Lamh Foistenach Abu!
Posted on 10/07/2008 12:48:42 PM PDT by mnehring
Case Name
Buycks-Roberson v. Citibank Fed. Sav. Bank Fair Housing/Lending/InsuranceDocket / Court 94 C 4094 ( N.D. Ill. ) FH-IL-0011
State/Territory Illinois
Case Summary
Plaintiffs filed their class action lawsuit on July 6, 1994, alleging that Citibank had engaged in redlining practices in the Chicago metropolitan area in violation of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. 1691; the Fair Housing Act, 42 U.S.C. 3601-3619; the Thirteenth Amendment to the U.S. Constitution; and 42 U.S.C. 1981, 1982. Plaintiffs alleged that the Defendant-bank rejected loan applications of minority applicants while approving loan applications filed by white applicants with similar financial characteristics and credit histories. Plaintiffs sought injunctive relief, actual damages, and punitive damages.
U.S. District Court Judge Ruben Castillo certified the Plaintiffs’ suit as a class action on June 30, 1995. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 322 (N.D. Ill. 1995). Also on June 30, Judge Castillo granted Plaintiffs’ motion to compel discovery of a sample of Defendant-bank’s loan application files. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 338 (N.D. Ill. 1995).
The parties voluntarily dismissed the case on May 12, 1998, pursuant to a settlement agreement.
Plaintiff’s Lawyers
Alexis, Hilary I. (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Childers, Michael Allen (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Clayton, Fay (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Cummings, Jeffrey Irvine (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Love, Sara Norris (Virginia)
FH-IL-0011-9000
Miner, Judson Hirsch (Illinois)
FH-IL-0011-7500 | FH-IL-0011-9000
Obama, Barack H. (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Wickert, John Henry (Illinois)
FH-IL-0011-9000
What was the settlement? CitiBank’s agreement to make loans to people who demographically were at high risk of foreclosure?
That would be a nice little firecracker for McCain to throw at Obama tonight. I wonder if they have an answer for that one. Probably “I was just a hired lawyer doing my job” or some silliness.
According to Barney Frank, you are racist (and probably homophobic) for posting this truthful story on Freerepublic!
Were any of the plaintiffs ORacist sued on behalf of named Whitey Whitney by chance?
The sad thing is that will be his legacy statement if elected.
Lamh Foistenach Abu!
If this was from way back in 94, wouldn’t you think that foreclosures would have been happening much sooner than 14 to 15 years later? I say that a very big part of this is the over-extended second mortgage holders that were trying to play the game with the ARM rates and lost.
Obama doesn't care about black people!!!
Great way to put it Rosalyn.
That’s not the Citibank I knew
Obama doesn't care about ripping off poor people. They come in all colors.
Bump
. . . . .
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BTTT
True, but I am a Fannie Mae stockholder whose annual reports consistently named “minority” potential homeowners as their chief target.
Too, I was referring to this thread’s theme: “community activist” Obama’s activities. I doubt seriously he was going to bat for Jim and Midge in the suburbs looking to double their square footage and add a swimming pool.
“According to Barney Frank, you are racist (and probably homophobic) for posting this truthful story on Freerepublic!”
Let chant “racist” all they want.
1. It’s not racist to point out that these suits and government policies wrecked our economy.
2. Accuse us of being racist? Oh, will that make blacks not vote for McCain? Oh wait...they weren’t going to vote McCain anyway.
3. Keep up the “racist” line of attack and you’ll get the “Bradley Effect” to show for it.
I’m good with all that.
The settlement was reached in May 1998.
Assume Citibank began issuing loans to poorly qualified applicants in 1999. Assume they issue 5-year balloon loans or ARMs that begin to go into default in 2004.
Entirely plausible that this lawsuit contributed (significantly) to the current mess.
This would be great Debate Ammo!!!! Alert McCain’s Team!!!!!
