But financial burdens for big banks are not all that’s at stake here. Perhaps even more significant are the social costs associated with mortgage paperwork improprieties and any attempt to brush them under the rug.
“If the public gains the impression that the government is providing concessions to large banks in order to ensure the smooth processing of foreclosures,” the report contends, “the people’s fundamental faith in due process could suffer.”
And along with it, their faith in the government.
via nytimes.com
This is really what this issue is all about: Is our government in place to support the people or big business. It certainly looks to me like the latter. What do you think?