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Robb

(39,665 posts)
27. These five banks are forking over $26-39 billion. To settle one issue.
Thu Feb 9, 2012, 05:32 PM
Feb 2012

There is a task force in place to press a hundred others. I predict they will start with the low-hanging fruit -- origination.

I don't share your pessimism in the least. This was fluff, and both sides know it. The real fight is ahead.

The first major shot is New York’s MERS lawsuit, which is going forward with the blessing of this settlement. There are 49 more states.

Fantastic post, thank you! MrCoffee Feb 2012 #1
But I have a cat and she can't read! Better Believe It Feb 2012 #4
Ddu rec. Nt xchrom Feb 2012 #2
He's making it extremely difficult to.... SammyWinstonJack Feb 2012 #3
Stay asleep & oblivious? Kaleko Feb 2012 #5
Well, I'm glad someone likes this "arangement". bvar22 Feb 2012 #6
Business as.... Dragonfli Feb 2012 #85
Why do you want the Republicans to win? izquierdista Feb 2012 #7
Was any actual law broken by the banks or is this just one of those things that are frowned upon? FarLeftFist Feb 2012 #8
This is about abuses chowder66 Feb 2012 #9
Almost bringing down the entire world economy into a new depression might be considered an "abuse". Better Believe It Feb 2012 #14
So true! Rex Feb 2012 #49
I'm responding to you because chowder66 Feb 2012 #66
We're good! It was just a misunderstanding on my part Better Believe It Feb 2012 #73
Will anyone either on the right or the left ever give President Obama credit for doing anything? nanabugg Feb 2012 #53
Everything possible? How is this joke settlement "everything possible"? MrCoffee Feb 2012 #54
Hi nanabugg chowder66 Feb 2012 #67
I heard over and over on this board that the settlement would not let them off the hook Mojorabbit Feb 2012 #80
No, they only have to pay about $2,000 For each foreclosure fraud and homeowners can not sue. Dragonfli Feb 2012 #86
they are being accused of fraud Enrique Feb 2012 #10
nah... see, this article came out, and now people pretend to not know fascisthunter Feb 2012 #59
You're asking four different questions there MrCoffee Feb 2012 #11
Excellent post MrCoffee nt PufPuf23 Feb 2012 #21
Thanks for clearing that up. Obviously this is: FarLeftFist Feb 2012 #39
Both of those are absolutely true MrCoffee Feb 2012 #42
I would love to see a few jury trials in places like Detroit Mojorabbit Feb 2012 #81
The Robo signing was a crime. Just this past week, finally, at last, sabrina 1 Feb 2012 #20
Civil courts can't "land people in jail." They've been given only civil immunity on robo-signing. Robb Feb 2012 #22
It's not clear in the article, that the immunity from charges re robo-signing sabrina 1 Feb 2012 #40
Unless I am mistaken jsmirman Feb 2012 #63
I know they are not off the table for most of the criminal activities, but sabrina 1 Feb 2012 #68
It was actual fraud. fasttense Feb 2012 #89
This will continue until we get the money out of politics. woo me with science Feb 2012 #12
And we seem to be going in the opposite direction on that issue also. There is sabrina 1 Feb 2012 #46
Occupy is THE ONLY way fascisthunter Feb 2012 #60
What did you expect? hifiguy Feb 2012 #13
We may have to hold more than our nose. Better Believe It Feb 2012 #16
I disagree, apparently. Robb Feb 2012 #15
This was the lawsuit. It's now a done deal. Not a very good one. Better Believe It Feb 2012 #18
No, this was a single settlement. Come on now. Robb Feb 2012 #19
So post information on all of the other lawsuits that are being litigated. They must be big ones! Better Believe It Feb 2012 #50
well done! fascisthunter Feb 2012 #61
That's some misplaced smugness, considering one of them is already mentioned in this thread. Robb Feb 2012 #69
And there are so many things wrong with that one issue it's hard to keep track of them all MrCoffee Feb 2012 #23
These five banks are forking over $26-39 billion. To settle one issue. Robb Feb 2012 #27
They are absolutely NOT forking over anywhere near that MrCoffee Feb 2012 #28
Those five banks are setting aside reserves. Robb Feb 2012 #33
The expected cost does not include the write-down/refi MrCoffee Feb 2012 #35
Really? So in your mind, Obama is giving hell to the big bankers? DisgustipatedinCA Feb 2012 #29
