Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Chris Hayes said bank regulators were going to undercut the 50 states attornies general

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 12:22 AM
Original message
Chris Hayes said bank regulators were going to undercut the 50 states attornies general
in giving the banks an ali ali in free for the fraudulent activities they have practiced in repoeing properties that homeowners, in some cases, weren't even behind on their payments. WTF! Big WTF. Comptroller of the Currency. WTF!
Printer Friendly | Permalink |  | Top
gateley Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 12:28 AM
Response to Original message
1. I know! I heard that! And agree -- another WTF! moment! This sucks -- who ARE
the Federal Regulators anyway?
Printer Friendly | Permalink |  | Top
 
lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 12:48 AM
Response to Reply #1
4. Comptroller of the Currency, Federal Reserve and Office of Thrift Supervision
Printer Friendly | Permalink |  | Top
 
Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 12:31 AM
Response to Original message
2. Just more highway robbery in plain site. We are a mockery of
what we once were. 2000 destroyed pretty much everything we could depend on as a safeguard for our society imo. Nixon gave it a push and Reagan took a butchers knife to it. We don't even pretend to be law abiding anymore. Just the citizenry.
Printer Friendly | Permalink |  | Top
 
ejpoeta Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 05:28 AM
Response to Reply #2
10. what's telling is how they don't even try to hide it anymore. the blatant
nature of how they act and the things they do is the most telling.
Printer Friendly | Permalink |  | Top
 
LiberalAndProud Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 12:34 AM
Response to Original message
3. What he's talking about.
http://www.automatedtrader.net/real-time-dow-jones/5539...

UPDATE: Lenders Near Pacts With US Bank Regulators In Foreclosure Probe

Fourteen U.S. lenders are on the verge of agreements with federal bank regulators to overhaul their handling of foreclosures and treatment of delinquent borrowers in response to allegations of abuses that emerged last fall.

Regulators including the Office of the Comptroller of the Currency, Federal Reserve and Office of Thrift Supervision could announce the agreements with the banks and thrifts as early as next week, though a date wasn't final, according to people familiar with the matter

-snip-

Two House Republicans, Reps. Spencer Bachus (R., Ala.) and Shelley Moore Capito (R., W.Va.), argued in a letter last week that the bureau overstepped its authority by getting "deeply involved" in the talks.
They pointed to a draft of a confidential document from the consumer bureau in which the bureau seems to suggest that the settlement require the largest mortgage servicers to modify a specific number of mortgages and provide borrowers relief.
On Monday, Elizabeth Warren, the Obama administration official charged with setting up the consumer bureau, defended the bureau's role in the ongoing mortgage settlement talks and added that she's "proud" to offer advice on the matter.
"To the extent that we can be helpful in holding to account servicers that have violated the law and in repairing the damage they caused, we are proud to do so," Warren wrote in a letter to the lawmakers.

Printer Friendly | Permalink |  | Top
 
bbgrunt Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 01:37 AM
Response to Reply #3
9. et tu lizzie?
Printer Friendly | Permalink |  | Top
 
avaistheone1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 12:53 AM
Response to Original message
5. The rate our country is unraveling seems to be gaining great speed.
wtf
Printer Friendly | Permalink |  | Top
 
Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 12:56 AM
Response to Reply #5
6. It was always a slippery slope, yet they all knew at the bottom
was a bottomless pit. Just remember they want to take us all along with them...like the Titanic sinking and instead of getting lifeboats, they handcuff us to the railing and say, "get ready we can ride this one out." I believe the economics of Early Cuyler comes to mind.
Printer Friendly | Permalink |  | Top
 
EFerrari Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 01:18 AM
Response to Original message
7. Of course they are. Which is why it was farmed out to the states
in the first place.
Printer Friendly | Permalink |  | Top
 
bbgrunt Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 01:35 AM
Response to Original message
8. truly a WTF moment.
Printer Friendly | Permalink |  | Top
 
lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 10:35 AM
Response to Reply #8
11. Indeed.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sat Oct 25th 2014, 11:56 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC