Which of These Banks Was 2010's Most Shameless Corporate Outlaw?

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from BanksterUSA:



Which of These Banks Was 2010's Most Shameless Corporate Outlaw?
Submitted by Mary Bottari on January 6, 2011 - 15:36

Guest blog from Richard (RJ) Eskow


Bankers. The red carpet's still being rolled out for them in Washington, but if there's a stain on it they'll pout for days. Jason Linkins documents the latest set of cheap white wines from very wealthy white men. (Discrimination lawsuits are a routine part of their legal troubles, too.) This time they're upset because nobody from the six largest banks in America was invited to the president's CEO Roundtable.

They're offended because they didn't meet with the president? From the looks of things they're lucky not to be meeting with the warden. Their collective rap sheet includes fraud, sex discrimination, collusion to bribe public officials... even laundering drug money for Mexican drug cartels. One of them is accused of ripping off some nuns! None of this criminal behavior has stopped them from sulking over a presidential slight. Let's review the record for these corporate malefactors, and then decide:

Which of these six banks was "America's Most Shameless Corporate Outlaw" in 2010? (I mean, really: Nuns?)

1. Bank of America

Here are some recent headlines for the country's largest bank:

* "Bank of America Ends Year With Flurry of Lawsuits"
* "Arizona Wants Bank of America Held in Contempt"
* "Nevada, Arizona sue Bank of America over failed mortgage aid"
* "Allstate Sues Bank Of America For Selling 'Toxic' MBS"
* "Bank of America Hit With Missouri Class Action Over Loan Modifications"

Here are some of the details:

Associated Press: "Attorneys general in Arizona and Nevada filed civil lawsuits Friday against Bank of America Corp., alleging that the lender is misleading and deceiving homeowners who have tried to modify mortgages in two of the nation's most foreclosure-damaged states." ..............(more)

The complete piece is at: http://www.banksterusa.org/content/which-these-banks-was-2010s-most-shameless-corporate-outlaw