"Our Children and Grandchildren are not merely statistics towards which we can be indifferent" JFK

Thursday, September 30, 2010

Senator Al Franken does a Stuart Smalley Therapy on Ally Financial

"As part of this investigation, it is crucial that Ally and its employees are held fully accoutable for any criminal misconduct. "It is critical to confirm that no loans provided through the FHA or in conjunction with the HAMP program were associated with Ally's misconduct."

Oh, oh....wait until Al finds out that our government agencies
have been as negligent and inept as Ally!

Senator Al Franken at a Senate Judiciary Committee in June.
(Photo Credit: Melina Mara/The Washington Post)

By Washington Post staff  
Sen. Al Franken (D-Minn.) called on the departments of Justice and Treasury and other relevant U.S. agencies to investigate foreclosure actions by Ally Financial and to ensure that homeowners who were wronged receive "proper restitution and compensation."

Franken said the company's filing of false affidavits in support of foreclosures "may have resulted in numerous illegitimate foreclosures across the country." He said the probes should include looking into possible criminal misconduct by Ally and its employees.

In a letter sent Wednesday to Attorney General Eric Holder, Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke, among others, Franken also asked administration officials to explain what actions the federal government is taking in its oversight role. Al Franken Letter

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