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The losers this week? Anyone with a business record they want to introduce into evidence. The winners might just be any homeowner who has been victimized by foreclosure. Maybe the banks have had their 15 minutes. Maybe time is up.
These are just some of the Wall Street entities that took a beating in the last ten days:
- Deutsch bank
- Bank of New York Mellon
- US Bank
- and thousands of trusts that sold mortgage backed securities but never received the proceeds of the sale.
Listen tonight as the corner turns on the banks and the courts go from being perplexed to being angry.
Filed under: foreclosure |