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Attorney general to resign, spent final year fighting financial crime

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Mortgage Professional America | 26 Sep 2014, 10:17 AM Agree 0
Attorney General Eric Holder, criticized during his tenure for failing to go after big financial players for their roles in the 2008 meltdown, has spent the last year making up for lost time in an effort to hold banks accountable for their role in the financial crisis
  • Jason Nolan | | 26 Sep 2014, 11:00 AM Agree 0
    Eric Holder was the best friend the financial industry ever had. He was a paper tiger, pointing to "record" settlements as some sort of evidence that justice was being served. All the while, Dimon, Blankfein and the rest of the criminal cartel are literally "laughing all the way to the bank". Good riddance. In the meantime, let's make sure we close down a few mortgage brokers in Schitscreek, AR since they are the real problem.
  • Brion McDermott | | 26 Sep 2014, 11:09 AM Agree 0
    Excellent response Jason Nolan, you have a grasp of our mutual problem. Unfortunately Holder leaving will only bring another political AG into the fold. It's amazing that we've never received an apology for "not creating" the financial meltdown now that they've proven the banks and investment houses were the real culprits..............but then they already knew that way back when!!
  • Wm Matz | | 27 Sep 2014, 08:59 AM Agree 0
    In the OCT 2010 Niche Report my feature article about why lenders were not doing mortgage mods I included a detailed refutation of Dimon's claim that brokers were responsible for the crisis. Holder's belated interest in the mortgage crisis has little benefit for the borrower. But as we win more and more individual cases against the banks, there looms the possibility of death by a thousand cuts.
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