“How about this concept? Banks follow the law.
How about this concept? Bank lawyers that file fraudulent documents to steal a house they have no interest in GO TO JAIL.”
Did I stumble on the pro Occupy Wall Street thread on DU?
**********************************************
OK then , What's your reason (excuse) why Penalties for breaking the FRAUD STATUTES should have a negative impact on the banks other than the clear fact that they have been demonstrably breaking the law in the majority of their actions?
Serious Question here ,, I'd like to see you address it rather than just fling accusations and deflect away from the real question.
You do understand that the FHFA (the parent corp of FNM and FRE) is suing bankers for fraud right now in Federal courts don't you...