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G_j

(40,562 posts)

3. from the piece,

Reply to tridim (Reply #2)

Thu Aug 22, 2013, 05:05 PM

Aug 2013

"And government officials seem to be responding. Both the Justice Department and the Securities and Exchange Commission sued Bank of America this month, alleging fraudulent mortgage origination and securitization practices in the lead up to the financial crisis. But both are civil suits that would involve no jail time for executives. Bank of America denies any wrongdoing. Also, JPMorgan Chase has revealed that the Justice Department is investigating its mortgage-backed securities practices."

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Is Government's Renewed Push On Mortgage Fraud Too Late? [View all] G_j Aug 2013 OP

Yes. Deliberately so. truebluegreen Aug 2013 #1

I got a huge check from my asshole TBTF bank because of the Admin's Mortgage Fraud law. tridim Aug 2013 #2

from the piece, G_j Aug 2013 #3

^ Wilms Aug 2013 #4