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Catherine Austin Fitts
Publisher of The Solari Report
The Solari Report's mission is to help you build wealth in ways that build real wealth in the wider economy. We believe that personal and family wealth is a critical ingredient of both individual freedom and community health and wealth.
Catherine Austin Fitts - Latest News [Page 8]
The US Housing Bill 2008: Contents
Thursday, 21 August 2008, 5:46 pm | Catherine Austin Fitts
If there is to be any blessing in this housing bill, perhaps it will be to so offend, so disgust those of us who are awake that the process of withdrawing from the old and reinvesting in the new models will accelerate. And maybe the smartest and most ... More >>
The US Housing Bill 2008: Parts I - IV
Thursday, 21 August 2008, 5:40 pm | Catherine Austin Fitts
This afternoon, I read hundreds of pages of bill language. Essentially, my take on the bill is that Fannie Mae and Freddie Mac have issued more debt than can be paid back, so the "solution" is to have the United States government essentially assume ... More >>
Mapping The Real Deal: A Letter to My Stockbroker
Tuesday, 1 July 2008, 6:27 pm | Catherine Austin Fitts
...when a country is more focused on military solutions and the support of companies who mostly traffic in destruction rather than construction, then in the long run... it will eventually be more than compensated with a decline in value. More >>
Real Deal: Where is the Money? Let’s Get it Back!
Wednesday, 6 February 2008, 12:08 am | Catherine Austin Fitts
Media revelations are unfolding daily regarding losses in the U.S. mortgage market. These losses are not a new phenomenon. Rather, they represent the latest phase in an ongoing tradition of institutionalized fraud in the U.S. mortgage system and the ... More >>
P.S. Financial Fraud vs. Financial Coup d’etat
Tuesday, 11 December 2007, 2:28 pm | Catherine Austin Fitts
There is a fundamental difference between financial fraud and warfare implemented by financial means – a financial coup d’etat, if you will. For citizens and investors trying to navigate current events and markets, it is well worth pausing to gain perspective ... More >>
Dillon Read (19): Through the Via Dolorosa
Tuesday, 13 November 2007, 7:39 pm | Catherine Austin Fitts
The Via Dolorosa is the street in the Old City of Jerusalem which Jesus is said to have walked on the way to his crucifixion. It means “the way of grief.” More >>
Dillon Read (18): Liquidation of Every Place
Tuesday, 13 November 2007, 7:36 pm | Catherine Austin Fitts
In December of 1998, during the period when Dillon Read cashed out of Cornell Corrections and $59 billion went missing from HUD, Time Magazine published an article, “Just Hide Me the Money” by S.C. Gwynne with reporting by Adam Zagorin about the October ... More >>
Dillon Read (17): Financial Coup d’Etat – 1998
Friday, 12 October 2007, 9:38 am | Catherine Austin Fitts
The Hamilton Securities Group had a subsidiary charged with taking our data as it developed on individual transactions and portfolio strategy assignments and using it to develop a new approach to investment. We sought to help investors understand ... More >>
Dillon Read (16): Cashing Out On Cornell
Thursday, 11 October 2007, 5:27 pm | Catherine Austin Fitts
When Cornell Corrections listed its shareholders with investments of greater than 5% in its proxy statement filed with the SEC in March 1998, Dillon Read was no longer listed. Making the assumption that Dillon Read and its various funds and officers ... More >>
Dillon Read (15): Enforcement Terrorism — 1997
Thursday, 4 October 2007, 11:15 am | Catherine Austin Fitts
By the time Bill Clinton and Al Gore were sworn in for their second term in January 1997, the first wave of investigation and smear campaign had failed to do anything other than affirm that The Hamilton Securities Group was doing a great job for the ... More >>
Dillon Read (14): "You are Going to Prison" - 1996
Wednesday, 3 October 2007, 11:32 am | Catherine Austin Fitts
Though a fictional movie, Enemy of the State with Will Smith and Gene Hackman shows how targeting a person works in Washington, D.C. Will Smith plays a Washington lawyer who is targeted in a phony frame-and-smear campaign by U.S. intelligence agency personnel ... More >>
Dillon Read (13): Protecting Brand & Dirty Tricks
Tuesday, 25 September 2007, 9:38 am | Catherine Austin Fitts
The process and technology of compromising and controlling honest business and government leaders and journalists — or destroying them when they can not be controlled — are closely guarded secrets known mostly to those who inhabit the covert world or, ... More >>
Dillon Read (12): Hamilton Securities Group
Thursday, 20 September 2007, 3:18 pm | Catherine Austin Fitts
I left the Bush Administration in 1990, persuaded that digital technology and the Internet could be used by entrepreneurs to create new wealth in an investment model that created alignment between global investors and the land, environment and people. ... More >>
Dillon Read (11): Clinton for For-Profit Prisons
Wednesday, 19 September 2007, 11:01 am | Catherine Austin Fitts
Much has been written about the use of the War on Drugs to intentionally disenfranchise poor people and engineer the centralization of political and economic power in the U.S. and globally, including an explosive rise in the U.S. prison population. The ... More >>
Dillon Read (10): Cornell Corrections
Tuesday, 18 September 2007, 2:08 pm | Catherine Austin Fitts
Based on company SEC filings, Houston-based Cornell Corrections started off with correctional facilities in Massachusetts and Rhode Island in 1991 and then in 1994 acquired Eclectic Communications, the operator of 11 pre-release facilities in California ... More >>
Dillon Read (9): Dillon’s Investment in Cornell
Monday, 17 September 2007, 10:30 am | Catherine Austin Fitts
On February 21, 1991, after I had left the Bush Administration and remained in Washington D.C. to invest in my own start up, Hamilton Securities, Dillon Read’s Venture group invested in Cornell Corrections — essentially bankrolling the creation of quite ... More >>
Dillon Read (8): "HUD is a Sewer"
Friday, 14 September 2007, 11:23 am | Catherine Austin Fitts
As Assistant Secretary for Housing-Federal Housing Commissioner, I was responsible for the operations of the Federal Housing Administration (FHA), which was the largest mortgage insurance fund in the world. More >>
Dillon Read (7): A Parting of the Ways
Wednesday, 12 September 2007, 2:54 pm | Catherine Austin Fitts
There was an invisible spirit that crept through our lives on Wall Street in the 1980s. LBO’s were a part of it. I could never quite put my finger on what was wrong. It was as if there was too much dirty money and, as it grew more and more powerful ... More >>
Dillon Read (6): Leveraged Buyouts
Tuesday, 11 September 2007, 10:30 pm | Catherine Austin Fitts
Leveraged buyouts were a phenomenon that got going in the 1980s. A leveraged buyout (LBO) is a transaction in which a financial sponsor buys a company primarily with debt — effectively buying the target company with the target's own cash and financial ... More >>
Dillon Read (5): Narco Dollars & Mena, Arkansas
Tuesday, 4 September 2007, 12:24 am | Catherine Austin Fitts
During the 1980s, a sometime government agent named Barry Seal led a smuggling operation that delivered a significant amount of narcotics estimated to be as much as $5 billion from Latin America through an airport in Mena, Arkansas. [16] According to investigative ... More >>
