Skip to main content

View Diary: Taibbi, Naked Capitalism Re: Our Bipartisan "Fraudemocracy" (261 comments)

Comment Preferences

  •  Yep - the Banksters were all about Fraud (9+ / 0-)

    Copying my comment from another diary.

    It started with Fraudulent mortgage approvals and led to bigger Fraud - why is no one from the Lenders and Banks in Jail?

    JPMorgan Chase Zippy Cheats and Tricks Memo

          1.  In the income section of your 1003, make sure you input all income in base income. DO NOT break it down by overtime, commissions or bonus.

          2. NO GIFT FUNDS! If your borrower is getting a gift, add it to a bank account along with the rest of the assets. Be sure to remove any mention of gift funds on the rest of your 1003.

          3. If you do not get Stated/Stated, try resubmitting with slightly higher income.

       Inch it up $500 to see if you can get the findings you want. Do the same for assets.

    C'mon Dems - ask Jamie Dimon why Chase approved mortgages after Fraudulently restating income and assets.

    Vote Sestak for PA Senator - remember how horrible Specter treated Anita Hill!!

    by PAbluestater on Sun May 02, 2010 at 11:31:29 AM PDT

    [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site