Copyright 2010 j.
mcguire P O Box 1352, Bedford, Texas 76095‐1352 Page 1
Arrogance
Mortgage Fraud
“May They Never Meet” Must be a Motto of the Financial Institutions.
“They – The Primary Market & Secondary Market”
In...
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Copyright 2010 j.
mcguire P O Box 1352, Bedford, Texas 76095‐1352 Page 1
Arrogance
Mortgage Fraud
“May They Never Meet” Must be a Motto of the Financial Institutions.
“They – The Primary Market & Secondary Market”
In the wee early hours of the morning the author was directed to an investor’s lawsuit against
Countrywide Financial.
1 It is quoted in the article, “District judge Richard Berman in a written decision
Thursday granted a motion by Countrywide Financial to dismiss claims by a hedge fund that it
misrepresented the risk of certain mortgage portfolios.
”; "[SRM] has failed to allege that the Defendants
made a material misstatement or omission … [and] failed to plead facts showing a primary violation of
the securities laws by the allegedly controlled persons," Berman wrote.
”.
Not only do most primary market attorneys “Not Get It”, but it also appears that the secondary market
attorneys are trying to recover the losses fo
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