“The 50-state settlement with the banks (Oklahoma didn’t sign, but supports letting the banks go scot-free) over mortgage fraud is a stealth bank bailout, according to many top observers. See this, this, this, this, this, this, this and this.”
“This is par for the course … All of Obama’s previous ‘mortgage relief’ programs have really been stealth bank bailouts which screwed the homeowner. And see this.”
Read the full post here.