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"Nearly a third of foreclosed borrowers, or 1.2 million, in 2009 and 2010 were fighting off foreclosure even though they never defaulted on their loans..."
"For example, an employee who placed 10 or more accounts into foreclosure a month could get a $500 bonus. At the same time, the bank punished those who did not make the numbers or objected to its tactics with discipline, including firing."
Nine of the financial firms that were among the largest recipients of federal bailout money paid about 5,000 of their traders and bankers bonuses of more than $1 million apiece for 2008, according to a report released Thursday by Andrew M. Cuomo, the New York attorney general.
Yet, when you start talking about transparency and auditable accountability, a bunch of yahoos come out of the woodwork whining about how corporations deserve privacy.
Yet more proof that government should stay within their boundaries.
Lefties support "bailouts" and then whine about corruption.
The true corruption is within our government.....period.
Republicans have refused to hold those same people accountable.
The true corruption is within our Political parties and elected officials. Our government structure is fine if it was refined to fit within the framework our Founding Fathers intended.
Republicans have refused to hold those same people accountable.
The true corruption is within our Political parties and elected officials. Our government structure is fine if it was refined to fit within the framework our Founding Fathers intended.
This is largely true. It's not the government, it's the people running it.
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