Why All the Robo-Signing? Shining a Light on the Shadow Banking System | Truthout

Why All the Robo-Signing? Shining a Light on the Shadow Banking System Truthout: The Wall Street Journal reported on January 19 that the Obama administration was pushing heavily to get the 50 state attorneys general to agree to a settlement with five major banks in the "robo-signing" scandal. The scandal involves employees signing names not their own, under titles they did not really have, attesting to the veracity of documents they had not really reviewed. Investigation is revealing that it did not just happen occasionally, but was an industry-wide practice, dating back to the late 1990s;?