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We need justice on foreclosure fraud - Boulder Weekly

2013-05-22T13:00:00.001-04:00

We need justice on foreclosure fraud - Boulder Weekly

We need justice on foreclosure fraudBoulder WeeklyInvestigative reporter David Dayen calls foreclosure fraud “the largest consumer fraud in the history of the United States.” He cites “multitudes of evidence about fake documents, forged documents, illegal foreclosures, foreclosures on military members ...

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Hundreds of Non-Union Workers With Taxpayer-Supported Jobs Plan to Strike Today

2013-05-22T12:15:00.001-04:00

Hundreds of Non-Union Workers With Taxpayer-Supported Jobs Plan to Strike Today

Josh EidelsonA new study says nearly 2 million workers with taxpayer-supported jobs make $12 per hour or less.

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The Homeland Security Apparatus: Fusion Centers, Data Mining and Private Sector Partners

2013-05-22T11:45:00.001-04:00

The Homeland Security Apparatus: Fusion Centers, Data Mining and Private Sector Partners

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Cole Out, Raman In for House Hearing on Too Big to Fail

2013-05-22T10:30:00.001-04:00

Cole Out, Raman In for House Hearing on Too Big to Fail

First he was scheduled to testify. Then he wasn’t. Deputy Attorney General James Cole was scheduled to testify tomorrow before the House Financial Services’ Oversight and Investigations Committee. The title of the hearing — “Who Is Too Big to Fail: Are Large Financial Institutions Immune from Federal Prosecution?” A subcommittee spokesperson told Corporate Crime Reporter [...]The post Cole Out, Raman In for House Hearing on Too Big to Fail appeared first on Corporate Crime Reporter.

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Foreclosure Fraud Victims' Checks Bounce - PolicyMic

2013-05-22T10:00:00.001-04:00

Foreclosure Fraud Victims' Checks Bounce - PolicyMic

PolicyMicForeclosure Fraud Victims' Checks BouncePolicyMicIn the latest in a long line of mishaps in the national mortgage fiasco, the foreclosure-abuse checks mailed out in April by the Federal Reserve bounced. This debacle goes back to the wrongful foreclosing of thousands of homes around four years ago in ...

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AFR and Member Organizations Oppose HR 1062

2013-05-22T09:15:00.001-04:00

AFR and Member Organizations Oppose HR 1062

AFR joined more than a dozen organizations in sending a letter to members of Congress urging that they oppose HR 1062, the “SEC Regulatory Accountability Act”. This legislation would imperil the implementation of many important financial regulatory rules by adding numerous unnecessary procedural requirements to rulemakings by the Securities and Exchange Commission (SEC).

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Video: Police Stun Woman With Taser at Protest Outside DOJ - DCist.com

2013-05-22T07:00:00.001-04:00

Video: Police Stun Woman With Taser at Protest Outside DOJ - DCist.com

Video: Police Stun Woman With Taser at Protest Outside DOJDCist.comOn Tuesday, she was camped out in front of the Department of Justice in Washington, having been fully transformed into an activist by her experience, asking why more Pittmans have been arrested related to the foreclosure fraud crisis than top Wall ...

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Minnesota Legislature Adjourns Without Addressing Minimum Wage

2013-05-22T06:45:00.001-04:00

Minnesota Legislature Adjourns Without Addressing Minimum Wage

The 2013 legislative session in Minnesota will certainly go down in history, as that state became the first in the Midwest to approve marriage equality through the legislature. However, relief for over 300,000 minimum wage workers in Minnesota was kicked to the curb, as the session ended Monday at midnight with no action on HF 92, [...]

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Shuttered FrontPoint hedge funds sue Libor banks for $250 mln fraud

2013-05-22T05:15:00.001-04:00

Shuttered FrontPoint hedge funds sue Libor banks for $250 mln fraud

In the second recasting of the Libor litigation, Quinn Emanuel has filed a New York state-court fraud and breach of contract case against panel banks that engaged in interest rate swaps with the FrontPoint funds. The funds want $250 million in damages.

