Los Angeles, February 20 - News media have reported this week that US prosecutors dropped the criminal investigation of Angelo Mozilo, former Chairman of Countrywide Financial Corporation. [[i]]
In response, Dr Zernik of Human Rights Alert (NGO) issued a statement calling the decision "A clear signal of ongoing integrity crisis of the US justice system, and ongoing dysfunctional banking regulation in the United States."
Dr Zernik added: "Like the Great Depression a century ago, the current financial/economic crisis in its core is an integrity crisis of the US justice system. Unless conduct of the US justice system is addressed, it is unlikely that socio-economic development and civil society conditions in the United States will improve anytime soon."
Starting January 2007 Dr Zernik filed complaints with FBI, Office of Thrift Regulation, and Federal Trade Commission and SEC. The complaints documented fraud in Countrywide operations as early as 2004:
US law enforcement and banking regulators refused to investigate the complaints.
Freedom of Information Act responses by SEC, Thrift Regulation, and Trade Commission later documented that the complaints were eliminated from US agencies records, although sufficient evidence was found in the responses that such complaints had existed.
Such statements are claimed as fraud on the US Congress and on the people of the United States.
Conduct of the US government is also alleged as serious violation of the Human Rights and of the US government's duties and obligations as a good faith party to the international Basel Accords on banking regulation.
In 2010 Human Rights Alert's submitted a report to the United Nations Human Rights Council (HRC), as part of the first ever, 2010 Universal Periodic Review (UPR) of Human Rights in the United States. The report documented a pattern of housing fraud by large financial institutions in collusion with judges of the Los Angeles Superior Court and large law firms, and the refusal of US Department of Justice to provide equal protection.
The submission was later incorporated into the official Staff Report of the HRC, with reference to "Corruption of the courts and the legal profession and discrimination by law enforcement in California". [[xii]]
News reports during the current financial crisis documented similar conduct throughout the United States.
LINKS:[i] 11-02-18 US Drops Criminal Probe of Former Country Wide Chief Angelo Mozilo - LATimes
[ii] 07-12-17 Samaan v Zernik (SC087400) David Pasternak: Grant Deeds in re: 320 South Peck Drive, Beverly Hills, CA 90212, opined as fraud by James Wedick
[iii] 08-08-21 Samaan v Zernik (SC087400) Email letter by highly decorated FBI veteran James Wedick regarding FBI's refusal to provide Dr Zernik equal protection
[iv] 10-05-05 Countrywide Bank of America NYSE BAC and its President Brian Moynihan Compilation of Records Evidence of Racketeering
[v] 10-05-05 Chairs of US Congress Committees of the Judiciary and Banking Are Requested to Join Senator Feinstein's Inquiries on Comptroller of the Currency
[vi] 10-07-06 Complaint Filed with US Attorney Office Los Angeles Against Moynihan Bank of America [NYSE:BAC] Bryan Cave LLP Alleging Racketeering
[vii] Zernik, Joseph: Securities and Exchange Commission v Bank of America Corporation - Pretense Litigation and Pretense Banking Regulation in the United States (filed in support of Request No 1 for impeachment of US Judge JED RAKOFF and Clerk RUBY KRAJICK, US District Court, Southern District of New York)
[viii] 10-12-08 RE: Securities and Exchange Commission v Bank of America Corporation(1:09-cv-06829) - Request No 1 for Investigation, Impeachment of RUBY KRAJICK, Clerk of the Court, US District Court, Southern District of New York
[ix] 10-12-19 RE: Securities and Exchange Commission v Bank of America Corporation (1:09-cv-06829) - Addendum to Request No 1 for Investigation-impeachment of Judge Rakoff and Clerk Krajick
[x] 11-01-10 Request No 1 for investigation/impeachment proceedings, in re: US Judge JED RAKOFF and Clerk RUBY KRAJICK, US District Court, Southern District of New York, Conduct of Securities and Exchange Committee v Bank of America Corporation (1:09-cv-06829)
[xi] 11-02-05 Request No 2 for Impeachment of Judge JED RAKOFF Clerk RUBY KRAJICK, US District Court, Southern District of New York, in Re Conduct of Lindner v Amex (1:10-cv-02228) s
[xii] 10-04-19 Human Rights Alert (NG0) submission to the United Nations Human Rights Council for the 2010 Review (UPR) of Human Rights in the United States as incorporated into the UPR staff report: