Feb
09

Fraudclosure Deal – You Have Been Sold Out

The Market Ticker – Fraudclosure — You Have Been Sold Out And people wonder why there are more and more folks who are saying (or should say) “**** it”, throw their hands in the air, make no investment in capital formation and just walk off? A multistate settlement with five large U.S. banks over foreclosure … Read more Related posts:
  1. California, New York, Nevada, Florida? and Massachusetts Among Fraudclosure Deal Holdouts
  2. Wall Street is Split Over the Bank Fraudclosure Deal
  3. Tammy Baldwin To Introduce Resolution Opposing Immunity For Banks In Fraudclosure Deal
Feb
09

The Top Twelve Reasons Why You Should Hate the Mortgage Settlement

The Top Twelve Reasons Why You Should Hate the Mortgage Settlement As readers may know by now, 49 of 50 states have agreed to join the so-called mortgage settlement, with Oklahoma the lone refusenik. Although the fine points are still being hammered out, various news outlets (New York Times, Financial Times, Wall Street Journal) have … Read more Related posts:
  1. Top Ten Reasons For A Moritorium on Foreclosures And Reasons To Oppose Non-Judicial Foreclosure
  2. Daily Finance | The Mortgage Mess Settlement Proposal: Off to an Awful Start
  3. BofA’s $8.5 Billion Settlement Could Fall Apart After Request Made To Move Mortgage Case From State To Federal Court
Feb
07

Daniel Fisher, Forbes Staff | The Primary Cause of The Financial Crisis “Borrowers not paying their mortgages”

Mortgage Settlement Talks Look Like Tobacco II First he starts out with… Stop me if you’ve heard this one before: Politically ambitious state attorneys general target an unpopular industry with lawsuits based on creative legal theories that would stand a tough time in court. Their sheer legal might brings the other side to the negotiating … Read more Related posts:
  1. Enough is Enough – Owners Stop Paying Mortgages, and Stop Fretting
  2. Report | WALL STREET AND THE FINANCIAL CRISIS: Anatomy of a Financial Collapse
  3. Fraudclosure | New York AG Investigates Banks’ Role in Financial Crisis
Feb
07

Daniel Fisher, Forbes Staff | The Primary Cause of The Financial Crisis “Borrowers not paying their mortgages”

Mortgage Settlement Talks Look Like Tobacco II First he starts out with… Stop me if you’ve heard this one before: Politically ambitious state attorneys general target an unpopular industry with lawsuits based on creative legal theories that would stand a tough time in court. Their sheer legal might brings the other side to the negotiating … Read more Related posts:
  1. Enough is Enough – Owners Stop Paying Mortgages, and Stop Fretting
  2. Report | WALL STREET AND THE FINANCIAL CRISIS: Anatomy of a Financial Collapse
  3. Fraudclosure | New York AG Investigates Banks’ Role in Financial Crisis
Feb
06

Harry’s Law | A Must View Video Clip – Civil Disobedience Isn’t Just a Right, It’s a Duty, Wake Up America!

A small clip from the latest episode of Harry’s Law. A women who lost her house due to the mortgage crisis, and her bank screwing her over with refusing to work something out, and makes a statement by robbing her bank. The DA wants to give her 20 years for stealing a relatively meager sum … Read more Related posts:
  1. Must View Video | William K Black Speech RE Wall Street Crimes
  2. Bank of America Harasses Widow During Husband’s Wake Making Repeated Dunning Calls to a Speaker Phone Set Up for Condolences
  3. MATT WEIDNER | WAKE UP AMERICA… TIME TO START PAYING ATTENTION AND DOING SOMETHING! (VIDEO)
Feb
06

Sharpton: Obama needs to dictate to the Catholic Church to maintain separation of church and state, or something

"If you are offended by the theology of the Catholic church, then do not work for Catholic institutions."


