Blog Archive: July 2015

Displaying 1-2 of 2 result(s).

Wall Street’s Favorite Attorney General, Eric Holder, Returns through Revolving Door to Wall Street-Tied Law Firm

Former U.S. Attorney General Eric Holder “has gone back to work for his old firm, the white-collar defense heavyweight Covington & Burling” where he “will reassume his lucrative partnership (he made $2.5 million the last year he worked there) and take his seat in an office that reportedly – this is no joke – was kept empty for him in his absence” after spending the last six years as “the best defense lawyer Wall Street ever had,” according to Journalist Matt Taibbi of ...

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Regulators Ban Wells Fargo and HSBC from Acquiring New Mortgage Servicing Business

The Office of the Comptroller of the Currency recently restricted mortgage servicing operations at Wells Fargo, HSBC, JPMorgan Chase, Santandar Bank, U.S. Bank, and EverBank based on their failure to comply with the mortgage servicing standards the banks agreed to within the consent orders they entered into following “scandals involving the so-called robo-signing of foreclosure documents by officials without knowledge of the facts as well as other legal shortcuts, lost paperwork and imprope...

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