Letting the Banks Off Easy

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Letting the Banks Off Easy

Letting the Banks Off Easy

The banks want California, and the Obama administration hopes they can get it.

NYT-

In September, the attorney general of California, Kamala Harris, withdrew from settlement talks between the banks and federal and state officials over mortgage abuses. Ms. Harris said California was being asked to excuse bank conduct that has not been adequately investigated and to grant the banks an unacceptably broad release from legal liability for the mortgage mess.

[NEW YORK TIMES]

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