The Next Scam of the Century “The Fix is In” Credit Card Co & 2005 Bankruptcy Laws
The Next Scam of the Century, American Express, Discover, JCB, MasterCard, Visa,
Bankruptcy Laws
On October 11, 2006, Visa announced that some of its businesses would be merged and become a publicly traded company, Visa Inc.<6><7><8> Under the IPO restructuring, Visa Canada, Visa International, and Visa U.S.A. were merged into the new public company. Visa's Western Europe operation became a separate company, owned by its member banks who will also have a minority stake in Visa Inc.<9> In total, more than 35 investment banks participated in the deal in several capacities, most notably as underwriters. The law firm Davis Polk & Wardwell served as counsel to the underwriters, while the law firm White & Case LLP served as counsel to Visa Inc. in the global restructuring process.
http://en.wikipedia.org/wiki/Visa_Inc.This country is in such a mess, directly linked with the last 8 years, ether by changing laws or just by ignoring them. From torture to unprovoked wars to everything finance.
American Express, Discover, JCB, MasterCard, Visa, are multinational co. ready to do what the oil companies did so well, steal the country blind, hurting the middle and lower classes the most with no mercy.
AL-QADI HANI of Jordan Visa V.
18-Mar-09 208 V Disposition (Non Open Market) at $56.31 per share.
(Value of $11,712) 25-Mar-08 100,000 V Purchase at $44 per share.
(Cost of $4,400,000)
http://finance.yahoo.com/echarts?s=V#symbol=V;range=2yWhen the game is rigged you have a better chance of reaping profits by changing the rules in the last 8 years, its called the fix is in, Monopolies have been part of the game that ignored the laws of old, like the new 5 big oil companies to allow gas price fixing, hence billions in profits for those connected. Telecommunications like the new AT&T and the 5 major credit card co., that are ready to pull off the next scam of the century.
New Bankruptcy Law
On October 17, 2005, the new bankruptcy law change that the Congress of the United States of America had previously passed went into effect. This law protects giant credit card companies and multinational credit banks from themselves and their own excesses and bad faith lending practices.
At The Law Office of Mark A. Reed, Esq., we believe that the new bankruptcy laws need to be amended to take into account the fact that large creditors have created many of their own problems, and now want to be protected from their own lack of responsibility.
http://www.markreedlaw.com/PracticeAreas/New-Bankruptcy-Law.aspThis is what Wall Street loves when the “Fix Is In” Change the laws, like the bankruptcy laws so when card holders are stuck with a dismal economy, that the banks helped to make, then charge outrages interest on Credit Cards to make billions more.
The one way to fix all this and stick a hot poker in there eye is change the bankruptcy laws back. Bailout the people they screwed with policies like giving loans to anyone that can make a X.
The Bankruptcy Bill, Examined
The details of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 reveal it to be a bill crafted as a Republican paean to MBNA, the largest single contributor to the Republican party. Far from being either an effort to stem "Bankruptcy Abuse" or an effort at "Consumer Protection", the bill is in fact an attempt to rewrite bankruptcy laws to reduce the ability of those laws to protect consumers from predatory lending practices on the part of MBNA members, and to stiffen the capabilities of those corporations to collect from consumers already suffering from extreme financial hardships.
http://www.dailykos.com/story/2005/3/6/63144/06015After years of corruption, Pay Offs, to change laws, the country is feeling the hurt, we need a bail out, demand Bankruptcy Laws put back that came into effect by the Worst Administration in History of the USA.
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