fix articles 147362, hamilton securities Los Angeles Indymedia : tag : hamilton securities

hamilton securities

Fraud in America (tags)

foreclosuregate one of many examples

Stanley Sporkin: BP's Ombudsman Fixer (tags)

corruption in high places

How the CIA Steals Money From Taxpayers (tags)

In 1989 Catherine Austin Fitts became Assistant Secretary for Housing in Department of Housing and Urban Development (HUD). She began to notice money was not properly tracked as it moved between different HUD departments and there was a lack of proper accounting mechanisms to deal with discrepancies in revenue indicated fraud at an alarming level. [28] She attempted to put in place some credible financial tracking mechanisms to identify where the money was going and to identify the responsible individuals and HUD departments, but after 18 months on the job she was suddenly fired by the Bush administration. Fitts was told the day after she left that her financial reforms through ‘place-based financial accounting and statements’ would also be terminated.

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