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Title: Beau Biden cautious on signing off on mortgage settlement
Source:
Deleware Online
URL Source: http://www.delawareonline.com/artic ... Cnewswell%7Ctext%7COpinion%7Cs
Published: Aug 23, 2011
Author: JOHN SWEENEY
Post Date: 2011-08-30 11:38:17 by lucysmom
Keywords: Mortgage Fraud
Views: 1964
Comments: 3
B eau Biden isn't winning any friends on Wall Street. The big-money guys aren't happy that Delaware's attorney general insists on asking tough questions about bad mortgages. A lot of big players want the mortgage mess behind us. The top banks, for instance, want a settlement that would protect them from future lawsuits or prosecution over fake paperwork. The U.S. Treasury Department, on the other hand, wants the burden of the foreclosure scandal off the banks' books. snip Most of all, he has said, why is there such a hurry to settle things before anyone knows what really is going on? That speed is what worries Biden. The scandal is not going to go away even if the officials sign the agreements. "Even if the attorneys general or other government agencies don't look into it, journalists will, the private bar will, investors will and borrowers will. The facts will come out." And it will become a deeper scandal if it has been covered over. "Our job is to investigate, to gather the facts," he said. "And that's what we're still doing."
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#1. To: A K A Stone, hondo68, Fred Mertz, Godwinson, go65, war, no gnu taxes, Skip Intro, ferret mike, jwpegler, brian s, mcgowanjm, mininggold (#0)
I think Biden is wrong about that; Blaming Obama trumps the search for truth.
"...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly
Trolling for a bribe from the banksters. A trick he learned from his cuz, Plugs.
Obama's watch stopped on 24 May 2008, but he's been too busy smoking crack to notice.
I would've thought the AGs pushing for a settlement before the investigation is done are the guys getting bribes - maybe you're right.
"...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly
That speed is what worries Biden. The scandal is not going to go away even if the officials sign the agreements.
#2. To: lucysmom (#0)
(Edited)
"Our job is to investigate, to gather the facts," he said. "And that's what we're still doing."
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
#3. To: hondo68 (#2)
Trolling for a bribe from the banksters.
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