Ikepedia on SA Financial Regulators reminding me of American Financial Regulators and other Oscar winning Broadway Shows

Let’s rock baby; well, I am rocking, shaking, stirring and generally raising hell.

This is an email I received:

“Commence quoting”

A 34 year old journalist has single handedly exposed a deceitful scheme involving the major South African banks.

Peter Moyo from SABC3’s Special Assignment is a hero.

Maintaining journalistic integrity at all times, Peter and his camera man Casher, flew around the country to examine every side of the story. The result:

THE NATIONAL CREIT EGULATOR: HUMILIATED
THE SOUTH AFRICAN SECURITISATION FORUM:
HUMILIATED
THE SOUTH AFRICAN RESERVE BANK: HUMILIATED
THE BANKS AND THEIR LAWYERS: EXPOSED!

A secret and devious scheme, called securitisation, is being run by the banks and their lawyers. They have illegally repossessed homes, cars and stolen our livelihoods. This kind of underhanded activity has placed this country in a serious economic crisis.

The combined intellect and resources of the South African legal system, and those government institutions specifically set up to monitor this kind of thing, achieved absolutely nothing. In fact, the banks and the Judiciary are actively trying to punish NewERA for bringing this evidence to their attention. [See here.]

Yet, in just one month, a lone journalist has researched, understood and exposed the cover-up.

The implications are wild. If the banks are not disclosing this scheme in their financial statements, then this may be so serious that it could involve criminal action against their directors. This is just the tip of the iceberg.

Peter Moyo, you are a testimony to South Africa. You are the kind of investigative journalist that freedom fighters twice your age fought so hard to cultivate. On behalf of the New Economic Rights Alliance, we congratulate and solute you.

Watch part 1 of Special Assignment here: http://www.youtube.com/watch?v=SbCxTy3cnvw

A Complaint Rampage

We, the people, are supporting Peter by going on a complaint rampage. Complain to the NCR here. Demand a Commission of Enquiry from the minister here. Complain to the JSE here and expose the scheme to the FSB here. Demand transparency from your bank here and, finally, complain to the banking ombudsman here. Make your voice heard. The truth is out. Send this letter to the world.

…and, while you are about it, send a message to SABC3 here congratulating them and Peter for producing this story.

THE NEW ECONOMIC RIGHTS ALLIANCE
PS. For further research, see http://www.newera.org.za

“End of quote”

Care to join us? I gotta find that link and you will laugh; boy, yeah ain’t evvah gonna stop laughing.

IkeJ