U.S. AG Eric Holder, DoJ Head Lanny Breuer Linked To Banks Accused Of Foreclosure Fraud

Attorney General of N.Y. Is Said to Face Pressure on Bank Foreclosur­e Deal


Obama Administra­tion Pressuring NY Attorney General To Support Mortgage Whitewash


Occupy Wall Street To March Against Foreclosur­e Settlement Deal

President Obama is on the brink of cutting a backroom deal that would give bankers broad immunity for illegally throwing tens of thousands of Americans out of their homes. The Administra­tion is pressuring state attorneys general to abandon an ongoing investigat­ion into the massive “robo-sign­ing” fraud, in exchange for a relatively small payoff by the banks.

Numerous investigat­ions by state and federal authoritie­s have demonstrat­ed that banks used illegal procedures to make tens of thousands of foreclosur­es over the past decade. Rushing to a settlement before the full extent of the fraud is known would be a grave injustice to those who were illegally foreclosed upon and those still struggling to stay in their homes. “This is a clear, moral issue that cuts to the core of why we occupy,” said Max Berger, an Occupy Wall Street participan­t helping to plan the event. “Instead of throwing corrupt bankers in jail, the administra­tion is pushing to give them a get-out-of jail-free card.

http://www­.commondre­ams.org/ne­wswire/201­1/11/04
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