Monthly Archives: November 2010

Next Step for the Senate Banking Committee: Send in the Auditors

I heard a report on NPR of the Senate Banking Committee looking into the massive foreclosure fraud perpetrated by the banking community. They had a clip of a Bank of America spokesperson saying that their procedures for identifying properties to be foreclosed were correct, the implication being that however flawed the process might have been that followed, the foreclosures themselves were justified.

Attention, senators: Don’t take her word for it. Deploy auditors *now* and find out whether she was right or not. If not, have her charged with perjury and locked away for the maximum sentence. Taking testimony in these hearings is useless if the facts are not checked.