Are Banks Using Money To Silence their Critics?

A very interesting story by Steve Dibert from his blog MFI Miami:

I found this blog entry by Adam Levitan at Credit Slips this morning. I found it interesting because about six months ago a major bank approached me about a job (bribe actually) because they were looking for someone with my expertise in the mortgage lending to counter all the claims of fraud by homeowners ironically discovered by me and others who actually know something about lending.

Now with revelations that Countrywide Financial under the leadership of Angelo Mozillo encouraged the frequent use of razor blades and White-out, the banks are now preparing for an onslaught of fraud claims. This bank was willing to pay me $250,000 a year for working 3 days a week for 3 years.

Then last week, it was discovered that two major banks invested hundreds of millions of dollars into Twitter which is the social media network of choice for the protesters organizing Occupy Wall Street and the organizers in other cities. It appears the banks believe they can buy people’s silence. -Steve

Read on.