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The Bush Tax-Cut Failure

2013-05-22T04:30:00.001-04:00

The Bush Tax-Cut Failure

Ten years after George Bush's tax cut on dividends, Bruce Bartlett says even conservative economists can't defend it, including the one who pushed it through. Continue reading

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Economic Reform: America’s Answer to Deteriorating Industrial Base and Currency Devaluation

2013-05-22T04:15:00.001-04:00

Economic Reform: America’s Answer to Deteriorating Industrial Base and Currency Devaluation

By Brianna Smith May 21, 2013
Our government officials need to address our deteriorating industrial base and there must be a strategy in place that would spur job creation. “Free trade” agreements and outsourcing have all but decimated our manufacturing base. We no longer produce the goods that the U.S. needs in order to sustain itself.

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Peaceful Protester Tasered Outside DOJ While Demanding Wall Street ... - Huffington Post

2013-05-22T04:00:00.001-04:00

Peaceful Protester Tasered Outside DOJ While Demanding Wall Street ... - Huffington Post

Raw StoryPeaceful Protester Tasered Outside DOJ While Demanding Wall Street ...Huffington PostOn Tuesday, she was camped out in front of the Department of Justice in Washington, having been fully transformed into an activist by her experience, asking why more Pittmans have been arrested related to the foreclosure fraud crisis than top Wall ...Nonviolent activist tasered at DOJ while protesting for Wall Street prosecutionsRaw StoryForeclosed Homeowners Arrested While Demanding Prosecution of Bankers ...Opposing ViewsOccupy Our Homes Activists Arrested At Justice Department HeadquartersFiredoglakeDCist.comall 17 news articles »

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Prosecutors Consider Use of Organized Crime Law Against SAC - Wall Street Journal

2013-05-22T01:00:00.001-04:00

Prosecutors Consider Use of Organized Crime Law Against SAC - Wall Street Journal

Wall Street JournalProsecutors Consider Use of Organized Crime Law Against SACWall Street JournalBut the law also has been used effectively to target corrupt lawyers, Wall Street schemes such as boiler rooms, market manipulation in the case of former "junk bond" king Michael Milken, and even for insider trading. While the law is a powerful weapon ...Steven Cohen Gets Subpoena – His Hedge Fund May Be Trimmed Down to ...Jewish Business NewsSAC Capital's Cohen Receives Subpoena as US Ramps up Insider-Trading ProbeFox BusinessHedge Fund Owner Gets Subpoena to TestifyNew York TimesFINalternatives -NEWS.GNOM.ES (press release)all 65 news articles »

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Nonviolent activist tasered at DOJ while protesting for Wall Street prosecutions - Raw Story

2013-05-21T22:00:00.001-04:00

Nonviolent activist tasered at DOJ while protesting for Wall Street prosecutions - Raw Story

Raw StoryNonviolent activist tasered at DOJ while protesting for Wall Street prosecutionsRaw StoryA woman who became an activist after JPMorgan Chase foreclosed on her home in 2011 was shocked with a Taser and arrested while protesting outside the Department of Justice on Tuesday. In video obtained by Occupy Our Homes Atlanta, large men with ...Peaceful Protester Tasered Outside DOJ While Demanding Wall Street ...Huffington PostForeclosed Homeowners Arrested While Demanding Prosecution of Bankers ...Opposing ViewsOccupy Our Homes Activists Arrested At Justice Department HeadquartersFiredoglakeDCist.comall 17 news articles »

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Watch: Police Stun Woman With Taser at Protest Outside DOJ - DCist.com

2013-05-21T19:00:00.001-04:00

Watch: Police Stun Woman With Taser at Protest Outside DOJ - DCist.com

Watch: Police Stun Woman With Taser at Protest Outside DOJDCist.comOn Tuesday, she was camped out in front of the Department of Justice in Washington, having been fully transformed into an activist by her experience, asking why more Pittmans have been arrested related to the foreclosure fraud crisis than top Wall ...

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Sound, Fury and the IRS Mess

2013-05-21T17:00:00.001-04:00

Sound, Fury and the IRS Mess

by Richard Tofel

ProPublica’s job is to report the news rather than to make
news ourselves, but sometimes we find an article of ours to be itself a subject
of public debate. Last week was
such a time, when two articles we had published back in December and January became the
subject of significant attention in light of the uproar over IRS oversight of
the process for granting tax exemption to so-called “social welfare” groups
under section 501(c)(4). We
triggered that attention, with a third a...

