Civil rights groups paid off by Ameriquest support CEO Arnall for ambassador
What a wonderful display of the corruption on Capitol Hill and in civil rights organizations:
Ameriquest Exec Has Unexpected Backers
Behind the scenes, the lender is trying to nail down a $325-million settlement that would break the logjam and probably assure Arnall’s confirmation.
Meanwhile, others have lobbied for the nomination to be approved without delay. When the publicity-shy Arnall trekked to Capitol Hill for his confirmation hearing last month, his supporters inside the Senate Foreign Relations Committee room included Wade Henderson, head of the Leadership Conference on Civil Rights; Shanna Smith, head of the National Fair Housing Alliance; and Ricardo Byrd, head of the National Assn. of Neighborhoods, which pushes for economic development of minority and low-income communities.
All three groups have benefited from Arnall’s philanthropy. As they tell it, Arnall, 66, is a believer in human rights, a value forged earlier in life when his Jewish family was forced to hide out in German-occupied France during World War II.
Their support has gotten members’ attention, if not defused the concerns.
“Let me say at the very outset that you have a very commendable life story, and I have great respect for it,” said Sen. Paul S. Sarbanes (D-Md.), who has emerged as Arnall’s chief interrogator on Capitol Hill. “You have a number of friends who are friends of mine.”
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Corrupt bastards, everywhere I look. You might recall my posting Corrupt democratic gubernatorial candidate Deval Patrick praises Ameriquest CEO Roland Arnall
Of course I did NOT get a response to my e-mail. Guilty as charged. They have NOTHING to say.
… The Leadership Conference on Civil Rights, for example, last year received more than $250,000 from Ameriquest for training and other organizational needs.
Henderson, who has insisted that the money comes with no strings attached, declined to comment for this article.
Byrd acknowledged that his association had received “a considerable amount” of money from Arnall over the years, much of which has been used to educate activists about the sub-prime mortgage market and its potential benefits for those in need of credit.
But Arnall is “a man of integrity,” Byrd said, adding that Ameriquest ran into trouble with the states because it did not police its loan agents as well as it should have as the company rapidly expanded amid a boom in home refinancings.
Patrick, who is seeking the Democratic nomination for governor of Massachusetts, said one of his earliest impressions of Arnall came when they met to negotiate the 1996 Long Beach Mortgage settlement at the Justice Department.
“We sat around my conference table, we talked it through, and I’ll never forget Roland saying to me: ‘How am I supposed to explain this to my mother … that I’m being sued by the Justice Department for violations of human rights?’ “
Arnall took a constructive role in the settlement talks and went on to support higher industry standards, Patrick said.
About a year ago, Arnall invited Patrick to become a board member of ACC Capital Holdings, the parent of Ameriquest.
Patrick, who declined to reveal his compensation as a board member, said he accepted the offer because he thought good could come of his involvement.
“He wants to do the right thing,” Patrick said of Arnall.
Corrupt Patrick “declined to reveal his compensation.” Does he really think that’ll make him look any better?
Why isn’t there a LAW against corruption?
I guess it’s because we wouldn’t have any legislators and there would be no consumer or civil rights organizations if corruption was illegal.
Definitions of corrupt on the Web:
* corrupt morally or by intemperance or sensuality; “debauch the young people with wine and women”; “Socrates was accused of corrupting young men”; “Do school counselors subvert young children?”; “corrupt the morals”
* lacking in integrity; “humanity they knew to be corrupt...from the day of Adam’s creation”; “a corrupt and incompetent city government”
* crooked: not straight; dishonest or immoral or evasive
* alter from the original
* bribe: make illegal payments to in exchange for favors or influence; “This judge can be bought”
* containing errors or alterations; “a corrupt text”; “spoke a corrupted version of the language”
* defile: place under suspicion or cast doubt upon; “sully someone’s reputation”
* touched by rot or decay; “tainted bacon”; “`corrupt’ is archaic”
wordnet.princeton.edu/perl/webwn* In broad terms, political corruption is the misuse of public office for private gain. All forms of government are susceptible in practice to political corruption. Degrees of corruption vary greatly, from minor uses of influence and patronage to do and return favours, to institutionalised bribery and beyond. The end-point of political corruption is kleptocracy, literally rule by thieves, where even the external pretence of honesty is abandoned.
en.wikipedia.org/wiki/Corrupt* Changed from good to bad, dishonest, to make wicked, to defile.
http://www.godonthe.net/dictionary/c.html
Here’s the law we SHOULD have:
NOBODY testifies in at any government hearing on behalf of any person or entity if compensation was received from that person or entity in the previous 5 years. Anyone testifying for a person or entity cannot accept any compensation whatsoever from that person or entity for 5 years from the testimoney.
Patrick claims that Arnall wants to do the right thing. Read their Motions to dismiss! Ameriquest could have apologized for their loan agent’s failure to send me the credit reports and it could have provided the promised reports. It’s that simple.
Instead, they were as vile as could possibly be, filed 3 motions to dismiss and LIED about the reason for my decline.
They did not even fire the agent Beatrice for SELLING my data to another broker after reviewing the credit report. They LIED about declining my application due to my credit report. The FCRA and ECOA REQUIRES notification and disclosures so that consumers can take advantage of their rights under the FCRA. Ameriquest did everything it could to deprive me of those rights.
Deval Patrick and all these “civil rights” corrupt thieving perverts WILL get what they have coming - sooner or later.
c: notice of publication and request for comments to , ,
Posted by Christine on 11/21/2005 at 01:26 PM
2004 Suit (credit limits, credit reporting - on appeal) • Ameriquest Mortgage - incompetent spammers • (0) Comments • Permalink
