United States ex rel. O’Donnell v. Countrywide Home Loans, Inc., No. 15-496 (2d Cir. 2016)
This is an incredible decision. Essentially the judge was saying that Bank of America cannot be held accountable for Countrywide frauds. They claim this is because the admittedly reckless and contemptuously misrepresented sales of fraudulent loans, the appeals court claims, somehow weren't proof of fraud! Somehow they weren't reckless and contemptuous enough. In my opinion this court's decision was reckless and contemptuous of the 7th amendment and rule of law. I'm no lawyer and I'd love it if some lawyer could justify this decision. I'm sure some can. I hope this gets appealed to the SCOTUS and that we have a less corrupt SCOTUS to hear the appeal. It just sounds really, really wrong.