banks cheated Vets

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Suit alleges banks and mortgage companies cheated veterans and U.S. taxpayers - The Washington Post



The suit accuses the companies, including Wells Fargo, Bank of America, J.P. Morgan Chase and GMAC Mortgage, of engaging in “a brazen scheme to defraud both our nation’s veterans and the United States treasury” of millions of dollars in connection with home loans guaranteed by the Department of Veterans Affairs.



“This is a massive fraud on the American taxpayers and American veterans,” James E. Butler Jr., one of the lawyers bringing the suit, said Tuesday.

Tens of thousands of the VA loans have gone into default or resulted in foreclosures, resulting in “massive damages” to the U.S. government, the suit alleges. The faulty loans will cost taxpayers hundreds of millions of dollars, with the costs rising as more VA loans go into default, according to the suit.
 
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this is why people are occupying wallstreet
 

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Suit alleges banks and mortgage companies cheated veterans and U.S. taxpayers - The Washington Post



The suit accuses the companies, including Wells Fargo, Bank of America, J.P. Morgan Chase and GMAC Mortgage, of engaging in “a brazen scheme to defraud both our nation’s veterans and the United States treasury” of millions of dollars in connection with home loans guaranteed by the Department of Veterans Affairs.



“This is a massive fraud on the American taxpayers and American veterans,” James E. Butler Jr., one of the lawyers bringing the suit, said Tuesday.

Tens of thousands of the VA loans have gone into default or resulted in foreclosures, resulting in “massive damages” to the U.S. government, the suit alleges. The faulty loans will cost taxpayers hundreds of millions of dollars, with the costs rising as more VA loans go into default, according to the suit.
Good post!!

But in the end, the banks pay the fine or award and continue unabated. I wonder if democrats will step in again and insist these guys get bonuses too.
 
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This is why you get the money out.

They own every politician because they can not get elected without them in their corner.

They backed Obama because they saw how many real Americans were lining up behind him.

That is what they do.

They get there fingers on them right away.

Anyone the right puts up will be prebought for sure.

The right is easy to buy they already do the banksters bidding
 

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This is why you get the money out.

They own every politician because they can not get elected without them in their corner.

They backed Obama because they saw how many real Americans were lining up behind him.

That is what they do.

They get there fingers on them right away.

Anyone the right puts up will be prebought for sure.

The right is easy to buy they already do the banksters bidding
We know the current pres has been bought.

But you are only concerned with what might be while voting for continued corruption.

Does that about sum it up?
 

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You do realize there is a different between accusations and facts right?
 

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I say we just hand them over to the occupy crowd and let justice be served.
 

saveliberty

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I say we just hand them over to the occupy crowd and let justice be served.
Yes, mob rule and no due process. You would fit right in with all the other thugs occupying Wall Street.
 
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The republican party touts policy that is perfectly in line with the banksters for a reason.


The dem platform is NOT in line with the banksters is it?


Why do you people vote and donate to the very people who do their bidding with a smile?
 

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The republican party touts policy that is perfectly in line with the banksters for a reason.


The dem platform is NOT in line with the banksters is it?


Why do you people vote and donate to the very people who do their bidding with a smile?
If it isnt, Why did the Obama admin hire so many from the failed institutions?
 
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they will steal from our vets and you people continue to do their bidding.

WHY????
 
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The republican party touts policy that is perfectly in line with the banksters for a reason.


The dem platform is NOT in line with the banksters is it?


Why do you people vote and donate to the very people who do their bidding with a smile?
If it isnt, Why did the Obama admin hire so many from the failed institutions?
Why does your party fight EVERY attempt to regulate these criminals?
 

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The republican party touts policy that is perfectly in line with the banksters for a reason.


The dem platform is NOT in line with the banksters is it?


Why do you people vote and donate to the very people who do their bidding with a smile?
If I remember correctly most Democrats in Congress voted FOR the bailouts and stimulus funds. Obama's crew determined how it would be distributed. Many Republicans voted AGAINST the Stimulus Bill.
 
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The stim has nothing to do weeith this you fool.

The tarp was done by your guys and they refused to put in any criteria for the banks to follow to recieve the money.
 

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