About time! New York Charges JPMorgan with Mortgage Fraud
Michael Collins
(New York Times, Oct 1) "The federal mortgage task force that was formed in January by the Justice Department filed its first complaint against a big bank on Monday, citing a broad pattern of misconduct in the packaging and sale of mortgage securities during the housing boom. The civil suit against Bear Stearns & Company, now a unit of JPMorgan Chase, was brought in New York State court by Eric T. Schneiderman, the state attorney general."
Schneiderman charged Bear Sterns and JPMorgan, which acquired Bear, with fraud under the state's Martin Act. Unique to New York, the act allows prosecutors the ability to vigorously pursue financial fraud with both civil and criminal charges. The investigative powers provided are broader than those found in any state or among regulators (e.g., the Securities and Exchange Commission).
PermalinkMemo to UN Secretary-General Ban Ki-Moon: The door on a two-state solution was closed 45 years ago
By Alan Hart
UN Secretary-General Ban Ki-Moon told the General Assembly at the start of this week that “the door may be closing for good on a two-state solution to the Israel-Palestine conflict.” He added: “The continued growth of Israeli settlements in the occupied Palestinian territory seriously undermines efforts toward peace. We must break this dangerous impasse.”
The truth of history, which most if not all world leaders know but dare not state, is that the door Ban Ki-Moon sees closing, was actually slammed shut 45 years ago. The precise date of the closure was 22 November 1967. What happened on that day?
Neocon Uber-Hawks Want War on Iran
by Stephen Lendman
In January 2009, Obama succeeded Bush. Neocons stuck around. They infest Washington. War gets their juices flowing. They urge it on Syria and Iran.
Potential catastrophic consequences don't matter. Uber-hawks don't worry about them. It's someone else's problem.
Romney is America's Netanyahu. Both talks about red lines, deadlines, and timelines. Claims about an existential Iranian threat don't wash. Both know it. They'll say anything further their imperial aims. More on Romney below.
Living with the Enemy
by Stephen Lendman
How do Palestinians manage every day? How do they deal with state-sponsored denial of their rights? How do they survive under suffocating conditions?
Where will they live once Israel steals all parts of Judea and Samaria it wants? It's grabbing it durum by dunum. What Palestinians lived on peacefully for centuries is fast disappearing.
On September 21, 30 organizations urged Quartet action to keep Palestinian villages from disappearing. They include:
ActionAid; Amnesty International; Broederlijk Delen; Care International; Caritas Jerusalem; Comet- ME; Danish Church Aid (DCA); Diakonia; Ecumenical Accompaniment Programme in Palestine and Israel (EAPPI); World Council of Churches; EWASH; GVC (Gruppo di Volontariato Civile); HelpAge International; Human Rights Watch (HRW); Japan International Volunteer Center (JVC); Islamic Relief; Kvinna till Kvinna Foundation; MAP UK; medico international; Norwegian Church Aid (NCA); Norwegian People's Aid (NPA); Oxfam; Polish Humanitarian Action (PAH); Prèmiere Urgence-Aide Médicale Internationale; SEBA; The Swedish Cooperative Centre (SCC); Terre des Hommes Italia (TdH); The Carter Center; The Overseas NGO; War Child; and World Vision Jerusalem-West Bank-Gaza.
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