Daily Archives: October 30, 2016

FBI set to review 650,000 Weiner-laptop emails for Clinton server ties as hope for quick resolution fades

Can’t wait for the election to be over…

The FBI will wade through 650,000 emails on the computer top Hillary Clinton aide Huma Abedin shared with her estranged husband Anthony Weiner in a last-ditch effort to find a batch that might be linked to the Democratic nominee’s private server — a bizarre 11th-hour surge in an already years-long search for a smoking gun that has now prompted accusations of political bias.

It was also revealed Sunday that agents had learned of the new laptop in early October but did not brief FBI Director James Comey on the emails found on it until late last week, an eye-opening chronology that raises further questions about his role in potentially upending the already chaotic 2016 race.

Metadata on the computer found by agents indicated that as many as thousands of emails may have been sent to or from the private Clinton server that was the subject of the FBI’s original investigation, The Wall Street Journal reported Sunday. But the sheer amount of emails that agents will now have to review — just to determine which are duplicates of emails they’ve already looked at and whether any contain classified information — will ensure that the newest stage of the probe will not conclude until weeks after voters go to the polls on Nov. 8.

Read on.

The real reason millennials aren’t putting their money in banks

US banks are imposing stomach-churning and often hidden fees — some with gargantuan, five-digit interest rates — that force as many as 25 million poorer millennials and Gen Xers to go unbanked, according to the latest studies.

“Millennials are a large portion of the group now being pushed out of the system, along with other lower-income people who are economically distressed,” Alex Tabb, chief operating officer of Tabb Group, a financial markets research firm, told The Post. “It just so happens that more millennials are in the lower-income group today.”

And in a report for the podcast “Wall & Broadcast,” Tabb and co-host Dan Simon discover that millennials — a cohort of some 75 million Americans 18 to 34 — are not voluntarily quitting banks in droves just for the lure of high-tech alternatives, as is popularly assumed.

It’s more because of the mafia-style fees banks are charging.

The “Wall & Broadcast” report, which talked to millennials, some unbanked, did not single out any individual banks, but in reviewing the entire sector, the podcast noted:

  • The majority of debit card overdraft fees are on transactions of $24 or less.
  • The majority of overdrafts are repaid within three days.
  • In lending terms, a consumer borrowing $24 for three days and paying the median overdraft fee of $34, effectively carries a 17,000 percent annual percentage rate.
  • An unbanked consumer pays as much as 2 percent of the face value to cash a check at a facility such as Western Union in New York.\

Read on.

Leaked memo: Clinton campaign looked to oust Wasserman Schultz as DNC Chair last year

Well, well, well.. Politics make strange fellows. Look like player Debbie got played. Debbie manipulated the Democratic Party election, used the media, and violated the DNC charter for not being impartial to all of the Democratic candidates in order to get Hillary Clinton nominated as President while Clinton camp was working behind the scenes trying get her out of her position.. Pay back is a b for sure…

Fwd: Documents for Discussion

To: john.podesta@gmail.com
Date: 2015-12-19 12:27
Subject: Fwd: Documents for Discussion

Shadow banks are taking over the mortgage market again

Shadow banks are on the cusp of taking the lead from their commercial counterparts in the mortgage market, new data suggests, a phenomenon that hasn’t been seen since the 2008 financial crisis.

Non-bank lenders, which inhabit the comparatively lightly regulated industry, accounted for 48 percent of mortgage activity in 2015 — and there’s reason to believe that when all is said and done for 2016 that number will grow.

The implications, while good for an industry that is believed to hold about $80 trillion in assets, carry some dark undertones.

“The last time nonbanks accounted for that much mortgage activity was 2006, the year before the subprime crisis began,” a report fromSNL Financial said this week. (NOTE: The post is behind SNL’s pay wall.)

Read on.

‘Mistake’ Wells Fargo Letter Says Thousands of Homeowners Owe Back Taxes

WHITEFISH BAY — About 3,300 Milwaukee and Dunn County homeowners may become panicked over letters sent to them by mistake.

Wells Fargo officials stated in writing that customers were incorrectly notified that their real estate taxes were delinquent.

Homeowners in Franklin, Shorewood, Whitefish Bay, Milwaukee, and Wauwatosa are being reassured it was all a mistake.

The finance department in Whitefish Bay did their own detective work.

The first thing they noticed is that non-escrow customers, or people who don’t have their taxes come out with their mortgage payment each month, were unfairly targeted.

“And what she noticed – she pulled up a lot of these is that the tab for ‘delinquent’ is naturally bright red. She also found out from Wells Fargo that they had used a third-party to determine the delinquency of non-escrow mortgages,” said Jenny Heyden, Village of Whitefish Bay.

To ease everyone’s minds, Heyden says a new letter is coming soon from Wells Fargo to state the letters were sent out in error.

Read on.

Cummings and Conyers Request Full Disclosure from DOJ and FBI on Email Investigation

Oct 28, 2016
Press Release

Cummings and Conyers Request Full Disclosure

from DOJ and FBI on Email Investigation


Washington, D.C. (Oct. 28, 2016) – Today, Reps. Elijah E. Cummings and John Conyers, Ranking Members of the House Committees on Oversight and Government Reform and Judiciary, sent the following letter to Attorney General Loretta Lynch and FBI Director James Comey:



October 28, 2016


The Honorable Loretta E. Lynch                                The Honorable James Comey

Attorney General                                                        Director, Federal Bureau of Investigation

U.S. Department of Justice                                         U.S. Department of Justice

950 Pennsylvania Avenue NW                                   935 Pennsylvania Avenue NW

Washington, D.C. 20530                                            Washington, D.C. 20530


Dear Attorney General Lynch and Director Comey:


Today, Director Comey sent a letter to eight Congressional Committees after the FBI learned of the existence of emails that may be pertinent to its investigation of former Secretary Hillary Clinton’s personal email server.


