3 ms·
I mean, just yesterday some of the top-rated comments on the settlement story were claiming that in-house counsel and firewalls meant that nothing actually ille
by derf_ 11y ago
I mean, just yesterday some of the top-rated comments on the settlement story were claiming that in-house counsel and firewalls meant that nothing actually illegal happened [1]. This despite multiple whistleblowers [2,3] and billion-dollar settlements from JP Morgan, Citigroup, Bank of America, Goldman Sachs, and Morgan Stanley. The robo-signing scandal that occurred in the aftermath was by itself industrialized fraud on an epic scale [4].
[1] https://news.ycombinator.com/user?id=rayiner https://news.ycombinator.com/user?id=rayiner
[2] https://en.wikipedia.org/wiki/Alayne_Fleischmann https://en.wikipedia.org/wiki/Alayne_Fleischmann
[3] https://en.wikipedia.org/wiki/Richard_M._Bowen_III https://en.wikipedia.org/wiki/Richard_M._Bowen_III
[4] https://www.nolo.com/legal-encyclopedia/false-affidavits-foreclosures-what-robo-34185.html https://www.nolo.com/legal-encyclopedia/false-affidavits-for...