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!
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