Tuesday, November 20, 2007

Prosecute 'em to the fullest extent of the law....

From NY Times via truthout.org :

Bob Herbert | A Swarm of Swindlers

http://www.truthout.org/docs_2006/112007O.shtml

Bob Herbert writes for The New York Times, "One aspect of the so-called mortgage crisis that hasn't been adequately explored is the extent to which predatory lenders have committed fraud against vulnerable homeowners. They have pushed overpriced loans and outlandish fees on hapless victims who didn't understand - and could not possibly have met - the terms of the contracts they signed.... This is an issue crying out for a thorough federal investigation."

[Use link above to continue reading]

Wrap...

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