The Charismatic Blonde Women and the Consent Decree

By: Wednesday April 6, 2011 12:15 pm

DDay reported on OCC’s attempt to preempt a foreclosure settlement on Monday. Today, Yves Smith has a long post giving the consent decrees the banks are trying to roll out in lieu of a real foreclosure settlement the disdain they deserve. Wow, the Obama administration has openly negotiated against itself on behalf of the banks. [...]

Michael Barr–Liaison on Foreclosure Fraud Investigation–Leaves Treasury

By: Tuesday November 23, 2010 12:20 am

Just one week ago, Iowa’s Attorney General Tom Miller told Chris Dodd that Assistant Secretary of the Treasury for Financial Institutions Michael Barr was the key person from Treasury working with the Attorneys General investigation into foreclosure fraud. Miller: We haven’t had any contact with the [Financial Stability Oversight Council]. We have had repeated contact [...]

Chris Dodd Uses Hearing to Call on Geithner to Do His Job

By: Wednesday November 17, 2010 5:39 am

Chris Dodd didn’t have many questions in yesterday’s hearing on the foreclosure crisis. But he did use the opportunity to call on Tim Geithner to convene the Financial Stability Oversight Council to prevent this crisis from blowing up the economy. Dodd: Attorney General Miller, at the outset of my opening comments I talked about the [...]

About that AG “Investigation” and “Settlement”

By: Tuesday November 16, 2010 7:15 pm

About four hours ago, Iowa’s Attorney General Tom Miller testified to the Senate Banking Committee  it would be months before the combined AG “investigation” came up with a settlement (he also suggested that there were new aspects that were just being added to the “investigation”). Dodd: How long AG investigation? Miller: Months, rather than year [...]

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