I don’t expect McCain to lob any bombs that haven’t already been floated past the Media to see how well they’d play. The ‘undecideds’ might not know how to evaluate Obama’s reaction if they’d never heard it themselves.
I know the lefties have a problem seeing long term or anything past tomorrow, but this is a problem that has been in the making for a while.
The impact is in the precedent.
“very big part of this is the over-extended second mortgage holders”
A VERY SMALL PART, actually...
The BIGGEST part of this is the MASSIVE inner-city mortgage frauds.
This is just ONE SCHEME, from ONE Mid-sized US City.
Now, multiply this by a hundred cities, many LARGER, like Detroit, and you just BEGIN to see how this started.
On Wednesday, the prosecutor’s office announced charges of welfare fraud and theft against six men. Investigators say they were involved in different mortgage cartels over the past three to seven years.
Mehran Valiyi, Brian Beach, Marcus Dewayne Ward and Omar Dillard were all involved with different schemes all with the same result: defrauding HUD out of $284,000 and facilitating $37 million in mortgage loans that investigators say the suspects never paid on. Two out-of-state residents, Patrick Ladarius and Preston Forte, were also charged.
Investigators say the suspects took out almost $38 million in mortgages under fake companies they created, buying 568 homes across the city and then re-selling them for an inflated price to investors. The suspects never paid the mortgages on the homes they bought, sending properties like the one at 917 North Parker into foreclosure, according to the report.
Investigators say the suspects also registered some of their properties as Section 8 so they could collect HUD money all while not paying the home’s mortgage. Soon the home was in foreclosure and unsuspecting renters were on the street.
“Then they file for bankruptcy to keep from having to pay the judgment on the foreclosure and its just a never ending circle,” said Barbara Crawford, Marion County prosecutor’s office.
Authorities credit the Targeting Violent Crime Initiative for establishing links between violent crime and mortgage fraud cartels, leading to the charges against these 6 suspects.
http://www.wthr.com/...
From WTHR-13 Indianapolis
But, you don’t get it.
EVERYTHING is Racist, now!
A Florida Sherriff saying Obama’s middle name, “HUSSEIN” is racist. Mentioning the origins of this financial meltdown is racist.
In fact, ANYTHING that may harm “THE ONE!” is racist, don’t you already know that??
This article, should be one of McCain’s talking points tonight.
All part of the ACORD, Ayers, Soros, Obama, Alinsky, Pritzker et al strategy:
http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html
Need research to reveal the settlement....
So did Obama force the Illinois banks to “prey” on the poor of his state?
It took 4 years to settle the lawsuit. May 1998 was when they settled. Time frame is about right for a settlement highly favorable to plaintiffs. Circa 1998 is the same time frame for Boston area banks being forced to make very hight risk loans by the US Justice Dept.
Ping.
[Want off my unreliable ping list? Please feel free to cuss me out. Want on my ping list? Just ‘ax’.]
Related links:
ALL YOU NEED TO KNOW ABOUT REZKO
http://www.freerepublic.com/tag/rezko/index
Official RNC Website of Obama’s Friends
http://www.barackbook.com/
The Timeline Project / Link List of Bailout History
http://www.freerepublic.com/focus/f-bloggers/2093845/posts
Truth about McCain’s Role in Keating Five
http://www.freerepublic.com/focus/news/2099066/posts?page=23#23
Antoin Rezko Redivivus [Washington Post]
http://www.freerepublic.com/focus/f-news/2096392/posts
Friend Update Added to ‘BarackBook’ Says RNC [Facebook -ZING!]
