Submitted by Anonymous (not verified) on Fri, 01/27/2012 - 11:18pm.
I completely support AG Harris opinion in this matter. By denying the current settlement dollar amounts proposals and arrangements saying NO was the right answers and that decision is in allignment with the people whose home equity has suffered and the people that have fallen victim to the predatory lending tactics. The current offer does not come near half the amount to the $700 billion dollars at issue.
The proposal doesn't even come near to justify to begin discussion. This is a serious problem should not be taken lightly or any hasty actions. AG Bondi should realize that her personal interest should not come first. Her constituents are just as angry as any of the population in the other 40 States affected by predatory lending practices that led this nation and the world to a near collapse of the Banking institution. The offer should reflect a fair settlement for the losses in order to be considered a settlement in Good-Faith. $25 Billion is far from a good-faith offer. $25 Billion in addition to the $700 billion may be the better settlement offer. That is right, I call for $725 billion dollars in restitution plus any legal cost and any additional legal cost for the burden to defend this case under grand jury for all the people that has suffered and financially impacted by the greatest CON in the history of this nation and the World.
AG Bondi obviously has not considered all of these and the wide spread impact it had that goes far beyond the bordering state of Florida (and for that matter beyond the borders of United States. The lessons to be learned for the greatest misconduct of corporate greed and the greed in the banking system has not sink in to these opposition. They would rather take the settlement as-is giving them the opportunity of a fast and short-term gains to enrich the proponent of this settlement without considering the long-term effect as the foreclosures continue to rise and affect the economy. Should the peoples' home economic continue to suffer at their expense when the bailout has not trickle down to those who were innocent in this matter and then tricked again to accept a settlement that eventually short-change them?
Responsible people should only commit to a responsible settlement that is commensurate to remedy for the financial burdens arising from the misconducts. Only then should there be any further discussion in dealing with how to disburse settlement in a fair and timely matter. AG Harris was correct. AG Bondi and the other AG and those responsible in the settlement conference and those who wish to settle for the $25 Billion should stop and think for the people before their own interest that is at stake. Generally, the best settlement for the people will result in the best compensation to those involved in executing the best settlement. Logic indicates the best outcome brings the best reward. So sit tight for the people.
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I completely support AG Harris opinion in this matter. By denying the current settlement dollar amounts proposals and arrangements saying NO was the right answers and that decision is in allignment with the people whose home equity has suffered and the people that have fallen victim to the predatory lending tactics. The current offer does not come near half the amount to the $700 billion dollars at issue.
The proposal doesn't even come near to justify to begin discussion. This is a serious problem should not be taken lightly or any hasty actions. AG Bondi should realize that her personal interest should not come first. Her constituents are just as angry as any of the population in the other 40 States affected by predatory lending practices that led this nation and the world to a near collapse of the Banking institution. The offer should reflect a fair settlement for the losses in order to be considered a settlement in Good-Faith. $25 Billion is far from a good-faith offer. $25 Billion in addition to the $700 billion may be the better settlement offer. That is right, I call for $725 billion dollars in restitution plus any legal cost and any additional legal cost for the burden to defend this case under grand jury for all the people that has suffered and financially impacted by the greatest CON in the history of this nation and the World.
AG Bondi obviously has not considered all of these and the wide spread impact it had that goes far beyond the bordering state of Florida (and for that matter beyond the borders of United States. The lessons to be learned for the greatest misconduct of corporate greed and the greed in the banking system has not sink in to these opposition. They would rather take the settlement as-is giving them the opportunity of a fast and short-term gains to enrich the proponent of this settlement without considering the long-term effect as the foreclosures continue to rise and affect the economy. Should the peoples' home economic continue to suffer at their expense when the bailout has not trickle down to those who were innocent in this matter and then tricked again to accept a settlement that eventually short-change them?
Responsible people should only commit to a responsible settlement that is commensurate to remedy for the financial burdens arising from the misconducts. Only then should there be any further discussion in dealing with how to disburse settlement in a fair and timely matter. AG Harris was correct. AG Bondi and the other AG and those responsible in the settlement conference and those who wish to settle for the $25 Billion should stop and think for the people before their own interest that is at stake. Generally, the best settlement for the people will result in the best compensation to those involved in executing the best settlement. Logic indicates the best outcome brings the best reward. So sit tight for the people.