Not The Grub Street Journal

Exegesis Hermeneutics Flux Capacitor of Truthiness

Link no longer works here is the New positive Money Web site  http://www.positivemoney.org/how-money-works/proof-that-banks-create-money/Positive Money Forum • View topic – People here are misunderstanding modern banks: This link will take you back to the Old Posiitive Money site for commentsd and stuff that you are looking for if its there. A link for finding old discussions …

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I am developing my model of how the securitisation Food Chain of mortgage debt is structured. My latest discovery is that the Default and foreclosure agenda is driven by distribution contracts for the securitised Mortgage pools, nothing to do with the original Lender/borrower relationship. Further insights from the American experience of MERS and the infamous recent cases …

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