Blackrock | FORECLOSURE FRAUD | by DinSFLA

Tag Archive | "Blackrock"

BlackRock CEO Fink Defends ‘Occupy Wall Street’ Demonstrators

BlackRock CEO Fink Defends ‘Occupy Wall Street’ Demonstrators


Glad to see some coming out to defend the 99%.

 

Bloomberg-

BlackRock Inc. (BLK) Chief Executive Officer Laurence D. Fink, head of the world’s largest asset manager, said he understands the concerns of protesters speaking out against financial firms in New York and other cities.

“The protesting is a statement the future is very clouded for a lot of people,” Fink, 58, said yesterday during an event in Toronto. “These are not lazy people sitting around looking for something to do. We have people losing hope and they’re going into the street, whether it’s justified or not.”

[BLOOMBERG]

image: DailyNews

© 2010-15 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Posted in STOP FORECLOSURE FRAUDComments (1)

Schneiderman Sues BNY; Homeowners Validated; Will Deutsche Bank Be Next?

Schneiderman Sues BNY; Homeowners Validated; Will Deutsche Bank Be Next?


2 words

“BANKERS TRUST”

Reality Check-

By |

With one court filing, Attorney General Eric Schneiderman has transformed the mortgage backed securities liability landscape. By intervening and opposing the Bank of America/BNY global settlement of mortgage backed securities claims, Schneiderman served notice to the big banks that they will not be able to cut self-serving deals to escape liability to investors. By suing Bank of New York for fraud at the same time, he reminded banks that they face liabilities for their actions as trustee (as Yves Smith has been pointing out at Naked Capitalism for some time now.) In fact, given that everything Schneiderman alleged about BNY’s actions as trustee (other than the deal with BofA) could be said about Deustche Bank, US Bank, Wells Fargo, and JPMorgan Chase (all as Trustee), are those suits coming?

[REALITY CHECK]

© 2010-15 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Posted in STOP FORECLOSURE FRAUDComments (2)

Bank of New York Mellon v. THE PEOPLE OF THE STATE OF NEW YORK by ERIC T. SCHNEIDERMAN, Attorney General of the State of New York (Intervenor Counter-Plaintiff)

Bank of New York Mellon v. THE PEOPLE OF THE STATE OF NEW YORK by ERIC T. SCHNEIDERMAN, Attorney General of the State of New York (Intervenor Counter-Plaintiff)


SUPREME COURT OF THE STATE OF NEW YORK
COUNTY OF NEW YORK

In the matter of the application of
THE BANK OF NEW YORK MELLON (as Trustee under various Pooling and
Servicing Agreements and Indenture Trustee under various Indentures),
Petitioner Counter-Defendant,

-and-

BlackRock Financial Management Inc. (intervenor), Kore Advisors, L.P.
(intervenor), Maiden Lane, LLC (intervenor), Maiden Lane II, LLC (intervenor),
Maiden Lane III, LLC (intervenor), Metropolitan Life Insurance Company
(intervenor), Trust Company of the West and affiliated companies controlled by
The TCW Group, Inc. (intervenor), Neuberger Berman Europe Limited
(intervenor), Pacific Investment Management Company LLC (intervenor),
Goldman Sachs Asset Management, L.P. (intervenor), Teachers Insurance and
Annuity Association of America (intervenor), Invesco Advisers, Inc.
(intervenor), Thrivent Financial for Lutherans (intervenor), Landesbank Baden-
Wuerttemberg (intervenor), LBBW Asset Management (Ireland) plc, Dublin
(intervenor), ING Bank fsb (intervenor), ING Capital LLC (intervenor), ING
Investment Management LLC (intervenor), New York Life Investment
Management LLC (intervenor), Nationwide Mutual Insurance Company and its
affiliated companies (intervenor), AEGON USA Investment Management LLC,
authorized signatory for Transamerica Life Insurance Company, AEGON
Financial Assurance Ireland Limited, Transamerica Life International (Bermuda)
Ltd., Monumental Life Insurance Company, Transamerica Advisors Life
Insurance Company, AEGON Global Institutional Markets, plc, LIICA Re II,
Inc., Pine Falls Re, Inc., Transamerica Financial Life Insurance Company,
Stonebridge Life Insurance Company, and Western Reserve Life Assurance Co.
of Ohio (intervenor), Federal Home Loan Bank of Atlanta (intervenor),
Bayerische Landesbank (intervenor), Prudential Investment Management, Inc.
(intervenor), and Western Asset Management Company (intervenor),
Petitioners,

-against-

THE PEOPLE OF THE STATE OF NEW YORK by ERIC T.
SCHNEIDERMAN, Attorney General of the State of New York,
Intervenor Counter-Plaintiff,

for an order pursuant to CPLR § 7701 seeking judicial instructions and approval
of a proposed settlement.

[ipaper docId=61657093 access_key=key-kbjqkr4bbezhz89672h height=600 width=600 /]

© 2010-15 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Posted in STOP FORECLOSURE FRAUDComments (1)


GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Chip Parker, www.jaxlawcenter.com
Kenneth Eric Trent, www.ForeclosureDestroyer.com
Advertise your business on StopForeclosureFraud.com

Archives