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Utah Attorney General charged for taking bribe to dismiss Bank of American lawsuit.
to DU's ms. smiler:
Then-Attorney General Mark Shurtleff interviewed for a job with a law firm that represents Bank of America just two months before he personally signed a settlement of a lawsuit against the financial giant over whether it was illegally foreclosing on homes in Utah.
He subsequently was hired for the post.
The disclosure of the two days of job interviews was included in criminal charges filed Tuesday against Shurtleff and his handpicked successor, John Swallow, who resigned in December in the wake of investigations that engulfed the two.
By agreeing at the end of 2012 to dismiss the federal lawsuit against Bank of America, Shurtleff scuttled what attorneys in his own office believed was the strongest case that the bank’s foreclosure arm, ReconTrust, had been illegally foreclosing on thousands of Utah homes. One estimate put the possible loss to Utah homeowners from the dismissal at tens of millions of dollars.
http://m.sltrib.com/sltrib/mobile3/58188015-219/shurtleff-bank-america-attorney.html.csp
He subsequently was hired for the post.
The disclosure of the two days of job interviews was included in criminal charges filed Tuesday against Shurtleff and his handpicked successor, John Swallow, who resigned in December in the wake of investigations that engulfed the two.
By agreeing at the end of 2012 to dismiss the federal lawsuit against Bank of America, Shurtleff scuttled what attorneys in his own office believed was the strongest case that the bank’s foreclosure arm, ReconTrust, had been illegally foreclosing on thousands of Utah homes. One estimate put the possible loss to Utah homeowners from the dismissal at tens of millions of dollars.
News of his arrest,was posted by Don Viejo last week. The details of bribery re: BOA is new info, it seems.
http://www.democraticunderground.com/1014846698
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