New York Attorney General Eric Schneiderman
We here at the South Florida Law Blog decided to clock in a few hours this weekend, because if we didn’t we’d probably fall behind President Obama’s new man-in-the trenches Eric Schneiderman.
President Obama only announced this new investigative unit during Tuesday’s State of the Union, yet the “check”, or in this case the subpoena, is already in the mail.
If you were skeptical that Obama was still interested in the status-quo when it comes to the banks and doing business, may we present Exhibit A.
Eric Schneiderman is turning himself into a modern-day Elliot Ness.
You remember Ness don’t you?
The federal agent whose team of “Untouchables” couldn’t be bought off and helped bring down Al Capone?
Schneiderman too has the era of a man who will not be co-opted. If anyone can stay above the fray and not be reeled in by the banks and their money, he can.
Investigation Going After Cause of Housing Crisis
Schneiderman has stood up to the President before, openly opposing the settlement agreement that we here at the South Florida Law Blog have railed against. And now he is Obama’s point man for placing blame and creating accountability for causing the worst economic crisis in the US since the Depression.
Elliot Ness
The Huffington Post is reporting that outside of claims directly relating to robo-signing fiasco, the banks will not be released from the threat of prosecution for the vast majority of securities-related crimes.
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