|
|
| Re: If someone steals from a 7-11 store, they go to jail, but bankers at BofA stole and they don't , WHY (1217562) | |||
 |
|||
| Home > OTChat | |||
|
[ Read Responses | Post a New Response | Return to the Index ] |
|
||
|
Re: If someone steals from a 7-11 store, they go to jail, but bankers at BofA stole and they don't , WHY |
|
|
Posted by streetcarman1 on Fri Aug 22 16:02:18 2014, in response to Re: If someone steals from a 7-11 store, they go to jail, but bankers at BofA stole and they don't , WHY, posted by Easy on Fri Aug 22 14:30:38 2014. "What was the bank executive fraud?"These executives knew what the deal was with these loans....that the borrowers could never succussfully pay the monthly as per the terms of the loans. Yet they "rubber stamped" them as OK even though they knew what the real deal was. This is fraud since investors were never told these were "WEAK" loans. These loans really should NEVER have been approved in the 1st place then this would never have happened. |
|
|
|