Ethical Risk Management: Anonymous Reveals Its Face

“…you can’t take the effect, and make it the cause;/I didn’t rob a bank because you made up the law…” - Jack White, “Effect & Cause”

NEW YORK (MainStreet) —I worked as a manager, project lead, and analyst at Countrywide and Bank of America from October 2005 to January 2011. I sat behind the curtain of Oz during the peak of the housing bubble and start of the recession before standing up to the banks and turning whistleblower. I didn’t just work for Countrywide and BofA, though.

My clients included Aurora Loan Services (a subsidiary of Lehman Brothers, whose bankruptcy filing is among the largest in history), GMAC (aka Ally Financial - now government-owned), IndyMac Federal (aka OneWest - now government-owned), and many more. I worked at a centralized machine at the center of the housing crisis building databases, creating training material, performing quality control, managing volumes, querying and auditing data with backend IT & Accounting level system access to nearly every system utilized by every collateral lender in the country. To say I have intimate knowledge of the mortgage, insurance, and banking industries would be putting it lightly. Thankfully I’m training to be an Ashtanga yogi…so I’m flexible enough to pat myself on the back…

On March 14, 2011, I worked with Anonymous to leak confidential Bank of America emails to the media and public in an event called #BlackMonday. BofA’s stock plummeted as interest in Force-Placed Insurance grew online. It may have doubled in 2012, but it still hasn’t reached the level it was at when I hit them. Since then, I trained all 50 State Attorneys General, along with various regulatory agencies, journalists, and attorneys, on the backend processes, systems, screens, subsidiaries, schemes, and solutions affecting society from Force-Placed Insurance, a form of insurance placed on collateral loans when it’s determined contractual insurance requirements aren’t being met.