Showing posts with label Kamala Harris 2011. Show all posts
Showing posts with label Kamala Harris 2011. Show all posts

Friday, September 30, 2011

California AG Joins New York, Pulls Out of Negotiations to Settle Big Bank Abuses

Now there's some news worthy of being buried on a Friday evening where it can do as little harm as possible to the banks in question already down in the markets on a bad day and on a bad end to Q3:


California Attorney General Kamala Harris wrote in a letter on Friday that she will pursue her own investigation.

"California was being asked for a broader release of claims than we can accept and ... the relief contemplated would allow too few California homeowners to stay in their homes," Harris said in the letter to government officials leading the talks.

Read more about it here.