The Office of the Comptroller of the Currency failed to spot widespread problems in the foreclosure practices of major banks between 2008 and 2010 because the agency’s examiners underestimated the mounting risks and were given outdated guidance that did not address how the industry had changed, according to a report issued Friday by the Treasury Department’s inspector general.
What else? Oh yeah. The sun was in their eyes. And, a cloud of banksters blotted out the sun. Really!
I've heard better excuses from a 5 year old.
Heck, why not just OpenSource reality? Everyone else knew!
Heck, why not just OpenSource reality? Everyone else knew!
Or were OCC staff instructed not to talk to strangers, aka US citizens?
Is this making Geithner look dumber than dumb, or just downright evil? Or does he have an airtight alibi? He don't talk to nobody but his tailor!
As usual, "nobody could have predicted this."
They were too busy not talking to strangers, and using the DHS to make sure that didn't happen. Why, if Geithner knew what America knows, he'd have to go straight! Don't hold your breath, 'cuz Timmy da Mole ain't givin' up his suit for no one. And certainly not for no stinkin', lower class electorate!
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