On a recent episode of the Federal Newswire Lunch Hour podcast, CFIF's Timothy Lee joined host Andrew…
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The Lunch Hour - FTC Overreach, 'Junk Fees' and More

On a recent episode of the Federal Newswire Lunch Hour podcast, CFIF's Timothy Lee joined host Andrew Langer and Daniel Ikenson, Founder of Ikensonomics Consulting and former Director of Trade and Policy Studies at the Cato Institute, to discuss Federal Trade Commission overreach, so-called "junk fees," and more.

The conversation focuses on "the FTC's increasingly aggressive regulatory posture under Chair Lina Khan, highlighting concerns about overreach, economic consequences, and implications for constitutional governance."

Watch below.…[more]

December 05, 2024 • 12:18 PM

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Home Jester's Courtroom Bank's Bad Behavior Brings Backlash
Bank's Bad Behavior Brings Backlash Print
Wednesday, June 15 2011

Naples, Florida, Bank of America manager Erich Fahrner faced an unusual demand recently:  pay up or watch the bank's furniture be hauled off for sale at public auction.
 
Accompanied by two Collier County sheriff's deputies, attorney Todd Allen presented a court order to Fahrner in a wrongful foreclosure lawsuit filed by his clients Warren and Maureen Nyerges.  According to court documents, the Nyerges purchased their home in 2009 for $165,000 cash, no mortgage.  Somehow Bank of America was convinced they had a mortgage and were behind in their payments and filed for foreclosure.  The bank voluntarily dropped the case two months later after realizing its error, but failed to reimburse the Nyerges for Allen's legal fees, despite an order issued by the court.
 
After numerous attempts to contact the bank and its attorney were unsuccessful, Allen obtained a writ of enforcement to seize the assets of the bank.  "I'm leaving the building with either cash, a check or a whole lot of furniture," attorney Todd Allen said as he entered the bank, leaving a moving crew waiting outside.  After an hour of talks, Allen left with a check for $2,534.
 
"How embarrassing is that?" Fort Myers-based foreclosure defense attorney Kevin Jursinski said with a chuckle.  "Clearly they legally should have paid it off.  It seems like an oversight of BOA or whoever was representing them."
 
"We apologize to Mr. Nyerges that there was a delay in receiving the funds," said Christine Toth, Southeast media relations manager for the bank.  "The original request went to an outside attorney who is no longer in business."
 
—Source:  The Washington Post

Notable Quote   
 
"Senate Majority Leader Chuck Schumer's attempt to cement the Biden-Harris administration's labor agenda deep into President-elect Trump's second term suffered a notable defeat Wednesday afternoon after two ex-Democratic senators helped tank a controversial labor nominee. ...Sinema and Machin's decision to vote with Republican senators to block McFerran's renomination could be the duo's last break…[more]
 
 
— Adam Pack, Daily Caller
 
Liberty Poll   

RFK Jr. believes that elements of the CIA were involved in the assassination of his uncle, President John F. Kennedy, in 1963, and wants further investigation. What do you believe?