Comments on: Lawyers for MF debt, equity holders are sharpening their knives http://blogs.reuters.com/alison-frankel/2011/11/04/lawyers-for-mf-debt-equity-holders-are-sharpening-their-knives/ On the Case Fri, 15 Jul 2016 20:42:45 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: fraudfighter http://blogs.reuters.com/alison-frankel/2011/11/04/lawyers-for-mf-debt-equity-holders-are-sharpening-their-knives/#comment-44 Sun, 06 Nov 2011 17:59:29 +0000 http://blogs.reuters.com/alison-frankel/?p=478#comment-44 With all respect, how can it be accurately stated that there is not a lot of “juicy securities fraud litigation” in process? Is it because the lawyers for the BigLaw firms want to pursue just the most obvious cases with the lowest burden of proof? Throughout the nation, people are losing their home on forged promissory notes and false assignments of mortgages. Is BigLaw waiting for homeowners’ lawyers and the attorneys general like Eric Schneiderman (NY), Beau Biden(DE) and Catherine Cortez Mastro (NV) to make the cases for these law firms before they will pick up on the massive fraud being committed on shareholders of the robo-signing banks. Homes are being stolen with illegal documents creating huge risk to the shareholders of the banks engaging in those practices. Is that disclosed in annual reports or factored in as to risk of holding stock in those institutions? As a lawyer with 36 years of experience, I find it startling that so little has been done by the BigLaw firms in this area. Are they waiting for the collapse of Fannie, Freddie, MERS and the big five mortgage-lending institutions so that they can just go in and pick up the pieces after the fall as it appears they are doing in this case? STOP THE FRAUD NOW!

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