A news story coming out today reports on the law suit alleging DEFRAUDING OF VETERANS by big bailed out banks.
See Link ---
http://www.washingtonpost.com/blogs/federal-eye/post/brown-calls-for-report-on-alleged-bank-fraud-of-veterans/2011/10/05/gIQAxZQHOL_blog.html
According to the law suit, Wells Fargo, JP Morgan Chase and Bank of America took advantage of a program specifically designed for the refinancing of veterans' mortgages through the Interest Rate Reduction Refinancing Loans.
Two whistle blowers, Victor Bibby and Brian Donnelly, both license mortgage brokers, took the law suit against the big banks in a bid to highlight the disgusting practices these banks used against the Veterans Administration and veterans in general.
Big Bailed Out Banks - will be referred from here on as BBOB.
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