Kamala Harris' mortgage meltdown record under scrutiny as campaign heats up

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26. lol

This is a roundabout way to lamely blame her for not prosecuting Muchin.

“We didn’t have the legal ability because of the way the rules were written in favor of the banks in terms of our subpoena powers as the state attorney general,” Harris said.

Daily Kos:

First and foremost, let’s point out that of all the attorney generals and elected representatives in the country during the financial crisis, there was ONE who chose to investigate and who went after the banks for a settlement. That was Kamala Harris. She didn’t get any prosecutions or convictions, but she did strong-arm the banks into turning a $2 billion settlement proposal into $25 billion of immediate payments.

This can’t be overlooked. Sen. Harris was entirely responsible for pulling out of negotiations in 2011 in order to force the banks to pay more. And it worked. So before you get all high and mighty about how you would have for sure jailed some bankers, weigh what good it did California families to get $25 billion compared to what they would have gotten from watching a complex civil proceeding play out over five years.

She got money to people losing their homes, and that was more important.

On the OneWest issue, it’s a misnomer (ie, lie) that Harris “didn’t prosecute Mnuchin.” He was never under investigation, and Harris didn’t receive a referral to criminally prosecute anyone. What she got was a recommendation to file a civil enforcement action against OneWest. In such a filing, no one person is accused of anything. Instead, an entire company is looked at, and perhaps fined for wrongdoing.

So why didn’t she file the action? Well, Senator Harris isn’t exactly free to openly discuss that, because we don’t openly discuss investigations. It’s not appropriate to discuss partial evidence, suspicions, or rumors. This harms the party under investigation, who has a right to a presumption of innocence.

But the reasons this didn’t go anywhere are likely far simpler...

read more: https://www.dailykos.com/stories/2019/1/21/1827095/-Kamala-Harris-and-the-big-lie-that-she-didn-t-prosecute-Mnuchin