That $335 Million BofA Settlement: The Good, The Bad, And The Very Ugly | Crooks and Liars

That $335 Million BofA Settlement: The Good, The Bad, And The Very Ugly | Crooks and Liars.

Unfortunately it will be the bank itself, not the government, that selects and oversees the Administrator. While the program will be subject to the government’s oversight and review, its track record on performing those functions has been extremely poor under both President Bush and President Obama. The banks’ “extend and pretend” manipulation was carried out under the permissive eye of the Treasury Department, which didn’t seem troubled by their behavior at all. So another debacle is all too possible.

About civilitasnovus

Political junkie
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s