"Economists are pessimists: they've predicted 8 of the last 3 depressions."
--Barry Asmus

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Wednesday, December 22, 2010

"Outright Theft Is Consistent With Our Internal Policies"

Bank of America, which has seized the moral high ground by refusing to process any payments to WikiLeaks because it "may be engaged in activities that are, among other things, inconsistent with our internal policies for processing payments," is being sued for wrongful foreclosure.


In their defense, at least Ms. Ash was actually behind on her mortgage payments. This is not always the case.

Apparently, foreclosing on the homes of people who don't even have a mortgage is consistent with their internal policies for processing payments. It will be interesting to see what else is consistent with their internal policies.

Oh, and to quote WikiLeaks: "We ask that all people who love freedom close out their accounts at Bank of America."

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