Jesse's Café Américain

"Unhappy people are better off living in the city. A person can live in the city for a hundred years and not even realize that they are already dead and rotting. They don't have time to realize this on their own; they are too busy."
Leo Tolstoy, The Kreutzer Sonata, 1889

Showing posts with label mortgage fraud. Show all posts
Showing posts with label mortgage fraud. Show all posts
19 October 2010

NY Fed, BlackRock and PIMCO Pressure Bank of America to Buy Back $47 Billion in Bad Mortgages

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The news had a significant impact on the market because of the parties involved in 'pressuring' Bank of America. The loans were or...
21 April 2010

William K. Black's Testimony to the Congress on Lehman's fraud

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The recent US financial crisis is always and everywhere founded in regulatory capture, dissembling, influence peddling, and fraud.
16 April 2010

SEC Formally Charges Goldman Sachs In Derivatives Fraud with Paulson and Company - another 'Rogue Trader at Work?'

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“Only fraud and falsehood dread examination. Truth invites it.” Dr. Samuel Johnson The SEC is formally charging Goldman Sachs with fraud in...
15 January 2010

Big Banks Demand Cash Payments "Off the Books" from Homeowners to Avoid Foreclosure

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"The Hobbs Act defines extortion as the obtaining of property from another, with his consent, induced by wrongful use of actual or thre...
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