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Saturday, December 18, 2010

Bank of America, corporate criminal

Bank of America is being sued by two states for fraud against its mortgage customers.

And Bank of America is being investigated for its mortgage foreclosure practices. The probes include a 50-state investigation that is also looking at JPMorgan Chase & Co, Ally Financial and other major mortgage servicers.

Bold prediction: Not a soul will go to prison.

http://news.yahoo.com/s/nm/20101217/bs_nm/us_bofa_lawsuit

1 comment:

  1. Congrats on your site, Matt! I just read about it on WataugaWatch. I am heading now to post on the school board shooting thread, as there is a different camera angle which blatantly conflicts with the official story released in the press.

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