Caroline Gerardo, C. G. Barbeau the Loan Lady nmls 324982 (CMG Financial)

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Rainmaker
4,869,301
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

I say "lock all of 'em up"..... throw away the key....

May 23, 2019 01:59 PM
Rainmaker
1,563,885
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Nope, I don't care Caroline Gerardo .

May 23, 2019 06:52 PM
Ambassador
3,184,751
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Do I care? Yes but, truly, there is nothing that I can do about it and there are SO many more people who get away with ripping off people than the number caught. 

May 23, 2019 09:25 PM
Ambassador
4,055,344
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

The level of corruption in this Kleptocracy is unprecedented.

May 23, 2019 07:41 PM
Rainmaker
3,240,848
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Like Nina Hollander answered,  the extent of my caring has little impact on the decision.  

May 23, 2019 07:17 PM
Ambassador
2,178,264
Wanda Kubat-Nerdin - Wanda Can!
Prado Real Estate South - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Rather than climbing the ladder of success, he abruptly fell off due to his lack of honesty and greedy motives, deservedly so!

May 23, 2019 06:23 PM
Rainmaker
2,763,534
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Yes. I care. Power. Greed. Corruption. 

May 23, 2019 01:16 PM
Rainmaker
732,901
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

If true then he should be prosecuted 

May 24, 2019 05:22 AM
Rainer
222,417
J.R. Schloemer, CRS
Kentucky Select Properties - Louisville, KY

Care...yes. Anything I can do about it...not a chance. Traded DC snakes for NYC snakes, if you ask me.

May 23, 2019 07:31 PM
Rainmaker
5,263,888
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Just another bad player.

May 23, 2019 06:49 PM
Rainmaker
1,024,112
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Justice served...

May 23, 2019 04:54 PM
Rainmaker
724,099
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

There is probably more of this sort of behavior that never even comes to light.

May 23, 2019 04:50 PM
Rainmaker
3,167,405
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Some crooks get caught and a few pay the price. 

May 23, 2019 03:32 PM
Rainmaker
350,570
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

Sadly there are too many crooks out there including people on top.

May 23, 2019 03:16 PM
Rainmaker
650,891
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

The fact that he is a banker is irrelevant. He has been indicted due to allegations of illegal activity.

Don't be surprised if there are more indictments in the future.

May 23, 2019 02:49 PM
Rainmaker
522,592
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Corruption is everywhere & it wears lots of different faces. 

May 23, 2019 02:21 PM
Rainmaker
911,112
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

None were clients of mine, so nope.

May 23, 2019 02:17 PM
Rainmaker
1,526,388
Mike Cooper, GRI
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

Sadly, I don't have time to care what a few entitled business people do behind scenes. If we pulled the curtain back on all of those in banking, business and DC, we might find that we learn more than we wanted to know. 

May 23, 2019 01:59 PM
Rainmaker
2,974,070
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Whether I care or not... won't change anything.

May 23, 2019 01:37 PM
Rainmaker
2,895,002
Richard Weeks
Dallas, TX
REALTOR®, Broker

Hope he enjoys prison time.

May 23, 2019 01:11 PM
Rainmaker
2,424,079
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Human nature on the prowl mixed with temptation=who can say? Motives are key to understanding anything and this mans conduct remains to be seen

May 23, 2019 03:18 PM
Rainer
178,222
Raj Taj
RE/MAX - Lake Bluff, IL
Drive By Blessings!

What a Calk...

May 23, 2019 03:01 PM
Rainmaker
743,532
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I do care to read the name of Bank of America's CEO and see him pictured in an orange jump suit.

May 23, 2019 01:13 PM
Rainmaker
1,505,092
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

I honestly just heard of this & I'm in Chicago. Sounds like he was trying to 'pay' for a position. We'll see. He did supposedly ram thru that loan though.

May 24, 2019 05:09 AM
Rainer
35,265
Ken Jones
Ken Jones Real Estate Advisor - Toms River, NJ
Real Estate Advice & Training

Caroline Gerardo As I see it, the government is criminalizing everything having to do with President Trump regardless of the reality of the situation.

Frankly, if the stockholders of his bank aren't concerned enough to remove him from being CEO, why should law enforcement care?

This guys didn't do anything criminal (in my opinion) and certainly nothing more serious than is done by lenders at every level throughout the world.

May 24, 2019 04:58 AM
Rainer
409,543
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

Sadly I'd say there are always people of this nature looking for stardom and putting themselves in the limelight didn't go as planned.  

May 24, 2019 04:25 AM
Rainmaker
1,521,521
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Swamp dwellers live on both sides of the political aisle

May 24, 2019 08:07 AM
Ambassador
3,042,729
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

 Anything that happens concerns me no matter what political party does wrong ...

May 24, 2019 07:04 PM
Rainmaker
1,817,286
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Red or Blue most politicians have sold their sold to the Devil

May 24, 2019 02:09 PM
Ambassador
881,481
John Meussner
Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, - Walnut Creek, CA
#MortgageMadeEasy Walnut Creek, CA 484-680-4852

I say "YAWWWWWN"

Nothing more than modern day "friends of Angelo" program.  Unless your head's in the sand, you know these guys are all shady actors.

May 24, 2019 01:52 PM
Rainmaker
552,414
Peter Mohylsky, SoWal Is HOME.
PrimeSouth Properties - Santa Rosa Beach, FL
Let me help you find your path to the beach.

dont care either but thanks for sharing

May 24, 2019 01:26 PM
Rainmaker
772,605
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

I say let justice be done and let the chips fall where they may.

Investigate fairly without bias or agenda, prosecute fairly and according to the law, and sentence convicted felons fairly based on circumstances and their actions without consideration for their race, gender, and social status.

 

May 24, 2019 11:18 AM
Rainmaker
998,915
Corinne Guest
Corinne Guest, REALTOR® | Barrington Realty Company - Barrington, IL
Barrington Lifestyles

He got caught, that's the right outcome. Do I care? Actually I did not know. Staying away from news... too much bad stuff going on I prefer to remain ignorant for a while.

May 24, 2019 09:48 AM
Rainmaker
984,194
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

$16M

May 24, 2019 08:15 AM
Ambassador
1,611,673
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

He should be locked up.

May 24, 2019 07:59 AM
Rainer
178,240
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

While the case is strange, I don’t see any wrongdoings, except for the fact that he approved a loan on a fraudulent application. People under him denied it, but he overroad their decision. Bad business, yes, a crime, no

May 25, 2019 05:11 AM
Rainmaker
429,179
Greg Large
ERA Real Solutions - Grove City, OH
A Tradition of Trust

I do not care. Do bad things, get caught, no sympathy.

May 25, 2019 04:55 AM
Rainmaker
4,020,287
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I agree with Barbara!

Jun 09, 2019 03:24 PM
Rainmaker
1,449,343
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

No, don't

May 27, 2019 05:08 AM
Rainmaker
3,066,298
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Figures that some get away with things  and then make out like a bat.

 

 

May 26, 2019 07:51 AM