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Bob Filner: JPMorgan Responsible For ‘Homicide’ Of Soldiers

Bob Filner: JPMorgan Responsible For ‘Homicide’ Of Soldiers


First Posted: 02/ 9/11 04:59 PM Updated: 02/ 9/11 05:09 PM

WASHINGTON — A leading House Democrat said on Wednesday that executives at JPMorgan Chase are responsible for the deaths of soldiers who take their own lives under illegal financial pressure from the bank.

That charge, leveled by Rep. Bob Filner (D-Calif.), the ranking Democrat on the House Veterans’ Affairs Committee, came at the panel’s hearing Wednesday on violations of the Servicemembers Civil Relief Act by the megabank.

The law limits interest rates that banks can charge soldiers who are deployed abroad at 6 percent, a rule an executive at the hearing admitted the bank has broken.

“People who are under pressure commit suicide. I would call it homicide, frankly, because you are putting them under pressure. You are responsible for that,” Filner told Stephanie B. Mudick, a JPMorgan Chase executive vice president of consumer practices.

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



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Congressman Filner Leads Vigil, Bank Halts Foreclosure on Cancer Patient

Congressman Filner Leads Vigil, Bank Halts Foreclosure on Cancer Patient


BIG BANK BACKS DOWN–FOR NOW; HALTS FORECLOSURE ON CANCER PATIENT’S HOME AS CONGRESSMAN LEADS VIGIL

By Miriam Raftery East County Magazine

Luz Maria Villanueva

“I hope this will spread across America.” – Congressman Bob Filner at a pre-dawn rally, where he announced that Union Bank called off plans to have the Sheriff issue a foreclosure notice today to evict a woman and her child with cancer

“We can join together and fight these banks.” – Ray Lutz, 52nd Congressional district candidate

September 14, 2010 (Bonita) – “Thank you, thank you!” Luz Maria Villanueva’s voice was choked with emotion at a rally on her front lawn organized by Congressman Bob Filner (D-San Diego). Nearly 100 people turned out at 5:30 a.m. for a candlelight vigil to protest Union Bank’s announced plan to have the Sheriff’s department take Villanueva’s Bonita home. She has pleaded for a reprieve at least until her son, who is legally blind and has cancer, completes chemotherapy treatments. Congressman Bob Filner leads rally to save woman’s Bonita home from foreclosure.“We’re going to stand together to change America,” said Rep. Filner. “We have a president who talked about hope. We have to give him strength. The banks have taken over both parties.” He called for changes in the law to protect those victimized by predatory lending practices.

The rally drew widespread media attention; at least three major TV stations as well as print and online media reporters were on hand to cover the event.

Filner was willing to risk arrest to halt the foreclosure.  The Congressman knows first-hand the effectiveness of civil disobedience to right a wrong; in the1960s he rode the Freedom Train to Mississippi, where he was arrested in a Civil Rights protest and jailed for several weeks after standing up for rights of African-Americans.

Although Villanueva attained a temporary stay when Union Bank called off the Sheriff  today, the order could be reissued, Filner warned those present. “We got them to back down, but we need you to be on call.”

The crowd responded by chanting, “Stop Union Bank! Stop taking our homes!”

Members of the public who want to be notified of upcoming “stop foreclosure” rallies may follow Rep. Filner’s Twitter feed at http://twitter.com/CongBobFilner.

Ray Lutz (back) , who is running against Rep. Duncan Hunter, stands with Rep. Bob Filner (front)Ray Lutz, Democratic candidate in East County’s 52nd Congressional district, also stood with Filner and Villanueva at the rally. “I think this is going to be a big tidal wave of fighting back against banks,” Lutz told East County Magazine. “We’ve got to stop these foreclosures. If we stand together, we can get the government to help us, because they don’t have any spine unless we have a spine.”

Lutz said he wants to push the Obama administration to rewrite loans and reassess the value of homes, allowing homeowners to stay in their residences and pay what homes are actually worth. “We need recognition that the bubble burst a long time ago. This is the best way to put our economy back on a solid footing,” Lutz added.

