Wednesday, October 20, 2010

Foreclosure Fraud Fallout

Jeff Nielson submits:

As the most massive, systemic fraud in the history of human commerce continues to unfold before us, there is no lack of topics and issues – while we poke through these cesspools of Wall Street slime. By now, everyone has heard ad nauseum the announcements by U.S. fraud-factories that they were “suspending” foreclosure proceedings “in 23 states”. An automatic question which arises from these announcements is: what about the other 27 states?

We have a situation where Wall Street banks (and the “foreclosure-mills” they hired to do their “dirty work”) didn’t just “cut corners” in processing these foreclosures, they threw the rule-book out the window and willfully committed millions of fraudulent acts – any and every time it was convenient to do so.


Complete Story »

Source: http://seekingalpha.com/article/231190-foreclosure-fraud-fallout?source=feed

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