Faces Of Foreclosure

If this doesn’t inspire your creative spirits for a crime drama, I don’t know what will:

“The Cuomo report – prepared over nine months – argues that some banks paid out larger bonuses than their profits, while simultaneously taking exceptional state emergency funds.

Ten banks were given money as part of the government’s $700 billion financial stimulus plan.

In 2008 Goldman Sachs paid $4.8 billion in bonuses, representing more than twice its income. Similarly, Morgan Stanley awarded bonuses of $4.5 billion while earning just $1.7 billion.

All the while a painful global recession – partly caused by bankers’ excess – was depriving less fortunate citizens of their livelihoods. The government provided both firms with $10 billion as part of the its wider Troubled Asset Relief Program (Tarp). Goldman recently reported a better-than-expected net profit of $3.44 billion for the three months to June.

Citigroup and Merrill Lynch paid bonuses of $5.33 billion and $3.6 billion respectively while seeing losses of more than $27 million each, said the report.

Under the scripts category are sections for “Bones and Booth,” “Burn Notice,” “Criminal Minds,” “CSI,” “Law and Order,” “Leverage,” “Lie to Me,” “Numbers,” “Without a Trace.” I have a few other favorites that need to go on here, and you can add your own.

Join me on this. Bite back. These are TV shows. You can burn these Bonus Bankers, hang them, have drive-by shoot outs, lose them off beaches to sharks (will sharks eat sharks?), bury them anywhere, deplete their off-shore accounts (Leverage!!!!), have whole conventions of mortgage brokers strangely disappear in deserts. CSI’s team tracks them, “Without a Trace” can’t find them, but “Bones and Booth” do.
Feel free to include an appropriate assortment of politicians and real estate agents . . . Just have at ‘em. What goes around comes around. Very important that mortgage industry professionals end up in very very very long job lines for jobs that they cannot have as they are “over qualified,” and have “police records.”

Again, your potential base audience is 1.9 million people who have lost their homes due to foreclosure.

Perhaps there is an angry Wells Fargo employee or two who have been caught up in this mess. Wells Fargo/Wachovia’s new ad: “We’re with you when you need someone to stand by you.” Really! What about this from Wells Fargo’s website:

Welcome

A home is likely one of the biggest and most worthwhile investments you’ll ever make. And a Real Estate-Owned property, commonly called an REO or foreclosed property, may be a smart way for homebuyers who want to get into a home. Specializing in Foreclosures.

Since 1997, Premiere Asset Services (PAS), together with Wells Fargo Home Mortgage and our partner REALTORS®, has helped more than 30,000 homebuyers nationwide realize their dream of homeownership through the purchase of foreclosed properties.

From Listings to Mortgage Assistance: We offer a wide selection of foreclosures, representing several financial institutions that work with PAS to manage and market their REO properties. To make these properties available to homebuyers, we maintain free online listings. Whether you’re a first time homebuyer or a seasoned investor, we provide assistance with the buying process, from application to closing.

Leading the Way for Homebuyers and Agents: For over a decade, Premiere Asset Services has led the way in the sale of foreclosed properties. We have the satisfied homebuyers and agents to prove it.

NoteEmployees of Wells Fargo and their immediate family members are prohibited from purchasing properties sold by Premiere Asset Services

This entry was posted on Sunday, August 2nd, 2009 at 8:26 pm and is filed under film industry, proposed solutions, scripts. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.