Senator Elizabeth Warren’s First Banking Committee Hearing
Senator Elizabeth Warren at the Feb. 14, 2013 Banking Committee Hearing titled “Wall Street Reform: Oversight of Financial Stability and Consumer and Investor Protections.” The witnesses were: The Honorable Mary Miller, Under Secretary for Domestic Finance, U.S. Department of the Treasury; The Honorable Daniel Tarullo, Governor, Board of Governors of the Federal Reserve System; The Honorable Martin Gruenberg, Chairman, Federal Deposit Insurance Corporation; The Honorable Tom Curry, Comptroller, Office of the Comptroller of the Currency; The Honorable Richard Cordray, Director, Consumer Financial Protection Bureau; The Honorable Elisse Walter, Chairman, U.S. Securities and Exchange Commission; and The Honorable Gary Gensler, Chairman, U.S. Commodity Futures Trading Commission.
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Thats one motley crew of pale,ugly,misinformed,do nothings I have seen to date.Those saps are Obama’s cronies no wonder this country is going down the toilet,it makes sense to me now.
All SEC cases should be farmed out to law firms in DC that have a winning record. Make all cases based on a 40% of settlement amount. Then all the SEC needs to do is find the problem and link it to the best solution. If the SEC is not going to go after anybody they should be required to assign the case at no cost to the taxpayer. I sent in a very strong case to the SEC whistle blower program on the banks, showing them lots of things including how you can be billed for a single force placed insurance policy up to 3 ways. I later learned it’s 4 ways, when I complained several months ago to the NY insurance investigation and JPMC tried to justify their excessive bill and sent me another force placed insurance policy written 2 months after my house sold in a short sale and even back dated the policy to my closing date. My account was billed almost $16,000.00, for one month of insurance needed, that I was paying State Farm less than $300.00 per month. My account was left open for 6 months after the closing and I was charged for drive by inspections so I told the SEC in April 2011 the banks are not doing the drive by inspections they are billing Fannie Mae for. Where are all of my SEC rewards? I was put in a payment plan on the excessive balance until I am over 100 years old. To this day JPMC will not even admit the right year my loan was paid off. Nothing has changed! And this is not the worst part of my case even.
Kim, Do you not understand that more often than not, the people at the top positions in the SEC who could bring these cases of fraud to a jury trial either have or expect to soon be working for one of these big banks? You also know that of these corrupt individuals, many are lawyers, right? The Bar is as big a culprit in the defrauding of the American People as the Banksters who are literally stealing the equity and value created by not only the labor of all Americans, but the future production of each one of us. This has all been done while our government looks on and does nothing to hold these criminals accountable. You and I on the otherhand, are much easier prey……
Lizzie Warren took and axe….. you go girl!
Is it any wonder they (the criminal banksters and their captured members of Government) tried to stop this lady at every turn? This should go viral and EVERYONE should send her office an E-Mail to show their support. This can be done here… http://www.warren.senate.gov/contact.cfm