Relevant:
- Bank oversight office failed to spot foreclosure fraud, Treasury says
- Bank oversight office failed to spot foreclosure fraud, Treasury says
- Bank oversight office failed to spot foreclosure fraud, Treasury says
- Bank oversight office failed to spot foreclosure fraud, Treasury says
- Bank oversight office failed to spot foreclosure fraud, Treasury says
2009-11-27 — bloomberg.com
"Ten of the 12 bank-collapse reviews released by the Fed and Treasury inspectors general this year fault oversight weaknesses including failure to limit excessive concentration in commercial real-estate loans. Examiners from the Fed, and Treasury’s Office of the Comptroller of the Currency and Office of Thrift Supervision also failed to issue enforcement orders and hold banks accountable for recommended changes, according to reports posted to agency Web sites. "
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Comments:
tvsterling at 23:04 2009-11-28 said:
"In several cases we should have acted more quickly" (to enforce). NO FOOLING. How about in ALL cases. Bushy the Bungler ordered & they complied. THE COUNTRY IS RUINED. Do we need to go over 'THE COUNTRY IS RUINED' in detail? They say they need to seriously consider being more proactive in the future. WHAT FUTURE? Helicopter Ben rings in with some stupid gobbledygook laced with pseudo economic phrases too. Reform is coming. My dogg's furry butt. Wholesale carnage, firings & serious congressional action is what's needed. All these jerks are worried about is their plush jobs. Permalinkadd a comment | go to forum thread
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