Media Releases Photos of Bank of America, Wells Fargo Foreclosure Firm's Homeless Themed Halloween Bash
The New York Times revealed pictures from a party where the company's employees openly mocked those who had been evicted from their homes.
As is tradition at the law office of Steven J. Baum -- a top foreclosure firm in New York State -- employees donned costumes to work on the Friday before Halloween. This year, a revealing New York Times column surfaced on the web featuring photos from the firm's 2010 bash.
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Employees were dressed as homeless people, openly mocking those who had been victims of foreclosure. In photos obtained from a former employee, one woman is seen wearing a sign that reads, "3rd party squatter. I lost my home and I was never served." According to the unnamed source, the sign is meant to reflect "the typical excuse" of homeowners attempting to avoid a foreclosure proceeding.
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The source adds that the images are an accurate representation of the firm's mindset. "There is this really cavalier attitude," she said. "It doesn't matter that people are going to lose their homes." The former employee said that she wanted to make the images public in order to show the firm's "appalling lack of compassion towards homeowners."
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Steven J. Baum represents giant mortgage lenders including Bank of America, Citigroup, JPMorgan Chase and Wells Fargo. "It has been suggested that some employees dress in… attire that mocks or attempts to belittle the plight of those who have lost their homes," a statement read in response to the publication. "Nothing could be further from the truth."
The spokesperson went on to describe the column as "another attempt by The New York Times to attack our firm and our work."
View more images at the New York Times' website.