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girl gone mad
girl gone mad's Journal
girl gone mad's Journal
July 5, 2012
Here is a partial list:
- Committing massive and pervasive fraud both when they initiated mortgage loans and when they foreclosed on them (and see this)
- Pledging the same mortgage multiple times to different buyers. See this, this, this, this and this.
- Cheating homeowners by gaming laws meant to protect people from unfair foreclosure
- Charging veterans unlawful mortgage fees
- Engaging in mafia-style big-rigging fraud against local governments. See this, this and this
- Cooking their books (and see this)
- Bribing and bullying ratings agencies to inflate ratings on their risky investments
- Pushing investments which they knew were terrible, and then betting against the same investments to make money for themselves. See this, this, this, this and this
- Engaging in unlawful frontrunning to manipulate markets. See this, this, this, this, this and this
- Laundering money for drug cartels. See this, this and this (indeed, drug dealers kept the banking system afloat during the depths of the 2008 financial crisis)
Much more here: http://www.washingtonsblog.com/2012/07/the-many-ways-banks-commit-criminal-fraud.html
Now you can't pretend that you don't know what crimes have been committed unless you want to admit you are being intentionally deceptive.
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Member since: Mon Sep 29, 2003, 03:05 PMNumber of posts: 20,634