Banks Beef About Fraudclosure Settlement As Stocks Rise on the News « naked capitalism

Even though the banks are complaining like spoiled brats the government and the AG's have failed the people once again.  Most of the items in the new settlement proposal is merely clarification of what the servicers were supposed to do on there own.  I suppose we couldn't expect them to follow the law since there is no one or no entity willing to stand up to the banks and their underhanded and criminal tactics.

The administration is working hard to push the Ag's toward and easy and quick settlement that will releease the banks from any further penalties for the fraudclosure scandal.  It is really weak. 

THE BANKS HAVE HOSED THE CONGRESS AND THE AMERICAN PEOPLE FOR THE PAST T YEARS AND THEY ARE NOW GETTING ANOTHER BAILOUT THANKS TO THE OBAMA WHITE HOUSE AND THEIR NEVER ENDING NEED TO BED DOWN WITH THE ELITES FROM WALL STREET.  IT IS DISGUSTING AND A TRAVESTY OF JUSTICE.  OBAMA IS PLAYING THE FOOL EITHER KNOWING AND WILLFULLY SELLING OUT THE CITIZENS OF AMERICA OR HE KNOWS SO LITTLE ABOUT BUSINESS THAT HE THINKS CRIMINAL ACTIVITY GOING UN PROSECUTED IS THE WAY TO RESTORE TRUST IN THE SYSTEM. 


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Banks Beef About Fraudclosure Settlement As Stocks Rise on the News « naked capitalism

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