Eric Schneiderman Will Have To Do Better Than This

10/03/2012 03:17 am ET | Updated Oct 03, 2012
  • Jonathan Weil Bloomberg

Is this the best that Eric Schneiderman has got?

Yesterday, the New York attorney general filed a thoroughly unimpressive lawsuit against JPMorgan Chase & Co. over allegedly fraudulent sales of subprime mortgage bonds by Bear Stearns, the securities firm that JPMorgan bought in 2008 with help from the federal government.

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