President-elect Donald Trump isn’t just appointing incompetent buffoons to his Cabinet, but deeply immoral individuals who are completely lacking in family values.
Residential Mortgage-Backed Securities Working Group
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Goldman Sachs to Pay $5 Billion for Role in the 2008 Financial Crisis
Announced by the U.S. Justice Department, it's only the latest multibillion-dollar civil settlement reached with a major bank over the economic meltdown in which millions of Americans lost their homes to foreclosure.
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Record Mortgage Fraud Litigation Hits Nation's Biggest Banks
Dozens of new claims have been filed dozens of new claims against Bank of America, JPMorgan Chase, Wells Fargo and Citigroup related to more than $1 trillion worth of mortgage-backed securities.
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Snakes and Laddering: The Bear Stearns Debacle
The New York Attorney General accused Bear Stearns of "fraudulent and deceptive acts" but made no mention of criminal charges and named no individuals. Like the dotcom crash that was really a Wall Street heist, it's time for us to follow the small print.
