Dr Z

Joseph Zernik, PhD

PO Box 526, La Verne, CA 91750;
Fax: 323.488.9697; Email: jz12345@earthlink.net
Blog: http://inproperinla.blogspot.com/ Scribd: http://www.scribd.com/Free_the_Rampart_FIPs

10-03-09 Addendum to Complaint against Kenneth Kaiser and Kenneth Melson Alleging Fraud on
Complainant Joseph Zernik, on the US Congress, and the People of the US in their
Refusal to Enforce the Law in re: Criminal Conduct by Senior Management of Countrywide
and Bank of America Corporation.

To Inspector US DOJ General Glenn A Fine;

By fax 202 514 4001; 202 616 9881 and by email: inspector.general@usdoj.gov;
Copied to the Honorable Dianne Feinstein, Senator;
By fax. (415) 393-0710

Dear Inspector General Fine:

Please accept the text below, copied from blog “The Legend of Pine Ridge”, as additional evidence
of alleged fraud by Mr Kenneth Kaiser on the US Congress and the People of the United States
relative to refusal to enforce the law in view of credible evidence of criminal conduct by senior
management at Countrywide and Bank of America Corporation, and misrepresentation of the crisis
as resulting from errors in judgment at the banking industry, which were not criminal in nature.

Credible evidence of criminality relative to underwriting practices at Countrywide was presented to

FBI by Complainant Joseph Zernik as early as January 2007. Additional evidence of criminality in
retaliation of Countrywide, and later Bank of America against Complainant Joseph Zernik was
presented to FBI starting mid 2007 and to this date.

FBI consistently refused to enforce the law and provide Complainant Joseph Zernik with Equal
Protection under the law, abandoning him to be abused by Countrywide and Bank of America
Corporation.

I look forward to receiving from your office regarding the outcome of your investigation of the
complaint.
Respectfully,
Dated: March 9, 2010
La Verne, County of Los Angeles, California Joseph H Zernik, PhD

By: ______________
JOSEPH H ZERNIK
Phone: 323.515.4583
PO Box 526, La Verne, CA 91750
Email <jz12345@earthlink.net>
Blog: http://inproperinla.blogspot.com/
Scribd: http://www.scribd.com/Free_the_Rampart_FIPs

Page 2/3 March 9, 2010

The text below was copied from blog: THE LEGEND OF PINE RIDGE
http://legendofpineridge.blogspot.com/2008/09/fbi-official-kenneth-kaiser-comments-on.html

THURSDAY, SEPTEMBER 25, 2008

FBI Official Kenneth Kaiser Comments on the Mortgage Crisis

"[T]he FBI is a law enforcement and intelligence agency, we are not banking regulators...In the end,
most economists have attributed the crisis to very aggressive lending practices and too little risk
management throughout the financial services industry."

Kenneth Kaiser, Assistant Director of the FBI's Criminal Investigative Division

Like everyone else, our media pundits don't really understand the mortgage crisis very well.

On 8-29-08, FBI official Kenneth Kaiser (pictured above) commented on an article published in the Los
Angeles Times (8-25-08) that he felt mischaracterized the causes of the current mortgage crisis.
Mr. Kaiser, the Assistant Director of the FBI's Criminal Investigative Division, explained:

Your 8/25 story on the mortgage crisis ("FBI saw threat of mortgage crisis," L.A. Times, August 25,
2008) implied that if the FBI had made more arrests for mortgage fraud, the crisis could have been
averted. To even suggest that is a cry for a lesson in both civics and basic economics.

The story's premise was built around a 2004 quote from an FBI official who said he was confident
the FBI could prevent fraud from becoming a massive problem. In context, Assistant Director
Chris Swecker meant he believed the FBI could stay focused on mortgage fraud to prevent fraud
from becoming the major driver that would cause a collapse of credit in the housing market. We
believe by a good measure, the Bureau did that.

The FBI's Criminal Division has arrested 1000 suspects and targeted 180 criminal enterprises
since 2004. We targeted those lenders and buyers involved in multiple frauds or cases where the
profits went to drug crews, gangs or organized crime. More investigations are ongoing. But the
FBI is a law enforcement and intelligence agency, we are not banking regulators.

In the end, most economists have attributed the crisis to very aggressive lending practices and too
little risk management throughout the financial services industry. As far as mortgage fraud was
concerned, the FBI had the right intelligence and provided the right warnings to the industry, but
fraud alone does not appear to be the straw that broke the mortgage camel's back.

Page 3/3 March 9, 2010

In the boom and bust of the mortgage business, to suggest that making more arrests would have
averted the mortgage crisis is to confuse the root cause with the side-effects. It is not a fair or
realistic assessment.

Kenneth Kaiser

Assistant Director Criminal Investigative Division Federal Bureau of Investigation

(As posted on the Los Angeles Times website, August 29, 2008)

[See also the FBI Mortgage Fraud homepage]

POSTED BY SNAPPLE AT 9:07 AM