Economy

Demeter

(85,373 posts)

7. Quelle Surprise! Administration and State AGs Lied, Mortgage Settlement “Broad”

Wed Feb 15, 2012, 07:03 AM

Feb 2012

http://www.nakedcapitalism.com/2012/02/quelle-surprise-administration-and-state-attorneys-general-lied-mortgage-settlement-release-described-as-broad.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+NakedCapitalism+%28naked+capitalism%29

North Carolina has posted an executive summary of the foreclosure settlement (hat tip Abigail Field), and it is a a troubling document. The first aspect is the very fact that an executive summary, rather than actual text of an agreement, is what is being released. And it’s not being released for the worst of reasons: the deal has not been finalized.

...MUCH MORE HORROR AT LINK

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