Although Director Comey’s letter was clear that none of the new material identified by the FBI may be “significant,” the letter provided such limited and vague information that it allowed rampant speculation, numerous leaks, and wild accusations just 11 days before the presidential election.


During Director Comey’s testimony before Congress on July 7, he made clear that the FBI was not treating Secretary Clinton differently from anyone else investigated by the FBI.  He explained that it would have been a double-standard to recommend prosecution based on the evidence the FBI had obtained.


In fairness to everyone involved, we are writing to request that the FBI and Department of Justice issue a more complete accounting of the details behind this letter, based on information from your career investigators and prosecutors, in order to debunk these conspiracy theories and correct the public record.







Rep. Elijah E. Cummings                               Rep. John Conyers, Jr.

Ranking Member                                            Ranking Member

House Committee on Oversight and               House Committee on the Judiciary

Government Reform



cc:        The Honorable Sally Yates, Deputy Attorney General


The Honorable Mary McCord, Principal Deputy Assistant Attorney General for National Security


The Honorable Jason Chaffetz, Chairman, House Committee on Oversight and Government Reform


The Honorable Bob Goodlatte, Chairman, House Committee on the Judiciary


114th Congress

Watergate prosecutor Nick Akerman letting both James Comey and Trump have it over Clinton email developments

Oct 28

prosecutor letting both James Comey and Donald Trump have it over today’s Hillary Clinton email developments:



And here is the letter that James Comey sent to Congress. Click here. And it is interesting that Comey didn’t include the ranking members (which are the Democrats) on the committee. Certainly, Comey needs to come clean with the public since it revealed that the FBI has reviewed yet the supposed emails connected to Clinton. 

Lastly, there has been so much chatter about Comey’s political party affliation. Yes, he was a life long Republican but not anymore.That was announced in July. So, what party did Comey switched to? He didn’t reveal, but I suspect that Comey registered as a non-political party affilitation. That way, no one will know who he votes for.

Money Manager Thinks “High-Decibel” Elizabeth Warren Doesn’t Know Her Place

“HIGH-DECIBEL” SEN. Elizabeth Warren doesn’t know her place, according to a Friday New York Times op-ed.

Roger Lowenstein, the journalist-turned-chairman of the Sequoia mutual fund, criticizes Warren, “the nation’s unelected regulatory czar,” for being too outspoken about the financial industry. At one point, Lowenstein condemns her for “painting bankers with as broad a brush as Donald J. Trump uses to demean Muslims.”

For the record, Warren has not called for all bankers to be barred from entry into the United States “until we figure out what’s going on.”

Lowenstein first disparages Warren for calling for the termination of Securities and Exchange Commission Chair Mary Jo White for “failing to have the SEC draft rules requiring corporations to disclose details of their political spending.”

While it is terribly uppity of a senator to have a perspective on a public policy issue, the corporate political spending rule is only one of Warren’s criticisms of White.

Read on.

Seen At 11: Homeowners Claim They Were Burglarized By Their Banks


MORRIS, N.J. (CBSNewYork) — Being burglarized is among a homeowner’s worst nightmares.

Now, imagine the intruder is actually sent there by your bank. Those break-ins happen more often than you might think.

“All the cabinets were open, everything was in disarray,” Davide Adier recalled.

What’s worse say owners  is the realization that their mortgage holder — thebank, not a burglar — may have been responsible.

How is this happening?

As CBS2’s Maurice Dubois reported, if you miss a couple of mortgage payments the bank could send someone to see if the property was abandoned — all perfectly legal.

After foreclosure proceedings start, the bank could go back to change the locks — with a court order this is legal.

Here’s the problem; homeowners say their homes were never abandoned, there was no court order, and they were actually in the midst of renegotiating their mortgages when their banks broke in. That isn’t legal.

“The question is, why would a bank deem a house abandoned, when it wasn’t abandoned and then eventually break into a house,” attorney Josh Denbeaux said.

Experts said sometimes it’s a mix up or a mistake, but Denbeaux — who specializes in foreclosure cases — believes it’s intentional.

He said the practice is well known within the industry as a ‘trash and lock out’ — ‘trash’ because the home needs to appear to have been vandalized before the locks can be changed.

“It takes money to service a loan. It takes money to track people down, knock on doors, go to court, get the order. Banks don’t want to spend money, they want to make money,” he said.

Adier admits, after the death of his father  payments on his childhood home in Morris Township, New Jersey were skipped, but maintains he was in contact with Wells Fargo and working things out.

He said it came as a complete shock when the locks were changed, and even more of a shock when he found some of his father’s possessions — including a diary about his father’s escape from the Nazis — gone.

“I’m angry, I feel violated,” he said.

In a statement, Wells Fargo told CBS2 “Under the terms of the loan we have the right to secure a vacant and abandoned property in order to protect and preserve the property.”