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Octafish

(55,745 posts)

34. It's about time Wall Street catches a break.

Reply to cal04 (Original post)

Thu Feb 9, 2012, 09:08 AM

Feb 2012

Whose stolen money do these politicians think it is?

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National Mortgage Settlement All But Inevitable As California, New York Join Deal [View all] cal04 Feb 2012 OP

who says crime doesn't pay? anybody who broke the law in all this is gonna skate home free nt msongs Feb 2012 #1

This is a civil penalty, not criminal bhikkhu Feb 2012 #20

I hope this is not another case nineteen50 Feb 2012 #2

Well of course it is. fasttense Feb 2012 #36

Schneiderman and Harris caved to White House pressure. If this doesn't prove to everyone that the Citizen Worker Feb 2012 #3

The State AG's had a couple of years to pursue damages on their own and they failed. banned from Kos Feb 2012 #4

Wonder if Schneiderman put some teeth in the deal. hay rick Feb 2012 #5

That's fucking disappointing. nt jannyk Feb 2012 #6

It is but also, predictable I guess. EFerrari Feb 2012 #12

The people have been sold out once again DJ13 Feb 2012 #7

Kicking and reccing only because the story is too damned important to drop nt riderinthestorm Feb 2012 #8

I'm going to hold on my reaction until I find out whether this is a JDPriestly Feb 2012 #9

The last one gave them immunity. Write a check and walk. Ruby the Liberal Feb 2012 #11

Civil, not criminal, and only for certain activity bhikkhu Feb 2012 #22

Just what we have been saying since the SOTU. Ruby the Liberal Feb 2012 #10

That's my guess. Another good guy bought off. n/t arendt Feb 2012 #17

Waiting to see final agreement, and what Delaware's Beau Biden does. elleng Feb 2012 #13

...ditto to what you said! SoapBox Feb 2012 #21

All this PP/contraception smoke to distract from this GIANT SELLOUT. arendt Feb 2012 #14

This May Not Be All There Is lefairhill06 Feb 2012 #15

You are saying this is NOT the $25 B chump change settlement of ALL mortgage fraud? arendt Feb 2012 #16

No - this is the $25b settlement. Ruby the Liberal Feb 2012 #19

They are separate, but until Schneiderman was hand picked for the new commission Ruby the Liberal Feb 2012 #18

Not Such Small Stuff lefairhill06 Feb 2012 #25

Translation: crooks keep money, promise to obey new rules (hahahaha) arendt Feb 2012 #31

So is this deal going to finally help the people who lost their homes? jwirr Feb 2012 #23

No, this is them paying a fine for a small fraction of the fraud and getting immunity Dragonfli Feb 2012 #26

I certainly hope we all wake up from this nightmare one of these days. I should have known better. jwirr Feb 2012 #38

no, those people are screwed 2pooped2pop Feb 2012 #33

Yes, $2000 per foreclosure. From the NY Times: banned from Kos Feb 2012 #35

$2,000 for being fraudulently forced out of your home? Really a whole big $2,000? fasttense Feb 2012 #37

Oh, for cripes sake. $2,000 is monthly rent on a small one-bedroom. closeupready Feb 2012 #39

K&R midnight Feb 2012 #24

We Bailed out the Banks Who Doubled Down & Are Now Settling for Peanuts & no Criminal Penalty solarman350 Feb 2012 #27

"The DOJ has yet to prosecute ANYONE criminally responsible for the "Mortgage Crisis." says it all. arendt Feb 2012 #32

Break out the pitchforks! Fuddnik Feb 2012 #28

Election year payolla JJW Feb 2012 #29

As usual.. sendero Feb 2012 #30

It's about time Wall Street catches a break. Octafish Feb 2012 #34

People lose houses and credit rating Banks pay a pittance lovuian Feb 2012 #40

Nooo kenfrequed Feb 2012 #41

Message auto-removed Name removed Jan 2014 #42