Comments on: Morgan Keegan to Pay $200 Million to Settle Fraud Charges Related to Subprime Mortgage-Backed Securities

By: Jason Werner

Jason Werner — Thu, 23 Jun 2011 01:43:16 +0000

$200 million, where the hell do they get that kind of money in the first place??? I was way underpaid when I thought I was overpaid for selling the sick subprime loans if those guys had that kind of profit to settle like that. And what do the victims get???

By: DONNA DEANGELO

DONNA DEANGELO — Wed, 22 Jun 2011 21:08:27 +0000

I need help !
I received a TS 11-43571 yesterday on my property and have no idea where to start , they owe me money

By: Ms. A

Ms. A — Wed, 22 Jun 2011 18:58:45 +0000

I suspect that all of the little fish will get prosecuted for fraud but the Big Fish (the real perpetrators behind the mortgage fraud — the Wall Street scions) will never see the inside of a court room much less a jail cell. And who can trust the SEC to conduct a competent, unbiased investigation. It was the SEC who failed, and failed shockingly, to prosecute Bernie Madoff when they had been twice furnished with lengthy and detailed information about Madoff’s Ponzi operation nearly 10-years before Madoff was busted. Sadly, our Federal Government, at all levels, is corrupt and subverted by the wealthy scions of Wall Street. Even Allen Greenspan is/was a fraudster: Greenspan knew what was going on and did nothing to stop it. The crowning rip-off of Wall Street was the so-called Stipulus package — not only did the banking industry rip everyone off with toxic mortgage backed securities that lead to the massive foreclosures, they were then rewarded with a “bail out” of billions of taxpayer monies. That was when working class Americans should have risen up with indignation and taken to the streets in massive protests. But we did not. We let the Banksters rape us again. Our Federal Government (and all of its agencies) care nothing about We The People; we are merely the slave class who pay for the fancy homes and high life of the ruling elite class. Wake up and smell the Oligarchy. The protesting peoples of Greece, Egypt, Syria, Tunisia, and even Iran (remember their 2009 uprising) should be our models — they are not sitting around whining. They are doing something pro-active, even if it means death. Are we ready to make that kind of commitment to bring about the change we need? It’s going to take a revolution to get our country back from the corporate thugs who have seized control and that’s the bottom line.

By: 1ofthemany

1ofthemany — Wed, 22 Jun 2011 18:36:59 +0000

Who is loosing what here…no one except the people these people i the banks .. they have money to burn and they are who are they burning US and YOU???? What about the people’s HOMES???

By: housemanrob

housemanrob — Wed, 22 Jun 2011 16:35:11 +0000

Once again………….FRAUD, a criminal activity is being forgiven with a fine. How significent? You know it is far less than what they have STOLEN?