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One West Bank = Nothing more than a shell to take over IndyMac Bank's real estate and mortgage assets at a steal of a price.

George Soros and Michael Dell are large % owners.

The FDIC is paying these guys to foreclose on homeowners and Joe Taxpayer is footing the bill. THey purchased the assets of Indymac Bank with FDIC approval.

They paid 70% on the dollar.

For every home they foreclose, and lose money on, the FDIC writes them a check to cover.

And we pay the bill and the money goes right into Soros' and Dells pocket.

Ever wonder why it's virtually impossible to get a short sale approved or Loan mod approved with INdymac bank now that they are owned by One West Bank?

Now you know why.

What a scam. How does this not make the news?

Yep. Soros and Dell are incentivised to lose Federal money so that they can get the 80% reimbursement from .... YOU AND ME.

I guess wen you get that rich, morals go out the window.

See this video for the full story in graphic detail.

http://www.thinkbigworksmall.com/mypage/player/tbws/23622/1029753

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15y ago

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