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Video:How A Former Big Bank Lawyer Taught His Old Bosses A $25 Billion Lesson


Business  (tags: humans, law, politics, society, safety, rights, sadness, usa, abuse, americans, crime, corruption, ethics, government, corporate, corruption, business, economy, debt, foreclosures, finance, investments, investing, lies, marketing, money )

JL
- 493 days ago - upworthy.com
Tom Cox is a lawyer who used to represent major banks. Now he's working to help Maine residents facing foreclosure keep their homes, and recently uncovered a massive fraud by five major mortgage lenders that led to a $25 billion dollar settlement



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Comments

JL A. (269)
Monday December 10, 2012, 3:38 pm

How A Former Big Bank Lawyer Taught His Old Bosses A $25 Billion Lesson

Tom Cox is a lawyer who used to represent major banks. Now he's working to help Maine residents facing foreclosure keep their homes, and recently uncovered a massive fraud by five major mortgage lenders that led to a $25 billion dollar settlement to assist people driven into debt by shady business practices. Guess which job he found more satisfying?
Mansur Gidfar

ORIGINAL: By Encore.org. Be sure to check out Maine Attorneys Saving Homes, Tom's project aimed at providing pro bono legal assistance to residents facing foreclosure.
 

Vicky P. (462)
Monday December 10, 2012, 3:41 pm
good for him
 

Michael Kirkby (80)
Monday December 10, 2012, 3:54 pm
How much is enough?
 

Tamara Noforwardsplz (185)
Monday December 10, 2012, 4:14 pm
Noted, thanks J.L. A. Always love to hear a story where the bad guys get what they have coming to them.
 

JL A. (269)
Monday December 10, 2012, 4:25 pm
Good question Michael. You cannot currently send a star to Michael because you have done so within the last week.
You are welcome Tamara--I do, too. You cannot currently send a star to Tamara because you have done so within the last week.
 

Kit B. (277)
Monday December 10, 2012, 4:44 pm

I don't know about anyone else but that touched me, deeply. This attorney just saved the world for those families.
 

JL A. (269)
Monday December 10, 2012, 4:47 pm
I agree Kit. I am touched when a petition helps a family negotiate to keep their home--and he personally helped so many more than the total petitions I can recall. Each of us individually can make a difference if we are open to seeing the opportunities.
 

John B. (215)
Monday December 10, 2012, 9:10 pm
Thanks J.L. for the link to the wonderful video. Kudos to Mr. Cox for his work and to all those associated the Maine Attorney's Saving Homes group. Viewed and noted.
 

JL A. (269)
Monday December 10, 2012, 9:12 pm
Kudos is indeed deserved John.
 

Marianne B. (114)
Monday December 10, 2012, 10:51 pm
Kudos to Tom Cox. Can we clone him in every state to help with foreclosures?
 

David C. (29)
Monday December 10, 2012, 11:04 pm
I just show this to my son telling him "see there are good attorneys out there", both viewed and noted.
 

JL A. (269)
Tuesday December 11, 2012, 7:26 am
Maybe not clone, but if the video or story goes sufficiently viral some others might choose to do likewise Marianne.You cannot currently send a star to Marianne because you have done so within the last week.
 

Dorothy N. (63)
Tuesday December 11, 2012, 10:36 am
Some lawyers are human, some are wonderful, some both wonderful lawyers and human beings.

Although if the bad guys got what was coming to them, the home-owners would also be presented with their houses free and clear and the conniving, criminal banks could carry the cost...
 

JL A. (269)
Tuesday December 11, 2012, 11:35 am
You cannot currently send a star to Dorothy because you have done so within the last week.
 

Mary Donnelly (44)
Tuesday December 11, 2012, 3:57 pm
Thanks again J.L. A.
 

JL A. (269)
Tuesday December 11, 2012, 4:14 pm
You are welcome Mary
 
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