses incurred by the bodies in share prices rather than asking them to buy shares of the deceased sold to Fannie Mae and Freddie MacThe newspaper said the federal agency for real estate began proceedings now because the facts Sttkadm as of Wednesday's a transfer of financial bodies to the government authorities ...
Original Text At Alalam.ir

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