 |
The Scions Of The Feldman Dynasty
Heim Feldman, and his brother Isador, came from Russian and settled
in Brooklyn in 1922.
|
| |
|
The Great Depression
Before 1929 the Feldmans were Zionist con-artists, but their luck
changed with the Great Depression. After 1929 devastated America, they
bought everything in sight for pennies.
|
 |
| |
|
 |
They Were To Become Real Estate Moguls
In 1933 you bought foreclosures directly from the banks, and guess
who controlled the banks.
|
| |
|
They Had 'Arrived'
No longer back-alley pickpockets from Krakow, the Feldmans were now
a staple at the Long Island Country Club.
|
 |
| |
|
|
 |
It's Harvard For The Feldman's
The clan spent their war years sitting it out in
Harvard.
|
| |
|
It's 2008 And Things Are Going South
Will the Feldman real estate empire crumble?
|
 |
| |
|
|
 |
Maxie Feldman Gets A Break
It was 2003 and Maxie decided to re-finance, and thin out his
properties.
|
| |
|
The Arrival Of REITs
Sammie Shorenstein decided it was time to share the real estate
game with American retirees. Sammie repackaged up countless malls
mortgages, and sold them to the 401-K plans. Now you could own real
estate through shares in the stock market.
|
 |
| |
|
 |
It Off To See The Bankers
The con just doesn't stop with the Real Estate Trusts. No, there
are plenty of Zionist owned banks ready to help a 'Pal'. It seems that
a Jacob Gutterman was interested in some of Max's buildings. It was
2006, and money was tight, but Gutterman was able to attain financing
at the First National.
|
| |
|
Opps! The Banks Start To Fail
Surprise, surprise, the First National suddenly has a $900 million
of bad loans and Ben Bernake of the Federal Reserve sees it's time for
a bailout.
|
 |
| |
|
|
 |
The First National Bank Stock
Sadly the First national collapsed, taking with it another $2
billion in stock losses. The main stockholders, the Harriman family,
had sold most of their holdings, and adamantly denied they shorted the
stock before the collapse.
|
| |
|
So Who Were The Winners And Losers
Lets see who won and who lost. The Feldman's got $220
million, the Shorensteins got $18 million for their REIT stock, Jacob
Guttermen got a $4 million straw buyer fee. and lets not forget
Benjamin Fine, the friendly loan officer who gets to put $2 million in
his Cayman account.
And the losers are the average American's pension
plan, the 401-Ks, the state employee funds, and naturally the American
taxpayer.
|
 |
| |
|
|