02-09-2011, 01:02 AM
(02-09-2011, 12:44 AM)BlueTiki Wrote: I'd like to read the complaint.
It's curious that the article never mentions charges being brought against any attorneys by the state bar association.
And what about criminal charges against Grant?
Sounds like fraud to me.
Grant is probably broke. The attorney is the only one left standing with any money. You can't sue the bank because the bank is gone.
Everyone in the mortgage industry KNEW the prices were inflated. They KNEW they were making bad loans. I'm just not sure what they expected to happen. Did they really think people who didn't have any other assests or a job would make good on the loans? Or was there ALWAYS the promise of government money when it went bad? I think there is more to this story.