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We The People....Got Screwed

By Rich Cotton

Real Estate Agent with Rich Cotton The Waterfront Specialist EXiT Preferred Realty

April 09, 2011 03:21 PM

This video is about last weeks Sixty Minutes segment on the bank fraud. This was brought to my attention by Paula Hathaway and her blog on Active Rain. If you did not see the Sixty Minute segment click on the link above and it is in your best interest to read Paula's bIog and all the comments it evoked. I believe it is up to us...We The People, to demand that those responsible (The Banks) be held accountable and punished for the cover up and fraud pertaining to "Robo Signing" and using phony names and titles.

Chesapeake City MD Waterfront Specialist - Rich Cotton Serving the Waterfront/Water Oriented Buyers and Sellers since 1989 in Elkton, Chesapeake City, Earleville, Cecilton, North East, Charlestown, Perryville, Port Deposit, Galena, Kennedyville and surrounding areas. 800-757-7412.

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Paula Hathaway, REALTOR, LBA

Douglas Elliman Real Estate - Southampton, NY

...A Local Expert in all The Hamptons

Rich: I tried to watch the video and it says "this video is private" I need to log in I guess? I also tried on Youtube and that one did the sa,me thing--I will keep my eye out for the new version---I really want to see it! Paula

Apr 09, 2011 03:28 PM

Maria Morton

Platinum Realty - Kansas City, MO

Kansas City Real Estate 816-560-3758

Rich, nice sentiments but I doubt the big bankers will have to pay a penny.

Paula, here is the link:

http://news.yahoo.com/s/yblog_thelookout/20110404/bs_yblog_thelookout/the-foreclosure-mess-isnt-going-away

Apr 09, 2011 06:55 PM

Rich Cotton

Rich Cotton The Waterfront Specialist EXiT Preferred Realty - Chesapeake City, MD

Waterfront Specialist Cecil and Kent Counties MD

Paula,

My fault. In my haste to post I did not select Public at You Tube. It is public now. Thanks again for your eye opening post!

Maria,

I am sorry to say you are probably right . There is an article in the New York Times this morning that confirms your thoughts. I guess it is up to us to write our elected officials and demand an accounting not just a slap on the wrist.

Apr 10, 2011 12:02 AM

Doug Bullwinkel

E Mortgage Capital, Inc. NMLS 1416824 - Roseville, CA

Mortgage Loan Officer NMLS #281609

Thanks for the post Rich. It's unbelievable how corrupt these guys are and they're still going strong on our dime. The video is a real eye opener.

Apr 14, 2011 08:27 PM

Doug,

Thanks for the comment. You are right....they are corrupt....and evidently...above the law.

Apr 15, 2011 02:04 AM

We The People....Got Screwed

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