But the concept was not .
Film/Movie Recommendations
- Thread starter Omega133
- Start date
But the concept was not .
I’m adding my perception and that’s being generous lol
Dennis Tate
Banned
If you like movies that inform you as well as entertain..... then I would recommend.....
ALL THE MONEY IN THE WORLD - Official Trailer (HD)
6,852,019 views
•Nov 29, 2017
RainbowSingularity
Valued Senior Member
that looks good
RainbowSingularity
Valued Senior Member
must watch movie
tells it like it is
does not detail the massive corruption of the insurance scam of mortgage insurance backing
where lenders made borrowers pay for mortgage repayment insurance
and then also insured each loan by their own company and at their own pay-out for loss of repayment
so if the home owner went bankrupt the lender would get full cover & the home owner even though they had paid for re-payment insurance
would get thrown out on the street with nothing
and the lender of the money was buying their own insurance on the person they were lending to
but doing it through a 2nd company to get around regulators
so the insurance was on a bonded product default
not directly on the house and not directly on the house loan
it is the untold story of the 2008 global credit collapse
insurance company's probably do not want it made public because it makes them look bad as well as banks and other lenders
wall st bankers and hedge fund managers were the ones doing it
not banks and retail lenders
that may be too revealing
would be a great new movie for mark wahlberg
those who do not understand finance or listen to people like seattle whos probably friends with all the people who caused the 2008 global collapse......
the home owner borrows money
is told they must buy mortgage re-payment insurance in-case they default
but that insurance only pays the company they borrow from, not them
then the company they borrowed the home loan from
sells the loan off as a bond where investors can buy shares in it
so you have
investors putting in cash(mortgage bond/stock investor buyers)
home owners putting in cash
then the company who create the bonds, who buy all the loans, sell the loans off
so they dont own the loans any more they just own the stock bond
and on the other side
you have the company which has bought all the loans off the home loan seller
on one side the home loan
on the other side the same home loan is a bond/stock
& the company in the middle
buys its own insurance
off an insurance company
insuring the non payment of those loans
so if the home owner goes bankrupt the home owner gets nothing, the bond collapses and the stock/bond owner gets nothing
and the company in the middle gets an insurance pay out
plus all the cash they have been taking
and they get the property to sell but through a separate company
thats who wall st people are
that is capitalism
capitalism has no morals
tells it like it is
does not detail the massive corruption of the insurance scam of mortgage insurance backing
where lenders made borrowers pay for mortgage repayment insurance
and then also insured each loan by their own company and at their own pay-out for loss of repayment
so if the home owner went bankrupt the lender would get full cover & the home owner even though they had paid for re-payment insurance
would get thrown out on the street with nothing
and the lender of the money was buying their own insurance on the person they were lending to
but doing it through a 2nd company to get around regulators
so the insurance was on a bonded product default
not directly on the house and not directly on the house loan
it is the untold story of the 2008 global credit collapse
insurance company's probably do not want it made public because it makes them look bad as well as banks and other lenders
wall st bankers and hedge fund managers were the ones doing it
not banks and retail lenders
that may be too revealing
would be a great new movie for mark wahlberg
those who do not understand finance or listen to people like seattle whos probably friends with all the people who caused the 2008 global collapse......
the home owner borrows money
is told they must buy mortgage re-payment insurance in-case they default
but that insurance only pays the company they borrow from, not them
then the company they borrowed the home loan from
sells the loan off as a bond where investors can buy shares in it
so you have
investors putting in cash(mortgage bond/stock investor buyers)
home owners putting in cash
then the company who create the bonds, who buy all the loans, sell the loans off
so they dont own the loans any more they just own the stock bond
and on the other side
you have the company which has bought all the loans off the home loan seller
on one side the home loan
on the other side the same home loan is a bond/stock
& the company in the middle
buys its own insurance
off an insurance company
insuring the non payment of those loans
so if the home owner goes bankrupt the home owner gets nothing, the bond collapses and the stock/bond owner gets nothing
and the company in the middle gets an insurance pay out
plus all the cash they have been taking
and they get the property to sell but through a separate company
thats who wall st people are
that is capitalism
capitalism has no morals
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