Stock option backdating doj initiative

18 Mar

One was the creation of two quasi-government agencies, , designed to provide capital for people to get affordable housing. "Public records indicate these terminations occurred while (Edwards and Clarkson) were in the midst of successful mortgage fraud litigation and in spite of prior successful reviews," Soto wrote.

While capital came from private investors to provide home mortgages, the loans were guaranteed by the government. "As a member who represents an area ravaged by foreclosure fraud, these terminations present an overwhelming public concern." A former New York lawmaker convicted of insurance fraud earlier this year has pleaded guilty in a separate multimillion-dollar mortgage fraud scheme.

This briefing looks at the details of the investigation and the wider considerations for businesses.

was attending a meeting of the Conference of Western Attorneys General, an organization comprised of "the chief legal officers of 15 "Western" states and three Pacific territories." (Someone needs to show her a map.) Home ownership is a worthy goal, the capstone of the American Dream.

And it really bothered the do-gooders in our society that this goal was out of reach for some.

In their haste to ensure that every American could have a home of their own, significant policy decisions were made planting the seeds of an economic melt-down.

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Zuckerman Spaeder was founded in Washington, DC, in 1975.