Someone has a very confused idea about the separation of church and state, and surprisingly, it’s the Reverend in this Morning Joe panel today. Working off of Peggy Noonan’s Wall Street Journal column from Saturday, Al Sharpton argues that Barack Obama had to dictate to the Catholic Church to violate its religious tenets in order [...]

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Feb
06

In South Florida, Occupy Movement Targets Housing Crisis

In South Florida, Occupy movement targets housing crisis After months of noisy protests and public-space encampments, South Florida’s Occupy movement has quietly shifted its focus to “occupying” houses to support homeowners caught in the foreclosure crisis. The initiative represents a new tactic for Occupy groups in Fort Lauderdale, Palm Beach County and Miami that in … Read more Related posts:
  1. Press Release: Occupy Fort Lauderdale attempting to stop heinous foreclosure by Wells Fargo; Occupy actions planned
  2. ‘Occupy Wall Street’ movement stages first rally in Palm Beach County
  3. Faceoff: Occupy Wall Street vs. Tea Party Movement (Infographic)
Feb
04

Charles Ferguson Director of the Wall Street Documentary ‘Inside Job’ – Let Them Eat Task Forces

“Criminal prosecutions of banks? Zero. Criminal prosecutions of senior financial executives related to the bubble? Zero. RICO cases, such as were used against Michael Milken and are routinely used against drug dealers and other organized criminals to seize their assets and forfeit their ill-gotten gains? Zero. Sarbanes-Oxley prosecutions, based on CEOs’ certification of obviously fraudulent … Read more No related posts.
Feb
04

NY Times | S.E.C. Is Avoiding Tough Sanctions for Large Banks

S.E.C. Is Avoiding Tough Sanctions for Large Banks WASHINGTON — Even as the Securities and Exchange Commission has stepped up its investigations of Wall Street in the last decade, the agency has repeatedly allowed the biggest firms to avoid punishments specifically meant to apply to fraud cases. By granting exemptions to laws and regulations that … Read more Related posts:
  1. Rep. Grayson Asks the Financial Stability Oversight Council to Require a Special Capital Buffer to Large Banks Due to Foreclosuregate
  2. Fraudclosure | Large US Banks Submit Plans To “Fix” Foreclosure Operations
  3. NY Times – How the Banks Put the Economy Underwater
Feb
04

Wall Street is Split Over the Bank Fraudclosure Deal

Wall Street is Split Over the Bank Foreclosure Deal Wall Street’s biggest lobbying group is split over a proposed settlement of state and federal foreclosure probes, after a committee of money managers signaled it opposes terms letting banks push some costs onto bondholders. The Securities Industry and Financial Markets Association’s Asset Management Group planned to … Read more No related posts.
Feb
03

Obama loses Wall Street?

He'll always have Corzine.


No surprise to you and me, but apparently this comes as quite a shock to the Huffington Post.  Paul Blumenthal reports that Democrats sputter that Wall Street never had it so good, but perhaps the investors in the world of finance might know a bad stock when they see it.  Obama has been outraised in [...]

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Feb
01

LPS Uses Bogus Florida IG Report on Firing of Foreclosure Fraud Investigators in Motion to Dismiss Nevada Lawsuit

LPS Uses Bogus Florida IG Report on Firing of Foreclosure Fraud Investigators in Motion to Dismiss Nevada Lawsuit By: David Dayen There’s some news on that front. Lender Processing Services, which has been sued by Nevada for deceptive practices in generating false documents, sought to dismiss the complaint today in a filing with a state … Read more Related posts:
  1. David Dayen | IG Report Whitewashes Firing of Foreclosure Fraud Investigators in Florida
  2. STATE OF NEVADA vs. LENDER PROCESSING SERVICES | Lender Processing Services, Inc. (LPS) Files Motion to Dismiss Nevada Attorney General Complaint
  3. Dylan Ratigan Must See Report w Barry Ritholtz on Settlements, Wall Street and the Firing of FL AG Investigators
Jan
31

WSJ: Say, Jindal’s education reform works pretty well, huh?

