Thursday, September 9, 2010

Public Scarce At Financial Crisis Hearing - Las Vegas News Story - KVVU Las Vegas

Public Scarce At Financial Crisis Hearing - Las Vegas News Story - KVVU Las Vegas: "LAS VEGAS -- A financial crisis commission tasked with compiling a report to present to President Barack Obama in December stopped in Las Vegas Wednesday to learn more about the financial crisis in the valley.

While the hearing was open to the public, only one man -- in a city where foreclosures and unemployment have skyrocketed -- spoke up about what he lost in what many have dubbed the Great Recession.
He told them when his Fannie Mae stock plummeted, he lost a 'tremendous' amount of money.

'We weren't expecting the public who attended this hearing to be the principal source of our information,' said Byron Georgiou, a Las Vegas-based attorney who is one of the commissioners. 'We invited experts who could testify about the impacts on Nevada.'"

NOTE: COME ON PEOPLE NEVADA IS LEADER in foreclosures and bank fraud. With a huge amount of foreclosures estimated to have been done wrongly this is incredible to me disinterest in financials of the local economies.
What better expert is there than the person on the street affected by the decisions of banks, government and courts!

Full article is available by clicking on the title link above.

No comments:

NEWS HEADLINES

Followers