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To: kiryandil
So instead of going to jail they just fork over the stockholders' money? Wow such courage! Oh, the pain! $25 billion out of how much?

Shades of Tony Hayward.

Oh, but they learned their lesson. This settlement will surely serve as a real deterrent in the fewture.

8 posted on 02/09/2012 6:24:05 AM PST by Carry_Okie (The RINOcrat Party is still in charge. There has never been a conservative American government.)
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To: Carry_Okie

Oh the humanity. The banks foreclosed on people they should have foreclosed on. Their guilt? In having Mers unable to track clear title. That’s probably worth 25 billion. But you make yourself sound like a welfare recepient when you suggest that there was some real evil underpinnings here.

Got your hand out?


14 posted on 02/09/2012 7:59:09 AM PST by Almondjoy
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To: Carry_Okie
Oh, but they learned their lesson. This settlement will surely serve as a real deterrent in the fewture.

LOL! Can you believe some of the economic naifs on this site who think that somehow "deadbeat borrowers" outfoxed the financial illiterates at the Big Banks?

They must believe that Banksters get those big annual bonuses for good work attendance, in lieu of a gold star...

18 posted on 02/09/2012 9:13:11 AM PST by kiryandil (turning Americans into felons, one obnoxious drunk at a time (Zero Tolerance!!!))
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