Filner and Lutz have met with organizations working to stop evictions.

Naa-Avorkor Okai, also facing foreclosure, says her bank falsified documents.Evictions of people like Naa-Anoror Okai and James Tillory. “I have proof that my bank changed my income, my marital status, and my ethnicity,” said Okai, who came out to show solidarity with Villanueva. After a Housing Commission worker found that the bank had falsified Fannie Mae documents before initiating foreclosure proceedings, Okai filed a lawsuit and sought help from Congresswoman Susan Davis (D-San Diego).

But when the Congresswoman contacted the bank, Okai said, “They wouldn’t return her calls…Instead of working with me, they sold our loan to another lender.” Okai wants to save her home, but also hopes to see her bank prosecuted by the federal government for fraud.

Villanueva, who fell behind on payments due to divorce and her son’s medical bills, now waits and hopes that public pressure will persuade her bank to stop foreclosure proceedings and give her an opportunity to work out an arrangement to stay in her home and make payments. Today, she will take her son, who suffers from kidney disease as well as cancer, for a potentially life-saving infusion.

“We can’t give up,” the determined mother vowed.

source: East County Magazine


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



Posted in congress, foreclosure, foreclosures, protest, protestors, repossession, stopforeclosurefraud.com, Wall StreetComments (3)

House Democrats calling for criminal investigation of Goldman Sachs

House Democrats calling for criminal investigation of Goldman Sachs


Rep. Kaptur is the one that keeps grilling Geithner on the AIG scam involving you guessed it …Goldman Sachs!

April 21st, 2010 7:15 PM

House Democrats calling for criminal investigation of Goldman Sachs

 

  By Eric Zimmermann / The Hill

 A growing number of House Democrats are asking the Department of Justice to open a criminal investigation into Goldman Sachs.

 Rep. Marcy Kaptur (D-Ohio) made the request Tuesday in a letter to Attorney General Eric Holder. Since then, almost 20 of her colleagues have signed on.

 The Securities and Exchange Commission (SEC) has filed a fraud action against Goldman for allegedly promoting a package of investments that was designed to fail. But the SEC can only pursue civil actions. Kaptur wants the Justice Department (DOJ) to consider criminal charges as well.

 “[I]f the DOJ is not currently looking into this particular case, we respectfully ask you to ensure that the U.S. Department of Justice immediately open a case on this matter and investigate it with the full authority and power that your agency holds,” Kaptur wrote to Holder.

 “The American people both demand and deserve justice in the matter of Wall Street banks whom the American taxpayers bailed out, only to see unemployment and housing foreclosures rise.”

 Republicans have accused Democrats of engineering the SEC charge to bolster the case for financial reform. Democrats have vehemently denied that claim, but the push for criminal charges isn’t likely to quiet the conservative charges.

 The letter has so far garnered 18 signatures, and the Progressive Change Campaign Committee (PCCC) is organizing a grassroots campaign to urge more lawmakers to sign on. The group says it has gathered 23,000 signatures and organized 2,400 calls to Congress. 

“Now is the moment to make clear: Nobody on Wall Street is ‘too big for jail,’ ” PCCC co-founder Aaron Swartz wrote to supporters.

 The following House Democrats have signed on to Kaptur’s letter: Jim McDermott (Wash.), Diane Watson (Calif.), Chris Carney (Pa.), Raul Grijalva (Ariz.), Keith Ellison (Minn.), John Lewis (Ga.), Charlie Melancon (La.), Tom Perriello (Va.), Betty Sutton (Ohio), Jay Inslee (Wash.), Pete Stark (Calif.), Mike Honda (Calif.), John Salazar (Colo.), Niki Tsongas (Mass.), Alan Grayson (Fla.), David Loebsack (Iowa) and Bob Filner (Calif.).

 Top Republican asserts feds 'looked the other way' from financial fraud

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