http://www.freerepublic.com/focus/f-news/2097136/posts
Obama launches website on McCain/Keating link
http://www.freerepublic.com/focus/f-news/2098681/posts
Another BO Mentor Caught Ranting at Whitey [From Hannity’s America 10/5/08]
http://www.freerepublic.com/focus/f-news/2098452/posts
Ayers Was on Woods Fund Board with Obama When He Stepped on Flag
http://www.freerepublic.com/focus/f-news/2098056/posts
DUmmie FUnnies 10-03-08 (Sarah Palin’s Debate Performance Enrages DUmmies)
http://www.freerepublic.com/focus/f-bloggers/2096653/posts
FBI Raids Obama Friend’s Home
http://www.freerepublic.com/focus/f-news/2096617/posts
Lawsuit over ACORN files in court today [early October]
http://www.freerepublic.com/focus/f-news/2095786/posts
Obama’s Fishy $200 Million
http://www.freerepublic.com/focus/f-news/2095981/posts
WND’s [Jerome] Corsi in Kenya to probe Obama ties
[Tried to help ‘hut sweet hut’ brother]
http://www.freerepublic.com/focus/f-news/2096049/posts
Biden Says Corn Syrup And Coal More Deadly Than Terrorism
http://www.freerepublic.com/focus/f-news/2095121/posts
Biden’s Big Lies: All 14 of them [vp debate]
http://www.freerepublic.com/focus/f-news/2096603/posts
DNC steps in to silence lawsuit over Obama birth certificate
http://www.freerepublic.com/focus/f-news/2097435/posts
Fact check: Biden spins a helicopter tale
http://www.freerepublic.com/focus/f-news/2095562/posts
NYT’s Ayers-Obama Whitewash [Kurtz NRO]
http://www.freerepublic.com/focus/f-news/2097501/posts
Print Media Says Palin’s “Palling with Terrorists” remark is racist
http://www.freerepublic.com/focus/f-news/2098225/posts
Team O’s misquote of Sutton over Al Mansour
http://www.freerepublic.com/focus/news/2098293/posts?page=287#287
VP debate transcript link [and my summary in post 12 — six Biden rimshots.
http://www.freerepublic.com/focus/news/2096402/posts?page=12#12
Berg v. Obama [Birth Certificate] Feinstein added
http://www.freerepublic.com/focus/f-news/2099409/posts
Missouri Governor Accuses Obama of Conspiring to Violate Civil Rights
http://www.freerepublic.com/focus/f-news/2092020/posts
Gov. Blunt Statement on Obama Campaign’s Abusive Use of Missouri Law Enforcement
http://www.freerepublic.com/focus/f-news/2091900/posts
Hitler Youth Reborn?—Compare The Images In These Two Videos [handle with care]
http://www.freerepublic.com/focus/f-chat/2094535/posts
“I THINK THIS IS OVER” [ I could be weong ! ]
http://www.freerepublic.com/focus/f-chat/2092945/posts
McCain TRIED to SOLVE Fannie/Freddie problem in 2006
http://www.freerepublic.com/focus/f-news/2084035/posts
Obama’s Assault on the First Amendment
http://www.freerepublic.com/focus/f-news/2095007/posts
Rezco Page [STARWISE]
http://rezkowatch.blogspot.com/2008/02/auchi-rezko-obama-who-are-they.html
The Left and Plans for “Nuremberg-Style” Tribunals for Bush Administration Officials [especially BO/Biden]
http://www.freerepublic.com/focus/f-news/2057819/posts
300 Retired Generals And Admirals Endorse John McCain For President
http://www.freerepublic.com/focus/f-news/2091651/posts
Illinois AG probing grant by Obama-Awarded $100,000 to campaign worker, but project never done
http://www.freerepublic.com/focus/f-news/2091648/posts
The Joe Biden Video the MSM Does NOT Want You To See
http://www.freerepublic.com/focus/f-news/2093084/posts
Transcript of Sept 26 Presidential Debate
http://www.freerepublic.com/focus/f-news/2091612/posts
Great post. Thanks for posting.
Thanks for posting
Gripping headline here. FRegards ....
Legal BUMP.
We’ve known this for 2 weeks. McCain has said nothing.
