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SitandStay
Lorenzo&BushH8ter
08:23 AM on 10/31/2011
MANY of the lawsuits MUST begin in the state federal courts. Evidence is required and don't think that's not hard to get especially since these murfurkies are all in it together. When I called our state department of banking and finance, they just wanted names, while I was demanding to speak to an attorney. They only wanted to protect themselves. I had, and still have, documents and voice recordings of a VA - strawbuyers scam that our home was almost used in.
Here's an interesting site. You can see what is going on in your own state by using the box in the upper right corner to research.
www.mortgagefraudblog.com
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SitandStay
Lorenzo&BushH8ter
08:09 AM on 10/31/2011
Owner of Title Companies Admit Fraud Scheme......
http://mortgagefraudblog.com/perp-walk/item/15365-owner-of-title-companies-admits-mortgage-fraud-scheme
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HUFFPOST COMMUNITY MODERATOR
GerryS
I WANT to pay $1 million per year in taxes, or mor
11:38 PM on 10/30/2011
I'd vote for burning Lloyd at the stake----------
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HUFFPOST SUPER USER
big tom
07:15 AM on 10/31/2011
i will bring the gas and a truck load of wood.
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HUFFPOST COMMUNITY MODERATOR
CountryBeforeParty
We are against misconduct, not against wealth
09:22 PM on 10/30/2011
Hedge Fund Sues Goldman Sachs For Fraud
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Jeez... who do you root for in that one?
07:08 AM on 10/31/2011
Root for the fact..;)
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Jeany
Woman w/ Pitchfork
07:18 PM on 10/30/2011
Sic 'em.
Charles W Noble
Reason with eachother
04:14 PM on 10/30/2011
Why hasn't every mutual fund that lost money sued Goldman?
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HUFFPOST COMMUNITY MODERATOR
GerryS
I WANT to pay $1 million per year in taxes, or mor
11:39 PM on 10/30/2011
pot calling kettle black------------
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HUFFPOST SUPER USER
J T K
Quis custodiet ipsos custodes?
12:13 AM on 10/31/2011
Probably because most of them can't prove it to the point required to be successful or they realize that it isn't worth it.
Charles W Noble
Reason with eachother
01:30 PM on 10/31/2011
I think billions of dollars worth of losses is worth it monetarily. It is proven that they actually allowed investors to invest in toxic assets without informing them. I would think it might be something else.....
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HUFFPOST SUPER USER
madcityy
02:43 PM on 10/30/2011
they derserve to be outttttt of bussssssssssssssssssssss
02:08 PM on 10/30/2011
One of the fraud charges is "lied about the securities' expected performance." It is a crime to do this. You know----selling a zircon to someone on the pretense it was a diamond. The catch is these corrupt investment and banking firms are "Too Big to Fail" and "Above the Law." Justice for all------I don't think so?
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Martha Fair
Crusader against oral flatulence
10:06 PM on 10/30/2011
They put Martha Stewart in jail for this...Please help! ...I don't understand why she has to go to jail and not any of the others?
10:30 PM on 10/30/2011
Martha is a women and a registered democrat. More importantly she didn't employ lobbyist to grease the path for her.
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J T K
Quis custodiet ipsos custodes?
12:17 AM on 10/31/2011
They put her in jail for insider trading and lying about it, not about lying about the value of what she was trading.
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The Accountant
The time for truth is now - always
12:45 PM on 10/30/2011
It is a frivilous law suit. The rich suing the rich. Moving money from one pot to the other, attorneys making a bundle also. Where was the due diligence in the first place? Exploiting the middle and lower classes on bad loans, not making appropriate renegotiations on terms, foreclosing so they can sale and loan again and just keep making fees. See it for what it is.
12:41 PM on 10/30/2011
As Usual , Goldman Sachs will settle this 1000$ fraud with 1$ settlement . And Goldman Execs will get bonuses for this deal with tax payers money !!!!
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HUFFPOST SUPER USER
J T K
Quis custodiet ipsos custodes?
12:18 AM on 10/31/2011
Do you have anything to back up your assertion that they still have taxpayer money left? At a certain point they're going to run out of taxpayer money if they haven't already and then there goes your biggest excuse to criticize their bonuses.
07:17 AM on 10/31/2011
The only way that GS would not have access to taxpayer money is if you cut their umbilical cord to the Fed through which they access the funds. So if GS executives can settle this case for less than charged then it's true the executives would have had success. And success in the financial industry in rewarded, over and above salary, through bonuses. And there goes your tax money ;)
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ebanks84
Grandma knows best!
12:08 PM on 10/30/2011
Thank you! Now that's taking care of some serious business. Get Goldman to pay for jacking everybody up. Make them get up off all that money they stole.
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Osusuki
All your base are belong to us...
11:46 AM on 10/30/2011
Why does this remind me of Casablanca? "I'm SHOCKED, shocked to find that gambling has been going on in this establishment!"
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ebanks84
Grandma knows best!
12:08 PM on 10/30/2011
:), now that's funny!
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11:43 AM on 10/30/2011
As usual, the REAL problem is the lack of desire by law/civil enforcement tp punish any of these liars, cheats, and thieves. They loot, embezzle, and plunder, get caught, and are slapped on the wrist - free to enjoy their swag as millions suffer real tangible consequences of their nefarious acts. Mozilla at Countrywide would be the perfect example - he looted $500 million, paid a $63M fine, and walked away laughing at prosecutors bent over with their pants down for the plea bargain. Behind the magic show's curtains, Wall Street created the credit default swap as they over-inflated the balloons, laughing all the way. This country has become a collective of despicable special interest individual executives that make the rules, break the rules, and police themselves. 70 years ago, these crooks would have swung - too bad its not then.
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exmate
Life is about playing a poor hand well.
10:32 AM on 10/30/2011
No wonder there is so much resistance to Liz Warren.
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exmate
Life is about playing a poor hand well.
10:29 AM on 10/30/2011
In the old days, people who made loans assumed the risk of default and as a consequence, they were careful . Once it became possible to bundle those loans into gambling chips, it became every man for himself and Devil take the hindmost.