Send a Tweet
Most Popular Choices
Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Tell A Friend Printer Friendly Page Save As Favorite View Favorites
OpEdNews Op Eds

American Ponzi a new way of removing small business owners of Revenue via financial Fraud

By       Message DAnne Burley       (Page 1 of 3 pages)     Permalink    (# of views)   No comments

Related Topic(s): ; ; ; ; ; ; ; ; ; ; (more...) ; ; ; ; ; ; , Add Tags  (less...)
Add to My Group(s)

Must Read 1   Supported 1   Valuable 1  
View Ratings | Rate It

opednews.com

Author 22838
- Advertisement -

By D'Anne Burley all right reserved July 21, 2010 D'Anne Burley Show

Named after Charles Ponzi, who had a remarkable criminal career in the early 20th century, the term "Ponzi" has been used to describe pyramid arrangements whereby an enterprise makes payments to investors from the proceeds of a later investment rather than from profits of the underlying business

The game today is play by "Using things of value and then creating investment pools from them within various financial markets".

For example, within recent years those involved within these processes used, terms like,

- Advertisement -

Subordinate

Subordinate, verb: 1. A tool used to finance shortages of upfront cash needed by a buyer or borrower and finance it with your (the sellers) real estate equity. 2. To have your equity dollars take a back seat to, or voluntarily accept a junior position to a new loan being originated for another. Subordination,

1. A double sided blade or potentially dangerous tool more and more commonly being misused these days by a few buyers or builders to finance their shortages of upfront cash in a transaction and finance it with your equity dollars usually in order to buy or build a home with less cash. 2. a misunderstood vehicle being more and more misused by equity skimmers and scam artists to bilk gullible or unknowledgeable people out of their real estate equity before skipping town

- Advertisement -

2. Within Term Life Insurance policies the owner of any rights under an individual life insurance policy or annuity contract may assign any of those rights, including any right to designate a beneficiary. An assignment which is valid under general contract law vests the assigned rights in the assignee (the person to whom the assignment is made) subject to any provision in the insurance policy or annuity contract inserted to protect the insurer against double payment or obligation.

The rights of the beneficiary under a life insurance policy or annuity contract are subordinate to those of an assignee, unless the beneficiary was effectively designated as an irrevocable beneficiary prior to the assignment.

Credit Default Swap (CDS)


Then within the issue of "Credit Default Swaps" the buyer of a credit swap receives credit protection, whereas the seller of the swap guarantees the credit worthiness of the product. By doing this, the risk of default is transferred from the holder of the fixed income security to the seller of the swap. For example, the buyer of a credit swap will be entitled to the par value of the bond by the seller of the swap, should the bond default in its coupon payments.

- Advertisement -

Within the Mortgage Industry Borrowers were without the full knowledge that their homes were being moved into the secondary market, and the note "(their deed and financial rights to the property) was being levied within so called credit default swaps. Within hidden contracts so read that those who were allowed these loans were single males between the ages of 35-45 because within their guild lines they felt that they would lose 52.75% ownership interest in this company t hey could repeatedly sell the paper keeping these deals alive longer without detection.

The mortgage was converted and moved in and out of many Option Markets, then used within various stock exchanges and also moved within credit derivative trading.

Next Page  1  |  2  |  3

 

- Advertisement -

Must Read 1   Supported 1   Valuable 1  
View Ratings | Rate It

opednews.com

Radio Talk Show Host investigative reporter and member of Scholars for 9/11 and 9/11 truth.

DAnne Burley Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

America into becoming a Third World Nation within bailout

Only three Black US Senators in our history

Keating Five and Wall Street Crisis Match and Why?

Binders Full of Women Mitt Romney

Wall Street Collapsed a planned operation going back to Enron, Oklahoma City, Sept 11th 2001 - Follow the Money

Please We Need You Story on Mortgage Fraud