Tag Archives: Ted Kaufman

Is Arrogant Bank Celebrity Jamie Dimon Too Big to Cuff?

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Cufflinks AdSen. Kaufman on JPMorgan Chase: Private Lawsuit Found Evidence the Feds Didn’t – Huffington Post

“Think of it as the story of two antagonists,” writes Huffington Post’s Richard Eskow. “One of them was an honest senator who came to Washington to fight corruption.

The other is an arrogant banker who’s so sure of his untouchability that he wore “FBI” cuff-links when he made a public appearance last month.”  Eskrow continues in his brilliant exposé:

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Coming Home to Roost – Congressional Oversight Panel, “Banks cannot prove they own the loans…”

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In the recent filing November 9, 2011 of an Ohio case, Deutsche v. Holden, in the Court of Common Pleas in Summit County, (Akron) Ohio, defense attorneys submit that the note had not been transferred pursuant to the PSA therefore the foreclosing entity (Deutsche) did not own the note and mortgage.

Holden‘s Motion to dismiss cites the November 16, 2010 Congressional Oversight Panel’s (COP) report titled “Examining the Consequences of Mortgage Irregularities for Financial Stability and Foreclosure Mitigation” as well as the PSA and New York trust law.

Senator Ted Kaufman warned that the COP investigation found evidence that he stated as the worse case scenario, “considerably grimmer” where “robo-signers served to conceal the fact the banks cannot prove that they own the mortgage loans that Continue reading →