Implode-o-Meter News - Judge Condemns BofA for a Cruel Foreclosure That Drove a Couple to the Brink of Death, Cites "Criminal" Behavior of "Senior Management"

"The oppression of the Sundquists cannot be chalked off to rogue employees betraying an upstanding employer," Judge Klein wrote. "This indicates that the engine is driven by direction from senior management." He even added that the misconduct of the CEO's office "strayed across the civil-criminal frontier."
This unusual candor hints at executive culpability for foreclosure fraud. "The judge signaled something very important here, which every regulator knows," said Eric Mains, a former FDIC official who left the agency to fight his own foreclosure case. "This kind of corrupt culture can only be maintained with knowing approval from the top executives."

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Judge Condemns BofA for a Cruel Foreclosure That Drove a Couple to the Brink of Death, Cites "Criminal" Behavior of "Senior Management"