THE SKY IS FALLING ON THE CRIMINAL ENTERPRISES KNOWN AS BANKS THAT ARE FRAUDULENTLY FORECLOSING ON INNONCIENT HOME OWNERS

11/7/2010

CHICAGO-(AEAE)-IN A CIVIL RACKETEERING COMPLAINT FILED IN CHICAGO IS CHARGES BANK OF AMERICAN AND BANK OF NEW YORK WITH BEING CRIMINAL ENTERPRISES FOR THEIR ALLEGED CONDUCT IN THE FOCELOSURE crisis.

Now Morgan Stanley has also been charged with wrongly foreclosing on homes in a U.S. Class Action lawsuit filed in Newark Federal Court for disregarding procedural safeguards for borrowers when it bundled home mortgages into securities for resale to other institutions.

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