If you thought the foreclosure fraud settlement was bad, get this: the Office of the Comptroller of the Currency, the weakest federal regulator in the financial sphere (I’ve taken to calling them the Office of Bank Advocacy), decided to use the cover of the big settlement to announce their fines in their consent order with big bank servicers.
|By: David Dayen Thursday February 9, 2012 1:35 pm|
|By: masaccio Sunday May 22, 2011 10:30 am|
If we work together as a community, maybe we can get some criminal prosecutions for the crimes that caused the Great Crash. It doesn’t happen by accident.
|By: emptywheel Saturday February 26, 2011 6:00 pm|
Apparently, the banksters think that $20 billion is just a “crazy figure” that will never be imposed. The actual homeowners affected by the banksters’ crime, however, believe it is “chump change.”