Steven J. Baum P.C., Law Firm that Hosted Foreclosure Costume Party to Close

Source: Associated Press

Steven J. Baum P.C., Law firm That Hosted Foreclosure Costume Party To Layoff One-Third Of Employees

11/21/11 01:41 PM ET Associated Press

BUFFALO, N.Y. — An embattled New York foreclosure law firm that was criticized for a Halloween party that mocked the homeless and was recently shunned by Fannie Mae and Freddie Mac will close.

A statement issued Monday originally said Steven J. Baum P.C. filed notice of mass layoffs with state labor officials but did not mention closing.

Firm spokesman Earl Wells confirms it will shut down completely. In a statement, Baum says the firm will fulfill its remaining work.

- snip -

Last month, the firm agreed to pay $2 million amid federal scrutiny, and its practices are being investigated by the New York attorney general.



Read more: http://www.huffingtonpost.com/2011/11/21/foreclosure-costume-party-law-firm-layoff-third-employees_n_1105738.html?ncid=edlinkusaolp00000003

I know it's wrong, but I do hope some end up in the same situation of those whom they mocked -- not to be mean, but just so they get a lesson in empathy and humility.

But it would be nice if they did.

I disagree with the chorus that insists that publishing names, addresses and phone numbers should be off limits.

In an extreme surveillance society such as the US, citizens have to use the weapons turned against them for the benefit of the collective, IMO.

is to strip him or her of money and/or power. That's what they value, so it really hits'em where they live--right in their bottom line.

When I was a kid, my grandpa told me that the best way to hurt an evil man is to hurt his bank account.

My family used to vacation in Rogue River when I was a kid, at a motel owned by Millie and Jim Oliver. I forgot the name of the place.

Karma's a bitch!

Absoulutely.

2. You, I, and the drippiest of bleeding hearts, need to get it, that karma MUST befall their families, down to the least puling infant as well.

These people do truly think in dynastic terms. If one generation fails, the next may well succeed.

The fun-loving folks at Steven J. Baum PC can dress up as their favorite foreclosed properties. Starting with their own firm.

wonder if fokkks will cover it..

:eyes:

:rofl:


No, it's not.

I wonder how they're all going to feel when they get two months behind on the mortgage?

That they are now losing their jobs. I don't wish job loss on anyone, not even them. I can't say this doesn't seem a little more karmic-ly fair though.

Can't feel for them.

They'll be their everyday clothes.

Just a nightmare, any which way you look at it.

to say you were in state prison for 5 years so you don't have to admit you worked for these guys?

I'm glad they got their comeuppance. What goes around comes around.

How does it feel, now that you're out of job?

I hope those women that were dressed like homeless folks now get a chance to become one of the invisible people. Walking 5 miles in shoes that don't fit would be the best dessert they could eat.

If I'm not mistaken alot of the financial firms were predicting mass layoffs this year. Not gonna be a bunch of stockbroker jobs or financial consultant positions available along with legal secretaries and regular file clerks.

Let them get down to their last unemployment check and see how it feels.

Oh, wait. I AM a lawyer.

hmmm.

Sour grapes?

a very select grape.

Source: NY Times

A law firm that had become a lightning rod in the controversy over mortgage-foreclosure practices has shut down, costing 89 employees their jobs.

The Steven J. Baum P.C. law firm, which has offices in Amherst, N.Y., and Westbury on Long Island, has filed papers with government agencies notifying them that it plans to close. It made the filings under a federal law requiring employers to provide notice before mass layoffs.

“Disrupting the livelihoods of so many dedicated and hardworking people is extremely painful, but the loss of so much business left us no choice but to file these notices,” said Mr. Baum in a statement issued on Monday. A firm spokesman said it would have no further comment beyond the release.

Mr. Baum and his colleagues have come under fire for their foreclosure-related legal work. They are one of numerous firms across the country that represent banks and services in trying to foreclose on the millions of homeowners who have defaulted on their loans. Some of these firms’ aggressive, and, in some cases, duplicitous practices, have earned them the moniker “foreclosure mills.”

Read more: http://dealbook.nytimes.com/2011/11/21/foreclosure-firm-steven-j-baum-to-close-down/

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Previously:

Top NY Foreclosure Law Firm Threw Homeless-Themed Halloween Party



http://tpmmuckraker.talkingpointsmemo.com/2011/10/top_ny_foreclosure_law_firm_threw_homeless-themed.php

No sympathy here.

I wonder how many of them might end up homeless themselves now?

How could they? I heard the story, but how fucking could they? At the very least, I hope they're all wailing and gnashing their teeth..."How are we going to make the housepayment?" WAAAAAH.

What the fuck is a "bankruptcy law firm," anyway. Is it like a for-profit malnutrition medical clinic?

Welcome to the 99% assholes!! Wonder if the former employees will now join the Occupy Movement?

Just can't seem to find any now, though.

Hey ladies, Walmart is still hiring! Might wanna take a bath before applying...

New Yorkers have already been soaked enough.

assholes

Hopefully the parasites will repent and become productive members of society. May I suggest becoming public defenders? :patriot:

Normally I do not laugh at people who were laid off, but a lot of these bastards and bitches are about to learn that getting a job in this economy is not so easy. How much you want to bet these are the same people whose Platinum Visa's are maxed out?

The good part of me is hoping they learn something, and move on. The devil on my left shoulder wants them to swallow a good chunk of the pain they inflicted on others, and when they choke on it, gasp like dead rats.

"like a rolling stone"

Once upon a time you dressed so fine
You threw the bums a dime in your prime, didn't you ?
People'd call, say, "Beware doll, you're bound to fall"
You thought they were all kiddin' you
You used to laugh about
Everybody that was hangin' out
Now you don't talk so loud
Now you don't seem so proud
About having to be scrounging for your next meal.

That was the exact song that was running through my head as I read this.