Fed Business: Loan Sharking

The Dirty Fed has been forced to open its books, not surprisingly, data reveal that money managers capitalized nicely on the Fed's intentions, as I suppose they well should have seeing as how our friends at 20th and Constitution are so -------- transparent about doing whatever it takes.

Grab the barf bag, you might need it.

Via Western Rifle Shooters Association

Cook County Sheriff Will Not Enforce Foreclosure Evictions

The sheriff for Cook County, Illinois, which includes the city of Chicago, said on Tuesday he will not enforce foreclosure evictions for Bank of America Corp, JPMorgan Chase and Co. and GMAC Mortgage/Ally Financial until they prove those foreclosures were handled "properly and legally."

Alan Grayson To FBI: Handcuff Time

"It is not enough for big banks only to apologize for fraud, perjury, and even breaking and entering – when they are caught. It is time for handcuffs. Fraud does not become legal just because a big bank does it."
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Indeed.

Now We Got Trouble: Title Insurance

"Without title insurance you cannot get a loan for a property. And you're an idiot to buy even for cash without a Title policy. If there's a problem you could easily find out that you bought an empty box - and have nothing."