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President Barack Obama’s “Consumer Czar” Elizabeth Warren was appointed by Obama to help set up and, many fear, to eventually run the new Consumer Financial Protection Bureau (CFPB). In March 2011, Warren testified to Congress about the CFPB’s role in a 50-state settlement underway with the nation’s largest mortgage lenders related to alleged improper foreclosure procedures.
Through the Freedom of Information Act (FOIA) and the open records laws of the states, Judicial Watch obtained documents that show that Warren’s and the CFPB’s involvement in the mortgage settlement negotiations is much greater than she told Congress. Following the release of these documents, the House Financial Services Committee and the Oversight and Government Reform Committee sent a letter to Department of the Treasury Secretary Timothy Geithner requesting more documents regarding the mortgage settlement.
An unlicensed practictioner of law was going to be put in charge of the Consumer Financial Protection Bureau?
.
An unlicensed practictioner of law was going to be put in charge of the Consumer Financial Protection Bureau?
.
I believe she has a valid license, just not for mass.
An unlicensed practictioner of law was going to be put in charge of the Consumer Financial Protection Bureau?
.
I believe she has a valid license, just not for mass.
An unlicensed practictioner of law was going to be put in charge of the Consumer Financial Protection Bureau?
.
See Section 83.5.3(b)
(b) Other Attorneys. An attorney who is a member of the bar of any United States District Court or the bar of the highest court of any state may appear and practice in this court in a particular case by leave granted in the discretion of the court, provided he files a certificate that (1) he is a member of the bar in good standing in every jurisdiction where he has been admitted to practice; (2) there are no disciplinary proceedings pending against him as a member of the bar in any jurisdiction; and (3) he is familiar with the Local Rules of the United States District Court for the District of Massachusetts; and provided further, his application for leave to practice in this court is on motion of a member of the bar of this court, who shall also file an appearance. An attorney seeking admission under this subsection may not enter an appearance or sign any papers until his application has been granted, except that the attorney may sign a complaint or any paper necessary to prevent entry of default for failure to answer or otherwise plead, provided such complaint or other paper is accompanied by his application for admission in proper form.
She doesn't need a Mass bar to work a federal case. However, sh'es still a fraud.
See Section 83.5.3(b)
(b) Other Attorneys. An attorney who is a member of the bar of any United States District Court or the bar of the highest court of any state may appear and practice in this court in a particular case by leave granted in the discretion of the court, provided he files a certificate that (1) he is a member of the bar in good standing in every jurisdiction where he has been admitted to practice; (2) there are no disciplinary proceedings pending against him as a member of the bar in any jurisdiction; and (3) he is familiar with the Local Rules of the United States District Court for the District of Massachusetts; and provided further, his application for leave to practice in this court is on motion of a member of the bar of this court, who shall also file an appearance. An attorney seeking admission under this subsection may not enter an appearance or sign any papers until his application has been granted, except that the attorney may sign a complaint or any paper necessary to prevent entry of default for failure to answer or otherwise plead, provided such complaint or other paper is accompanied by his application for admission in proper form.
She doesn't need a Mass bar to work a federal case. However, sh'es still a fraud.
Boston's 96.9 FM radio program "Jim and Margery" Elizabeth Warren statement comes as a surprise to the law firm of Simpson, Thacher, and Bartlett, which listed her as "of counsel" in the 2009 brief they submitted to the United States Supreme Court on behalf of their client, Travelers Insurance.
Feb 27, 1995 TIME: CLINTON PROPOSES BANKING REFORMS - The Clinton Administration proposed sweeping changes in the nation's banking system that would permit commercial banks to sell insurance and underwrite securities. Treasury Secretary Robert Rubin outlined the new proposal, which would allow banks to "affiliate" with Wall Street firms, insurance companies and other financial service providers. It would repeal several federal restrictions, including the Depression-era Glass Steagall Act, which forbids banks from underwriting securities or selling insurance.
New York Times Feb 27, 1995 White House Is Joining in Efforts To Loosen the Limits on Banking - The Clinton Administration plans to call this week for legislation that would allow commercial banks, securities firms and insurance companies to merge, forming giant financial services companies that would offer everything from checking accounts to mutual funds and life insurance, Federal officials say.
In a speech prepared for delivery in New York on Monday and in Congressional testimony scheduled for Wednesday, Treasury Secretary Robert E. Rubin will urge Congress to repeal the Depression-era Glass-Steagall Act, the officials said. For more than 60 years, the law has forced financial concerns to choose between owning commercial banks or owning securities companies like brokerage firms and investment banks, but not both.
