OHIOfraudclosure: CHASE BANK vs CITY OF CLEVELAND – U.S. Court Sides with City of Cleveland v Wall Street

OHIOfraudclosure: U.S. Court sides with City of Cleveland v Wall Street

For years the City of Cleveland (Ohio) has fought a herculean battle against Banks, Wall Street and the lenders which almost destroyed the entire housing stock of Cleveland. The city fought to Hold Banks accountable in local courts, State and Federal courts and even all the way to the U.S. Supreme Court. Unfortunately, the well funded banks have spent millions litigating these cases, going “all-in” with a transparent effort and goal to financially wipe out the city (with legal expenses). The banks hoped, litigating these cases, even to the point of absurdity, would teach Cleveland (and other cities) a lesson – Don’t take on Wall Street! To date, that strategy has worked well by applying “legal paralysis” (on-going litigation) in an effort to prevent the already “asleep at the wheel” federal agencies and regulators from acting.

Fortunately, the U.S. Court of Appeals (for the Sixth Circuit) refuses to be “bought out” or “sell-out.” The court continues to enforce the Rule of Law and even show the Supreme Court of Ohio they’ll NOT allow the trashing of existing laws in favor of the Banks and Wall Street firms. Although this is not a win (on the merits of the suit), nonetheless, it holds co-conspirators Plaintiffs JP Morgan Chase (Chase Bank) responsible for procedurally abiding by the rules. The Sixth Circuit, took the time, as part of their published decision, to opine on the foreclosure crisis and added some colorful commentary (below) on the havoc that Wall Street brought on the city.

More here…

Copy of the ruling below…





6 Responses to “OHIOfraudclosure: CHASE BANK vs CITY OF CLEVELAND – U.S. Court Sides with City of Cleveland v Wall Street”
  1. lies is all they tell says:

    the hamp? that was foam. flouride in our water and the preservatives in our food was their “secret weapon” to make us doscile. (chemical lobotomy aka planet of the ape style) this was all planned people over 40 years ago when we were little. our generation was targeted by these bemoths. think about it……in 1929 during the great depression the people took to the streets and demanded there be a foreclosure mortitorium, a foreclsoure mortitorium now would put countless people out of work. sad our state court systems are now run by foreclosure filing fees, real estate lawyers are now foreclosure mills or defending foreclsoures. when i was sopping for my own foreclosure lawyer i ha one guy call and wanted to charge 3k retainer and 500$ amonth, and said its cheaper then your mortgage. nothing we can do glad i have a place to vent.

  2. There goes the judges career

  3. Jason Werner says:

    Don’t get your hopes up about the courts being honest with regard to them being paid off. The courts are still paid off, but even their end is near because they are actually ordering themselves out of business by making these honest statements.


  5. katheryn says:

    One judge who has the guts to stand up to these obscene crooks.

  6. stripes says:

    This is what the Government is supposed to be doing. Protecting the livelihoods, wealth and assets of the American people, not crooked politicians & insolvent institutions. If Obama was really working for the American people, he would have signed the legislation to allow this massive debt derived from a quadrillion dollar unsustainable credit fraud created by Wall Street to be fully extinguishable in a bankruptcy. That is why Obamas use of HAMP was just more covering up for massive fraud. It was all an illusion…a fake fix for what Obama knew was the unfixable. Otherwise they would have audited the TBTF BEFORE THE PERMANENT BAILOUT WAS FRAUDULENTLY IMPOSED UPON THE AMERICAN PEOPLE.

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