The Real News Network has the story Sacramento Residents Found Not Guilty of Mortgage Fraud.
In the article Bill Black, who worked for the defense pro bono, explained the following:
And so it was a very bizarre thing, in which the defense attorneys were presenting a prosecution case against the elite bankers and the institutions and how they were run, while the Justice Department was trying to defend three lenders that it knew were front-to-back frauds and indeed are on the list of the worst of the worst lenders, according to the Office of the Comptroller of the Currency. So everything was reversed during the trial.
If our President is a closet socialist, why is his justice department prosecuting the victims rather than the vulture capitalists? Is this his way of staying in the closet?