The Warren effect


Yes, they did:

In a closed meeting last week, the agencies told Warren and Rep. Elijah Cummings that they could not provide documents Warren and Cummings requested about the specific violations by mortgage servicers, or the results of the reviews, because doing so would violate company “trade secrets” (apparently ripping off your customers and stripping their assets is now a valuable trade secret). Practically any other senator would not get much attention from being denied documents by a federal regulator.

But Warren, with a grass-roots army of enthusiastic supporters and a yen to deliver on her early promise, makes headlines crossing the street. And the foreclosure review debacle represented an excellent test case to expose the corrupt dealing between banks and the regulators who are supposed to curb their excesses, and also to pit Wall Street denizens getting rich off these crimes against ordinary victims who lost their homes. You couldn’t tee up a better issue for Warren, or a better entryway for traditional media to report it.

Last Thursday’s hearing on the reviews, the first congressional hearing on foreclosure fraud in over a year, provided the perfect set piece. Warren, along with Jack Reed, Sherrod Brown and other Senate Democrats, pounded the regulators for protecting the banks and ignoring homeowners suffering from illegal foreclosures. Warren highlighted that nobody will ever learn the precise extent of harm suffered at the hands of banks, and that without a true accounting, adequately compensating homeowners would be impossible. Brown focused on the role of the third-party consultants who operate as shadow regulators, performing work when the agencies lack capacity, but without any independence from the banks.
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I can’t make any jokes about this

It’s just infuriating:

Authorities in Oregon are considering whether to charge an off-duty security guard who accidentally shot and killed his girlfriend’s 9-year-old daughter while practicing drawing his weapon.

Oregon City police spokesperson Lt. Jim Band said that 32-year-old Joseph Wade Wolters was at home on Sunday prepping for his new job as an armed security guard by holstering and unholstering a loaded weapon. Fourth grader Shayla May Shonneker was about 50 yards away when the gun discharged, sending a bullet through a wall and striking the girl in the face while she was playing outside.

The girl was later pronounced dead after being rushed to Oregon Health & Science University Hospital by LifeFlight helicopter.

According to KPTV, Wolters is currently a member of the military reserves, and received about 10 medals while serving in Iraq. Band said that he had been mistakenly arrested in 2007 after being declared absent without leave from the U.S. Army because of a mixup.

John Wetten Elementary School, where Shayla Shonneker was a student, activated its crisis-response team on Monday to help both students and adults cope with the tragedy.

Two dead, 23 injured at Boston Marathon bomb explosions

UPDATE: AP says police have confirmed controlled demolition of two additional explosive devices.

UPDATE: “Confirmed explosion at the JFK Library.” They now say it was a result of the fire, but they don’t know what caused the fire.

Explosions at the Boston Marathon. Bystanders report seeing people with legs blown off:

Two explosions shattered the euphoria of the Boston Marathon finish line on Monday, sending authorities out on the course to carry off the injured while the stragglers in the 26.2-mile trek from Hopkinton were rerouted away from the smoking site of the blasts.

Competitors and race organizers were crying as they fled the chaos. Bloody spectators were being carried to the medical tent that had been set up to care for fatigued runners.

“There are a lot of people down,” said one man, whose bib No. 17528 identified him as Frank Deruyter of North Carolina. He was not injured, but marathon workers were carrying one woman, who did not appear to be a runner, to the medical area as blood gushed from her leg. A Boston police officer was wheeled from the course with a leg injury that was bleeding.

About three hours after the winners crossed the line, there was a loud explosion on the north side of Boylston Street, just before the photo bridge that marks the finish line. Another thunderous explosion could be heard a few seconds later.

Runner Laura McLean of Toronto said she heard two explosions outside the medical tent.

“There are people who are really, really bloody,” McLean said. “They were pulling them into the medical tent.”

Boston, Tax Day? I’m guessing wingnuts. It would, of course, be irresponsible not to speculate.

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