A repository for Marcospinelli's comments and essays published at other websites.

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

Friday, January 20, 2012


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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