Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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China's CITIC May Ride To Rescue Of Bear Stearns
Shu-Ching Jean Chen, 08.09.07
This could potentially take plausible deniability and evasion of burden of proof such as producing original mortgage note to new heights. 
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Merrill Lynch Fund Move A Bear Necessity?

08-03-2007 | Source: Hedge Fund Daily

Some media are reporting that Merrill Lynch had a role in Bear Stearns’ hedge fund and related troubles. According to papers filed in connection with the bankruptcy of the two fallen funds, ML hastened their demise in June by issuing a bid list to some clients and then proceeded to shed some of their investment in the Bear Stearns High-Grade Structured Credit Strategies Enhanced Leverage Fund. “This resulted in further downward pressure on the relevant asset classes and a revaluation” of the fund’s assets, the filing stated. Merrill Lynch it alleged started the ball rolling out of control as other counterparties have seized their assets and sold them. Because in some cases investors lost money on those sales, Reuters reports, they’ll be able to sue BS for the shortfall. But that would be just another indignation for the investment bank. Not only have two funds gone under, while investors are dragging BS to arbitration for allegedly misleading them about the funds in the first place—but now Standard & Poor’s has downgraded its outlook for the company from stable to negative. As one observer put it, waxing biblical, “this is Bear Stearns’ Job moment.”

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I wonder if BIG TONY ETTINGER has anything to due with that? mmmmmmm!  He has a home mortgage of 300,000 with ML, and some other interesting ties! by the way, I hear they still are looking for Big Tony! he has not been served yet. Its another connect the dots with ML, and CBASS, along with Tony Ettinger.  The fat lady is warming up!

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