Matt Taibbi is a lying piece of shit (link)

[sabrina 1]

134. Yes, well we don't need the Senate or Judges or States Attorneys to tell us that

if someone forges a signature on a legal document, that it IS fraud. Or are you saying it is not? And if they do it over and over again and they do it across the country, that is massive fraud.

http://www.nolo.com/legal-encyclopedia/false-affidavits-foreclosures-what-robo-34185.htm
False Affidavits in Foreclosures: What the Robo-Signing Mess Means for Homeowners

What is Robo-Signing?

Typically, in a judicial foreclosure state, the lender proves the requisite facts by submitting documents and a written statement signed under oath (called an affidavit) by a person (usually a bank employee) who has reviewed the documents and who is supposed to have some personal basis for believing the facts to be true. The idea is to prevent foreclosures on homes where the foreclosing bank cannot prove that it actually owns the mortgage (which is more common than you might think) or where the homeowner is not actually in default to the degree asserted in the foreclosure papers.

It came to light that several large banks routinely used affidavits signed by employees who did not personally review the documents and had no basis for believing that the homeowner was in default or that the bank owned the loan. Employees for financial giants like Bank of America, JP Morgan Chase, Wells Fargo, and GMAC have all testified that they signed many thousands of affidavits a month, spending about 30 seconds on each affidavit, and that they didn't have a clue regarding the veracity of the affidavit or the documents in question -- hence the name "robo-signers."

What Effect Does a False Affidavit Have on the Foreclosure Process?

Banks cannot legally foreclose on a house if the foreclosure paperwork is not in order. This means that if the affidavit a bank submits is false -- as any affidavit completed by a robo-signer would be -- the foreclosure should not go through. Of course, the reality is that banks have foreclosed on thousands of properties based on just such false affidavits. But now that the issue has come to light, business is not always as usual.

Levin was explaining the fall-out from the Robo-signing scandal. Which will probably continue for years. If it was not illegal, then why did the Banks make a settlement rather than try to pay off all the people they scammed this way? Some homes WERE illegally fore-closed on as a result of this crooked practice, and sorting out which ones were and which were not is going to cost years of time and who knows how much money?

It seems to me that if I forge a legal document pretending to be someone I am not, I am committing a crime. It's really not hard to figure out. It seems to me that it is you who 'does not know crap' as you put it, about this scandal. Be thankful you did not wrongfully lose your home because some Bank was rubber-stamping illegally, false documentation without even checking if you were in default.

The term 'robo-signing' means that people, such as temp workers with no knowledge of what they were signing, signed legal documents like 'robots'.

Do you still claim this was not a crime?