It's just a matter of time, takes time, but some Justice is happening!
At least Better Friggin' Late than Never!
Because we seldom get real news anymore so many Major Concerns get forgotten, tossed under the bus, put on a back burner as we are distracted by shiny 15 carat diamond rings, rehab celebs, and bad weather...So when I see some Justice I have to note it somewhere.
JP Morgan was first, Now its Bank of America time!!!
Bank of America’s subprime lender Countrywide found guilty of mortgage fraud
The lending program was created by Countrywide, once a giant in subprime mortgages, prior to its 2008 acquisition by Bank of America.
The Justice Department alleged that Countrywide created the so-called “Hustle” program in 2007 as government-backed Freddie and Fannie were tightening their underwriting guidelines and loan purchase requirements in response to rising loan defaults.
The verdict comes as the US continues to press ahead with litigation against giant banks over their handling of mortgages and mortgage-backed securities ahead of the 2008 financial crisis.I use to love the disco hustle (big dance back in the 70s for the young ones here). But I think I'm going to enjoy the banks' hustling getting busted more!
Love the Beat of the Justice Drum...Bam! bam! bam! GUILTY!