Why did Obama sue CitiBank to make them give loan to unqualified mortgage applicants resulting in the meltdown? http://is.gd/X5ZvTo
8:04 PM - 2 Sep 12 · Details
Case Name
Buycks-Roberson v. Citibank Fed. Sav. Bank Fair Housing/Lending/Insurance
Docket / Court 94 C 4094 ( N.D. Ill. ) FH-IL-0011
State/Territory Illinois
Buycks-Roberson v. Citibank Fed. Sav. Bank Fair Housing/Lending/Insurance
Docket / Court 94 C 4094 ( N.D. Ill. ) FH-IL-0011
State/Territory Illinois
Democrats defended, blocked and suppresses with assistance from the media.
Case Summary
Plaintiffs filed their class action lawsuit on July 6, 1994, alleging that Citibank had engaged in redlining practices in the Chicago metropolitan area in violation of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. 1691; the Fair Housing Act, 42 U.S.C. 3601-3619; the Thirteenth Amendment to the U.S. Constitution; and 42 U.S.C. 1981, 1982. Plaintiffs alleged that the Defendant-bank rejected loan applications of minority applicants while approving loan applications filed by white applicants with similar financial characteristics and credit histories. Plaintiffs sought injunctive relief, actual damages, and punitive damages.
U.S. District Court Judge Ruben Castillo certified the Plaintiffs’ suit as a class action on June 30, 1995. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 322 (N.D. Ill. 1995). Also on June 30, Judge Castillo granted Plaintiffs’ motion to compel discovery of a sample of Defendant-bank’s loan application files. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 338 (N.D. Ill. 1995).
The parties voluntarily dismissed the case on May 12, 1998, pursuant to a settlement agreement.
Plaintiff’s Lawyers
Obama, Barack H. (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000Alexis, Hilary I. (Illinois)FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000Childers, Michael Allen (Illinois)FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000Clayton, Fay (Illinois)FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000Cummings, Jeffrey Irvine (Illinois)FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000Love, Sara Norris (Virginia)FH-IL-0011-9000Miner, Judson Hirsch (Illinois)FH-IL-0011-7500 | FH-IL-0011-9000Wickert, John Henry (Illinois)FH-IL-0011-9000
Bush, McCain & other Republicans tried to warn the country. 'Democrats defended, blocked and suppresses with assistance from the media.
Obama (Co-counsel) Sued Citibank Under Community Reinvestment Act (ACORN) to Force it to Make Bad Loans
Case Name Buycks-Roberson v. Citibank Fed. Sav. Bank Fair Housing/Lending/Insurance
Docket / Court 94 C 4094 ( N.D. Ill. ) FH-IL-0011
State/Territory Illinois
Case Summary
Plaintiffs filed their class action lawsuit on July 6, 1994, alleging that Citibank had engaged in redlining practices in the Chicago metropolitan area in violation of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. 1691; the Fair Housing Act, 42 U.S.C. 3601-3619; the Thirteenth Amendment to the … read more >
Plaintiffs filed their class action lawsuit on July 6, 1994, alleging that Citibank had engaged in redlining practices in the Chicago metropolitan area in violation of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. 1691; the Fair Housing Act, 42 U.S.C. 3601-3619; the Thirteenth Amendment to the U.S. Constitution; and 42 U.S.C. 1981, 1982. Plaintiffs alleged that the defendant-bank rejected loan applications of minority applicants while approving loan applications filed by white applicants with similar financial characteristics and credit histories. Plaintiffs sought injunctive relief, actual damages, and punitive damages.
Docket / Court 94 C 4094 ( N.D. Ill. ) FH-IL-0011
State/Territory Illinois
Case Summary
Plaintiffs filed their class action lawsuit on July 6, 1994, alleging that Citibank had engaged in redlining practices in the Chicago metropolitan area in violation of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. 1691; the Fair Housing Act, 42 U.S.C. 3601-3619; the Thirteenth Amendment to the … read more >
Plaintiffs filed their class action lawsuit on July 6, 1994, alleging that Citibank had engaged in redlining practices in the Chicago metropolitan area in violation of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. 1691; the Fair Housing Act, 42 U.S.C. 3601-3619; the Thirteenth Amendment to the U.S. Constitution; and 42 U.S.C. 1981, 1982. Plaintiffs alleged that the defendant-bank rejected loan applications of minority applicants while approving loan applications filed by white applicants with similar financial characteristics and credit histories. Plaintiffs sought injunctive relief, actual damages, and punitive damages.
This case has received a good deal of press and blogger attention because one of the plaintiffs’ lawyers was Barack Obama, then just a couple of years out of law school.
Franklin Raines & Jim Johnson both have in the past or are currently advising Obama.
John McCain warning about Fannie Mae
May 2006
http://sweetness-light.com/archive/behol…
White House warns of GSE risks
Fannie, Freddie enjoy perception of backing, Mankiw says
By Matt Andrejczak, CBS.MarketWatch.com
EST Nov. 6, 2003
WASHINGTON (CBS.MW) – The notion that the U.S. government would bail out Fannie Mae and Freddie Mac if they ran into financial trouble “creates a source of systemic risk for our financial system,” a top White House economic adviser warned Thursday.
Obama , Barack H.
City Chicago
State IL
Role(s) Attorney
Gender M
City Chicago
State IL
Role(s) Attorney
Gender M
Case(s) FH-IL-0011 : Buycks-Roberson v. Citibank Fed. Sav. Bank
VR-IL-0042 : ACORN v. Edgar
Nope no viruses. A puny attempt to block the truth! Are you related to Barney Frank, in bed with Maxine Waters?
http://www.whitehouse.gov/news/releases/2008/09/20080919-15.html
