Tag Archives: fines
BILL BUTLER: FORECLOSURE FRAUD AND SECURITIZATION IN A (VERY PRECISE) NUTSHELL
Some great articles by Bill Butler at Liberty Law, who knows a thing or two about securitization and foreclosure fraud, as he won one of the first (if not the first) lawsuits over securitization in 1996. Butler has been railroaded … Continue reading
I SMELL A SETTLEMENT–BUT CONVENTIONAL WISDOM IS CHANGING FOR THE BETTER
So the so-called regulators have gotten in on the Wells Fargo debacle: “…four major watchdogs have taken notice. New York’s attorney general, the Consumer Financial Protection Bureau, the New York State Department of Financial Services and the United States Trustee … Continue reading
FINES AREN’T FINE: JP MORGAN CHASE AND QE
So JP Morgan Chase is being fined again for essentially colluding with Bernie Madoff. Ho hum–big deal. Well, for them anyway. Because even though the latest $2 billion fine–according to Marketplace–“brings the grand total of fines JPM has paid in … Continue reading