Negotiating With Criminals | Sissy State AG’s Beg Banksters for Larger Fraudclosure Settlement

What a bunch of cowards. My new catchphrase…

Don’t do the crime unless you can pick the fine…

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States to ask banks for larger mortgage settlement

WASHINGTON (Reuters) – Government negotiators plan to squeeze big banks for a larger settlement over mortgage servicing flaws when the two sides meet in Washington on Tuesday.

State attorneys general and federal agencies found an offer of $5 billion from five banks “woefully inadequate,” according to a person familiar with the talks.

Bank of America, JPMorgan Chase, Citigroup, Wells Fargo and Ally Financial made that offer two weeks ago. The amount was a far cry from the $20 billion the states and federal agencies had been discussing, although not formally proposing.

“There was a noticeable chill that went across the room” when the banks presented the offer, the person said. State and federal officials plan to describe to banks on Tuesday the scope of claims they believe could be brought against the lenders, to show why they believe $5 billion is inadequate.

Check out the rest here…

Pathetic…

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4closureFraud.org

Comments
15 Responses to “Negotiating With Criminals | Sissy State AG’s Beg Banksters for Larger Fraudclosure Settlement”
  1. ted1 says:

    ags must require no brains for the job the banks want to give us back pennies on dollar from what they have taken which is our own money and when someone does happen to pay a fine where does the money go if it gets paid how about all the counties sueing for transaction fees are they to stupid to realize they have let we the taxpayers get ripped again i don’t see my taxes going down which i should why is that?this is just like the casino what is good for us you can’t do what is good for them they take it

  2. Jason Werner says:

    Proverbs 1:16-19
    For their feet run to evil, and make haste to shed blood.
    Surely in vain the net is spread in the sight of any bird.
    And they lay wait for their own blood; they lurk privily for their own lives.
    So are the ways of every one that is greedy of gain; which taketh away the life of the owners thereof.

    31-32
    Therefore shall they eat of the fruit of their own way, and be filled with their own devices.
    For the turning away of the simple shall slay them and the prsperity of fools shall destroy them.

  3. AG’s are politically bought and paid for… to aid and abet? If the AG’s could be brought up on crminal/civil charges, then what? Our forefathers had a remedy for this, didn’t they?

    • Tim Bryant says:

      Yes, read the 2nd paragraph in the Declaration of Independence. Our forefathers laid out the action to be taken and justified by the people….

      “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.”

  4. pamelag says:

    apparently the banksters make the rules and the wimpy AG s do not know what to do. now we all need to redirect our fury … and thankyou Lisa for all you do. May God Bless Us All! GOOD ALWAYS OVERCOMES EVIL

  5. Joaquin Alonzo says:

    Its called Fraud in major way! Put them in jail and close them down the way you would anyone else. We all know who runs this country. The Banks, Big insurance, and Wallstreet. The A.G of Florida should be charged with conspiracy to enable fraud. She should be charged for not enforcing are laws. Yet your average jose gets caught filing a fake court doc and the Judge will toss them in jail and make it a strong point on how fraud is not permitted.
    They are all a bunch of crooks! I have no faith anymore.

  6. Joe Loomer says:

    Pathetic, simply pathetic. Using a reverse “bait and switch” approach will be the end result. AGs will settle at around the 15 billion mark and say “well hey, that’s three times more than they wanted to pay.” Surprised the banks didn’t come in at 1 billion.

    Navy Chief, Navy Pride

    Augusta GA Homes

  7. Lies and more .ies says:

    hey all i am just appalled it is 10pm in tampa bay area i am an rn whom just got off shift yeas folks this dead beat just worked a 14 hr day. yet my house is still being stolen from me i am one those nurses whom got cancel from her hospital because we were under census because tourism in st pete fl slowed down and shit trickles i was ina rehab so if the large area hospitals do not fill we do not get trasfers. When i called wells fargo and told them they told me i had to be in eminent default before they can help me. So here i sit waiting for wells fargo to take my home they collect that large insurance payment on my mortgage they told me not to pay (hey that should be illegal to) and what exactly are the ags going to do with the money? they know we are angry florida california and arizona the hot spots for fraud. fraudclosure, modification fraud, appraisal fraud. i do not know what to do by self

  8. Pamela says:

    I agree 250 billion + exsisting expenses is a drop in the bucket compared to what they took from all of us.This has to be a joke which means once again they are trying to play us.Take them down!!!

  9. l vent says:

    They are all dirty bastards. The AG’s better get alot tougher. The criminals got rewarded with 3 trillion in bailouts for their mortgage fraud PONZI SCHEME after they made trillions and they stole everything not nailed down in the intentional financial collapse.. They better figure out how many billions in fraudulent loans that Fannie and Freddie and their minions are going to have to eat and how many stolen homes they are going to have to give back. Fraud anywhere in the contract kills the contract. MERS is a sham and they bifurcated the mortgage and the note. Our homes are paid for because of their Ponzi Sheme swindle and heist.

  10. Bryan says:

    Jamie Dimon. CEO of JP Morgan, needs his balls in a vise, then slowly peel his skin off a little at a time until he spills what he knows about the mortgage mess he and his friends have been running. How about we waterboard him? Getting real tired of getting screwed by big banks and insurance companies.

    The end is coming assholes.

    • rictic says:

      Throw Bryan Moynihan in there for Waterboarding that’s the POS (piece of sh*t) that I want to see fry…

  11. Jackie M. Wiegand says:

    5-23-11

    Settle with the Bankers, are you Kiddding?????? How about triple that and put numerous banksters and their attorneys in jail, just like the good ole boys from Enron, remember them. Jail first, billions to citizens right afterwards.

    Jackie from Cleveland, Ohio

  12. housemanrob says:

    For real? The AG’s should start at 250 BILLION and work down from there! SERIOUSLY!

  13. Jamie Dimon. CEO of JP Morgan, says that negotiating w/ borrowers who can pay is “off the table.”

    Well, Jamie and his bank can pay. So can his friends.

    In the spirit of his comment, negotiating anything that leaves a single dollar of executive bonuses, corporate jets, dividends, or wages more than 200% of the median pay should be off the table. Eat them alive, AG’s … they deserve it.

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