The claim in the past for Bank of America (BOA) , Wells Fargo Citibank was that they are “too big to failure”. Now the claim is that they are “too big to be charged with a pattern of civil racketeering activity in their anxiety to foreclosure on so many millions of Americans. It is alleged that Bank of America while attempting to offer loan modifications, informing home owners that they had to be in “default” to qualify, actually forclosured on these home owners while they were attempting to follow the Bank's instruction to secure a “loan modification”.
Iowa Attorney General Tom Miller is attempting to “spearhead the 50 state Attorney Generals probe” with Bank of America. Mr. Miller is well advised that he cannot make any deal with Bank of America to forgive their fraudulent foreclosure practices without being charged with “conspiracy” and Professional Misconduct before the Iowa Bar Association according to an Ethics Professor at the University of Iowa. “The only think that surprises me, the Professor said, is that “I don't understand why there is not a revolution by the 3 ½ million home owners who have been defrauded out of their property by the big banks!” The Law Firm of Bryant Cave LLP who represent Bank of America have been charged with aiding and abiding BOA defraud home owners out of their homes. This firm is NOT recommended by the Americans for the Enforcement of Attorney Ethics (AEAE). Help the Equal Justice Party expose the big banks fraudulent forclosure practices on the American public by making a small contribution to the EJ party by clicking on the donate button upper right on this screen. Thanks in Advance This story continues Pressure Builds Over Loan Modifying