Hi Michael: [name] from [name] Media again. I am doing an article on the Wells Fargo fiasco. What I can’t seem to grasp here is that these loans that the government eventually covered were not supposed to be covered by them, but the FHA. Why did they wind up covering the loans if they were not responsible for them? Let me know if you can answer that one for me.
The entire financial system is rigged by insiders for their personal gain. The names, places and events might change, but it all starts with Fed rate manipulation to favor the mega banks. Everything else is a sideshow.
The key: How can you best trade that sideshow for profit?
My podcast gives a big hint.