Wednesday, Mar 11, 2009

Stating the obvious!!

Daily Telegraph: Failed banks toxic debt 'generated by massive mortgage frauds'

Liar loans, fraudulent BTL loans, corrupt VI's, this has caused the current economic situation. £40 million gang uncovered. How many more people are involved in order to bankrupt the UK banks? The Serious Fraud Office are going to be busy for the foreseeable future

Posted by khime @ 08:34 AM (311 views) Add Comment

1 Comment

1. Potnoddle said...

Clearly, this can be the case; as £40 million can't equal £400 billion... and the Total fraudulent loans will never get this high.

Wednesday, March 11, 2009 11:30AM Report Comment
 

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