
***Over 400 Investment bankers arrested; www.youtube.com Following the third major “sweep” of the mortgage industry in four years, the US Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) announced on Thursday that it had arrested over 400 real estate industry players since March, dozens of them over the last two days, for incidences of mortgage fraud that have contributed to the housing crisis. Announcement of the arrests came at a Thursday afternoon Justice Department press conference conducted by Deputy Attorney General Mark R. Filip and FBI Director Robert Mueller. Filip said the arrests took place in Chicago, Atlanta, Miami, and suburban Maryland among other locations and those arrested included industry borrowers, loan originators, and real estate agents. 60 people were arrested on Wednesday alone with the round-up continuing. The sweep, code named Operation Malicious Mortgage, was the third major action that the Department of Justice has headed up since 2004 against mortgage fraud and related crimes. The most recent activity has resulted in 144 mortgage fraud cases in which 406 defendants have been charged since March 1. Cases were brought in every region of the country and in more than 50 judicial districts. The FBI estimates that approximately billion in losses resulted from the mortgage fraud schemes employed in these cases. In general, mortgage fraud involves three distinct types of fraud; lending fraud, foreclosure rescue scams and …
Video Rating: 4 / 5

@tampicokeed You are doing just like all naysayers YOU ARE AVOIDING THE POINT THAT IT IS WORKING!
Sping will not work.
@901Jetta Are u capable of understanding anything i say in my comments??? You keep repeatng things that were adressed in my previous comments–nothing sinks in. Ive said enough to u about these subjects. Cruise around utube and record all my comments– they would make a good textbook for u to study. There is no glory in trying to best ignorant people……..
Adios and Feliz Navidad!
@tampicokeed No the proof is that you can see the car runing in this video so that means that it works, But ya it has ben 10 years so maybe thay got lazy.
Do not think that I’m not educated, It is you that is not cuz you cant even anser me on the hho we where talking about.
@901Jetta If u r going 2 pretend 2 b interestd in a subject u need 2 educate yurself in th basics of that subject. Obviously u r not interestd.
The “proof” would b when they produce a car 4 sale 2 th public. Its ben over 10 years–they havent, they never will.
Another proof would b to announce an open, honest, verifiable test, and demonstrate any usable miles per filling of air.(perhaps even only 30 miles) They havent, the wont.
U sir are one gullible person.
@tampicokeed The proof in this video is in this video YOU SEE IT WORKING!
@tampicokeed The proof in this video is in this video YOU SEE IT WORKING!
@901Jetta The MDI Co: 2002 said they would hav car in prod in 2004–never happened to date. 2007 said car would get 84mi/filling city, 50 hiway. As of today, this has never been demonstated. Th ONLY publishd test of ANY air car was a 4.3mi test. As of 2009, Tata Motors (india) plannd to launch a car w/MDI engn. As of today Tata has deletd ALL referenc to MDI fr its website(even their archivs) 901Jetta, it is easy to see “pie in the sky” when u have no experienc making pies–or flying them!
@901Jetta Really?? All you see in vid is an air car driving around a town. Old news–happened in 1903 in london (Liquid Air Co. manufactured a # of air cars). Problems were lack of torq and huge costs of compressing air–very ineffic energy system. Air engs hav ben used in industry since mid 1800s. MDIs great “innovation” was their “active chamber” which heats the air(using fuel!!) doublng energy output. Sorry, this “innov” was 1st used in air powerd torpedoes in 1904!!! LOL.
@tampicokeed NO you need to educate yourself! You make a idiotic comment on one video to me than not show your proof, Than go all over youtube making dumbass comments like you know how all things work with NO PROOF!
The proof in this video is in the video YOU SEE IT WORKING.
@901Jetta Oh…., look at the last 15 seconds of this video again carefully. I hope u dont think that crap like that is remotely possible. Like i said the thing about the cat is a more realistic energy device than whats proposed in the last 15 seconds. Air powered engines have been experimented on for 100s of years. of course they work–very inefficiently. And—nobody yet has demonstrated an air-powered car that gets remotely enough miles per filling to make it feasible. Educate yourself.
@tampicokeed You are completely IDIOTIC!!
All you do is make DUMBASS camments with out PROOF!!
Completely idiotic, childish videoon many levels. But a car that runs on farts, think of the poss………………
@CAPlaneSpotting Some reality here. There hasnt been any aircar yet tested that went over 4 miles.