November 3, 2011 - 8:20am
Foreclosed
Kentucky Attorney General Jack Conway has stated that he will "not support any settlement of the robo signing mortgage foreclosure case that would give expanded civil or criminal immunity to banks or their executives." Details of the settlement that may be announced as soon as next week are starting to leak. If the leaks are accurate, Mr. Conway and a tiny handful of like minded attorneys general may soon be heroes to the cause of fighting the Wall Street influence.
The likely terms of the imminent foreclosure abuse settlement between banks, the federal government and the state attorneys general are beginning to leak out. If the leaks are accurate, we're about to see another huge government give away to the biggest of the big banks, at the expense of...