Born into a Big 5 investment banking family, I quit organized financial racketeering to go straight. MacDougal Irving is my Blogger Protection Identity, and I am a retired Certified Public Accountant and, like all of us, a badly misinformed investor. These are my observations on capital market cons as they were explained to me across the dinner table as a kid.
Prize
........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........
August 4, 2017
Sessions Looks at Soetoro's Extortion Racket
During the Barry Soetoro years, valued subscribers will recall, major financial institutions got strong-armed into making huge settlements with the Justice Department over the remarkable crime of complying with sub-prime loan procedures prescribed by Congressional commies, who had bought votes with free housing for those unable to get a mortgage loan through normal banking procedures. Announcement of each squeeze always flaunted the preposterous provision that some proceeds were being paid to one pinko organization or another.
Well, Attorney General Sessions seems to be looking into all that. Whether he will right those wrongs by refunding the extorted funds and tossing Soetoro and Holder in jail remains to be seen. At least we're being told of a start:
http://www.breitbart.com/big-government/2017/08/04/sessions-orders-doj-recount-slush-fund-payments-leftists/