THE ACORN APPARAT (did ACORN and FANNIE MAE have secret equity positions in mortgage transactions?)
http://www.freerepublic.com/focus/f-news/2100369/posts
Biden Says Corn Syrup And Coal More Deadly Than Terrorism
http://www.freerepublic.com/focus/f-news/2095121/posts
Biden’s Big Lies: All 14 of them [vp debate]
http://www.freerepublic.com/focus/f-news/2096603/posts
ALL YOU NEED TO KNOW ABOUT REZKO
http://www.freerepublic.com/tag/rezko/index
Official RNC Website of Obama’s Friends
http://www.barackbook.com
[shocking list]
Another BO Mentor Caught Ranting at Whitey [From Hannity’s America 10/5/08]
http://www.freerepublic.com/focus/f-news/2098452/posts
Ayers Was on Woods Fund Board with Obama When He Stepped on Flag
http://www.freerepublic.com/focus/f-news/2098056/posts
FBI Raids Obama Friend’s Home
http://www.freerepublic.com/focus/f-news/2096617/posts
Obama’s Fishy $200 Million
http://www.freerepublic.com/focus/f-news/2095981/posts
Fact check: Biden spins a helicopter tale
http://www.freerepublic.com/focus/f-news/2095562/posts
Print Media Says Palin’s “Palling with Terrorists” remark is racist
http://www.freerepublic.com/focus/f-news/2098225/posts
Missouri Governor Accuses Obama of Conspiring to Violate Civil Rights
http://www.freerepublic.com/focus/f-news/2092020/posts
Gov. Blunt Statement on Obama Campaign’s Abusive Use of Missouri Law Enforcement
http://www.freerepublic.com/focus/f-news/2091900/posts
Hitler Youth Reborn?—Compare The Images In These Two Videos [handle with care]
http://www.freerepublic.com/focus/f-chat/2094535/posts
Illinois AG probing grant by Obama-Awarded $100,000 to campaign worker, but project never done
http://www.freerepublic.com/focus/f-news/2091648/posts
The Joe Biden Video the MSM Does NOT Want You To See
http://www.freerepublic.com/focus/f-news/2093084/posts
[Newer ‘oldies’ starting in mid-October coming up]
Thank you for the encouragement, FRiend.
Obama pushed for GRAPHIC Sex Ed for kindergarteners:
http://www.freerepublic.com/focus/news/2079415/posts
http://www.freerepublic.com/focus/f-news/2054556/posts
http://freerepublic.info/focus/f-news/2088463/posts
[Including masturbation tips — for kindergarteners]
Inhofe recounts run-in with ACORN (protesters were threatening his wife, his children and his home)
http://www.freerepublic.com/focus/f-news/2114577/posts
Change, or more of the same? [Pravda endorses Obama]
http://www.freerepublic.com/focus/f-news/2115510/posts
Democrats Defending Fannie Mae/Freddie Mac they CAUSED the Financial Crisis
[youtube]
http://www.freerepublic.com/focus/f-news/2115534/posts
Confirmed: MSM Holds Video Of Barack Obama Attending Jew-Bash & Toasting a Former PLO Operative
http://www.freerepublic.com/focus/f-bloggers/2114277/posts
Obama’s Minuscule Charity Contributions
http://www.freerepublic.com/focus/f-news/2114992/posts
[Hut sweet hut / slum sweet slum in posts]
ACORN Loves High Taxes But Doesn’t Bother Paying Them [tax evasion]
http://www.freerepublic.com/focus/f-bloggers/2115210/posts
Federal judge breaks rules, donates to Obama
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=78878
Plumbergate. GOP Asks If Dems Breached Joe’s Tax Records (Records illegally Breached By Obama?)
http://www.freerepublic.com/focus/f-news/2115498/posts
New Allegations in Mahoney D-Fla Sex Scandal (threatening behavior and sexual harassment)
http://www.freerepublic.com/focus/news/2115544/posts?page=1
PA Campaign Goes To The Dogs
http://www.freerepublic.com/focus/f-news/2115504/posts
The caller, from a presidential campaign office, asked for “Sadie Giordano.” “Sadie Giordano” is Joseph’s deceased dog. “It baffles me,” [snip]
12 Obama Lawyers Illegally Registered to Vote in Ohio
http://www.freerepublic.com/focus/f-news/2114684/posts
[Dirt Digging on Joe the Plumber Alert!]
