"So long as they incorporate, businesses will now be free to trade in or exploit slaves, employ mercenary armies to do dirty work for despots, perform genocides or operate torture prisons for a despot’s political opponents, or engage in piracy...
I am in receipt of a copy of a bulletin from Old Republic Title in which it states: The Company will not insure title to any property which has been foreclosed by Ally Financial, Ally Bank or GMAC until further notice.
Bruce Krasting pointed out earlier, the 1,500 or so people that are sweating like a Wall Street whore in church and have chopped their left testicle off to never, ever allow the general public to catch a glimpse of the radioactive effluvium...
Picture this. A blustery day in February 2009. A President poised gracefully behind a podium, teleprompter at the ready, speaking to Americans about how one of the Nations top manufacturers had explained that because of the proposed Stimulus
Mr President: Fannie and Freddie, have been using a series of "foreclosure mills" that are emitting tens of thousands of fraudulent affidavits that have been used to dispossess Americans of their homes. What will you do about it?
Servicers foreclosing on mortgages to which nobody apparently owns the title, but that servicers, representing such reputable firms as Deutsche Bank, are willing to counterfeit court summons in their pursuit of a clean and efficient foreclosure mill.
We never transferred the paper. No one in the industry transferred the paper. Got it folks? This was not an accident and the dog didn't eat anyone's homework.
Florida is ground zero of the foreclosure crisis. In addition to being one of the epicenters of the housing meltdown, it has also become the jurisdiction where local lawyers have been the most effective overall in unearthing how servicers...
JPMorgan Chase & Co. faces a legal challenge next month that could cast doubt on thousands of foreclosures after a mortgage executive at the bank said she didn’t verify documents used to justify home seizures.
We need a new tag phase for the hopeless tangled mess that the folks who screwed up mortgage securitizations have foisted on Americans. Conceptually, FUBAR (Fouled Up Beyond All Recognition) is accurate, but it is pretty antique...
During a little-noticed hearing a firm hired by Wall Street to analyze mortgages given to borrowers with poor credit, which were then packaged and sold to investors during the boom years, revealed 28% of those loans failed to meet basic underwriting
If the government - at all levels - state, local and federal - wants we, the little people, to continue to obey the law, instead of declaring that we will act as they have acted, that we will rob and pillage to our heart's content - then this...
The truth is that you stole the money and now you want everyone else to pay for it. You want me and most especially my daughter to cover the bill for your firm's legalized theft from millions of Americans, including their homes, their jobs, their...
California officials today demanded that Ally Financial Inc. stop foreclosing on homes in the state, citing reports indicating the big mortgage lender is violating the law.
I've had enough of reading things By neurotic, psychotic, pig-headed politicians All I want is the truth Just gimme some truth
1997, MERSCORP President wrote, “Yes, There is life on MERS” Mr. Arnold stated, “Some county recorders have expressed concerns that MERS will eliminate their offices nationwide or destroy the public land records by breaking the chain of title.
It’s all more cynicism, power horny middle aged men dropping their pants to moon the American people. leaning out of the windows of their limos, humming along to MC Hammer’s “Can’t touch this".
This is a classic "death spiral" situation and equity valuations are in a severe bubble as a consequence of all the government "cheese", despite "appearing" to be "cheap."
Eight current and former officials in the blue-collar city of Bell, including the former city manager and mayor, were arrested Tuesday and charged in a corruption investigation into bloated salaries and misuse of taxpayer funds. … District Attorney S
Italian authorities are investigating the Vatican Bank over possible violations of money laundering regulations, the Bank of Italy told CNN Tuesday. The Vatican said Tuesday it is "perplexed and baffled" by the public prosecutor's actions, and
Notice, again, how Munger doesn't think he should have to "suck it in and cope." This is the mark of a psychopath - a man who believes that others serve him, and that he has the right to compel them to do so - at gunpoint if necessary.
GMAC Mortgage and other banks may hope to sell the story line that its problem is limited to a lone “rogue servicing officer.” Unfortunately, the servicing officer in question indicated in his testimony that he prepared 10,000 or more...
The Mortgage Bankers Association has a conference in process, and apparently (according to NC) they're "freaking out." (ed: Good - they should be if their minions have been filing false affidavits by the thousands!)
Here is a powerpoint presentation prepared by Max Gardner's BBC excerpting the deposition of GMAC Mortgage employee Jeffrey Stephen in which he essentially confirms that the firm executes up to 10,000 fake documents per month.
Brian Sack has just injected a record for QE Lite $5.2 billion in stock, in order to complete all the elements of today's orchestrated Obama Town Hall meeting, during which the president is now fully expected to announce that he...
Ruling by a panel of the U.S. Court of Appeals for the Second Circuit, concluded that corporations could not be sued for human rights abuses under the Alien Tort Statute (ATS).
From the moment Boston-based OneUnited Bank began seeking a federal bailout in the summer of 2008, it received special treatment that went beyond what the Treasury Department or the bank and its political supporters have previously disclosed.
This is one talented activist...
“I’ve heard a lot of people voice their opinions on this story and I don’t care if it was purposely leaked to get Jan a sympathy vote, or if it was timed to embarrass her for having shown special budgetary favor to state services directly benefiting
Live Link: Straight from the Horses Heart Now if the BLM used half way humane methods of rounding up horses, perhaps we all wouldn’t have sat up and noticed and gotten this outraged. Using a contractor that has been convicted of killing wild horses