California drops huge bomb on the banksters

On Friday, California, the nation’s number-one state for foreclosures, has pulled out of 50-state negotiations to reach a settlement over robosigning and other foreclosure related issues.

AG Kamala Harris said in the letter “It became clear to me that California was being asked for a broader release of claims than we can accept and to excuse conduct that has not been adequately investigated.”

One Response to California drops huge bomb on the banksters

  1. Denn Sat, Oct 01, 2011 at 9:40 am #

    This is a reflection of the way official channels are routinely diverted by interest groups; under Miller’s “leadership,” the process has been a whitewash. Hopefully, Harris can team up with Schneiderman and other disgusted AGs to pursue a more effective track.