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Business and Industries Discuss things going on in the corporate world, individual companies and corporate practices.

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Old 07-30-2007, 09:54 PM   #1 (permalink)
Rod
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The Stripping of America banker style
I wanted to put this post in here for anyone who may be interested in the equity stripping that has been going on in America for years.

In my quest for help and researching what others have experience I came across this young man's web site. It is called "Predatorix". Trust funds of innocent investors have been raided along with the coiffers of the American public by loan guarantees. In a recent ruling it has been determined that the documents of ("Orix litigation pipeline" & "Orix judgment pipeline") on this page must be removed from his site. Orix is a servicing agency for Wells Fargo. If you take the time to read the articles on this site you will see how a few are taking advantage of both small investors, trust funds and unsuspecting borrowers who thought our government tightly regulated these corporate raiders. Of judgments Orix collect on many are ex-parte on expired contracts. If the case were as in our case the documents could have been solely created by Wells Fargo to facilitate collections that they were not entitled to and short SBA loan funds. As the bank's attorney stated at the Iowa Appeals Court, "Standard banking practices" include altering and doctoring documents to acquire by deception property which they are not entitled to.


In the documents on this page Pick-of-the-Week for July 24, you can read for yourself how even some of the family members that are not even involved the loans of these small businesses are on these documents. The list of debtor families are considered fair game for extortion and equity stripping. The documents show exactly why everyone should be alarmed at the rate these people are stripping equity from the American public.

Along with the fact these same bankers are creating documents to get those federal guarantees in their predatory practices. We should all take notice. Freedom is not free if we do not all join together and take a stand to stop the stripping of the wealth from the innocent in America. No one is safe from these predators in sheeps clothing. The best interest of all is not for a few unscrupulous men to have free reign to strip the American people.
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