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nvme

(860 posts)
Fri Jan 13, 2012, 05:52 AM Jan 2012

Attorneys General, Frustrated With National Foreclosure Settlement, Consider Alternate Course

The HUFFINGTON POST REPORTED "Attorneys general or representatives from nearly 15 states met in Washington, D.C., on Tuesday to discuss and share different enforcement options and strategies around various mortgage-related issues, according to sources familiar with the conversation"

http://www.huffingtonpost.com/mobileweb/2012/01/12/attorney-general-foreclosure-settlement-eric-schneiderman-beau-biden_n_1202643.html
What I fail to understand is WhY are they not being Charged under the RICO Statuate? OF all these Lackeys of Attorneys General offices not one is willing to take a big gamble at going for higher office? If one of these toads ever decided to push the issue then they would not only increase the leverage of the states bargaining position on fines fees and/penalties, but they could also launch the next phase in their political aspirations.

Having ROBO Signers and others who fabricated documentation seems like an obvious case of Fraud. (I am not a lawyer and my fellow DU bretheren will gladly point out any flaws in my post). I am curious to know if any of the Attorneys General did pursue Criminal Cases using RICO.
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Attorneys General, Frustrated With National Foreclosure Settlement, Consider Alternate Course (Original Post) nvme Jan 2012 OP
I looked up the link for your story OKNancy Jan 2012 #1
Thanks for your help nvme Jan 2012 #4
Also refers to Tuesday so not LBN anyway. dipsydoodle Jan 2012 #6
You do realize they have to prosecute the robo signers first right? dkf Jan 2012 #2
Always nvme Jan 2012 #3
Personally I don't think they are going to be able to prosecute anyone meaningful. dkf Jan 2012 #5
WealthyCorps = "Get out of Jail Free" card = National Disgrace FreakinDJ Jan 2012 #7

OKNancy

(41,832 posts)
1. I looked up the link for your story
Fri Jan 13, 2012, 05:57 AM
Jan 2012

Please, in the future provide a link to the articles you post. This is also listed as 13 hours old, but I'm going to let that pass.
Here is the link for those interested in reading the entire article.

http://www.huffingtonpost.com/mobileweb/2012/01/12/attorney-general-foreclosure-settlement-eric-schneiderman-beau-biden_n_1202643.html

 

dkf

(37,305 posts)
2. You do realize they have to prosecute the robo signers first right?
Fri Jan 13, 2012, 06:01 AM
Jan 2012

It's the little guys that are going down first.

nvme

(860 posts)
3. Always
Fri Jan 13, 2012, 06:04 AM
Jan 2012

YEs but a middle manager never signs on to go to prison so they are going to give someone up. those fat cats make a plea and spend their weekends on minimum security prisons. Hey any time they spend in jail is less time they have for ripping people off

 

dkf

(37,305 posts)
5. Personally I don't think they are going to be able to prosecute anyone meaningful.
Fri Jan 13, 2012, 06:07 AM
Jan 2012

It's a bit far to get Jamie Dimon for what some clerk was doing. I don't know if a jury could make that leap.

 

FreakinDJ

(17,644 posts)
7. WealthyCorps = "Get out of Jail Free" card = National Disgrace
Fri Jan 13, 2012, 07:57 AM
Jan 2012

That is what I am so angry with the Obama administration about. This is a National Disgrace.

America the Free with Justice for All

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