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OpEdNews Op Eds    H3'ed 6/23/10

Stanley Sporkin: BP's Ombudsman Fixer

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In 1990, Fitts left HUD to found Hamilton months later, several years afterward winning a competitive bid to serve as the Federal Housing Insurance Administration's financial advisor, executing, from 1994 - 1997, $10 billion in mortgage loan sales as well as strategic services for the agency's $500 billion mortgage and mortgage insurance portfolio, using revolutionary techniques greatly benefitting HUD and millions of taxpayers. On Solari.com, she then explained what happened, saying:


"One day I was a wealthy entrepreneur with a beautiful home, a successful business and money in the bank....The next day I was hunted, living through 18 audits and investigations and a smear campaign directed not just at me but also members of my family, colleagues and friends who helped me."


She believes it "originated at the highest levels," putting her through more than two years of "serious physical harassment, and surveillance, (including) burglary, stalking, having house guests followed, and (finding) dead animals left on (her) doormat."


What most people think can't happen in America, in fact, does, to anyone challenging corporate or government power - trashing the rule of law for their own interests, cleverly manipulating the public not catch on, or when it does, it's too late.


In Fitts' case, Hamilton's business and future opportunities were systematically wiped out, what led her to found Solari.com, focused on ethical investment, to help individuals and families protect their assets by understanding how dark Wall Street/Washington forces collaboratively drain investors and communities.


Hamilton Securities Litigation - Enter Sporkin


By trying to prevent the housing bubble and mortgage fraud, Hamilton was targeted by numerous lawsuits, including Ervin relator for United States v. Hamilton Securities (Qui Tam).


In March 1998, through his appointed Special Master trustee, then US District Court Judge Sporkin approved the court's takeover of Hamilton, and seizure of its software and databases.


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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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