Sunday, May 27, 2012

One Homeowner's Uphill Battle with Wells Fargo and Goldman Sachs Shows How Badly The Courts are Stacked Against Ordinary People

Photo by bloomsberries, Flickr Creative Commons
Photo Credit: Flickr Creative Commons
Mary Glover is taking on Goldman Sachs and Wells Fargo--but a court decision could leave her and thousands of other homeowners without a hope of justice.
May 27, 2012

Mary Glover, a Pittsburgh-area homeowner living on Social Security disability income, is taking on Goldman Sachs and Wells Fargo, charging that they've violated federal and state consumer protection laws and breached contracts.

Yet, because of a decision by one judge, she and thousands of homeowners like her could be priced out of their ability to fight back in court against shady dealings by the nation's biggest banks. And while the decision in this case may seem exceptional, as Dahlia Lithwick and others have pointed out, it's part of a disturbing pattern of the courts shutting their doors to everyday litigants and class-action suits—and in some cases, literally handing corporations a playbook on how to get away with screwing over the little guy.

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