Frontline TV - The Fall of Lehman Brothers TV - Bankers TV - Charles H Ferguson TV - RBS: Inside the Bank that Ran Out of Money TV - Robert G Ingersoll - Danny Schechter & In Debt We Trust TV - CNN online - Arthur Miller - The Big Short 2015 - Freefall 2009 - Panorama TV - The Treason Trilogy 2009 -
41,825. The road to riches for Bear [Stearns] was simple: buy hundreds of mortgages, then bundle them into securities and sell them to investors. (Money & Economy & Banksters & Finance & Business & Lending & Loans & Credit & Mortgage) Frontline: Inside the Meltdown, PBS 2009
41,826. Bear had borrowed heavily to invest in toxic assets and other high risk securities. (Money & Economy & Banksters & Finance & Business & Lending & Loans & Credit & Mortgage) ibid.
41,827. They found billions in sub-prime default loans. (Money & Economy & Banksters & Finance & Business & Lending & Loans & Credit & Mortgage) ibid.
41,920. The so-called sub-prime mortgage scandal was born. (Banksters & Economics & Mortgages & Business & Finance) The Fall of Lehman Brothers, BBC
41,921. The real money for Wall Street banks came not from selling mortgages to home owners but from selling bundles of these loans among themselves and other institutional investments. (Banksters & Economics & Mortgages & Business & Finance) ibid.
41,923. Repossession rocketed and house prices slumped. (Banksters & Economics & Mortgages & Business & Finance) ibid.
42,014. From the late 1990s banks lent around a trillion dollars to Americans on low incomes to buy houses. (Banksters & Lend & Mortgage & Finance & Economics & Business & Money) Bankers II: Risking It All, BBC 2013
42,078. In the early 2000s there was a huge increase in the riskiest loans called subprimes. (Banksters & Money & Finance & Business & Credit & Economics & Mortgage & Loan) Charles H Ferguson, Inside Job 2010
42,079. The investment banks actually preferred subprime loans because they carried higher interest rates. (Banksters & Money & Finance & Business & Credit & Economics & Mortgage & Loan) ibid.
42,080. Lehman Brothers was the top underwriter of subprime lending. (Banksters & Money & Finance & Business & Credit & Economics & Mortgage & Loan) ibid.
42,087. As early as 2004 the FBI was already warning of an epidemic of mortgage fraud. (Banksters & Money & Finance & Business & Credit & Economics & Mortgage) ibid.
42,112. Greenwich Capital made money out of mortgages. RBS/Greenwich Capital moved up the league table of mortgage traders. (Banksters & Mortgages) RBS: Inside the Bank that Ran Out of Money, BBC 2011
42,612. A mortgage casts a shadow on the sunniest hill. (Debt & Mortgage) Robert G Ingersoll
42,638. The Crunch Is Coming ... Today most families will never pay off their mortgage because of constant refinancing. Remember when we called our homes our castles? (Debt & Credit Cards & Credit & Mortgage) Danny Schechter: In Debt We Trust ***** PSTV 2007
42,639. Mortgage Debt: 2005 $8.8 trillion; 1995 $3.4 trillion. (Debt & Credit Cards & Credit & Mortgage) ibid.
42,644. Home owners withdrew $600 billion in 2005 in equity for credit card bills and personal spending. (Debt & Credit Cards & Credit & Mortgage) ibid.
81,551. FBI warns of mortgage fraud ‘epidemic’. (Mortgage & Fraud) CNN.com September 2004
97,387. Figure it out. Work a lifetime to pay off a house. You finally own it, and there’s nobody to live in it. Arthur Miller, Death of a Salesman, Willy
118,188. In the late 70s banking wasn’t a job you went into to make large sums of money. It was a fucking snooze. (Economics & Banking & Mortgage) The Big Short 2015 starring Christian Bale & Ryan Gosling & Steve Carell & Brad Pitt & Hamish Linklater & Rafe Spall & Jeremy Strong & John Magaro & Finn Wittrock & Tracy Letts et al, director Adam McKay
118,189. In 2008 it all came crashing down … but there were some that saw it coming … the giant lie at the heart of the economy. (Economics & Banking & Mortgage) ibid.
118,190. I want to short the housing market. (Economics & Banking & Mortgage) ibid.
118,191. It’s time to call bullshit. Every-fucking-thing. (Economics & Banking & Mortgage & Bullshit) ibid. Carell
118,192. I know what you’re thinking: what the fuck is a synthetic CDO? (Economics & Banking & Mortgage) ibid.
118,193. These people are crooks and they should be in prison. (Economics & Banking & Mortgage) ibid. short-seller
119,707. Watford 2007: There is so much dough floating around out there at the moment. They are throwing that wedge at us, yeah? And you can’t get no-one to borrow it? At 6%? Freefall 2009 starring Dominic Cooper & Aiden Gillen & Joseph Mawle & Anna Maxwell Martin & Rosamund Pike & Riz Ahmed & Alfie Allen & Sarah Harding & Charlie Creed-Miles, director Dominic Savage, Gus
119,708. I want mortgages, more mortgages, bigger mortgages, if they’ve got a mortgage, then remortgage! ibid.
119,709. We are liberating the market, we are enabling people, empowering people, tens of thousands, hundreds of thousands, millions of people who wouldn’t ordinarily get near a mortgage. ibid.
119,710. Owning a property like this is – death. ibid. Dave
119,711. We can pay next month’s instalment and then that’s it. ibid. Mandy
119,712. This is turning out to be real payback time. ibid. Gus
122,004. It’s been ten years since the government bailed out the banks. But thousands of families with mortgages are still counting the cost. Tonight we reveal how the government’s own bank charged exorbitant interest rates, evicted people unfairly from their homes, and then flogged off their mortgages to the highest bidder. (Mortgage & Home) Panorama: Trapped By My Mortgage, BBC 2018
122,005. Their mortgage is nearly two and a half thousand pounds a month … They are mortgage prisoners. (Mortgage & Home) ibid.
123,905. Sub-prime mortgages blighted whole neighbourhoods, boarded up houses were vandalised, driving down the value of next-door properties. (Capitalism & Finance & Banking & Wall Street & Property & Mortgage & Treason) The Treason Trilogy I: Casino Capitalism, Terror and Doom, 2011
123,909. Lives are shattered when people speculate in property. (Capitalism & Finance & Banking & Wall Street & Mortgage & Property & Treason) ibid.