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EPISODE · May 31, 2018 · 30 MIN

Fake Aggregation and False Assignments

from THE NEIL GARFIELD SHOW · host Steven Gomez

The banks have elevated pro forma spreadsheets into the illusion of actual deals. The reason nobody has ever come up with a money trail showing that the aggregation took place and was sold to a trust is that no such money trail exists. The truth is that no actual aggregation took place and there was no sale to the trust. In fact probing the trusts, there is never a time that the trust is actually created by entrusting money or property to the named Trustee. Without that there is no Trust because nothing is held "in trust." The money from investors is never held by the Trustee. The loan debt is never owned by the Trustee or the Trust. There is no sale. And that is because the Broker Dealers funded the loans in the first place using the money of investors. Charles Marshall, California attorney joins the show tonight as co-host

Episode metadata supplied by the publisher feed · Published May 31, 2018

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Fake Aggregation and False Assignments

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