Hint. Hint. Hint.


What a great time for the Wall Street Journal to bring up this topic.  After all, the Republican candidates in the nomination battle have focused their arguments on actual competition-based reform and results, right?  Oh, wait … we’ve been too busy discussing 1997, 2003, and the finer points of class-warfare attacks on private enterprise and [...]

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Jan
30

MF Global money “vaporized”?

What's $1.2 billion between friends?


It sounds as if investigators looking for over a billion dollars in customer money in the wake of the collapse of MF Global have begun to despair of finding any.  Today, the Wall Street Journal reports that the probe thus far strongly suggests that the money got “vaporized” in a labyrinth of shady trading and [...]

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Jan
27

Occupy Palm Beach Foreclosure Fraud Teach-In Sunday Jan 29 1-3pm

Sunday, Jan. 29, 1-3 p.m. Teach-In on Foreclosure Fraud Thousands of homeowners throughout Palm Beach County, and many more throughout the country, are being foreclosed on, even evicted, often through the greed and fraud of the big banks, law firms and mortgage companies that crashed our nation’s economy in 2008. But the 99% are fighting … Read more Related posts:
  1. ‘Occupy Wall Street’ movement stages first rally in Palm Beach County
  2. Occupy Palm Beach Protests Allen West Speech
  3. Bank Fraud | HURRICANE CHERYL DESTROYS LAND RECORDS IN PALM BEACH COUNTY
Jan
27

CREDO | Update on our campaign to send Wall Street bankers to jail

Update on our campaign to send Wall Street bankers to jail. After months of activism from people like you, President Obama announced in his State of the Union speech the creation of a new task force to investigate and hold banks accountable for causing the foreclosure crisis and financial meltdown. The task force will have … Read more No related posts.
Jan
26

Ellen Brown | WHY ALL THE ROBO-SIGNING? SHEDDING LIGHT ON THE SHADOW BANKING SYSTEM

WHY ALL THE ROBO-SIGNING? SHEDDING LIGHT ON THE SHADOW BANKING SYSTEM The Wall Street Journal reported on January 19th that the Obama Administration was pushing heavily to get the 50 state attorneys general to agree to a settlement with five major banks in the “robo-signing” scandal. The scandal involves employees signing names not their own, … Read more Related posts:
  1. Linda Green | Robo-signing Signing Scandal Hits Allen County Recorder John McGauley, Thousands of Suspect Documents, Including His Own
  2. Ellen Brown – Homeowners’ Rebellion: Could 62 Million Homes Be Foreclosure-Proof?
  3. Ellen Brown | Occupy the Neighborhood: How Counties Can Use Land Banks and Eminent Domain
Jan
25

GAO Report | HOMELESS WOMEN VETERANS Doubles from 2006 – Actions Needed to Ensure Safe and Appropriate Housing

HOMELESS WOMEN VETERANS Actions Needed to Ensure Safe and Appropriate Housing The number of homeless female military veterans more than doubled from 2006 to 2010, according to new government estimates. Acknowledging “limited VA data,” homeless female vets numbered 3,328 in 2010, according to a report by the General Accounting Office published on Monday, up from … Read more Related posts:
  1. Federal Housing Finance Agency Office of Inspector General Semiannual Report to the Congress – Housing Regulator Failed to Stop Fannie, Freddie Mortgage Issues
  2. Veterans March For Occupy Wall Street – And It’s Like Nothing You’ve Ever Seen Before
  3. HONORING VETERANS IN FORECLOSURE
Jan
25

Mic Check! Occupy Wall Street Offers a Rebuttal to State of the Union #OWS

  Mic check! Occupy Wall Street offers a rebuttal to State of the Union Everybody’s got a response to the State of the Union these days — including Occupy Wall Street. Or at least a branch of Occupiers in D.C. do. They were supposed to deliver it live post-State of the Union in McPherson Square … Read more Related posts:
  1. Lee Camp | “Wall Street Is Dirtier Than Occupy Wall Street”
  2. Short Film | Danny Schechter – INSIDE OCCUPY WALL ST: HOW Occupy Wall Street Operates
  3. What Does Wall Street Do for You? (Harm IMHO) Perhaps the best way to really appreciate what Wall Street does is to imagine life without it.
Jan
25

