If you missed 60 Minutes last night, you missed a story that, if it weren’t so typical, it would be the most shocking scandal since the recession began:
sorry folks. As ridiculous as this sounds, this one ain’t no April Fools joke. Turns out that those big banks were in such a hurry to screw us on our mortgages that they forgot to file some very important paperwork. As a result, in order to satisfy the courts and repossess the foreclosed houses, they contracted with forgery firms to recreate the notes. The cat’s out of the bag now, the courts are not accepting the forged evidence, and every Attorney General across the country is pressing charges. Isn’t this just one more big fat reason to increase regulation?