Tag Archive | Chase
Financial Regulators Crush Small Fry and Feed Big Whales
The Securities and Exchange Commission has taken the decades-old, stereotypical criticism of useless federal government regulators and owned it. Time and time again the agency has chosen not to enforce rules against the most powerful institutions, has turned a blind eye as the institutions continue fraudulent behavior and has codified the injustice of an economically-elite […]
Whistleblower Halts The Chase Debt Collection Racket
These above-the-law banks are practicing credit card debt collection abuses! The same shoddy back-office procedures and flawed legal work we have learned about in mortgage servicing extends into credit cards by these shameless bailed-out-banks. Linda Almonte, a former mid-level business process executive in Chase’s San Antonio-based Credit Card Litigation Support Group, was dismissed in November […]
Top Justice Officials Are Connected to Mortgage Banks
U.S. Attorney General Eric Holder and Lanny Breuer, head of the Justice Department’s criminal division, were partners for years at a Washington law firm that represented the 4 largest mortgage-holding banks as well as Freddie Mac and MERS, a Reuters inquiry shows. Since their appointments, two subordinates have moved from their government departments to that […]