CNN: Law Enforcement Is Intimidated By Anonymous (VIDEO)

~ 4closureFraud.org Tweet Related posts: Message From Anonymous | You And I Have Not (VIDEO) September 17th 2011 | Hello Wall Street – We Are Anonymous (Video) Anonymous | Occupy The Planet #OCCUPYWALLSTREET (Spread This Video Like the Plague) Related posts:
  1. Message From Anonymous | You And I Have Not (VIDEO)
  2. September 17th 2011 | Hello Wall Street – We Are Anonymous (Video)
  3. Anonymous | Occupy The Planet #OCCUPYWALLSTREET (Spread This Video Like the Plague)
Jan
24

Action Alert | Call the FL House Civil Justice Committee to Oppose the Florida (un)Fair Foreclosure Act Now HB213!

General Bill by Passidomo (CO-SPONSORS) Moraitis Judicial Proceedings: Designates act “Florida Fair Foreclosure Act”; revises requirements for acknowledgement of satisfaction of mortgage, lien, or judgment; provides requirements for mortgage foreclosure complaints; requires party foreclosing on specified owner-occupied dwellings to provide specified notice; provides for finality of foreclosure; requires certain actions to set aside foreclosure to … Read more Related posts:
  1. Action Alert | Kathleen Passidomo is in the Final Stages of Drafting the Florida (un)Fair Foreclosure Act
  2. Action Alert | Call the White House right now and tell them to launch a full investigation into Wall Street
  3. PB Post | Florida Legislature Trying to Bust Foreclosure Backlog – Again – The Florida (un)Fair Foreclosure Act
Jan
23

Illinois Republican Senator Mark Kirk suffers stroke

Our best wishes for a full recovery.


The Republican senator elected in 2010 to fill the seat once occupied by Barack Obama suffered a stroke Saturday and underwent surgery today to repair related damage, according to a Wall Street Journal report. Mr. [Mark] Kirk, 51 years old and a freshman Republican, checked himself into Lake Forest Hospital on Saturday, and doctors found [...]

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Jan
23

Action Alert | Call the White House right now and tell them to launch a full investigation into Wall Street

BREAKING NEWS: It’s the eleventh hour and the White House is about to strike a deal with big banks. President Obama wants to be able to point to a big bank foreclosure settlement in Tuesday’s State of the Union as a measure of progress towards more Wall Street accountability. But the deal on the table … Read more No related posts.
Jan
23

Lee Camp | Occupy Congress – Live Performance In The Belly Of The Beast

Explicit Language So Viewer Discretion Advised Lee Camp performed live in our nation’s capital just last week, on the four-month anniversary of Occupy Wall Street. Immediately following this performance the thousands who were there stormed the steps of the Supreme Court and the White House. ~ 4closureFraud.org Tweet Related posts: Lee Camp | The Numbers … Read more Related posts:
  1. Lee Camp | The Numbers Behind Occupy Wall Street #OWS
  2. Lee Camp | Is Occupy Wall Street Having An Effect?
  3. Lee Camp | Afraid To Stand Up Against Your Corporate Abusers? Try Some Occupy!
Jan
22

Up with Chris Hayes | Eliot Spitzer on the 50 State Fraudclosure Settlement “NO, NO, NO, NO” (VIDEO)

~ 4closureFraud.org Tweet Related posts: Chris Hayes | Occupy Our Homes (VIDEO) Chris Hayes | Story of the Week: The Foreclosure Tsunami (VIDEO) Chris Hayes | Lobbying Firm’s Memo Spells Out Plan to Undermine Occupy Wall Street (VIDEO) Related posts:
  1. Chris Hayes | Occupy Our Homes (VIDEO)
  2. Chris Hayes | Story of the Week: The Foreclosure Tsunami (VIDEO)
  3. Chris Hayes | Lobbying Firm’s Memo Spells Out Plan to Undermine Occupy Wall Street (VIDEO)
Jan
22

Newt Gingrich, outsider?

