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NY State Attorney General Probing Banks’ Role In Mortgage Crisis

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posted on Oct, 26 2011 @ 01:25 AM

New York State Attorney General Eric Schneiderman Probing Banks’ Role In Mortgage Crisis


ALBANY, NY (AP) - New York Attorney General Eric Schneiderman is seeking records from three major Wall Street banks as part of a broad investigation into the mortgage crisis that fueled the recession, an official familiar with the issue said Tuesday. Schneiderman is meeting with representatives of the Bank of America, Morgan Stanley and Goldman Sachs, according to the official, who spoke to The Associated Press on condition of anonymity. Those meetings are expected to focus on mortgage securities operations during the boom on Wall Street that ultimately cost banks billions of dollars.

hmm i highly doubt he will have the power to do anything about it.
its up to the masses to stop the control of banks. a century has shown us that law and justice does not exist when it comes to corporate world leaders.

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