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Tags: borrower, Charles Ferguson, Charlie Engle, Dennis Kozlowski, Enron, Eric Schneiderman, financial collapse, fraud, IRS, Jamie Dimon, Jeffrey Skilling, John Edwards, Justice Department, Kenneth Lay, Lloyd Blankfein, Mark Pennington, Nocera, Predator Nation, President Obama, Richard Engle, subprime mortgage, Titans of Wall Street, Tyco, Wall Street, Wells Fargo Financial
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MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT See Full Article on ritholz.com By Barry Ritholz Think back to the giant fraud that was Enron. It was enabled — indeed, it was only possible — by the criminal behavior of their “Big Five” accounting firm, Arthur Andersen. This massive fraud perpetrated […]

Tags: Arthur Anderson, bankruptcy, borrower, countrywide, disclosure, Enron, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, LOAN MODIFICATION, LPS, modification, quiet title, rescission, RESPA, securitization, TILA audit, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |

Enron is just one of a long series of scams starting back in the 1960’s with changes in the rules that prompted Abromoff to Write Unaccountable Accounting. The essence of the scam is simple: put the risk on some unsuspecting schmuck and take all the money. It is the middlemen — the accounting firms, the […]

Tags: economy, Enron, fraud, money, securities
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