Woman Who Couldn't Be Intimidated by Citigroup Wins $31 Million

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Annie Oakley always was known a straight-shooter...

http://www.bloomberg.com/news/2012-0...1-million.html
  • Profile picture of the author thunderbird
    Great story. Goes to show what shyster scoundrels the welfare-recipient banks are. If a person or small business were to engage in the looting and other unethical practices of banks, they'd be known as "shysters" or "con-artists" or merely, "criminal." The bigger a shyster is, the more accepted its unethical practices are by the government and general population. Governments, by and large, are shyster enablers, aiding and abetting "respectable" organized crime.
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  • Profile picture of the author HeySal
    That's no lie Tbird. What do you do though when people sit in a corner and drool over their tv's instead of getting out and kicking enablers out of office?
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    Sal
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  • Profile picture of the author KimW
    Donm't know if anyone remembers my thread about the Lying Bank Of America does and their continuation of stealing homes from people,but one think in the article definitely caught my attention:

    Bank of America
    Citigroup isn’t the only bank that’s been held accountable for processing bad mortgages. In February, Charlotte, North Carolina-based Bank of America Corp. settled a false-claims case with the government for $1 billion, without admitting wrongdoing.
    In May, Frankfurt-based Deutsche Bank AG agreed to pay $202.3 million for endorsing unqualified mortgages for FHA insurance, and admitted wrongdoing.
    What continues to set Citigroup apart is that the bank approved flawed loans well past the 2008 financial crisis. A battleground over loan quality persisted at CitiMortgage even as the settlement was signed in February, the complaint says.
    Just months after Citigroup settled with the Justice Department, another big financial institution, JPMorgan Chase & Co., announced a multibillion-dollar trading loss -- helping to rekindle the debate over regulation of so-called too-big-to-fail banks.
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