And "immunity against civil suits on robosigning" is equally nothing. Robb Feb 2012 #32
Please post credible links on the "real fight ahead"lawsuit. Better Believe It Feb 2012 #51
You have an opportunity to self-delete this post and save face. Robb Feb 2012 #70
So that's the really big ground braking lawsuit we need to watch and should ignore this settlement? Better Believe It Feb 2012 #74
Very dishonest, not at all what I said. You said "this was the lawsuit. It's now a done deal." Robb Feb 2012 #75
OK Let's see your links to the other 49 lawsuits that matter. Better Believe It Feb 2012 #91
You're going to have to kick your own propaganda today. Robb Feb 2012 #94
Organized corporate crime pays in the USA. PufPuf23 Feb 2012 #17
Well said. nt woo me with science Feb 2012 #99
I think I'll check the analysis from other sources. MineralMan Feb 2012 #24
The blue link bank is already being built MrCoffee Feb 2012 #25
Well said. n/t FSogol Feb 2012 #30
BBI didn't analyze anything. Links were posted. You have no space to talk about unreliability DisgustipatedinCA Feb 2012 #31
He or she chose the articles to post. I find those sources to be unreliable. MineralMan Feb 2012 #34
Several glaring self-contradictions stand out Kaleko Feb 2012 #62
Read my posts on DU. MineralMan Feb 2012 #64
This message was self-deleted by its author sabrina 1 Feb 2012 #78
Those sources are extremely popular progressive sources and always have sabrina 1 Feb 2012 #79
Popular does not always equal accurate. MineralMan Feb 2012 #93
Well, all of that can certainly be said of most or what makes up our current sabrina 1 Feb 2012 #97
you got thrown out of FR DisgustipatedinCA Feb 2012 #100
Yes, I was banned there after I left. MineralMan Feb 2012 #101
Reads like a personal attack. nt Romulox Feb 2012 #36
It's not. It's an attack on the sources. MineralMan Feb 2012 #37
Another distortion of what you actually wrote - plain to see for everyone. Kaleko Feb 2012 #52
Please enjoy yourself. You'll find plenty of my posts to examine. MineralMan Feb 2012 #65
Let's see now.. Kaleko Feb 2012 #72
Right, these sources are just not up to your meticulous standards. girl gone mad Feb 2012 #58
Kicked and recommended. Uncle Joe Feb 2012 #26
Now we don't just micromanage the President, we micromanage federal prosecutors treestar Feb 2012 #38
Your argument is "We can't possibly hope to understand this, so it must be good"? MrCoffee Feb 2012 #41
The argument is even worse than that brentspeak Feb 2012 #43
The willful ignorance is staggering MrCoffee Feb 2012 #44
And to use that willful ignorance as a club Kaleko Feb 2012 #82
For all those who were wrongfully foreclosed on and lost their homes, sabrina 1 Feb 2012 #84
k&r jannyk Feb 2012 #45
Quoting from a blog now?? Major Hogwash Feb 2012 #47
Still laughing? MrCoffee Feb 2012 #48
+1 xiamiam Feb 2012 #55
This message was self-deleted by its author Better Believe It Feb 2012 #56
MSNBC: Mortgage settlement leaves most homeowners to fend for themselves Better Believe It Feb 2012 #57
More Hope And Cave... WillyT Feb 2012 #71
And here I am trying to start my life over from the collapse in the housing mmonk Feb 2012 #76
Kick woo me with science Feb 2012 #77
Banksters Win Again, Regular Folks Lose As Usual colsohlibgal Feb 2012 #83
The talking point is: Don't worry there are a lot more lawsuits pending! Better Believe It Feb 2012 #92
k&r Starry Messenger Feb 2012 #87
Wow. Thank you for posting this. Rec #45 inna Feb 2012 #88
So. Did Schneiderman sell out? Or, as he said last night on annabanana Feb 2012 #90
Good news for the victims of mortgage fraud and BBI hates it. tridim Feb 2012 #95
Right. Wall Street has lost and the people who have been thrown out of their homes have won! Better Believe It Feb 2012 #102
I'm a victim of mortgage fraud, and I'm happy with the settlement. tridim Feb 2012 #103
I understand your economic desperation. But you would be far better off with a settlement that's . Better Believe It Feb 2012 #106
k&r Cameron27 Feb 2012 #96
Kick woo me with science Feb 2012 #98
What the settlement really says: mfcorey1 Feb 2012 #104
AG Settlement Ends Robo-Signing and Provides a Model for Preventing Foreclosures Swede Feb 2012 #105
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