Sunday, January 29, 2012

Foreclosure Deal Could Open the Door to Ending Up With Half of Wall Street in Jail!

The Rumor Mill News Reading Room 

Foreclosure Deal Could Open the Door to Ending Up With Half of Wall Street in Jail!
Posted By: Jordon [Send E-Mail]
Date: Sunday, 29-Jan-2012 13:08:29

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Last night on Countdown, Rolling Stone reporter Matt Taibbi talked about the recent foreclosure settlement deal being negotiated between the state Attorney Generals, including California's bold Kamala D. Harris, and the banks.
"If they do this for real, if they do this like an Enron-style investigation, you could have half the luminaries on Wall Street doing prison time.... they all made enormous profits from selling mismarked and over-evaluated mortgages to unsuspecting investors," Taibbi said.
The question in terms of broader national policy, says Taibbi, is whether the Obama Administration has really gotten the Occupy Wall Street message, or "will it be a cosmetic investigation" only?


5 comments:

  1. Foreclosure Deal Could Open the Door to Ending Up With Half of Wall Street in Jail!
    Posted By: Jordon [Send E-Mail]


    John,

    No disrespect, but this is rubbish, we all know the game, and those that got bailed out will not be going to jail.....Their Obama's Cronies....friends of the Federal Reserve!

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  2. Obama is watching out for his own butt.
    Rats are jumping ship-every man for himself.
    Grab the popcorn,it will be a real show.

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  3. Can't agree with you Anon 01:47. The game is up. From what I know, these corrupt SOBs are on their way out. By the end of the year, they will be history!

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  4. I "hope" what Anon 4:35 says is true. BUT...the whole purpose of Obama's deal with the bankers is to let them off the hook for just pennies compared the the trillions in Foreclosure Fraud they perpetrated. THAT is a monumental rip-off of the millions of people thrown out of their homes -- MANY ILLEGALLY. This "deal" of Obama's keeps them all out of prison, despite the illegal signature mills they used. Recently one of the most-prolific signature mill employees was murdered. ANYTHING -- to keep their butts out of jail.

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  5. Its all just a story until the headlines show anything else. Keep projecting the Highest good and thats all that will be left for anyone. We must choose to Ride this roller coaster or Stay out The Amusement Park.

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