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NYAG Eric Schneiderman Pushes Back After Being Kicked Off Mortgage Abuse Investigation - NYDailyNews

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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 05:36 PM
Original message
NYAG Eric Schneiderman Pushes Back After Being Kicked Off Mortgage Abuse Investigation - NYDailyNews
NYAG Eric Schneiderman Pushes Back After Being Kicked Off Mortgage Abuse Investigation
After being pushed off a national panel of state attorneys general looking into subprime mortgage abuses, Eric Scheiderman is basically telling the guys who ousted him where to file their briefs.
BY CELESTE KATZ - NYDailyNews
AUGUST 24, 2011 3:56



<snip>

In an email to campaign supporters today, which came with the subject line "Standing Up For You," he wrote:

"You might have been following the latest developments related to the national settlement of the mortgage probe, including this story in today's Huffington Post about our tough fight for a comprehensive resolution to this crisis.

"Let me tell you directly: I am deeply committed to pursuing a full investigation into the misconduct that led to the collapse of America's housing market, and to seeking a resolution that gives homeowners meaningful relief, allows the housing market to begin to recover, and gets our economy moving again.

"Our ongoing investigation into the housing crisis cannot be shut down to accommodate efforts to settle quickly and give banks and others broad immunity from further legal action. If you have any thoughts or concerns about this critical issue, please contact me at 1-800-771-7755, or send a message via Facebook or Twitter."


<snip>

Link: http://www.nydailynews.com/blogs/dailypolitics/2011/08/nyag-eric-schneiderman-pushes-back-after-being-kicked-off-mortgage-abuse-inves

:bounce:

:patriot:

:kick:


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villager Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 05:38 PM
Response to Original message
1. Once again, we're left rooting for real Democrats battling against the White House
n/t
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joeybee12 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 05:40 PM
Response to Reply #1
4. God, that is so true, and so sad...nt
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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 05:42 PM
Response to Reply #1
5. + 1,000,000,000... What You Said !!!
EXACTLY !!!

:hi:

:kick:
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Pooka Fey Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 05:43 PM
Response to Reply #1
8. + 1,000,000.00
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librechik Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 06:02 PM
Response to Reply #1
14. sigh, too true n/t
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OffWithTheirHeads Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 05:39 PM
Response to Original message
2. Right fucking on! Let's flood his phones! K&R big time.
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rhett o rick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 05:40 PM
Response to Original message
3. Who kicked him off? nm
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enough Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 05:43 PM
Response to Reply #3
7. Good question. (nt)
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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 05:50 PM
Response to Reply #3
11. Go Here:
Kanner said Schneiderman was removed at Iowa Attorney General Tom Miller's "prerogative."

Miller, through a spokesman, said that Schneiderman was "intimately involved in every aspect of this investigation and possible settlement" from the launch of the probe last October to this past June. Schneiderman was "on every internal conference call and participated in all conference calls and meetings with the top five mortgage servicers. As such, New York had a large influence on the actions and decisions of the multistate."

But in June, after The Huffington Post reported on a confidential conference call between state and federal officials, the executive committee was reduced to a smaller group of states that would directly negotiate with the five banks. Schneiderman was invited to join this smaller group, but declined, Miller said.

"Since that time, New York has actively worked to undermine the very same multistate group that it had spent the previous nine months working very closely with," Miller continued. "While we certainly respect the right of any state to choose to no longer participate in a multistate and to pursue another path, working to actively undermine a multistate while still a member of the Executive Committee simply doesn’t make sense, is unprecedented and is unacceptable. Accordingly, today I informed New York that it is no longer a member of the Executive Committee."

Schneiderman's removal will likely make it easier for state and federal officials to reach an accord with the five banks. However, the potential amount of money they'll be able to extract will likely decrease.


Link: http://www.huffingtonpost.com/2011/08/23/new-york-attorney-general-eric-schneiderman_n_934517.html

More Here: http://news.firedoglake.com/2011/08/24/miller-boots-schneiderman-off-foreclosure-fraud-settlement-committee/

And Here: http://news.firedoglake.com/2011/08/24/iowa-community-group-blasts-miller-for-removal-of-schneiderman/

And ESPECIALLY Here: http://www.rollingstone.com/politics/blogs/taibblog/best-way-to-raise-campaign-money-investigate-banks-20110421

:shrug:

:hi:
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rhett o rick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 05:59 PM
Response to Reply #11
13. Thank you. nm
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Demoiselle Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 07:10 PM
Response to Reply #11
20. Let me rephrase my question down farther on this thread..
Edited on Wed Aug-24-11 07:11 PM by Demoiselle
Why and how does Miller have the authority to do this?
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LetTimmySmoke Donating Member (970 posts) Send PM | Profile | Ignore Thu Aug-25-11 12:02 AM
Response to Reply #3
27. The Obama Administration had him kicked off.
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markpkessinger Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-25-11 08:44 PM
Response to Reply #3
39. But see also...
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Pooka Fey Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 05:43 PM
Response to Original message
6. K&R Please keep this important post kicked
Edited on Wed Aug-24-11 05:45 PM by Pooka Fey
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 05:45 PM
Response to Original message
9. Hey, Eric, we've got your back.
If anyone thinks it's smart politics for Obama to throw Schneiderman under the bus in order to rush through that whitewash settlement for his bankster pals, think again.

