BANK OF AMERICA CEO BRIAN MOYNIHAN MAKES DAMMING ADMISSIONS UNDER OATH TO THE FINANCIAL CRISIS INQUIRY COMMISSION

1/25/2010

ON JANUARY 13, 2010 the Financial Crisis Inquiry Commission www.fcic.gov , which Congress established last year to investigate the causes of the financial crisis, questioned the heads of four big banks -- Lloyd Blankfein of Goldman Sachs, Jamie Dimon of JPMorgan Chase, John Mack of Morgan Stanley and Brian Moynihan of Bank of America. http://www.usatoday.com/money/companies/regulation/2010-01-13-wall-street-hearing_N.htm

Wall Street executives admitted last Wednesday that they made mistakes before a housing boom went bust, leading to a $700 billion taxpayer bailout and the worst recession since the 1930s. CEO Brian Moynihan made a damming admission .“Over the course of this crisis, (Bank of America (BAC)) caused a lot of damage, Never has it been clearer how mistakes made by... (Bank of America )... can affect Main Street." These damming admissions were made under oath and give valid grounds for parties who have been victimized and/or foreclosed upon to obtain Mr. Moynohan's deposition. In order to see a video of the damming admissions click here Bank executives testify

The Financial Crisis Inquiry Commission (FCIC) was created in 2009 by Congress to investigate the country's financial meltdown. In its hearing on January 13, 2010 http://www.fcic.gov/hearings/01-13-2010.php, the commission received damming admissions out of all of the top bank executives.The commission's 10 members include six Democrats and four Republicans. Its chairman is Phil Angelides, a Democrat

Democrats have likened the FCIC hearings to the Pecora hearings, which were a series of hearings conducted by the Senate Banking Committee in 1932 to examine the causes of the 1929 stock market crash and which led to major reforms like the Glass-Steagall Act, which separated investment banks and commercial banks.

Click on the attached link to see the video of the January 13, 2010 FCIC hearings which should be played in every court room in which Bank of American is foreclosing on a property owners home. In the Opinion of AEAE it establishes that Bank of America should be held responsible and should be made to cancel all of the mortgages that it unlawfully issued to property owners from 2004 thru 2008 which now have resulted in the unlawful foreclosure of their homes.

http://www.usatoday.com/video/#/Bank+CEOs%3A+Sorry+for+risky+behavior%2C+bad+decisions/61620515001

FOR THOSE INTERESTED IN JOINING A CLASS ACTION LAWSUIT AGAINST BANK OF AMERICA AND COUNTRYWIDE FOR BEING VICTIMIZED BY A UNLAWFUL MORTGAGE PLEASE EMAIL YOUR information to Ldms4@hotmail.com

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No Exception to the Rule

1/25/2010 03:42:17 pm

Even "small" football teams have always been able to be much bigger and well financed football teams but it requires a "full" court press

Ms Law Enforcement

1/25/2010 08:34:46 pm

Well he certainly wasn't man enough for me. He frequently was caught masturbating to warped fantasies

1/25/2010 08:36:19 pm

Oh LEO YOU SOUND LIKE SUCH A FOOL, I THOUGHT I'D BLOG FROM OUT HERE TO LET YOU KNOW I WAS JUST "FILLED" LIKE YOU COULD NEVER FILL ME AND AS IM USING MY FRIENDS COMPUTER HE IS ABOUT TO PLEASURE ME AGAIN. FOR OLD TIMES SAKE IM GOING TO CALL HIM CHRIS. OH? YOU DIDNT KNOW WHAT CHRIS DID?

Funk & Wagner

1/26/2010 01:43:34 am

DAMMING should be "damning" unless, of course, a waterway has become blocked.

JOHN CHAGNON link

7/13/2011 12:21:12 pm

I want to join the Class Action lawsuit against BOA and Countrywide. I had a home in FL (St. Johns Co), where Countrywide failed to follow mortgage rate, they withheld my elevation certificate for flood ins. No disclosure, they billed me $216:44 every mo. They did not follow 5 yr, fixed rate, as agreed at closing. On 11/11/08, BOA & Countrywide, under oath admitted to lying. They agreed to give borrowers all their closing cost back and BOA to keep home. BOA, for 34 mo, refused to reply to my demand and evidence of fraud and deception at closing. Help me to contact Ldms4@hotmail.com and join in the class action.

Americans for the Enforcement of Attorney Ethics