Citing "mounting evidence of a state of rampant lawlessness in Central Florida," Rep. Alan Grayson (D-Fla.) last week sent a letter to FBI director Robert Mueller and U.S. Attorney Robert O'Neill imploring them to investigate possible criminal conduct in what's become known as foreclosure gate.
"There are increasing signs that big banks routinely evade laws meant to protect homeowners," Rep. Grayson wrote. "It is not enough for big banks only to apologize for fraud, perjury, and even breaking and entering - when they are caught. It is time for handcuffs. Fraud does not become legal just because a big bank does it."
Barry Ritholtz, CEO of Fusion IQ and author of The Big Picture blog, couldn't agree more.
"The whole chain of the foreclosure process is rife with lies, with false affidavits, false testimony -- with fraud," Ritholtz says. "This is criminal and these people need to go to jail."
Just dumped ... I think it is over. Profit dropping 50% vs a year ago, at most $160. But dont bet on it, it is used today to support the market.
not4weak 发表于 2010-10-19 10:39