2011-08-31firedoglake.com

"A settlement will not be part of this announcement, because some important Attorneys General think it's more important to defend the rule of law than to let banks off the hook for systematic crimes that they will probably continue to commit even in the event of a settlement. Even those AGs in the settlement talks agree that there will be no broad release of claims, and that the investigations of Schneiderman and the other states on issues beyond robo-signing and servicing should continue. Of course, this guarantees that there will not be a settlement, because the banks want a liability release on everything."



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