Blog Archive: April 2013

Displaying 1-3 of 3 result(s).

Revolving Door Rewards Regulators following Weak Foreclosure Crisis Response

From right to left, Attorney General Eric Holder, former Assistant Attorney General Lanny Breuer, former FDIC Chair Sheila Bair, and former SEC Chair Mary Schapiro, are sworn in on Capitol Hill in Washington, Thursday, Jan. 14, 2010. (AP PHOTO/PABLO MARTINEZ MONSIVAIS) Two recent Obama-appointees, SEC Chair Mary Schapiro and Assistant Attorney General Lanny Breuer and SEC Chair Mary Schapiro, have decided to cash out through the revolving door. As explained in a National Journal article: As...

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OCC Settlement Checks Look Like a Scam... and Bounce

In a not-so-shocking turn of events, the previously botched OCC foreclosure fraud settlement has reached a new level of absurdity. As reported in the blogosphere, OCC Independent Foreclosure Review checks, sent by a paying agent of the name Rust Consulting, are being rejected by banks due to insufficient funds. To make matters worse, Rust Consulting is sending the checks out in scammy-looking envelopes, which bear a striking resemblance to a debt collection letter or bulk spam mail, have a lo...

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NASA Whistleblowers Report Data Exfiltration to China

According to a Federal News Radio article entitled FBI investigating NASA whistleblower reports of Chinese data breach, Congressman Frank Wolf informed the FBI that NASA whistleblowers “approached him, claiming that higher-ups had authorized the hiring of a contractor employee connected with an organization within China that federal agencies already had red-flagged as a potential national security threat.” Congressman Wolf stated that the subject contract employee was a Chinese national ...

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