Corporations created by publicly held corporations must be declared publicly held

[thunder rising]

And file all the required SEC filings.

The LLC in question is Mortgage Electronic Registry Systems, MERS. MERS, is a front corporation that is used to hide and confuse the issue of mortgage ownership. Trying to find the MERS "cells" is an exercise in futility.

Specifically, who has agency?

http://ssgoldstar.websitetoolbox.com/post?id=2926145

MERS makes employees of servicers officers of MERS so they can sign documents if and when they are challenged. It's a complicated scam.

http://cc.bingj.com/cache.aspx?q=mortgage+electronic+registration+systems+ocwen+florida&d=4895549805628215&mkt=en-US&setlang=en-US&w=52bf0f8c,269caeb1
Scott Anderson -- Officer of Every Corp and man of many signatures.

In fact Scott Anderson showed up on so many documents for so many corporations the courts demanded to see his resume.

http://www.courts.state.ny.us/courts/ad2/calendar/webcal/decisions/2009/D23587.pdf

ORDERED that the order is modified, on the law, by deleting the provisions thereof
conditioning the grant of leave to renew upon presentation by the plaintiff of an affidavit of Scott
Anderson describing his employment history for the past three years, and of an affidavit from an
officer of the plaintiff explaining why it purchased a nonperforming loan from Delta Funding
Corporation, and why it shares office space at Suite 100, 1661 Worthington Road, West Palm Beach,
Florida, with Ocwen Federal Bank FSB, Mortgage Electronic Registration Systems, Inc., Deutsche
Bank, and Goldman Sachs; as so modified, the order is affirmed, without costs or disbursements.

MERS managed to bilk the local recorders out of millions and millions of dollars (funds used for schools, police, firemen) and it turns out that they are not much cheaper than legal filing.

What say you DU? I'm thinking that when publicly held corporations create Frankenstein corporations to hide the dirty little secrets the Frankensteins must publicly held and file all that paperwork.

[Gman]

1. You ought to go post this over at KOS or FDL

where it would be seen by a much wider audience.

[thunder rising]

4. This is cross posted at FDL. Note: read the last quote and you'll get the sarcasm of the court.

[msongs]

2. corporations laws need to be entirely rewritten to remove personhood and up transparency...

corporations are primarily vehicles to dodge taxes and financial accountability and ownership of subsidiaries.

Msongs

[Joe Chi Minh]

3. What you said.