FCIC HEARING TESTIMONY: FROM THE HORSE’S ——-?

Watch Dick Fuld Lie Live And Commercial Free
via zero hedge – on a long enough timeline, the survival rate for everyone drops to zero by Tyler Durden on 9/1/10 watch

The FCIC’s daily mouthful-and-a-half matine titled “Too Big to Fail: Expectations and Impact of Extraordinary Government Intervention and the role of Systemic Risk in the Financial CrisisThe Role of Derivatives in the Financial Crisis” (price of admission: free, if entrance before the S&P rises by 3% on weaker than expected Chinese, European and US data) starring Dick Fuld and co-starring a bunch of corrupt politicians is now playing. There is no expectation of Fuld fictional love interest Erin Calan appearring at least until the sequel. For all those who are sick and tired of watching the [AUDJPY|gold] take all stops to the [upside|downside], tune in to today’s theatrical pastiche at the following link.

Today’s full program of appearances. For all those asking, Ben Inkjet and Mary Corrupto will be appearing tomorrow.

·    Session 1: Wachovia Corporation

Scott G. Alvarez
General Counsel
Board of Governors of the Federal Reserve System
Testimony (PDF) 2010-0901-Alvarez
John H. Corston 2010-0901-Corston
Acting Deputy Director, Division of Supervision and Consumer Protection
U.S. Federal Deposit Insurance Corporation
Testimony (PDF)
Robert K. Steel 2010-0901-Steel
former President and Chief Executive Officer
Wachovia Corporation
Testimony (PDF)
·    Session 2: Lehman Brothers

Thomas C. Baxter, Jr. 2010-0901-Baxter
General Counsel and Executive Vice President
Federal Reserve Bank of New York
Testimony (PDF)
Richard S. ‘Dick’ Fuld, Jr. 2010-0901-Fuld
Former Chairman and Chief Executive Officer
Lehman Brothers
Testimony (PDF)
Harvey R. Miller 2010-0901-Miller
Business Finance & Restructuring Partner
Weil, Gotshal & Manges, LLP
Testimony (PDF)
Barry L. Zubrow 2010-0901-Zubrow
Chief Risk Officer
JPMorgan Chase & Co.
Testimony (PDF)

7 Responses

  1. Bill & Jose,
    Take a look @ “A Thought About Bankruptcy Petitions: Creditor ID Posted on March 16, 2010 by Neil Garfield” …
    pay close attention to the responses, specifically those by Jan van Eck.

  2. Anoymous, Bill, Jose,

    I wish I knew about challenging the creditor in BK 7 two years ago.

    We hear warnings about the wrong party being discharged in bankruptcy. I am dealing with this now the new debt collector is reporting on my credit report with a new loan number for the loan on my home that was discharged!

    My Bankruptcy attorney assures me the loan on my home was discharged but he knows nothing about securitization issues. He is going to go after them on FDCPA, FCRA and reopen bankruptcy file.

    I disputed debt with collector and credit bureau and they state it is valid and stands.

    They ruined my rebuilt credit all over again!

    I am furious!

    Watch your credit reports if you have filed BK and fight back . They can try and foreclose but they cannot get away with going against a court order in BK. There is no way the debt is valid unless the party that requested the Motion for Relief of Stay in Bankruptcy proceeding lied to the court.

  3. Bill Kay,

    Not an attorney – but think you are supposed to bechallenging the identity of the creditor in BK. The BK attorneys has to be prepared to litigate – many will not litigate.

  4. WOW–I GOT THE PROSPECTUS AND THE POOLING AND SERVICING AGREEMENT CERTIFIED FROM THE SEC TODAY. IT IS WRAPPED IN A RIBBON, AND CERTIFIED BY LARRY MILLS RECORDS OFFICE.

    THIS WAS OBTAINED BY REQUEST AND WILL BE ADMITTED INTO THE RECORD AS THEY WILL NOT PROVIDE ANY DOCUMENTS.

    EMAIL B.DAVIESMD@GMAIL.COM FOR THE DETAILS ON OBTAINING THE RECORDS.

  5. Jose,

    In my limited understanding of BK, if you’ve listed them on the schedules, they do not have to file proof of claim.

    Maybe someone knowledgeable can shine more light on this.

  6. What would happen to a pretender lender or a rightful creditor if they never filed any claims in bankruptcy court on either a chapter 13 or chapter 7 filing and all debts were officially discharged by the BK judge and abandoned by the US trustee?

    Would they have a chance to foreclose on a lien that was discharged and for which they never asserted any claims during the BK proceeding?

    Can they come back after two years and say, oops I forgot you existed and even though I waived my rights by default I will run over you and your family because I am a pretender lender?

    What can be done besides an action to quiet title to void the off the earth legally speaking. Not looking for legal opinion just your insightful thoughts.

  7. Neil,
    The live testimony is most enlightening. Those of us in the trenches know what is going on and the testimony is reflecting to the panel and the public the reality of the fraud. You owe it to yourself the watch. Thank you for reminding me of the event. Harold

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