Mortgage Fraud Settlement: A decade of fraud in exchange for immunity? Our pleasure!
There is a 10 trillion dollar fraud perpetrated over a decade. What is the appropriate action?
A) send the CEOs to jail. As if!
B) claw back every bit of their ill gotten gains– not going to happen!
C) give every one immunity — interesting…
D) come up with a number that sounds really big for a settlement
Or E) C and D…
Check out these related articles:
>L.A. Times: Mortgage settlement is great — for politicians and banks
>Obama administration brokers pro-bank mortgage fraud settlement
>What the foreclosure, mortgage fraud settlement means