Comments on: Barack H. Obama, Esq.’s Role in the Financial Crisis – Buycks-Roberson v. Citibank Federal Sav. Bank http://trustreagan.com/2008/10/10/barack-h-obama-esqs-role-in-the-financial-crisis-buycks-roberson-v-citibank-federal-sav-bank/ Sun, 23 May 2010 14:23:16 +0000 hourly 1 http://wordpress.com/ By: James http://trustreagan.com/2008/10/10/barack-h-obama-esqs-role-in-the-financial-crisis-buycks-roberson-v-citibank-federal-sav-bank/#comment-1295 James Fri, 08 May 2009 11:20:28 +0000 http://trustbutverify.wordpress.com/?p=599#comment-1295 I find it outrageous that you say the “individuals’ incomes were insufficient to cover the loans in light of their credit history.” Mr. Calvin Roberson who was also a plaintiff in the case and I cite, Buycks-Roberson v. Citibank Federal Sav. Bank, 162 F.R.D. 322 (N.D. Ill 1995) “Mr. Roberson provided Citibank with all requested documentation, including documents showing an annual income of approximately $69,000 from his management position at AT & T and the equity in his home valued at approximately $75,000. Mr. Roberson also provided documentation showing additional liquid assets well in excess of the amount of the loan requested. Mr. Roberson's income was more than sufficient to enable him to meet his credit obligations.” So that to you is an individual that is not qualified to repay a loan of $43,000 to refinance his home. Maybe you’re relaying on websites that are based more opinion and less on facts. I’m going to make the same suggestion Jerry made my friend get access to the actual case file. Take Care, James I find it outrageous that you say the “individuals’ incomes were insufficient to cover the loans in light of their credit history.” Mr. Calvin Roberson who was also a plaintiff in the case and I cite, Buycks-Roberson v. Citibank Federal Sav. Bank, 162 F.R.D. 322 (N.D. Ill 1995)

“Mr. Roberson provided Citibank with all requested documentation, including documents showing an annual income of approximately $69,000 from his management position at AT & T and the equity in his home valued at approximately $75,000. Mr. Roberson also provided documentation showing additional liquid assets well in excess of the amount of the loan requested. Mr. Roberson’s income was more than sufficient to enable him to meet his credit obligations.”

So that to you is an individual that is not qualified to repay a loan of $43,000 to refinance his home. Maybe you’re relaying on websites that are based more opinion and less on facts. I’m going to make the same suggestion Jerry made my friend get access to the actual case file.

Take Care,

James

]]> By: Jerry Reed http://trustreagan.com/2008/10/10/barack-h-obama-esqs-role-in-the-financial-crisis-buycks-roberson-v-citibank-federal-sav-bank/#comment-1276 Jerry Reed Mon, 13 Apr 2009 01:45:54 +0000 http://trustbutverify.wordpress.com/?p=599#comment-1276 Your analysis makes a mountain of a molehill. You (nor anyone else I have seen) have produced not a scintilla of evidence that then-junior lawyer Barack Obama influenced the Buycks-Roberson case in any significant way. His name was not even mentioned in court papers on the major milestones of the case, such as the three complaints,a lengthy discussion among opposing attorneys and the judge, the motion seeking class action certification, the settlement or the final orders. He was essentially a little-used errand boy. Look into the case file -- I have. The outcome of the case has been grossly misrepresented as well. The bank never agreed in the settlement to make loans to uncreditworthy applicants, but did offer to fashion a way to educate unsuccessful applicants on how to repair their creditworthiness and other problems to qualify for future loans. Nor has anyone demonstrated that the Buycks-Roberson case had any appreciable effect on the mortgage crisis several years down the road. Just a lot of innuendo. Jerry Reed Your analysis makes a mountain of a molehill. You (nor anyone else I have seen) have produced not a scintilla of evidence that then-junior lawyer Barack Obama influenced the Buycks-Roberson case in any significant way. His name was not even mentioned in court papers on the major milestones of the case, such as the three complaints,a lengthy discussion among opposing attorneys and the judge, the motion seeking class action certification, the settlement or the final orders. He was essentially a little-used errand boy. Look into the case file — I have.
The outcome of the case has been grossly misrepresented as well. The bank never agreed in the settlement to make loans to uncreditworthy applicants, but did offer to fashion a way to educate unsuccessful applicants on how to repair their creditworthiness and other problems to qualify for future loans.
Nor has anyone demonstrated that the Buycks-Roberson case had any appreciable effect on the mortgage crisis several years down the road.

Just a lot of innuendo.

Jerry Reed

]]> By: Edwin http://trustreagan.com/2008/10/10/barack-h-obama-esqs-role-in-the-financial-crisis-buycks-roberson-v-citibank-federal-sav-bank/#comment-972 Edwin Sat, 22 Nov 2008 13:32:04 +0000 http://trustbutverify.wordpress.com/?p=599#comment-972 Thank you very much for your post. Absolutely excellent information and very useful for me. Great done and keep posted. Looking forward to reading more from you. Thank you very much for your post. Absolutely excellent information and very useful for me. Great done and keep posted. Looking forward to reading more from you.

]]> By: Mark http://trustreagan.com/2008/10/10/barack-h-obama-esqs-role-in-the-financial-crisis-buycks-roberson-v-citibank-federal-sav-bank/#comment-187 Mark Fri, 10 Oct 2008 21:48:10 +0000 http://trustbutverify.wordpress.com/?p=599#comment-187 Citigroup, the parent, is the largest contributor to Chris Dodd, per OpenSecrets.org. http://www.opensecrets.org/politicians/summary.php?cid=N00000581&cycle=2008 Citigroup, the parent, is the largest contributor to Chris Dodd, per OpenSecrets.org.

http://www.opensecrets.org/politicians/summary.php?cid=N00000581&cycle=2008

]]> By: Islamic Jihad http://trustreagan.com/2008/10/10/barack-h-obama-esqs-role-in-the-financial-crisis-buycks-roberson-v-citibank-federal-sav-bank/#comment-185 Islamic Jihad Fri, 10 Oct 2008 20:59:46 +0000 http://trustbutverify.wordpress.com/?p=599#comment-185 Nothing touches a work of art so little as words of criticism: they always result in more or less fortunate misunderstandings.RainerMariaRilkeRainer Maria Rilke, Letters to a Young Poet Nothing touches a work of art so little as words of criticism: they always result in more or less fortunate misunderstandings.RainerMariaRilkeRainer Maria Rilke, Letters to a Young Poet

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