11-01-15 An End to Fraud in the Courts by US Financial Institutions? // Terminar el fraude en los tribunales de EE.UU. instituciones financieras? // 人民法院审理终结，在美国金融机构欺诈？

Posted at 12:26 PM ET, 01/ 7/2011

Mass. court ruling has potential to void thousands of foreclosures 

By Ariana Eunjung Cha

The Massachusetts Supreme Court on Friday upheld a lower court ruling voiding two foreclosures because the banks failed to show the proper paperwork to prove they owned the loans-a decision that challenges the way mortgages were bundled and sold around the world.

Shares of Wells Fargo and U.S. Bancorp--the banks involved in the case--as well as those of other banks fell following the announcement of the decision. Wells Fargo was down 3.4 percent and US Bancorp 1.1 percent at midday.


LINKS:
The full Washington Post report and the Mass Supreme Court ruling:
[1] 11-01-07 a) Mass Court Ruling Has Potention to Void Thousands of Foreclosures - WashPost; b) US Bank v Antonio Ibanez in the Mass Supreme Court - January 7, 2011 Ruling
http://www.scribd.com/doc/46913092/
Regarding widespread Fraud on the Courts in litigation of cases involving US financial institutions under the current crisis and beyond, and refusal of US government agencies to take action, see also:
[1] 10-05-05 Countrywide, Bank of America [NYSE:BAC], and its President Brian Moynihan: Compilation of Records, Evidence of Racketeering
http://www.scribd.com/doc/30975368/
[2] 10-05-05 Chairs of US Congress Committees of the Judiciary and Banking are Requested to Join Senator Feinstein's Inquiries on Comptroller of the Currency
http://www.scribd.com/doc/30979882/
[3]10-06-11 Complaints Filed with Office of Comptroller of the Currency and SEC against Countrywide, Bank of America (NYSE:BAC), and Brian Moynihan - alleging fraud and extortion on Dr Zernik, fraud on shareholders, on banking regulators, and on the US taxpayer s
http://www.scribd.com/doc/32907453/
[4] 10-07-06 Complaint Filed with US Attorney Office Los Angeles Against Moynihan Bank of America [NYSE:BAC] Bryan Cave LLP Alleging Racketeering
http://www.scribd.com/doc/33971099/
[5] 10-05-11 Wright v Bank of America (10-cv-01723) False Certificate of Service
http://www.scribd.com/doc/34137585/
[6] 10-06-18 Wright v. Bank of America, N.A. et al (5:10-cv-01723) at the US District Court, California Northern District - Docket Report
http://www.scribd.com/doc/43811742/
[7] 10-06-19 Wright v Bank of America et al (5-10-cv-01723) at the US Court, Northern District of California - Obstruction and Fraud Alleged by Bank of America (NYSE:BAC) and Brian Moynihan
[8] 10-07-06  Complaint filed against Brian Moynihan, Bank of America, and Attorneys Jenna Moldawsky and John Amberg - for public corruption and financial institution fraud, relative to their conduct in Samaan v Zernik (SC087400) at the Superior Court of California, County of Los Angeles.
http://www.scribd.com/doc/33971099/
[9] 10-10-08 a) AP - Bank of America Issues Nationwide Moratorium on Foreclosures, b) CNBC - Foreclosure Primer
http://www.scribd.com/doc/40470701/
[10] 10-12-29 Florida: Corruption of the Courts and the Legal Profession - with Impunity!
http://www.scribd.com/doc/46028390/
[11] 11-01-05 Alleged of Criminality by Bank of America [NYSE:BAC], Misconduct in the State and US Courts
http://www.scribd.com/doc/46318774/
[12] 11-01-10 Request for investigation/impeachment proceedings, in re: US Judge JED RAKOFF and Clerk RUBY KRAJICK, US District Court, Southern District of New York, Conduct of Securities and Exchange Committee v Bank of America Corporation (1:09-cv-06829) s
http://www.scribd.com/doc/46616530/