I'm not going to even try to give you all the gory details of this story, because you really should take this link and read it for yourself. What you'll get here is my version of a Reader's Digest Condensed Abomination instead...
According to the reports, a 62 year-old disable veteran named Larry Delassus, who suffered from a liver disease known as Budd-Chiari Syndrome, had his condo taken from him in a foreclosure that resulted from a bank typo error. The original loan was sold from bank to bank, and somewhere along the line a couple of processing numbers were switched, and instead of foreclosing on one of Delassus' neighbors, the bank called in HIS loan for back taxes.
Delassus had always paid his mortage two months in advance, and paid his taxes early, as well. But through a series of errors, the bank which ended up prosecuting for the foreclosure, Wells Fargo, ended up taking the man's home while he was in the hospital recovering from a coma. During a subsequent hearing on December 19th, Delassus suffered a cardiac arrest at the courthouse and died in route to the hospital.
Here's a clip from the story:
Delassus said he moved to California from the Midwest as a young man.
“I lived here a long time until it was all taken away from me, and I’m bitter about that,” Delassus said. “It’s not fair.”
At points, Delassus’s anger flashed.
“I was making my payments. I was paying my taxes!”
The lawyer representing Delassus asked Wells Fargo Litigation Support Manager Michael Dolan in court for his definition of the word "fair", and he had this to say:
"Fair is a place where they have ponies and merry-go-rounds."
If you take the link and read the story, you'll soon find that it's far more complicated than my brief synopsis could ever detail. But what you'll also find is that a man lost his home, then his life, through no fault of his own, because the banks refused to recognize and correct their own errors.
And I'm sure the Wells Fargo official who made the flip remark about ponies and merry-go-rounds is a nice guy, at heart. He's probably got a wife and kids, a nice home in a gated community, and is well-liked by his friends and coworkers.
But if there's any justice in this world, that comment in court will haunt the son of a bitch every waking moment for the rest of his life.


1 comment:
Squatlo,
Remember the "good old days" when bank robbery meant people robbing banks and not the other way around?
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