tens of thousands of cases after it was reveal that employees at some companies signed foreclosure documents without even reading what was in them. bank of america is not saying how many cases will be affected. new developments this morning in the terror threats targeting big cities across europe. u.s. counterterrorism officials now say osama bin laden may have had a key role in the planning. let s get the details now from who is live for us. what have you learned about osama bin laden s connection here? basically intelligence officials are saying this plot was known to al qaeda central. that s the term they use to describe bin laden s operations. they said that senior leadership know about it too and that bin laden must be aware of some of the plans. the plot involved launching coordinateded attacks in major european cities in the uk, germany and france. and that would have involved shooting rampages like the mumbai attacks in 2008, but
this really today is going to be preaching to the faithful, and alex is going to be the group of get out the vote voters who are going to be critical in the midterm elections. we have it all coming up in about three hours, so we ll see you a couple of times before then. i ll be bringing you the special live coverage of the march and the rally here on nbc, it begins at noon eastern and will run until 3:00 p.m. for you. it may have rushed the process for thousands of homeowners, gmac and jpmorgan are also reviewing tens of thousands of foreclosure cases after it was revealed that some employees signed foreclosure documents without even reading what was in them. a record long 93-day stalemate, no details have been released on how california plans to overcome it s $19 billion
tapes were made in the past month. california lawmakers say they have reached an agreement on the state s budget after a record 90-day stalemate. republicans are indicating that there will be no tax increase. the announcement comes after a five-hour meeting last night. details of the plan are expected to be announced wednesday followed by a vote by the electr electric chur on thursday. gmac and jpmorgan are also reviewing tens of thousands of foreclosure cases after it was revealed that some companies signed foreclosure documents without even reading what was in them. bank of america isn t saying how many cases will be affected. rjts new polls show the gop is facing fresh midterm road
reviewing the legal document s requesting evictions. it s a technical problem and it has implication for housing market. bank employees prepare the legal documents but in 23 states the bank official who signs them must make a pledge to the court. the person says i have read the foreclosure documents. i have read the mortgage documents. and i believe that the foreclosure here is justified. that was easy in normal times when there was a manageable number of bad mortgages but not now. in the jp mortgage case with 18,000 cases a month, literally the people there have been signing their names without bothering to look at anything. the banks should have had better procedures but did not. just for fun, get 18,000 sheets of paper and sipe your name to each one to see how long it takes you. jp morgan chase and others insist the affidavits are otherwise accurate but it s not alone in this.
reviewing the legal document s requesting evictions. it s a technical problem and it has implication for housing market. bank employees prepare the legal documents but in 23 states the bank official who signs them must make a pledge to the court. the person says i have read the foreclosure documents. i have read the mortgage documents. and i believe that the foreclosure here is justified. that was easy in normal times when there was a manageable number of bad mortgages but not now. in the jp mortgage case with 18,000 cases a month, literally the people there have been signing their names without bothering to look at anything. the banks should have had better procedures but did not. just for fun, get 18,000 sheets of paper and sipe your name to each one to see how long it takes you. jp morgan chase and others insist the affidavits are otherwise accurate but it s