Mr. Rubin also plans to call for broad changes in the Bank Holding Company Act of 1956, which has effectively barred most financial concerns from owning both commercial banks and insurance companies, said the Federal officials, who spoke on condition of anonymity. Mr. Rubin's speech will represent the first time that the Administration has taken a position on eliminating the legal and regulatory barriers among financial industries.
Regulatory changes in recent years have already allowed commercial banks, like Citibank, to begin selling stocks and mutual funds on a limited basis. But the Glass-Steagall Act still bars Citibank, for example, from merging with a brokerage firm like Merrill Lynch or an investment bank like Goldman, Sachs, which provides corporate investment advice and helps companies issue stock. The Bank Holding Company Act bars Citibank fom merging with a big insurance company like Prudential.
The Administration's plan would allow such deals, provided they complied with antitrust laws. The plan would pave the way for new consolidation in the financial system.
Nov 13, 1999 New York Times: Clinton Signs Legislation Overhauling Banking Laws - President Clinton signed into law today a sweeping overhaul of Depression-era banking laws. The measure lifts barriers in the industry and allows banks, securities firms and insurance companies to merge and to sell each other's products.
''This legislation is truly historic,'' President Clinton told a packed audience of lawmakers and top financial regulators. ''We have done right by the American people.''
The bill repeals parts of the 1933 Glass-Steagall Act and the 1956 Bank Holding Company Act to level the domestic playing field for United States financial companies and allow them to compete better in the evolving global financial marketplace.
''With this bill,'' Treasury Secretary Lawrence H. Summers said, ''the American financial system takes a major step forward toward the 21st Century -- one that will benefit American consumers, business and the national economy.''
Time: 25 People to Blame for the Financial Crisis - President Clinton's tenure was characterized by economic prosperity and financial deregulation, which in many ways set the stage for the excesses of recent years. Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods. It is the subject of heated political and scholarly debate whether any of these moves are to blame for our troubles, but they certainly played a role in creating a permissive lending environment.
An unlicensed practictioner of law was going to be put in charge of the Consumer Financial Protection Bureau?
.
I believe she has a valid license, just not for mass.
Elizabeth Lie-a-watha Warren, the fake Indian is also a fake attorney...big surprise!
Speaking to Boston's 96.9 FM radio program "Jim and Margery" on Monday, Democratic Senate challenger Elizabeth Warren admitted that she is not licensed to practice law in Massachusetts.
According to reports from listeners, she claimed that she does not maintain a law practice. She also "said that she gave up her New Jersey license because she could not keep up with the Continuing Education requirements," according to one listener who commented on Breitbart's Monday story, "Does Elizabeth Warren Have a Law License Problem?".
Ms. Warren's statement comes as a surprise to the many clients she's provided legal services to over the past decade, including the law firm of Simpson, Thacher, and Bartlett, which listed her as "of counsel" in the 2009 brief they submitted to the United States Supreme Court on behalf of their client, Travelers Insurance.
An unlicensed practictioner of law was going to be put in charge of the Consumer Financial Protection Bureau?
.
I believe she has a valid license, just not for mass.
Which means it is a felony for her to practice law out of an office located at Cambridge, MA... PERIOD.
Elizabeth Lie-a-watha Warren, the fake Indian is also a fake attorney...big surprise!
Speaking to Boston's 96.9 FM radio program "Jim and Margery" on Monday, Democratic Senate challenger Elizabeth Warren admitted that she is not licensed to practice law in Massachusetts.
According to reports from listeners, she claimed that she does not maintain a law practice. She also "said that she gave up her New Jersey license because she could not keep up with the Continuing Education requirements," according to one listener who commented on Breitbart's Monday story, "Does Elizabeth Warren Have a Law License Problem?".
Ms. Warren's statement comes as a surprise to the many clients she's provided legal services to over the past decade, including the law firm of Simpson, Thacher, and Bartlett, which listed her as "of counsel" in the 2009 brief they submitted to the United States Supreme Court on behalf of their client, Travelers Insurance.
Fake attorney, because she doesn't maintain a state license? Are you really this petty? She teaches law, and that doesn't require a license. In that capacity, he has every right to consult with firms who want her services.
What a fucked up thread.
An unlicensed practictioner of law was going to be put in charge of the Consumer Financial Protection Bureau?
.
I believe she has a valid license, just not for mass.
Which means it is a felony for her to practice law out of an office located at Cambridge, MA... PERIOD.
I believe she has a valid license, just not for mass.
Which means it is a felony for her to practice law out of an office located at Cambridge, MA... PERIOD.
I am not a law expert. But from what I've read, it is legal to give council, and to practice federal cases out of that office. Now if she were taking on mass. cases, that would be illegal.