Sub Prime Loans !

                                                          Sub Prime loans , now anyone who has ever gone through the financial rigmarole of a mortgage over the last ten years will understand what a Sub Prime loan is . Sub Prime means that in any way possible to make your earnings for any one year agreeable to a lending institution , you prop those earnings up any way you can so you will qualify for said mortgage . It basically allows people heretofore apply for mortgages who because of their low income , previously were disallowed . Needless to say this is a very risky and illegal way of attaining a mortgage , and millions of couples have suffered financial ruin as a result .
                                                         The financial lending institutions , never to allow illegality get in their way , sanctioned hundreds of millions of these type of mortgages , knowing full well that firstly they were illegal , and secondly they the institutions had so much protection that they would never be prosecuted .
                                                        Then along comes Alayne Fleischmann who worked for J P Morgan Chase , who tries to in some way , in fact in any way possible warn them of possible difficulties in their handling of Sub Prime loans in 2006 . And of course we all know what happened the next year , we had the huge economic downturn that destroyed so many people . All previously warned about .
                                                       To make a long story short , she was branded a whistleblower just like Edward Snowden , and was sacked from her position with J P Morgan Chase .
                                                       In 2013 , she received a call from the U.S Attorney's office , and was happy knowing that maybe the bank would be brought to court and face some sort of prosecution for their illegal activities .So Fleischmann , expecting to have her day in court with her testimony , a 9 Billion dollar deal was done underneath the table to settle the matter . Fleischmann was basically used as a pawn by the justice department to extract hush money .The fraud that Fleischmann uncovered was wiped out with agreements reached . J P Morgan Chase  was released from civil liability and came out of it unscathed .
                                                      A true hero this woman , brave and honest , but the terrible thing is these financial institutions are doing this day in day out . The statute of limitations is running out , and once it has ran out JP Morgan Chase  gets away with all their crimes .

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