Steven Mnuchin's confirmation hearing to become secretary of treasury in the Trump administration was already going to be contentious, what with Mnuchin's status as a Goldman Sachs alum who ran a bank with a history of ruthless foreclosure practices. But this week we found out even more, thanks to a manila envelope with no return address that showed up in our reporter David Dayen's mailbox. Inside was a memo from the top prosecutors at the California Attorney General's Office Consumer Law Section, describing in great detail how they had “uncovered evidence suggestive of widespread misconduct” at OneWest Bank while Mnuchin was in charge. The memo indicated that Mnuchin’s bank didn’t merely act callously when it foreclosed on homeowners, but did so with blatant disregard for the law.
The Washington Post didn't get a thick memo in the mail, just a whisper from anonymous “federal officials” to the extent that the Russians had hacked into a utility grid. They ran with it. And Glenn Greenwald points out that although the story turned out to be completely wrong, the Post was richly rewarded — another case of the Post's aggressive hyping of sensationalistic false stories, ensuring that they go viral.

Dan Froomkin
Washington Editor 

Treasury Nominee Steve Mnuchin’s Bank Accused of “Widespread Miscon...

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Comment by Sojourner on January 8, 2017 at 1:54pm

Much thanks Byron. I guess "merit" is what I hope to share most. And, you're right.. it's so frustrating to deal with the lazy, angry, shut minds that we run into so often.  No wonder I stay on ThePeriledSea, lol.

Comment by Sojourner on January 8, 2017 at 7:35am

Intelligence Report that Claims Russia was Behind Trump Win Was Based on Intel from 2012 Russian TV

Comment by Sojourner on January 8, 2017 at 7:34am

Trump Trashes the “Stupid People Or Fools” Who Think Having Good Relationship with Russia a Bad Thing

Comment by Sojourner on January 8, 2017 at 7:18am

Donald is taking many steps in the right direction already though :-)

In Break With Precedent, Obama Envoys Are Denied Extensions Past Inauguration Day

Comment by Sojourner on January 8, 2017 at 7:13am

I gotta say Byron.. I've always appreciated that you read actually the posts I share, lol.  Often on other Sites I get tons of rude comments based on the title.    I'm sure even the Don can't be immediately aware of all his "proposed" team has been behind. But, we cannot forget that the real estate marketeers, funders and profiteers were directly linked to the financial collapse of 2008 and greatly profited from the over-stretched prices in the housing market just like the bankers did.


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