“We’re having a swell un-foreclosure party tonight. We’ll start stacking the loan papers for his bonfire about 8. Can you come? Bring smores!”
Five people are charged with torturing and robbing two loan modification agents they thought falsely promised to save their home from foreclosure.
Two men were charged Monday with torture, robbery and false imprisonment.
Another man and two women pleaded not guilty to the same charges Friday.
Prosecutors say Daniel Weston and Mary Ann Parmelee hired two loan modification agents in hopes of keeping their home but believed the men took their money and did nothing.
Prosecutors claim the victims were lured to Glendale on Oct. 20, held for hours, beaten and robbed before one escaped.
Yea, all too often, its all most criminals understand and would really modify their behavior about: swift, sure, immediate justice that is. Court appointed attorney, 3 Hots and a Cot, 2 years from now—little impact.
Poetic Justice. Sure hope they were guilty.
Couldn’t have happened to two nicer people.
When my home in Oklahoma City was too small, I put it on the market and started looking for another one. The realtor guided me to Bank of America because their rates were the lowest. I don’t even want to consider what the real reason was. They ended up giving me a very good fixed mortgage, but they stuck all kinds of extra “insurance” on there that I didn’t know about. I ended up having to spend 2 hours on the phone a year later getting it off my mortgage payment after the free period was over.
Some good news out of the housing market.
And…what’s the problem?
The headline was misleading. They were con men, not home loan agents. I say these people got what they deserved. Jury nullification, anyone?
If this has been about two cell-phone customer service reps to whom you speak when you try to cancel a plan, this would never had made the paper.
two con men…. ah so they did work in the banking business. 😛
A good first step.
Now here’s step 2:
Locate all the senior executives (past and present) of Goldman Sachs, Lehman Brothers and Bank of America (including any currently employed by the Obama administration).
Drag them from their homes and tear them limb from limb.
Where is the link to donate to their defense?
Lehman Bros didn’t get a bailout.
BofA got a bailout after the Feds made the execs keep quiet about how bad Merrill Lynch was, which they were planning to buy.
So were the home loan people guilty or not?
They should do this with cities that use eminent domain to hand your property to a bigger fish. Like how a mechanic shop was handed to the NewYorkTimes
This is just another story to distract people from the real criminals stealing money. Hint: you can find them in the White House.
#11, Lyin’ Mike,
BofA got a bailout after the Feds made the execs keep quiet about how bad Merrill Lynch was, which they were planning to buy.
Been listening to talk radio again, haven’t you.
BofA bought ML after the government subsidized the purchase. Basically, BofA got ML for nothing.
It is more their own investments that hurt BofA than ML’s portfolios.
Where do I sign up? 🙂
Anyone see the new “Saw” movie? Same thing.
Benjamin said, on October 27th, 2009 at 5:33 am
The headline was misleading. They were con men, not home loan agents.
And how are “home loan agents” NOT con men?
Anyway, this is what happens when the government refuses to protect people from predators. Expect more stories like this over the next few years. I certainly look forward to it myself.
http://online.wsj.com/article/SB124045610029046349.html
Mr. Lewis, testifying under oath before New York’s attorney general in February, told prosecutors that he believed Messrs. Paulson and Bernanke were instructing him to keep silent about deepening financial difficulties at Merrill, the struggling brokerage giant. As part of his testimony, a transcript of which was reviewed by The Wall Street Journal, Mr. Lewis said the government wanted him to keep quiet while the two sides negotiated government funding to help BofA absorb Merrill and its huge losses.
[Bank of America CEO Ken Lewis testified he was pressured to keep silent about deepening financial difficulties at Merrill Lynch.] Reuters
Bank of America CEO Ken Lewis testified he was pressured to keep silent about deepening financial difficulties at Merrill Lynch.
Q: Were you instructed not to tell your shareholders what the transaction was going to be?
A: I was instructed that ‘We do not want a public disclosure.’
Q: Who said that to you?
A: Paulson…
Q: Had it been up to you would you [have] made the disclosure?
A: It wasn’t up to me.
Q: Had it been up to you.
A: It wasn’t.
* More highlights from Ken Lewis’s testimony
Under normal circumstances, banks must alert their shareholders of any materially significant financial hits.
Really why someone hasn’t started taking out CEO’s I have no idea. I wouldn’t want to be walking out a lobby in a $2K Italian suit. Yes they have security, but if someone wants you dead bad enough, nothing is going to stop them.
So, let me get this straight; if it’s the CIA doing it to an innocent Iraqi fingered by an enemy, it’s enhanced interrogation.
If it’s Americans doing it to con men who get away with anything, it’s torture.
America, the place where con men are protected over the innocent.
What’s the world coming to when a con man can’t even make a dishonest living without getting beat up, robbed, and tortured?