Meet the Bank CEO Fighting to Foreclose on a Wheelchair-Bound Cancer Patient
http://www.alternet.org/economy/meet-bank-ceo-fighting-foreclose-wheelchair-bound-cancer-patient
Ana Casas Wilson at her home.
Across the country, families facing foreclosure and homeowners with "underwater" mortgages are fighting back against the big banks that stripped them of their one valuable asset and crashed the economy. The resistance takes many forms - homeowners refusing to leave when the sheriff arrives with an eviction notice, community groups engaging in civil disobedience at bank offices and lobbying campaigns to get city and state government to enact protections from banks foreclosing on owners for missing one or two payments, often as a result of banks making unscrupulous loans.
Occupy Wall Street provided Americans and the media with a new framework for explaining the nation's economic hard times - the "1%" vs. the "99%." But veteran community, union and faith groups that are mobilizing against Wall Street know that to hold big banks accountable, they need to identify and name the top executives whose decisions ripped off consumers, plunged the nation into a deep recession, plummeted housing prices and put cities and states at the precipice of fiscal ruin due to declining property values and revenues.
One of the banking industry's ruling elite is Timothy J. Sloan. Sloan has spent 25 years working his way up the Wells Fargo corporate hierarchy. After heading the bank's commercial real estate and securitization business, in March 2011 he was named Senior Executive Vice President and Chief Financial Officer. Sloan lives in a 5,804 square foot, 8-bedroom Spanish-style mansion at 1320 Woodstock Road on a cul-de-sac without sidewalks in San Marino, a wealthy Los Angeles suburb. He purchased the home in 2007 for $5.15 million. Last year, Sloan made $8.4 million, according to Wells Fargo's proxy statement.
For several years, Sloan's bank has been trying to kick Ana Casas Wilson, a wheelchair-bound homeowner, out of her modest home. Wilson, a court interpreter, lives with her husband (a school janitor), her mother (a retired factory worker who now works as a home health aide), and her 17 year old son in the gritty working class city of South Gate, only 10 miles away - but worlds apart - from tony San Marino. The family has lived in their tiny 949 square foot house since 1975 which, thanks to plummeting housing prices brought about by the Wall Street mortgage collapse, is now worth no more than $175,000.
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every Sunday and absolves himself of all wrongdoing. 
How does this Timothy Sloan sleep at night?
(Wells Fargo sucks!)
Good luck to Ana Wilson and her family.
Fire Walk With Me and I met for the frst time at this protest.
So long as things are bizarro world reversed as described in the article:
-sheriffs don't want to be recorded evicting homeowners if they're resisting (versus realizing it's absolutely wrong to evict people who are being fraudulently foreclosed upon and that they look like exactly what they are: heartless mechanisms doing what the banksters tells them!!! Don't want to be perceived as that? THEN DON'T DO IT!)
-City councils and mayors think restricting the 1st Amendment is the solution
-City councils protect the corrupt: When I asked Schaefer about the protest at Sloan's house, he said, "I'm trying to save this guy from having his name in the paper." (So let's get his name in the paper!)
-Wells Fargo, the nation's largest home mortgage lender and fourth largest bank, spent over $11.6 million on lobbying expenses, primarily to get Congress to weaken regulations protecting consumers from Wall Street trickery. (Wells Fargo, or as Fort Hernandez call them, We're Felons.)
-Wells Fargo agreed to pay at least $175 million to redress blatant discrimination against African American and Hispanic borrowers. (Well then.)
-ACCE, SEIU, and their allies (including groups like the National Council of La Raza, the Courage Campaign, and others) have won important victories on several fronts - keeping families in their homes by pressuring banks to rewrite mortgages, getting cities to require banks to pay for the costs of cleaning up vacant foreclosed properties, and getting the state legislature to enact of Homeowners Bill of Rights to protect consumers from banks pulling the foreclosure trigger too quickly. (Occupy Fights Foreclosures were also deeply involved in this, significantly. Major props to them always.)
Much love to ACCE, SEIU, and pinboy. Quality people!
