Jesse's Café Américain

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. For the traitor appears not a traitor; he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague.” Marcus Tullius Cicero

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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