A whistle blower was fired a long time ago, from the Office of Federal Housing Enterprise Oversight (OFHEO) in 2003. He was silenced in his warning of a mortgage finance crisis long before the crisis erupted. An article appeared in the March 14, 2003 issue of Executive Intelligence Review, entitled “Official Axed, Exposed Threat Of US Housing Bubble Crash” by Richard Freeman http://www.larouchepub.com/other/200... . This story has been totally buried! The OFHEO described Doomsday Scenario from five years ago makes Nouriel Roubini and other prescient economists look like they were late to the party. The offending OFHEO Director was axed on orders from JPMorgan. This article blows the cover for many politicians, executives from Fannie Mae & and Freddie Mac, and the banksters themselves, that they were unaware of a problem in housing. Freeman wrote, “On February 5 [2003], a mere 24 hours after the report’s issuance, the Bush Administration demanded that OFHEO Director Armando Falcon submit his resignation. Falcon, who had been appointed to this post in 1999 by President Bill Clinton, had overseen the report’s release. While the Bush Administration delivered the order for Falcon to resign, both the circumstances of the firing and subsequent events make it clear that the actual order for the firing originated from inside the boardroom of JPMorgan Chase, the world’s largest derivatives bank with $29 trillion in derivatives outstanding, and the boardrooms of other major institutions that are heavily invested in derivatives and housing market paper.” The banksters silenced the warnings in order to continue the game, which generated huge Wall Street profits from the massive sale of fraud-ridden mortgage bonds.