Saturday, December 07, 2013

And.$4Bn For My Little Friends...

Well, well.

We all knew that the criminally corrupt ACORN "disbanded" and was replaced by strikingly-similar outfits.

They need money to shake down the banks again.  And JPMorgan will be giving it to them!!

...On Page 5 of “Annex 2″ of the recently released consent order, you’ll find this little gem: The Justice Department mandates that JPMorgan fork over any unclaimed or unpaid consumer damages to a nonprofit group that finances Acorn clones and other shakedown groups.

They stand to reap millions. The “consumer relief” portion of the deal by itself totals $4 billion.
If the government “determines that a shortfall in that obligation remains as of Dec. 31, 2017,” the agreement states, “JPMorgan shall make a compensatory payment in cash in an amount equal to the shortfall to NeighborWorks America to provide housing counseling, neighborhood stabilization, foreclosure prevention or similar programs.”--WND quoted at HotAir

No matter that the taxpayers will be eating the original crap sandwich here.  Let them eat more of the same; Obozo/Holder will see to that.


Anonymous said...

There is no evidence of ACORN "criminal corruption." ACORN was only guilty of helping poor people to vote and to better their lives.

Anonymous said...
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Anonymous said...

...and there is no proof the mafia has ever been involved in a homicide.

Anonymous said...

...and there is no proof republicons have ever toe tapped their way out of an airport restroom.