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Reply to "What is going on with all the mortgage fraud?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Lisa cook - you are fired! [/quote] Finally.[/quote] This unprecedented move is likely to face legal challenges, as the Federal Reserve Act of 1913 allows the president to remove governors only "for cause," typically interpreted as serious misconduct, and may lead to a Supreme Court case.[/quote] I guess we’ll now find out if Roberts and co. were serious about trying to distinguish the fed from the other independent agencies. I’m guessing not.[/quote]
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