CALL AGENDA:
Welcome & Introduction
- Introduce facilitation team
- Review topics
- Brief Procedural Comments (see Call Participation Guidelines at bottom, # 5 especially)
- Communication using phone keypad (review numbers 1-5)<br>
1) Get on Stack <br>
2) Agreement, applause & approval for current speaker – wiggly fingers <br>
3) Disagreement with current speaker’s comments<br>
4) Direct response to current speaker<br>
5) Point of order or tech assistance<br>
- Be concise so many can speak. Limit comments to 90 second rule (tone is signal to wrap it at 75 seconds).
- Say “check” or “I yield” after comments so we know you are finished
- Direct Participants to the Agenda & Notes (copy and paste to Participant dashboard)
<a href=”http://bit.ly/gen-agenda-notes”>General Call Agenda&Notes</a><br>
<a href=”http://bit.ly/interannounce”>Announcements Page</a><br>
<a href=”http://bit.ly/topic-suggestions”>National Call Topic Suggestions</a><br></a><br>
- Encourage everyone to post to the Announcements Page posted on Participant Dashboard, even if they make the announcement on the call.
- Suggest they enter topics for future weekly calls on the Topics Suggestions Page.
How to Prevent Foreclosure with Richard Eskow (first hour of call)
Discussion followed by Q&A
References:
How to Score a Foreclosure Fraud Settlement Deal by Richard Eskow
Taking a Stand Against the Attorneys General Foreclosure Settlement with Major Banks with Ellen Brown and Michael Sauvante (second hour of call)
Discussion followed by Q&A
References:
Why the AGs Must Not Settle: Robo-signing Is Just the Tip of the Iceberg
Additional Articles Related to Tonight’s Call:
-
Banks in Mortgage Deal Said to Demand N.Y. Suit Be Dropped
-
Foreclosure Settlement Will Settle Nothing (Update 1)
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Landmark foreclosure settlement imminent, officials say
-
A Solution to the Foreclosure Crisis by MainStreetMatters.com
Books Related to the Mortgage Crisis & Wall Street’s Role: (recommendations by Steve Letsfixit)
- “Boomerang: Travels in the New Third World” by Michael Lewis, 3Oct11
- “Reckless Endangerment” by Gretchen Morgenson and Joshua Rosner, May11
- “Money and Power: How Goldman Sachs Came to Rule the World” by Willian D Cohen, Apr11
- “All the Devils Are Here: The Hidden History of the Financial Crisis” by Bethany McLean and Joe Nocera, Nov10
- “Fools Gold” by Gillian Tett and Stephen Hoye, Apr10
- “The Big Short: Inside the Doomsday Machine” by Michael Lewis, Mar10
- “Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System—and Themselves” by Andrew Roth Sorkin, Oct09
- “House of Cards: A Tale of Hubris and Wretched Excess on Wall Street” by William D. Cohan, Mar09
link to PDF file with 8 “challenges” to Wells.
http://www.laprogressive.com/wells-fargo-meets-occupy/
Closing Comments
- Show of hands for those who wish to share their contact info for the call
- Need volunteers to host the General Call in the coming weeks. Facilitators attend a 2 hour class on Maestro. IO provides a tech assistant.
- Need volunteers to be Maestro tech assistants – stand up and be counted! Maestro has increased our call capability to 10 simultaneous calls.
- Big thank you for the note takers
- Ask for feedback to improve call. Send to info@interoccupy.org with subject “General Call Feedback”
- Tone indicates the end of call. Those who wish to remain and chat will be on open mic for 30 minutes
End at 2:00 Hours
InterOccupy Information and Links
- Upcoming InterOccupy Calls - http://interoccupy.org/calendar/
- Announcements Page: http://bit.ly/interoccannounce
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Notes
Richard Eskow.
looks like deal will be done
Here’s what is known:
Bank execs pumped up value of houses,
loaned against inflated values, investors are us.
What he says about deal is that there are 5 principles we measure against any deal.
1) Openness – if deal is to keep stuff secret – no good
Deal must have major govt. resources. we had 1000 ppl in saviings and loan scandel
2) Justice – justice must be served,
nobody gets immunity.
3) Restitution – has everybody who have been involved been made whole. reduction of principle is key
4) Deterrence – must be in place. If someone does not go to jail, they have no deterrance
5) Reconciliation – our society has been split in two…we need to reconcile. Banks must admit their own wrongdoing
Banks should admit directly or indirectly. Going forward – what is in place to keep things in play.
