BofA is not alone

Last week I wrote about Bank of America and how it is subverting the Independent Foreclosure Review, which was a program to evaluate millions of foreclosure cases and compensate homeowners who fell victim to the banks' flawed or illegal practices by suggesting to supposedly independent reviewers whether or not a particular homeowner was not harmed by the bank's foreclosure process and, if he was, the amount of the damage.  These actions certainly reduced the independence of the reviewers.

Now, we find out that the other mega-banks - Wells Fargo, Citibank, JPMorgan Chase - are doing the same thing as BofA: screwing homeowners and us. These financial giants are to review about three-fourths of those eligible for the program.