http://www.huffingtonpost.com/2010/10/05/democrats-call-for-invest_n_751373.html
I'd like to say this is a good thing but it's not.
This is Nancy making a political maneuver, because her ass is on the line for reelection.
If Congress investigates this it will be like every other thing they have touch, a cover up for their criminal friends.
Goldman Sachs got caught bold face lying at one of their investigations and never even got charged with perjury and still carry on the same corrupt practices to this day, because all the SEC did was to fine once again.
What the banks have done is criminal and it goes all the way to the top of that billion dollar bonus ladder.
House Speaker Nancy Pelosi and the other California Democrats are calling for an investigation into the foreclosure fraud scandal that has forced the nation's biggest banks to halt foreclosures in 23 states.
"It just shows the irresponsibility of the banks, so eager were they to securitize those loans they didn't care almost what they were," said House Speaker Nancy Pelosi (D-Calif.) in an interview with HuffPost on Tuesday.
Bank of America, JPMorgan Chase, and Ally Financial (formerly known as GMAC) halted foreclosures in 23 states after employees admitted in sworn depositions that they didn't verify information in thousands of foreclosure documents.
The California delegation sent a letter to Attorney General Eric Holder, Fed Chairman Ben Bernanke, and Comptroller of the Currency John Dugan demanding an investigation into "possible violations of law or regulations by financial institutions in their handling of delinquent mortgages, mortgage modifications, and foreclosures."
In the Senate, Sen. Bob Menendez (D-N.J.) sent letters to Bank of America, JPMorgan Chase, GMAC, and 117 mortgage servicing companies demanding to know what they've done in light of
