You heard it on the Keiser Report first! Teri Buhl warned there would be more than a dozen new whistleblowers coming forward to explain how Bear Stearn’s and their mortgage trades raped their own clients and knowingly sold them mortgage securities full of garbage. But now we learn in a new lawsuit against Bear and it’s new overlord J.P.Morgan how far they went to cover it up when the clients asked for their damn money back. J.P. Morgan could have to pay out billions for the sins of Bear Stearns. Ha ha ha ha, I know, I know . . . if there were justice. But at least in a theoretical world they could have to pay for their crimes. But the Bear mortgage traders might want to start hiring criminal defense lawyers, cuz the morgue ain’t got their backs . . .

Teri Buhl: Lawsuit shows more Fraud and Coverup from Bear’s Mortgage Team