Fraud for the first time in history has been institutionalized into law. It is foolishness to believe that the banking industry is trustworthy and that they have the right to claim legal presumptions that their fabricated documents, and the forged documents are valid, leaving consumers, borrowers and in particular, homeowners to formulate a defense where […]

Tags: Bank of America, Chase Bank, Citibank, Citimortgage, Royal Bank of Scotland, Wells Fargo Bank
Posted in Corruption, discovery, evidence, Fabrication of documents, legal standing |

Editor’s Note: like the post before this one, it is astonishing how these settlements fall so far short of the actual damage that was created by the banks by their intentional illicit and criminal behavior. This one “relates to conduct at Greenwich Capital, the R.B.S. unit that bundled mortgages into securities and sold them to […]

Tags: BOA, countrywide, Option One, RBS, Royal Bank of Scotland
Posted in bubble, Corruption, Eviction, securities fraud |

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Tags: 1%, a more balanced financial system, Barclays, bully, CNBC, democracy, financial market regulation, gambles on the market, Glass-Steagall Act, higher economic growth, Joseph Stiglitz, Kathy Barnato, lower inequality, Nobel Prize 2001, Royal Bank of Scotland, stalled economics, The Price of Inequality, World Bank, Worldwide Exchange
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM COLLUSIVE SCHEME ALLEGED EDITORIAL COMMENT: WELL it looks like this is not over yet. The accusations are right on target — the more they drill down the more they find which is what we have been saying on Livinglies for 3 1/2 years. That’s what we keep doing in […]

Tags: bailout, Bank of America, bankruptcy, Barclays, borrower, Citigroup, Credit Suisse, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, Goldman Sachs, JPMorgan Chase & Company, rescission, Royal Bank of Scotland, securitization, TILA audit, trustee, UBS
Posted in bubble, Corruption, Eviction, securities fraud |