Trump Treasury Pick Steven Mnuchin's Bank OneWest Accused of Widespread Misconduct
- Submitted by: Love Knowledge
- Category: Politics
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Bump it!Trump’s pick for treasury secretary, Steven Mnuchin, faces scrutiny for his role at OneWest, a bank which has been called a "foreclosure machine" that profited from the collapse of the housing market. We speak with The Intercept reporter David Dayen, who exposed a memo that reveals Mnuchin’s bank may have engaged in "widespread misconduct" while foreclosing on homeowners. It argued OneWest was guilty of a host of infractions, including backdating mortgage documents to speed up foreclosures and manipulating the results of home auctions, and urged California’s attorney general to sue the bank.
Read more http://www.democracynow.org/2017/1/4/trump_treasury_pick_steven_mnuchins_bank
Last modified on Thursday, 05 January 2017 16:23
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