A Former Chase Banker Spews His Unethical Guts

The banner NY Times headline was compelling, A Banker Speaks, With Regret By Published: November 30, 2011    The NY Times begins:

“If you want to understand why the Occupy movement has found such traction, it helps to listen to a former banker like James Theckston. He fully acknowledges that he and other bankers are mostly responsible for the country’s housing mess. As a regional vice president for Chase Home Finance in southern Florida, Theckston shoveled money at home borrowers. In 2007, his team wrote $2 billion in mortgages, he says. Sometimes those were “no documentation” mortgages.

“On the application, you don’t put down a job; you…  Continue reading