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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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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 Big Boy Leverage for Banks New G20 Rules: Cyprus-style Bail-ins to Take Deposits AND Pensions Posted on December 1, 2014 by Ellen Brown On the weekend of November 16th, the G20 leaders whisked into Brisbane, posed for their photo ops, approved some proposals, made a show of roundly disapproving of Russian President Vladimir Putin, and whisked out again. It was all so fast, they may not have known what they were endorsing when they rubber-stamped the Financial Stability Board’s “Adequacy of Loss-Absorbing Capacity of Global Systemically Important Banks in Resolution,” which completely changes the rules of banking. Russell Napier, writing in ZeroHedge, called it “the day money died.” In any case, it may have been the day deposits died as money. Unlike coins and paper bills, which cannot be written down or given a “haircut,” says Napier, deposits are now “just part of commercial banks’ capital structure.” That means they can be “bailed in”...
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These Jokers own world debt because they created it.  Now the Mega Bankers are buying up every drop of water................................So we stay thirsty slaves to the Bankers?  Well that's the idea.  This email address is being protected from spambots. You need JavaScript enabled to view it. The New “Water Barons”: Wall Street Mega-Banks are Buying up the World’s Water By Jo-Shing Yang Global Research, May 22, 2014 Url of this article: This article was first published on December 21, 2012 A disturbing trend in the water sector is accelerating worldwide. The new “water barons” — the Wall Street banks and elitist multibillionaires — are buying up water all over the world at unprecedented pace. Familiar mega-banks and investing powerhouses such as Goldman Sachs, JP Morgan Chase, Citigroup, UBS, Deutsche Bank, Credit Suisse, Macquarie Bank, Barclays Bank, the Blackstone Group, Allianz, and HSBC Bank, among others, are consolidating their control over water. Wealthy tycoons such as T. Boone Pickens, former President George H.W....
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Continue reading Big banks may need $41b more capital, UBS says PUBLISHED: 11 Sep 2014 10:30:55 | UPDATED: 12 Sep 2014 10:08:54 Christopher Joye   Karen Maley | Big banks at risk of ratings downgrade UBS’s top-ranked bank research team have almost doubled their estimates of the amount of capital Australia’s major banks may have to raise in response to David Murray’s financial system inquiry, from $23 billion to $41.1 billion. In a new report, UBS say that “given Australia’s unique situation as a small, commodity-based economy heavily reliant on foreign capital, with a very concentrated banking system, David Murray is likely to err on the side of caution. “We believe this means both higher mortgage risk weights and [capital] buffers despite the majors’ vehement objections.” Australia’s four major banks are pushing aggressively to avoid any increase in their core equity capital, which would immediately lower their leverage and world-beating returns on...
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