J .P. Morgan Chase forecloses on active duty troops

[Liberal_in_LA]

J .P. Morgan Chase forecloses on active duty troops
February 10 2011


The banking industry showed its callous disregard for working families when J.P. Morgan Chase foreclosed on and overcharged thousands of troops on active duty.

The Servicemembers Civil Relief Act, a federal law, explicitly forbids excessive fees and foreclosures.

Over 4000 families were affected.

"We failed to comply with aspects of the law," said Stephanie Mudick, a vice president of the bank at a recent hearing, offering an apology to the troops.

However some lawmakers were not satisfied writes the Wall Street Journal, "California Rep. Bob Filner, the top Democrat on the panel, made it clear he doesn't think an apology is enough.

http://peoplesworld.org/j-p-morgan-chase-forecloses-on-active-duty-troops/

[midnight]

1. Truly, this is way over the top outrages.... Darn right an apology is not enough...

[dflprincess]

2. "We failed to comply with aspects of the law.."

I'd love to hear someone who got busted for some petty offense say that to a judge. Maybe Lindsey Lohan should try that.

[lonestarnot]

3. Fuck no not enough! Fuck you Chase!

:patriot: