Mortgage Lending Group

The World Bank is the single biggest source of finance for international development, and its policies have a critical impact on the future of more than 110 borrowing countries. In this dramatic and lively new critique, Bruce Rich, internationally known expert on the environment and the World Bank, analyzes how the Bank has become a seemingly unstoppable and often destructive environmental and political force. The author chronicles the life-and-death impact of Bank-funded projects around the world: huge dams that have forced the resettlement of millions of the poorest people on earth, road building and jungle colonization schemes in Brazil, Indonesia, and Africa that have left vast deforestation and social conflict in their wake, and much more. Rich also recounts the bold grassroots campaigns of nongovernmental groups seeking alternatives to Bank-style development. Confidential internal Bank documents expose chronic misrepresentations by Bank management to its donor nations and to the public. Rich reveals how senior officials continue to push money into projects with disastrous ecological and human rights consequences, despite early and persistent protests of Bank staff. He shows how repeatedly and without political accountability the Bank has increased its support for regimes that torture and murder their subjects, from Ceaucescu's Romania to Suharto's Indonesia. Mortgaging the Earth explains the so-called pressure to lend that emerges as a leitmotif in the Bank's fifty-year history and shows how this institutional dynamic has taken on a damaging life of its own. Rich traces the history of the Bank, from its inception at Bretton Woods, where it was conceived as a way to funnelreconstruction loans for war-torn Europe, through the surreally top-down tenure of Robert McNamara to the Rio de Janeiro Earth Summit. At Rio, governments poured billions of dollars more into the Bank to save our global environment - while the Bank financed new ecological disasters.

World Lending Group - The World Lending Group (Global Equity Lending) (WLG) is a residential mortgage broker. World Lending Group goes by several different and similar-sounding names, such as Global Equity Lending, National Lending Corporation, and World Leadership Group.

Global One Lending - Global One Lending is a Sacramento-based residential mortgage broker, licensed in the state of California, founded by Vietnamese-American entrepreneurs Robert Do and Quinn Dang in April, 2003.

Primary group/Secondary group - A Primary group is a typically small social group whose members share close, personal, enduring Primary relationships. These groups are marked by member's concern for one another, shared activities and culture, and long periods of time spent together.

Adjustable rate mortgage - An adjustable rate mortgage or variable rate mortgage is a loan secured on a property (house) whose interest rate and so monthly repayment vary over time. Other forms of mortgage loan include interest only mortgage, fixed rate mortgage, Negative amortization mortgage, discounted rate mortgage and balloon payment mortgage.

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