Buycks-Roberson v. Citibank Fed. Sav. Bank Fair Housing/Lending/Insurance

[Viva Las Espuelas]

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 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 Alexis, Hilary I. (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Childers, Michael Allen (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Clayton, Fay (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Cummings, Jeffrey Irvine (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Love, Sara Norris (Virginia)
FH-IL-0011-9000
Miner, Judson Hirsch (Illinois)
FH-IL-0011-7500 | FH-IL-0011-9000
Obama, Barack H. (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Wickert, John Henry (Illinois)
FH-IL-0011-9000

[Anti.Hero]

All in the name of fairness 'ma boi.

[Wild Cobra]

This type of strong-arm tactics is a major reason why the banks are now failing. It is now obvious Obama is more involved in the problem that I originally thought!

[Viva Las Espuelas]

liberals and obemessidencons must be perplexed. the cast hasn't shown up yet.

[byrontx]

Thanks for educating me. The whole time I thought it had something to do with flipping under-insured derivatives.

[Wild Cobra]

Thanks for educating me. The whole time I thought it had something to do with flipping under-insured derivatives.That is part of the problem, but only a small part of it. It does add to the bad loans when the people cannot pay their morgages, or want the banks take them back when the value of the house is less than the loan.

[boutons_]

the above SINGLE case is not the cause of the mortgage meltdown.

the credit swaps are now about $40T, but nobody really knows

deregulation, weak regulation enforcement, cheap Fed rates, annulling Glass-Steagal

it's been the Repugs' watch since 2001, and like 9/11 they refuse ALL responsbility and accountability, while sliming Clinton, Dems, Carter 30 fucking years ago.

The WORST of the bubble and screwups were post-2000, thank you.

[CubanMustGo]

Case Name

Case Summary
Plaintiffs filed their class action lawsuit on July 6, 1994

Ancient history forum.

[Wild Cobra]

Ancient history forum.

It may be anchient hisory, but it shows what Obama did as a lawyer. You see, all they has to do was show the courts cases where unqualified minorities, willing to have their private personal finances opened, to go to court. Add that to a few equally unqualified non-minorities that recieved loans. Where there is a gray area, you will find such examples.

Now the lenders have to defend themselves in court, with an impossible case to win. Why? They have to find whites turned down that give permission to have their personal financial records opened. The only defense if a hard on, because of privacy issue.

This is a case where it is easier to lake on the bad loans they don't want to, because the laws are not clearly on their side.

He also forced many of his political wins by using his lawyer skills to remove the competition. Did Obama ever really win in a fair race?

[Viva Las Espuelas]

Ancient history forum.well, hell. let's just forgive the nazi's as well. it's ancient history. holocaust, schmolocaust. we needed the room. :rolleyes

[RandomGuy]

This type of strong-arm tactics is a major reason why the banks are now failing. It is now obvious Obama is more involved in the problem that I originally thought!

:lmao

http://www.trephination.net/gallery/macros/mentalmidget.jpg

Seriously, that may be the lamest, dumbest attempt at pinning the blame for all the nation's woes on people who you disagree with I have ever seen, hack-boy.

[CubanMustGo]

well, hell. let's just forgive the nazi's as well. it's ancient history. holocaust, schmolocaust. we needed the room. :rolleyes

Godwin's law invoked.

[/THREAD]

[Viva Las Espuelas]

Godwin's law invoked.

[/thread]


ooh. a master of the internets. funny how that "law" is more "ancient" than this story. what a maroon.

[CubanMustGo]

ooh. a master of the internets. funny how that "law" is more "ancient" than this story. what a maroon.

Pot, kettle, black. I'm not the one engaging in sensational levels of hyperbole here.

[ChumpDumper]

This type of strong-arm tactics is a major reason why the banks are now failing. It is now obvious Obama is more involved in the problem that I originally thought!Yes, voluntarily dismissing one's own case to settle is a vicious strong-arm tactic.

It is now obvious you are a more colossal idiot than I originally thought!

[Viva Las Espuelas]

Pot, kettle, black. I'm not the one engaging in sensational levels of hyperbole here.hyperbole? me stating a fact. silly me.

[Anti.Hero]

Can I be the first to name the law for anyone who references Bush to contrast any statement that will ever be made in the future?

Dingbat's Rule of Bush Analogies.


Will I receive royalties?

[cool hand]

cool.