GLOBAL SUB-PRIME CRISIS

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BFCSA
MORTGAGE
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What BFCSA Does...

BFCSA investigates fraud involving lenders, spruikers and financial planners worldwide.  Full Doc, Low Doc, No Doc loans, Lines of Credit and Buffer loans appear to be normal profit making financial products, however, these loans are set to implode within seven years.  For the past two decades, Ms Brailey, President of BFCSA (Inc), has been a tireless campaigner, championing the cause of older and low income people around the Globe who have fallen victim to banking and finance scams.  She has found that people of all ages are being targeted by Bankers offering faulty lending products. BFCSA warn that anyone who has signed up for one of these financial products, is in grave danger of losing their home.

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BFCSA Blog

Led by award-winning consumer advocate Denise Brailey, BFCSA (Inc) are a group of people who are concerned about the appalling growth of Loan Fraud around the world. BFCSA (Inc) is a not for profit organisation in the spirit of global community concern and justice.

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Subscribe to this list via RSS Blog posts tagged in Banksters At Work
Let Banks Fail Is Iceland Mantra as 2% Joblessness in Sight By Omar R. Valdimarsson Jan 27,   Iceland let its banks fail in 2008 because they proved too big to save.  Now, the island is finding crisis-management decisions made half a decade ago have put it on a trajectory that’s turned 2 percent unemployment into a realistic goal. While the euro area grapples with record joblessness, led by more than 25 percent in Greece and Spain, only about 4 percent of Iceland’s labor force is without work. Prime MinisterSigmundur D. Gunnlaugsson says even that’s too high. “Politicians always have something to worry about,” the 38-year-old said in an interview last week. “We’d like to see unemployment going from where it’s now -- around 4 percent -- to under 2 percent, which may sound strange to most other western countries, but Icelanders aren’t accustomed to unemployment.” The island’s sudden economic meltdown in October...
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  • doyla66
    doyla66 says #
    I cant believe it especially with what we have had to put up with in Australia, Iceland has a Government with integrity. Please ta
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Dear members As of this morning Tony Abbot has accepted an invitation to debate with Kevin Rudd, he wants the first debate to be held at the Canberra Press Club and the next two as open public forums. As David Speers will be the adjudicator and Foxtel will be broadcasting nationally I've taken the opportunity to check out the Sky news website. On the site are a lot of little sub sections but one caught my eye and so I clicked, this section is called "your say" so I thought why not. They ask for your name, email address and town or city location but then you get a small space to put your comment in, if you prefer you can ring 1300 32 88 80 to make a comment. I requested for David Speers to ask both leaders why they both won't address the problems of the thousands of Australians...
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  • doyla66
    doyla66 says #
    We have submitted 'Our Say'. Please everyone it only takes a few minutes take this opportunity give yourself a chance to be heard.
  • doyla66
    doyla66 says #
    Yep mine is in also. Keep them rolling in peeps
  • doyla66
    doyla66 says #
    I have submitted my queries as well. "Why won't both leaders acknowledge the fraudulent banking practices. You are telling Austral
  • doyla66
    doyla66 says #
    I have just sent my question in as well regarding asking the hard question of both leaders of how they will tackle the bank crime
  • doyla66
    doyla66 says #
    I have just submitted my question..hope it gets asked. So come on everyone google sky news point curser to contact, another bar op
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In the coming weeks we will be revealing the ultimate details of the most diabolical grand heist the world has ever seen.  The Grand Heist occurred in the banking sector of a massive number of countries - an elaborate plan that involved tens  of thousands of players, yet so simple that borrowers and "carriers" would never figure out how and why they LOST THEIR HOMES, or why their homes are currently under threat.   This monstrous plot, became so brazen in its approach, so catastrophic for victims of financial products and services - sub prime loans - ponzi scams - managed investment scams, that Bankster Engineers knew Governments would eventually have to bury the TRUTH to protect their own political careers. Public Servants were enmeshed in the cover-up for a variety of reasons:  kicks-backs or simply career advancement.   The public were uninformed of one the the biggest crimes which shall...
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  • doyla66
    doyla66 says #
    world.wide.web: www.nightmare-on-macquarie-street, coming to the nearest senate asic enquiry to you, stay tuned.......
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ASIC refuse to look at the Banks.........................banks paid Money Choice Guru, Matt George Commissions.  Banks took on the clients from Matt (perhaps 600?) and gladly stitched the people up with unaffordable loans as any IMPRUDENT LENDER would. No Bank wanted to stop the income stream to Matty.  Too lucrative a business.   He had 17 Banks?Lenders to choose from.  And which aggregators involved?  FAST GROUP of course and STEPHEN KANE.....the conduit to protect the banks.  No-one was protecting consumers. BFCSA have gathered together over 90 members of Money Choice that are left in a deplorable situation.  They are coming in from three states so far: WA NSW, VIC I spoke with Matt last year:  He said something extraordinary: “I always did a pensioner statement. denise....always”  Meaning he declared to the bank his clients were pensioners. He was placing all his deals to the banks via aggregators FAST GROUP – Stephen Kane involved in a n...
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  • doyla66
    doyla66 says #
    This is a classic example of white collar crime on the public and society. Hardly anything will happen to this guy but if your ch
  • doyla66
    doyla66 says #
    Good question Lisa, what does happen to his unfortunate clients who have bought properties with a toxic fraudulent loan. Very impo
  • doyla66
    doyla66 says #
    I'm glad you explained this, Denise. Otherwise I would have concluded that Matt George was the credit provider and lender. So onc
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