Banks may be getting their comeuppance anyway.

[marine4003]

enjoy having a conversation with yourself dipwad?

[longfisher]

enjoy having a conversation with yourself dipwad?

Moron, it doesn't surprise me that none of the far right wing nutcases on this board have welcomed the application of the rule of law to the foreclosure mess with the ramifications that the Bankers might be faced with the tidings of their ill deeds.

No on, and I do mean absolutely no one, in the national conservative movement has endorsed these investigations and lawsuits. So, you have no one to instill this in your heads and you certainly can't think for yourselves. So, it's silent here.

The Banksters and their co-conspirators (real estate companies, mortgage companies, rating companies, Wall Street) orchestrated one of the most egregious criminal conspiracies in American history and brought the economy of the entire world to its knees. But because they're, in general, right wingers you decline to take exception to what they did.

Your silence speaks volumes to your hypocrisy. Unless its a crime by Democrats and particularly by that rather tanned man in the White House you just can't seem to rouse yourselves to indignation. Hell, you don't even notice.

Perfect hypocrisy.

Your characters are utterly flawed. And, you call yourselves "value voters" and for all the world you deem yourselves the protectors of our precious freedoms. You're nothing but partisans...of the most reprehensible sort.

LongFisher

[longfisher]

Here's a great article that shows that those financial institutions both here and abroad (and probably most importantly our own Federal Agencies) are going to do great harm to the Banksters in court.

http://blogs.forbes.com/schifrin/201...echannelforbes

It looks like the Europeans in particular, are gunning for BoA and Citi. They took one Hell of a beating from those subprime mortgages and they don't answer to that lily-livered Obama.

Also, it's looks like Fanny Mae and Freddy Mac are getting into gear to sue the mortgage processors, notably Countrywide now owned by BoA. Essentially, they want to return subprime mortgages to the banks as their contract with the banks allows them to do so for any fraudulent loans, of which there were millions.

Another intersting item is that, whereas most of those who seek to challenge the banksters must do so via a lawsuit and hope that the process of discovery allows them to obtain the needed records, Mac and Mae are Federal agencies with subpoena power. And, they've been using that power to get the loan records they need.

This is going to get really, really ugly for the banks as just about everyone who was wrongs (but perhaps for the hapless homeowner) is going to be coming at the banks. Already, their share prices are way down and sliding ever-lower.

It's not unreasonable to forecast the failure of Citi and BoA even now. Ally and others may follow.

Get your money out of those banks, including credit cards and lines of credit NOW!

LongFisher