49 State Attorneys General Sanctifying Foreclosure Fraud of Wall Street- Settlement-

It seems 49 State Attorneys General, except for New York are going to allow Wall Street Free rein of Foreclosure and Mortgage Fraud.  They are working on settling all the Fraud of Wall Street and making it legal.

The only Attorney General hold out is New York's Eric Schneiderman, who has said it is "both procedurally and substantively flawed."

Everyone needs to call their Attorney General and ask if they are going to let Wall Street completely defraud the whole American Public and get away with illegal foreclosures?  Also ask, if this was an individual defrauding another, wouldn't that individual be in jail?  Ask why they are going to sanctify crimes by the banks?  Demand answers!

It is so funny, how I am finding out there is no justice for the people when it comes to Wall Street and their crimes.  Wall Street literally gets away with murder and stealing of all the people's money and homes!

Wall Street committed a crime in the first place with all their fraud MBS selling them to investors around the world and the rating companies helped them.

We the people would never have those who are expected to hold up the law of the land - the 50 State Attorneys General, sanctify any crimes we committed.

If there wasn't fraud from the beginning, do you think PIMCO, N.Y. Fed, hedge funds, AIG, and the list goes on, would have sued Bank of America?  No!

Due to all the suits wanting billions back, proves on it's own Fraud and out right Illegal Crimes were committed!  Yet the 49 State Attorneys General, are trying to help Wall Street cover up the crimes and make them legal at the expense of investors and all homeowners!

People wonder why so many of us have lost faith in this country, there are no laws for those at the top, yet there is a clamp down of the people and their freedoms.  There are no morals left of anyone who holds an elected office, they do not work for the people, only for the banks and corporations.

At some point they will have stretched that rubber band too far and it will snap, people will wake up to what has fully been happening in this country and the world, even if MSM ignores the most important news and situations that affect the people directly.  I expect when a settlement of fraud is done, MSM will spin it to be a "great thing" and won't mention how Wall Street has gotten away with stealing by those who are suppose to up hold the law!

Portions of article linked above:

Bank of America Corp may settle a state and federal probe of foreclosure practices in a deal that lets New York proceed with an inquiry into securitizations, Bloomberg reported citing two people with direct knowledge of the matter.

The firm may pursue an accord with most of the 50 state attorneys general, even if it omits New York's attorney general Eric Schneiderman, said one of the people, Bloomberg reported.

The company executives, concerned that a delay in resolving the case is hurting the firm's stock, are open to a deal that would resolve most of it, even if some mortgage investigations continue, said one of the people.


Edited to add:  More information added in a comment on What Really Happened by Micheal Rivero -

Wall Street Mortgage Backed Securities destroyed the U.S. and EU.

Portion from link:

Deutsche Bank, a German lender, has sold the Fed more than $290 billion worth of mortgage securities, Fed data through July shows. Credit Suisse, a Swiss bank, sold the Fed more than $287 billion in mortgage bonds.

The data had previously been secret. It was released Wednesday per the recently-enacted law overhauling the federal financial regulation. The Fed, ferociously backed by the Obama administration, fought lawmakers' desire for full disclosure throughout the financial reform debate.