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Put Options Scandal

Project Hammer: Did SaudiBank Inflate "Residential Appraisals" To Wash Billions In Illegal Proceeds? Operation Red Hammer!

By zorroz - Posted on January 1st, 2008
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Project (Red) Hammer.  Stop SubPrime Repos.  80% of SubPrime Loans funds made available for Residential Property loans above $250K..may have been generated from "illegal" drug & weapons activity. (Sale of Nukes To Muslim's?)  If derived from criminal activity, investment proceeds can be seized under Federal Law, homes must be forfeited or "Loan" must be forgiven, all obligations "voided" or "automatically void" as tainted fruit. Is this why so many are "walking away"?

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