Welcome to the Coatesville Dems Blog

Public Corruption in Chester County, PA

I believe an unlikely mix of alleged drug trafficking related politicos and alleged white nationalist related politicos united to elect the infamous “Bloc of Four” in the abysmal voter turnout election of 2005. During their four year term the drug business was good again and white nationalists used Coatesville as an example on white supremacist websites like “Stormfront”. Strong community organization and support from law enforcement, in particular Chester County District Attorney Joseph W. Carroll has begun to turn our community around. The Chester County drug trafficking that I believe centers on Coatesville continues and I believe we still have public officials in place that profit from the drug sales. But the people here are amazing and continue to work against the odds to make Coatesville a good place to live.

Saturday, December 11, 2010

The $137 million settlement from Bank of America to DASD seems like a good deal, right?

DASD to receive $1 million settlement from Bank of America
Wrong, the SEC and the USDoJ probably can’t use evidence in their fraud lawsuit in a criminal prosecution. I think Bank of America won.

Richard Cordray, Former Ohio AG:
Every foreclosure done with falsified affidavits was improper.
The fact it happened repeatedly makes it worse.
Ally (GMAC), Bank of America, and JPMorgan Chase admitted to this practice.
Cordray: Apparently they had "fraud as a business model."
CNBC October 15, 2010
From:
Repairing the Damage of "Fraud as a Business Model"
Presentation to the Federal Housing Finance Agency Supervision Summit, Washington, D.C.
Janet Tavakoli, President, Tavakoli Structured Finance, Inc.
December 8, 2010
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