The whole corruption case has turned into a real soap opera. I kid you not. I have a friend who is keeping up with this trial.
Nothing has changed from the banksters. Still submitting fraudulent documents in the county recorder offices. Check this out. This is an email that I received from Virginia of Deadly Clear website. Thanks Virginia!:
Another one to follow – thought you’d find interesting.
Begin forwarded message:
From: Tim Morell <firstname.lastname@example.org>
Date: August 21,…
(Reuters) – Citigroup Inc has been sending hedge fund firms letters informing them that it cannot sell investments in hedge funds and private-equity funds to clients after a deal with the Securities and Exchange Commission, the Wall Street Journal reported.
The bank this month reached a $285 million fraud settlement with the regulator over a complaint concerning a 2007 sale of mortgage-linked…
Well, did or didn’t Officer Wilson have a eye injury?… I posted yesterday from an article from a source that stated an eye injury was suffered by Officer Wilson. I honestly don’t believe the journalist know how extensive Mr. Wilson’s injuries were if those injuries are serious. We have to wait until the grand jury findings. Now, CNN has debunked yesterday’s story.
(WZZM)—A mortgage servicing company accused of bad business practices in West Michigan has been subpoenaed by the federal government.
Federal investigators are calling on Ocwen Financial to provide certain documents about the company’s relations with four affiliated companies. The subpoena follows a similar demand from New York regulators.
The issue is whether Ocwen is enriching itself at the…
Now this is the last thing that struggling homeowners want to hear: getting mortgage relief and having tax liability from the mortgage relief! Thanks Congress for not doing your job!
The Washington Post highlights the seriousness of this issue.
In 2007, Congress adopted a law that spared homeowners from being taxed on the amount of the loan that was written off. But that tax break expired in…
The Missouri city, reeling from protests, has a financial system based on payday loans and pawn shops, and that’s part of the problem.
Payday lenders in Missouri charge average annual interest rates of 455%, leading to debt traps for many customers.
An industry group which represents some of the nation’s largest investors is urging regulators not to back away from plans to require auditors to sign the financial statements they prepare for companies.
In my August 13 “Trade” column, I wrote of a struggle between the Public Company Accounting Oversight Board, which regulates the accounting industry, and the Securities and Exchange Commission…
Case Information Case Title
New York SouthernNature of Suit
Banks and BankingJudge
February 23, 2012
Law360, New York (August 21, 2014, 2:16 PM ET) — Bank of America Corp. on Thursday said it plans to appeal the $1.3 billion fine that U.S. District Judge Jed S. Rakoff slapped on the bank last month for defrauding Fannie Mae…
How the new BoA settlement won’t be as painful as advertised: “Whether cash payments are structured as penalties or legal settlements can determine whether targeted companies can declare them as tax-deductible business expenses.