A plain speak overview of what the hell went wrong- Mortgage Crisis in a Nutshell. My favorite part is when Professor Campbell invokes common sense with regard to “deadbeat homeowners” that want a free house at about 32:15-32.33. That should be the slogan for deadbeats like me: “Who does that?” I may just start selling “Who does that?” T-shirts.
One quick google later…Oh my dog, I’m a Winchester. Castiel help me.
This Former Bank Regulator Quit His Job to Fight For His House | Justice League.
While I wish Mr. Mains well, I fear his ninety-one page Complaint is counter-productive:
A pleading that states a claim for relief must contain:
(1) a short and plain statement of the grounds for the court’s jurisdiction, unless the court already has jurisdiction and the claim needs no new jurisdictional support;
(2) a short and plain statement of the claim showing that the pleader is entitled to relief; and
(3) a demand for the relief sought, which may include relief in the alternative or different types of relief.
Federal Rules of Civil Procedure 8(a).
[T]he complaint is your first opportunity to present yourself as the attorney for the plaintiffs; thus, you want it to be error-free, well-written, persuasive, and reliable. Federal Practice Manual for Legal Aid Attorneys 4.1.B.2 (emphasis added). See UPS Store, Inc. v. Hagan, No. 14cv1210, 2015 U.S. Dist. LEXIS 36971 (S.D.N.Y. Mar. 24, 2015) (addressing a 175-paragraph complaint and 1263-paragraph amended answer).
Dear Sir,
I am disappointed.
You will not go to jail, and that may be fair in light of your considerable service and the relatively paltry harm that resulted from your poor judgment and selfishness. However, I would certainly expect you to set a better example going forward and take responsibility for your actions.
Your actions reflect poorly, no matter how unfairly, on the armed forces. Your friends, particularly Michael O’Hanlon, have exhorted us to remember you are human. I would remind you that you are General David Howell Petraeus, just a man perhaps, but one trained, no matter how poorly you may have displayed it, in military leadership.
Dependability, Bearing, Courage, Decisiveness, Endurance, Enthusiasm, Initiative, Integrity, Judgment, Justice, Knowledge, Tact, Unselfishness, Loyalty; I hope you have taken some time to reflect.
You may wish to reconsider the company you keep. No good will come of it sir.
The Virtual Immunity Of The Well-Connected: Gen. Petraeus Edition | Justice League.
Pro Se Pleading | Micheal Fassett – Academia.edu.
WASHINGTON — Sen. Elizabeth Warren (D-Mass.) assailed the nation’s top bank regulators on Wednesday for coddling Wall Street offenders and ducking the responsibilities Congress assigned them in the wake of the 2008 financial meltdown.
At a conference hosted by the Levy Economics Institute, Warren called not only for structural change to the banking system but for a revamping of the weak enforcement culture at the Federal Reserve, the Securities and Exchange Commission and the Department of Justice, according to a transcript of her prepared remarks. Although Warren did not cite any officials by name, the regulatory failures she highlighted reflect poorly on a host of key policymakers, including U.S. Attorney Loretta Lynch, nominated to be the next attorney general; Fed General Counsel Scott Alvarez; and SEC Chair Mary Jo White.
“The Department of Justice doesn’t take big financial institutions to trial ever — even when financial institutions engage in…
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After an 18-month investigation, the Securities and Exchange Commission will not issue any penalties or pursue any enforcement action against Carrington Capital Management, the company announced Wednesday.
Carrington was under SEC investigation for, among other items, its acquisition of failed subprime lender New Century Financial. The investigation dealt with how Carrington financed the $188 million deal, which relied in part on the firm issuing preferred securities to Carrington Investment Partners, LP, a fund managed by Carrington Capital Management.
The investigation also delved into the valuation of those preferred securities, which were used to finance the acquisition and operation of New Century’s mortgage servicing platform.
nosmallinjustice 