Free Republic

Foreclosure attorney David Stern, who is being investigated for fabricating legal documents, purposefully hid files from inspectors with Fannie Mae and Freddie Mac, a former employee said in recently released deposition. Stern had a tight-knit relationship with the two mortgage giants, and referred to them as his “babies,” former employee Kelly Scott said. Scott also said office managers and key staff members got gifts, including new cars. Stern’s law firm is one of the largest foreclosure law firms in Florida, handling thousands of cases per month. Attorney General Bill McCollum is investigating the firm for allegedly creating phony documents. McCollum’s...

Guess it's not the fact John Thain reportedly spent more than a million bucks decorating his office. What's galling is we essentially paid for it. Welcome, everybody, I’m Neil Cavuto, and here's the deal. John Thain is out of a job. But what a job. And what an office. And what a deal. He leaves with millions in bonuses he snuck in before his merger with Bank of America (BAC: 6.28, -0.32, -4.85%). Just the tip of a staggering financial iceberg that was the Merrill Lynch titanic sold to Bank of America. We're told John Thain's meeting with B-of-A's Ken...