Ohio’s Head of Job and Family Services Approved a Child-Support Search on Joe Wurzelbacher
http://www.freerepublic.com/focus/f-news/2117246/posts
Her Excuse? “Oh, We Always Do That” Confirmed: Max Donor to Obama
BUSTED! Toledo police clerk charged in Joe The Plumber snooping case (Working for a reporter!)
http://www.freerepublic.com/focus/f-news/2118207/posts
BUSTED! Cop charged with illegal search of Joe the Plumber
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=79396
Judge rules Ohio homeless voters may list park benches as addresses...
http://dispatch.com/live/content/local_news/stories/2008/10/28/ajudgerule.html?sid=101
Certifigate up to nine lawsuits [at peak]
http://www.freerepublic.com/focus/chat/2114092/posts?page=160#160
UPDATE: Effigy of Palin hanging by noose creates uproar in W Hollywood...
http://www.latimes.com/news/local/la-me-palineffigy28-2008oct28,0,541630.story
Tolerant Hoping and Caring Obama Supporters Vandalize Homes of McCain Supporters
http://www.freerepublic.com/focus/f-gop/2115910/posts
Twenty-five Gainesville res. discovered their homes spray painted [snip] [And several businesses as well.]
LA Times Responds to Readers: Get Lost (Refuse to release Obama-Rashid Khalidi video)
http://www.freerepublic.com/focus/f-news/2116993/posts
Mississippi’s voter rolls stuffed with dead and absent registrants...
http://www.wlbt.com/global/story.asp?s=9248483
Obama Continues To Withhold Multiple Official Documents (Very Long List...Who Is This Masked Man?)
http://www.freerepublic.com/focus/f-news/2117333/posts
Obama Compared America to Nazi Germany
http://www.freerepublic.com/focus/f-news/2116999/posts
“I mean you’ve got World War II, you’ve got uh, uh, uh, the doctrines of Nazism, that, that we are fighting against, that start looking uncomfortably similar to what we have going on, back here at home.”
‘Most trusted name in news’?
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=79171
Exclusive: Joel Barbee illustrates media’s ‘unbiased’ interview with Sarah Palin
‘Boston Legal’ uses Obama pitch during robbery scene
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=79210
‘That’s the last thing we need when we’re trying to elect an African-American as president’
ACORN: Table of $3 Million-Plus in Unpaid Back Taxes
http://www.freerepublic.com/focus/f-news/2116450/posts
Key word: ACORN
http://www.freerepublic.com/tag/acorn/index
ACORN Founder’s Brother, Embezzler Dale Rathke, Likes to Party
Obama on Videotape Bashing the Constitution [even as amended]
http://www.freerepublic.com/focus/f-news/2116224/posts
Obama helped fund organization that rejects ‘racist’ Israel’s existence
http://www.freerepublic.com/focus/f-news/2116207/posts
Marxist ‘mentor’ sold cocaine with Obama
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=79467
Alleged Communist Party member’s book boasted of bisexuality, sex with minors
Did Saddam bagman help Obama purchase mansion?
http://www.freerepublic.com/focus/news/2118321/posts?page=1
http://www.worldnetdaily.com/
Photo confirms Rezko financier in bed with late Iraqi tyrant
Abortion survivor’s new ad fires back at Obama
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=79307
Woman accused by campaign of spreading ‘sleazy lies’ points to voting record
Obama Endorses Kwame Kilpatrick (video) [Convicted Mayor]
http://freerepublic.info/focus/f-news/2117918/posts
Obama’s Unsavory Ties to Islamic Extremists
http://www.jpost.com/servlet/Satellite?cid=1225036822047&pagename=JPost%2FJPArticle%2FShowFull
Barack Obama is hiding ties to Islamic extremists, black nationalists and anti-Semites that stretch back decades. Some reportedly helped pay his college tuition. Others have housed his campaign operations, raised political funds, and pressed his case to be the next president of the United States. They are unsavory characters, and among his staunchest supporters.
Lien on Me [ACORN hypocracies about wanting GOVT to crush you and leave them above the law]
http://www.freerepublic.com/focus/f-news/2118628/posts
[American Spectator]
DUmmie Fights With Patient Over Obama [bedside manner DUmmie style?]
http://www.freerepublic.com/focus/f-bloggers/2118450/posts
Checks on ‘Joe the Plumber’ more extensive than first acknowledged
http://www.freerepublic.com/focus/f-news/2119399/posts
More disabled voters coached into picking Obama
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=79478
‘What kind of people would do this to somebody like that? He wouldn’t know 1 candidate from another’
Mo. Counties Have More Registered Voters Than Adults
http://www.newsmax.com/politics/missouri_registered_voter/2008/10/29/145386.html
Obama Accepting Untraceable Donations: Washington Post
http://www.freerepublic.com/focus/f-news/2118866/posts
Basically, he’s allowing donation by use of “prepaid” credit cards, which allow people to donate anonymously and evade campaign funding limits.
Ex-staffer: Obama camp gave ACORN ‘donor list’
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=79432
Goal: ID maxed-out contributors to presidential campaign to give to group
Scaife endorses ‘Marines-are-killers’ Murtha [Richard Mellon Scaife?]
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=79563
‘Right-wing conspiracy’ leader pushes congressman who called constituents racists
[Turning in my VRWC decoder ring.]
Ex-CIA Expert: Obama Took Millions in Illegal Foreign Donations
http://www.newsmax.com/headlines/obama_illegal_donors/2008/10/29/145612.html
A Newsmax investigation of Obama/Biden campaign contributors has discovered dozens who appear to lack U.S. citizenship or residency—a violation of federal law. But that may only be the tip of the iceberg. Some donors work for foreign governments, and others are quite open about being citizens of countries like Nigeria, Pakistan and Canada. Most campaign organizations guard against such abuse, but not this one.
Obama Chief Strategist David Axelrod is a Lobbyist Connected to Ayers Family
http://www.freerepublic.com/focus/f-news/2119364/posts
Obama’s aunt Zeituni Onyango Living in a Slum in Boston
http://www.freerepublic.com/focus/f-news/2119873/posts
That’s it.
If you read this far, I’m impressed. You are now up to last Friday in Obama shockers. You can find links to each previous day’s ping to get ‘up to date’:
http://www.freerepublic.com/focus/news/2123149/posts?page=18#18
[The link to previous day is in ‘view replies’]
Other research resources:
ROOT THREAD FOR OBAMA CHUMS RESEARCH [Tight list of research links below overview]
http://www.freerepublic.com/focus/news/2117200/posts
Certifigate Link Thread [updated this morning]
http://www.freerepublic.com/focus/chat/2114092/posts?page=174#174
AYERS and Weatherman Link Thread
http://www.freerepublic.com/focus/chat/2111988/posts?page=70#70
God bless you for getting so informed! — FRegards ....
Final batch of oldies in post 40. I chose this thread because this could be one of Sarah’s finest hours in this election. — FRegards ....
Thanks for the ping. BUMP!
Duly archived under...
KEWORD: BARACKTHEBANKER
One in series of keywords to archive for efficient retrieval to
document how Barack is going to screw up a lot of American industries
and jobs.
The root of our current economic crisis, bad loan pressure from the left [reason for my tagline].
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