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Eric Schneiderman

One Step Backwards, One Step Forward

Marcia G. Yerman | Posted 05.06.2012 | Green
Marcia G. Yerman

New York Attorney General Eric Schneiderman filed a lawsuit on behalf of New York and ten other states with the mission of compelling the U.S. Environmental Protection Agency to issue new regulations on soot pollution.

NYC's Anti-Profiling Law 'Not Worth The Paper It's Written On'

ProPublica | Justin Elliott | Posted 05.02.2012 | New York

In July 2004, New York Mayor Michael Bloomberg presided over a celebratory signing ceremony at City Hall for a new law that banned the NYPD from r...

Schneiderman Task Force Already Buckling

Firedoglake | David Dayen | Posted 03.01.2012 | Politics

Congressman Brad Miller will not become the staff director of the celebrated working group investigating securities fraud by the big banks, according ...

Amanda Terkel

EXCLUSIVE: Eric Schneiderman Joins Push To Add Marriage Equality To Democratic Party Platform | Amanda Terkel | Posted 03.01.2012 | Politics

WASHINGTON -- New York Attorney General Eric Schneiderman has become the latest high-profile Democrat to sign on to the campaign to get the Democratic...

Ryan Grim

Wall Street Task Force Faces Major Challenge | Ryan Grim | Posted 02.28.2012 | Politics

A task force is a fickle thing. With the right leader, a strong staff, a broad mandate and a target population rich with criminal actors, a team of pr...

Ben Hallman

Pressure Mounts On This Man | Ben Hallman | Posted 02.27.2012 | Business

Having failed to get Fannie Mae and Freddie Mac on board helping struggling homeowners in California, Attorney General Kamala Harris is trying a new t...

A New Strategy for Wall Street Accountability

Mike Lux | Posted 04.16.2012 | Politics
Mike Lux

One of the things we always need to be careful of is letting down after a big fight comes to a conclusion. With the banking settlement finished, one phase of the fight for Wall Street accountability is over, but now we enter an even more important next phase.

There's No Bank 'Settlement' -- That Was All Election PR

Abigail Caplovitz Field | Posted 04.15.2012 | Business
Abigail Caplovitz Field

What are "Agreements in Principle"? Everyone in the know knows there's no deal yet, just promises from the ever-so-trustworthy bankers and the Feds that cater to them.

Ben Hallman

Banks Winning On Government Handouts, Guess Who's Losing? | Ben Hallman | Posted 03.16.2012 | Business

If there was any doubt about whether it is better financially to be a big bank or a small housing counseling nonprofit, consider how both are faring i...

Will All 50 Attorneys General Waive Their Right to Pursue Criminal Investigations on Wall Street?

Thom Hartmann | Posted 04.07.2012 | Business
Thom Hartmann

All 50 Attorneys General across the nation have until today to decide if they're going to sign on to a settlement with the nation's biggest banks to l...

First Bank Fraud, Now Political Fraud

Dennis M. Kelleher | Posted 04.11.2012 | Business
Dennis M. Kelleher

It's like saying rather than drowning in a lake 50 feet deep, you get to drown in a lake that is only 30 feet deep. And, people are taking victory laps? You don't believe any of that and still think what the politicians said about punishing the banks was true?

Loren Berlin

Holdout States Massachusetts, New York, California, Delaware Reveal Their Share Of Foreclosure Deal | Loren Berlin | Posted 02.09.2012 | Business

The five states that most actively resisted a settlement with banks over charges of widespread mortgage fraud announced their cut of the nationwide de...

Foreclosure Fraud: Scoring the Deal, Continuing the Fight

Richard (RJ) Eskow | Posted 04.10.2012 | Politics
Richard (RJ) Eskow

The Federal government and the Attorneys General from 49 states have signed a deal with five major banks over charges of fraud, including reported acts of widespread perjury and forgery, in the so-called "robo-signing" scandal.

Robo-Signing Bank Settlement Is a Criminal Sell Out

Dennis M. Kelleher | Posted 04.10.2012 | Business
Dennis M. Kelleher

The banks engaged in a years' long pattern of what can only be described as fraudulent if not criminal conduct that would put anyone else in prison for years if not decades, yet banks get to buy off the cops with some money to help just a few of the victims they created.

The Top 12 Reasons Why You Should Hate the Mortgage Settlement

Yves Smith | Posted 04.10.2012 | Politics
Yves Smith

This settlement is yet another demonstration of who wields power in America, and it isn't you and me. It's bad enough to see these negotiations come to their predictable, sorry outcome. It adds insult to injury to see some try to depict it as a win for long suffering, still abused homeowners.

The Long War

Mike Lux | Posted 04.10.2012 | Business
Mike Lux

We'll win some but we'll lose some, and some of the time we will do both at the same time. That is the story of the robo-signing settlement that has finally become a done deal after many long months of struggle over it.

Loren Berlin

National Mortgage Settlement All But Inevitable As California, New York Join Deal | Loren Berlin | Posted 02.09.2012 | Business

A settlement between the nation's largest banks and the government over allegations of widespread mortgage fraud could come as early as Thursday, capp...

America's Biggest Banks: Poor, Poor Pitiful Us

Mike Lux | Posted 04.09.2012 | Business
Mike Lux

For about 16 months, we have been hearing that the settlement talks with the big banks are just about to close, but they never do, and it's clear that the major holdup now is bankers crying themselves a river, weeping, moaning, and gnashing their teeth.

CSI Missouri: A "Robo-Signing" Indictment in the Show-Me State

Richard (RJ) Eskow | Posted 04.08.2012 | Business
Richard (RJ) Eskow

Forgery and perjury are serious crimes. It's an even more serious crime to ask others to do it for you.

Loren Berlin

Banks Fear Mortgage Settlement Doesn't Protect Against Future Fraud Charges | Loren Berlin | Posted 02.07.2012 | Business

Executives at some of the nation's largest banks could be slowing down the national settlement over allegations of widespread mortgage fraud, concerne...

California And New York Mulling Signing On To National Mortgage Deal

AP | DEREK KRAVITZ | Posted 04.07.2012 | Business

WASHINGTON — California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a de...

Why Do Dangerous Financial Criminals Roam Free?

June Carbone | Posted 04.07.2012 | Business
June Carbone

If we want crooks behind bars -- and if want to stop future financial crimes -- we need to rebuild the foundation for effective prosecutions by appointing regulators who believe in the mission and have a proven record of success.

A Healthy Skepticism

Mike Lux | Posted 04.06.2012 | Business
Mike Lux

A healthy skepticism is an activist's best asset, and we need to keep banging away to hold the administration accountable in its belated response to mortgage fraud.

The Least of These, the Middle Class, and the Most Powerful

Mike Lux | Posted 04.04.2012 | Business
Mike Lux

I have always believed that ultimately, unless the good guys get hosed regarding how narrow the legal release language is, the administration's mortgage settlement is a sideshow.

Loren Berlin

New York AG Takes A Strike At Major U.S. Banks | Loren Berlin | Posted 04.04.2012 | Business

Three big banks were hit on Friday with yet another lawsuit related to wrongful foreclosures. Democratic New York Attorney General Eric Schneiderman f...