This timely and important coverage will raise awareness and help us continue to protect consumers from unlawful foreclosures,” Vito Torchia, Jr.
Newport Beach, CA (PRWEB) November 30, 2010
Brookstone Law, PC, is expanding its civil litigation department and is involved in active investigations of the banking crisis including cases throughout the nation where clients are taking the banks to task for unlawful lending practices including cases like those featured in the expose’ in the current issue of Rolling Stone magazine of courts helping banks and financial institutions to the detriment of consumers.
“Courts Helping Banks Screw Over Homeowners,” written by Matt Taibibi describes “a fraud so gigantic that it literally cannot be contemplated by our leaders, for fear of admitting that our entire financial system is corrupted to its core — with our great banks and even our government coffers backed not by real wealth but by vast landfills of deceptively generated and essentially worthless mortgage-backed assets. You've heard of Too Big to Fail — the foreclosure crisis is Too Big for Fraud. Think of the Bernie Madoff scam, only replicated tens of thousands of times over, infecting every corner of the financial universe. The underlying crime is so pervasive, we simply can't admit to it — and so we are working feverishly to rubber-stamp the problem away …behind doors that shouldn't be, but often are, closed.” The article can be found at http://www.rollingstone.com.
“Rolling Stone has gotten it right. This timely and important coverage will raise awareness and help us continue to protect consumers from unlawful foreclosures,” said Vito Torchia, Jr., managing attorney of Brookstone Law. “We think it is important to protect consumers in a court system that often allows megabanks to churn people out of their homes as fast as possible with little regard to their individual situations or the possible irregularities of the actions by alleged mortgage holders against them.”
About Brookstone Law, PC
Based in Los Angeles, with offices in Newport Beach, CA, and Ft. Lauderdale, FL, Brookstone Law, PC, is a law firm comprised of attorneys with experience and success in business, corporate and personal finance, employment, entertainment & media, art & museum, intellectual property and real estate law. The firm has a network of more than 40 affiliate attorneys nationwide and employs highly trained specialists, paralegals, paraprofessionals and administrative staff dedicated to serving our clients. For information, call (800) 946-8655 or visit http://www.brookstone-law.com.