FREMONT INVESTMENT & LOAN,

Plaintiff,

-against-

ANDREA A. DAVILAR, et al.

Defendants.

EXCERPT:

In this matter, it is the contention of Defendant HSBC BANK USA, as trustee was the holder of the note from the time the action was commenced and that Fremont has misrepresented to this court its ownership status and its standing to foreclose…

[...]

Scribd

If you haven’t already fallen for Elizabeth, what are you waiting for?

She has your best interest at heart and Join us: Help Elizabeth Warren win her Senate race!

HuffPo-

Elizabeth Warren spoke out today about the unfair advantage she says big companies have over small businesses in America, a playing field she declared was uneven even before the current recession.

“The problems facing small businesses today go well beyond the bad economy,” said Warren in a speech at the Blackstone Valley Chamber of Commerce in Massachusetts.

Without the resources to hire lobbyists and lawyers to cozy up to Congress, small businesses don’t get a fair shake in Washington, she said. “Regulations in the United States are rigged to work for the big guys,” Warren said.

Washington isn’t helping. Instead of working on how to create a better environment for small business, Washington spent its energy on saving Wall Street banks that were to big to fail. There’s an old saying: ‘we all do better when we all do better,’ and nothing could be more true for small business. The decline in consumer spending, poor sales, and economic uncertainty have made it difficult for small businesses to thrive.

[HUFFINGTON POST]

It won’t be fun for Citigroup Inc. and the Securities and Exchange Commission to defend their proposed $285 million settlement at a Wednesday court hearing ordered by a very skeptical federal judge.

WSJ-

U.S. District Judge Jed S. Rakoff could kill the deal if he doesn’t like what he hears.

But coming up with the proper penalties to end civil enforcement cases by the SEC is complicated.

SEC officials consider nine factors, including losses suffered by investors as a result of the alleged wrongdoing. The agency also weighs how much the company benefited from the behavior and whether investors will be …

[WALL STREET JOURNAL]

Another mind-blowing article by the one and only Abigail C. Field -

Somehow the banking industry has convinced much of the public and most of our political leaders that our housing and foreclosure crisis is the fault of irresponsible borrowers despite the overwhelming evidence that greedy bankers are to blame. Since good policy can’t happen unless people escape the bankers’ web of misinformation and spin, I thought it would be appropriate to synthesize what we’ve learned about the greed-driven decisions of bankers and Wall Street traders and what they reveal about how we got where we are now.

[REALITY CHECK]

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www.StopForeclosureFraud.com

by tmabomb on Nov 9, 2011

Tea Party Republican Rep. Joe Walsh held a townhall at Uno Bar and Grill in Gurnee, Illinois, over the weekend. When the topic of banks and the collapse of the economy arose, the congressman flipped out.

“QUIET FOR A MINUTE! OR I’M GOING TO ASK YOU TO LEAVE. YOU NEED TO LISTEN!”