It seems that some strange politics are in play with the AG's of the US with their failure to prosecute the crimes that were apparently happening in the financial field of home mortgages.
Is there some sort of bargaining going on that the public is aware of.
Oh, I know that the AG can not take on the personal cases of the individuals, but , surely, there is nothing stopping them from filing criminal actions against the individuals who committed crimes in their financial transactions.
Or is it that if they file the claims too many financial institutions will collapse as the management is cited for criminal fraud or similar.. And how about the notaries, and the people who forged the notarized documents.
No answer forthcoming from the Cal Government, or the US government. Oh, the cite cases were small fry were punished, but the percentage of cases filed , seem to be a small fraction of the possible cases.
Just watching hearing where an investigator said that of the 14 large mortgage servicers examined all of them were not doing a good job.
And there solution is to make sure it gets better in the future and not look back at what happened in the past.
Pass the shovels, it is all getting buried with words.
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