Guess where all of those MBS trusts were established.
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Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 05:48 PM
Response to Original message
10. Yes we can! Yes we can!
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Luminous Animal Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 05:54 PM
Response to Original message
12. I love this. Here is a link to his facebook page.
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slipslidingaway Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 06:03 PM
Response to Original message
15. knr nt
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Jefferson23 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 06:07 PM
Response to Original message
16. K&R for Schneiderman. I sent his office an e-mail before I saw this post.
:thumbsup:

















:kick: :kick: :kick: :kick: :kick: :kick: :kick: :kick: :kick: :kick: :kick: :kick: :kick: :kick: :kick: :kick: :kick: :kick: :kick: :kick:
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EFerrari Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 06:11 PM
Response to Original message
17. Contact your own AG and tell them to stand with Schneiderman. n/t
Edited on Wed Aug-24-11 06:17 PM by EFerrari
/oops
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theaocp Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 07:03 PM
Response to Original message
18. k&r for cajones
I'll be calling tomorrow and keeping this kicked. Fuck these banks.
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Demoiselle Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 07:08 PM
Response to Original message
19. Who had the authority to "kick him off?"
I apologize for the obvious dumb question, but who appointed this committee in the first place? Where does its power come from? To whom does it report?
Again, I'm sorry to have to ask...but I'd really appreciate the answers.
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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 07:13 PM
Response to Reply #19
21. Go Here:
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City Lights Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 07:16 PM
Response to Original message
22. Keep pushing!
:bounce:

Rec'd.
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Luminous Animal Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 07:32 PM
Response to Original message
23. Kick. He's added a couple of hundred new "likes" on facebook.
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Luminous Animal Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 08:51 PM
Response to Original message
24. New York, Delaware, Massachusetts, and I believe Nevada Attoneys General are
rejecting deals. If you live in those states, give your Attorney General some love.

Kamala Harris in California may reject any deal but rather go forward with investigations.
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Luminous Animal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-25-11 09:43 AM
Response to Reply #24
31. Ack! I was wrong. Schneiderman is the only AG rejecting a deal.
Here's Matt Tiabbi yesterday on Schneiderman, Obama, and the bank deal.

http://www.rollingstone.com/politics/blogs/taibblog/obama-goes-all-out-for-dirty-banker-deal-20110824

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bluestate10 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-25-11 08:18 PM
Response to Reply #31
37. How do you explain the Massachusetts AG, one of the most progressive in the nation?
Conjure up your best conspiracy theory, I have had a hard day and need a good belly laugh.
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Luminous Animal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-25-11 08:32 PM
Response to Reply #37
38. Why would I conjure up a consiracy theory? I wouldn't know where to begin.
To her credit, Coakley has indicated that she will not sign off on the deal if it includes limits on further liability.

But, if you live in Massachusetts, maybe you could call Coakley's office and ask why she is willing to settle for fractions of pennies on dollars that were stolen.
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Hotler Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 09:56 PM
Response to Original message
25. k& r n/t
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Luminous Animal Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-24-11 11:56 PM
Response to Original message
26. Kicking again in hopes that who champion justice will call or send a message via Facebook or Twitter
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EFerrari Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-25-11 12:05 AM
Response to Original message
28. Kick
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kenny blankenship Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-25-11 12:05 AM
Response to Original message
29. Better watch out. They got Eliot Spitzer and they'll be coming after you too.
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_ed_ Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-25-11 08:02 AM
Response to Original message
30. Obama is again the roadblock to banking reform and
prosecutions.

Obama will do anything to protect his rich friends. Anything.

Does he ever fight this hard for us?
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Supersedeas Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-25-11 09:50 AM
Response to Original message
32. a quick end to the investigation and broad immunity--sounds like another high profile investigation
with Eric Holder's finger prints all over it.
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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-25-11 09:53 AM
Response to Original message
33. That's the job I elected Schneiderman to do.
:bounce:
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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-25-11 12:56 PM
Response to Original message
34. One good thing: He's the NY AG, where a lot of the banks have their HQs.
He can bring them up on State charges. Without him, the rest of the deal is worthless.
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QC Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-25-11 08:12 PM
Response to Original message
35. Kick
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shanti Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-25-11 08:14 PM
Response to Original message
36. cojones!
he has them K&R
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markpkessinger Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-25-11 08:46 PM
Response to Original message
40. This Admin. continues to shield criminals n/t
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