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Old 05-31-2012, 06:56 PM
 
Location: Long Island
57,317 posts, read 26,236,916 times
Reputation: 15654

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Sherry Hunt, good for you we need more people like you.


"Phony Appraisals

By 2006, the bank was buying mortgages from outside lenders with doctored tax forms, phony appraisals and missing signatures, she says. It was Hunt’s job to identify these defects, and she did, in regular reports to her bosses.

Executives buried her findings, Hunt says, before, during and after the financial crisis, and even into 2012."




Woman Who Couldn
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Old 05-31-2012, 07:13 PM
 
79,907 posts, read 44,231,797 times
Reputation: 17209
Good for her.

It brings up the question though as to why nobody has been charged under Sarbanes/Oxley?
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Old 05-31-2012, 07:36 PM
 
Location: Long Island
57,317 posts, read 26,236,916 times
Reputation: 15654
Quote:
Originally Posted by pknopp View Post
Good for her.

It brings up the question though as to why nobody has been charged under Sarbanes/Oxley?
What was Sarbanes/Oxley?

Some of these people should have went to jail, definitely
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