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Our Worst Scandal of All – The U.S. Trade Deficit ! Does Anyone In Washington Care?

2013-05-21T16:15:00.001-04:00

Our Worst Scandal of All – The U.S. Trade Deficit ! Does Anyone In Washington Care?

All the talk now in Washington and in the national media is on three unrelated scandals where the Obama Administration’s performance is being questioned – (1) the Benghazi terrorist attack, where our Ambassador to Libya was killed, (2) The U.S. Department of Justice’s secret monitoring of many telephone lines at the Associated Press headquarters ,

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Peaceful Protester Tasered Outside DOJ While Demanding Wall Street ... - Huffington Post

2013-05-21T16:00:00.001-04:00

Peaceful Protester Tasered Outside DOJ While Demanding Wall Street ... - Huffington Post

Peaceful Protester Tasered Outside DOJ While Demanding Wall Street ...Huffington PostOn Tuesday, she was camped out in front of the Department of Justice in Washington, having been fully transformed into an activist by her experience, asking why more Pittmans have been arrested related to the foreclosure fraud crisis than top Wall ...

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Sen. Elizabeth Warren Introduces Bank on Students Loan Fairness Act

2013-05-21T14:30:00.001-04:00

Sen. Elizabeth Warren Introduces Bank on Students Loan Fairness Act

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Father and Son from Alabama Sentenced for Fraud Scheme Involving Public ... - LoanSafe

2013-05-21T13:00:00.001-04:00

Father and Son from Alabama Sentenced for Fraud Scheme Involving Public ... - LoanSafe

Father and Son from Alabama Sentenced for Fraud Scheme Involving Public ...LoanSafeLike this: Like Loading... Tags:alabama news, foreclosure auction scams, FORECLOSURE FRAUD, fraud, Southern District of Alabama. Alex Ferreras. About Alex Ferreras. LoanSafe.org is America's #1 consumer mortgage forum with over 32,000 members.and more »

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A Dream Foreclosed

2013-05-21T10:30:00.001-04:00

A Dream Foreclosed

How different are the big Wall Street banks circa 2008 from the loan sharks of the 1970s? Not very. Laura Gottesdiener has written a remarkable book that hits hard against the big Wall Street banks. It’s called –A Dream Foreclosed: Black America and the Fight for a Place to Call Home (Occupied Media Pamphlet Series, [...]The post A Dream Foreclosed appeared first on Corporate Crime Reporter.

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UPS: Largest Private-Sector Contract, Profitable Employer, Flat Beer

2013-05-21T10:15:00.001-04:00

UPS: Largest Private-Sector Contract, Profitable Employer, Flat Beer

The UPS agreement will raise health care costs, let the company continue with harassment, and maintain a permanent underclass of part-timers, at a company that is hauling in nearly $5 billion a year.

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NYAG’s Standing to Sue BofA

2013-05-21T10:00:00.001-04:00

NYAG’s Standing to Sue BofA

NY AG Eric Schneiderman’s suit to bring meaning to the servicing standards of the National Mortgage Enforcement Fraud rises and falls on how the D.C. Circuit interprets two provisions of the Consent Judgment. In my last post, I explained that one provision–the one sentence section II–seems to require that the banks comply to the letter [...]

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Will Legislate for Food: Clocking Out

2013-05-21T06:45:00.001-04:00

Will Legislate for Food: Clocking Out

“We should all worry that the middle classes aren’t getting pay increases commensurate with the wealth they create for their bosses.” Republicans’ goal was never reducing the deficit–it’s eliminating the safety net. In response to proposed food-stamp cuts, Sen. Chris Murphy decides to see what life is like on the meager budget they’d provide. Charlotte, [...]

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Chutzpah redefined? Rating agencies want FHFA to share discovery costs

2013-05-21T05:15:00.001-04:00

Chutzpah redefined? Rating agencies want FHFA to share discovery costs

Businesses that earned tens of millions of dollars when they cranked out ratings of mortgage-backed securities are arguing that they should not be forced to bear the full cost of producing their deal files to the conservator of Fannie Mae and Freddie Mac.

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