About as much as Mitt Romney, Rick Santorum and Ron Paul.


This morning, in his appearance on CNN’s “State of the Union,” Newt Gingrich continued to develop a theme he hinted at last night: That he represents neither Washington nor Wall Street, but the American people. Toward the end of his appearance, Gingrich positioned himself as an outsider candidate, willing to cut spending and take on [...]

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Jan
20

WMC Mortgage | GE Lending Unit Said to be Target of U.S. Probe for Selling Fraudulent Loans

GE Lending Unit Said to be Target of U.S. Probe At issue is whether WMC Mortgage knowingly wrote fraudulent loans it later sold to investors. Federal authorities are investigating possible fraud at General Electric Co.’s former subprime mortgage arm amid increased public pressure to hold Wall Street accountable for its role in the financial crisis. … Read more Related posts:
  1. Foreclosure Fraud – Some Quotes from the Report of Three S. Fla. Law Firms Target of Probe – South Florida Business Journal
  2. NY Times | Bank of America to Create Troubled Loans Unit
  3. HUSH MONEY – Wells Fargo pays $24M to End Mortgage Probe
Jan
19

Ohio | Sen Brown to Feds: Don’t Let Wall Street Banks Use the Assets of Middle Class Ohioans to Pay the Penalty for Breaking the Law

Brown to Feds: Don’t Let Wall Street Banks Use the Assets of Middle Class Ohioans to Pay the Penalty for Breaking the Law As Big Banks Prepare to Settle Case on Mortgage and Foreclosure Fraud, Brown Urges Involved Parties to Reject Wall Street Plan to Allow Banks to Use the Assets of Hardworking Americans to … Read more Related posts:
  1. Tammy Baldwin WI Stands Up for Middle Class Homeowners, Tells Holder Consumers Must Have Path to Recover Losses
  2. Settlement FAIL | Banks Get Edge in Talks on Foreclosure Penalties as Feds Settle
  3. Arkansas | Hot Springs County Clerk Mayme Brown Sues Mortgage Electronic Registration System (MERS) Banks for Tax (Filing Fee) Evasion
Jan
19

Progressives Deliver Message to the White House: No Sweetheart Deal for Big Banks

Progressives Deliver Message to the White House: No Sweetheart Deal for Big Banks Jan. 19, 2012 Washington, DC – Progressive groups are uniting today to send a strong message to the White House that bankers who commit fraud ought to be investigated, prosecuted and sent to jail. The Campaign for America’s Future and MoveOn, Credo, … Read more Related posts:
  1. Bank of China Forecloses on White House
  2. Press Release | Occupy Wall Street to Obama: Don’t Be Big Banks’ Puppet; No Immunity Deal for Crooks
  3. OneWest Gets Super SweetHeart Deal – Sells Foreclosed Townhome TWICE
Jan
18

Abigail Field | Our Morally Bankrupt Government, Justice Part II: Defending the Rule of Law

Our Morally Bankrupt Government, Justice Part II: Defending the Rule of Law My last post detailed how the Justice Department abandoned the principle of equality before the law in its Financial Meltdown enforcement efforts. This post focuses on Justice’s efforts–and lack thereof–to defend our legal system and the rule of law it relies on. The … Read more Related posts:
  1. Abigail Field | Our Morally Bankrupt Government, Justice Edition Part 1: Enforcement Against Financial Meltdown Perpetrators
  2. Abigail Field | Occupy the Constitution: Get Money Out of Politics, Part 1
  3. Abigail Field | Dear Occupy Wall Street: Thank You For Defending the American Principle of Equality