Wednesday, October 05, 2011

Today is a big day for Occupy Wall Street

Update: Live video here.

Meanwhile, in the news this morning:

Some of the nation’s largest banks are being accused of defrauding military veterans and taxpayers out of hundreds of millions of dollars. In a new lawsuit, companies including Wells Fargo, Bank of America, J.P. Morgan Chase, CitiMortgage, Countrywide Home Loans, Washington Mutual Bank and GMAC Mortgage are accused of illegally raking in hundreds of millions of dollars through hidden fees in the refinancing of veterans’ homes. The loans have been available under a government provision for retired or active-duty veterans. The case was brought by two whistleblowers who work as mortgage brokers in Georgia. They allege over one million veterans may have been subjected to fraud, and that the fees may have pushed tens of thousands of loans into default or foreclosure, at massive cost to taxpayers.

Everything's fucked up, and nobody goes to jail.

Right Here All Over (Occupy Wall St.) from Alex Mallis on Vimeo.


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