GLOBAL SUB-PRIME CRISIS

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BFCSA
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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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http://www.abc.net.au/4corners/stories/s72783.htm Australian Broadcasting Corporation FOUR CORNERS Investigative journalism at its very best TV PROGRAM TRANSCRIPT LOCATION: abc.net.au > Four Corners > Archives URL: http://www.abc.net.au/4corners/stories/s72783.htm Broadcast: 10/03/97 Banks Behaving Badly This program reveals why the banking industry has lost our trust and how some banks bend the rules and break the law. We reveal a bonus system which rewards bank officials for forcing businesses to the wall. Bank malpractices are revealed and the devastating effect that these have on the lives and businesses that are affected by them. --------- Reporter: Andrew Fowler Producer: Ashley Smith Research: Meena David Bob Allen, Accountant: It's the biggest bit of bastardry I've ever seen in all my commercial life Andrew Fowler: After more than a decade of free-market deregulation Australia's banks are out of control...............   Diane Felkin, Former Advanced Bank Customer: One of the gentlemen actually said f you don't do it my way you're...
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