Posts Tagged ‘SEC’
Sunday, January 29th, 2012
New York Attorney General Eric Schneiderman
We here at the South Florida Law Blog decided to clock in a few hours this weekend, because if we didn’t we’d probably fall behind President Obama’s new man-in-the trenches Eric Schneiderman.
President Obama only announced this new investigative unit during Tuesday’s State of the Union, yet the “check”, or in this case the subpoena, is already in the mail.
If you were skeptical that Obama was still interested in the status-quo when it comes to the banks and doing business, may we present Exhibit A.
Eric Schneiderman is turning himself into a modern-day Elliot Ness.
You remember Ness don’t you?
The federal agent whose team of “Untouchables” couldn’t be bought off and helped bring down Al Capone?
Schneiderman too has the era of a man who will not be co-opted. If anyone can stay above the fray and not be reeled in by the banks and their money, he can.
Investigation Going After Cause of Housing Crisis
Schneiderman has stood up to the President before, openly opposing the settlement agreement that we here at the South Florida Law Blog have railed against. And now he is Obama’s point man for placing blame and creating accountability for causing the worst economic crisis in the US since the Depression.
Elliot Ness
The Huffington Post is reporting that outside of claims directly relating to robo-signing fiasco, the banks will not be released from the threat of prosecution for the vast majority of securities-related crimes.
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Tags: banking, Deconstruction the Black Magic of Securitized Trusts, economics, elliot, elliot ness, eric, Eric Scheniderman, eric schneiderman, federal reserve system, finance, fraud, housing crisis, IRS, mortgage backed security, mortgages, ness, New York Attorney General Eric Schneiderman, Obama, rampant, robo signing, Roy Oppenheim, schneiderman, SEC, securitization, securitized, securitized trust, South Florida, South Florida Law Blog
Posted in Eric Schneiderman, Florida foreclosures, Florida Law News, Foreclosure Fraud, Huffington Post, Mortgage Bankers Association, Residential Mortgage-Backed Securities Working Group, Underwater Mortgage |
Friday, April 15th, 2011
Who would ever have thought that the most respected names on Wall Street would cheat the house by playing with a marked deck?
Dear Wall Street: We’re not in Vegas anymore! The Sin City “players” of Wall Street might be trading in the fancy hotel rooms for prison cells.
The SEC is now following the Federal Reserve and the Senate is chastising Wall Street for effectively causing the economic crisis. The Securities and Exchange Commission today announced that they too will be joining the bandwagon and fining the major banks on Wall Street for fraudulently causing the worst economic meltdown since the Great Depression. They follow on the heels of the Federal Reserve and the United States Senate in lambasting the “banksters”.
Nearly 2
Tags: AC360, Anderson Cooper, bank fraud, Bernie Madoff, CNN, Main Street, Matt Taibbi, Rolling Stone Magazine, Roy Oppenheim, SEC, Securites and Exchange Commision, wall street
Posted in AC 360, Anderson Cooper, Bank Fraud, CNN, Florida foreclosures, Florida real estate, Foreclosure Defense, Foreclosure Fraud, From the Heart, International News |
