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1. Bravo to AG Schneiderman

(Web Page; Fri Oct 26 10:23:00 CDT 2012)

There has been much discussion about the lawsuit recently filed by New York’s Attorney General, Eric Schneiderman, against JP Morgan for fraudulent activities committed by Bear Stearns before JP Morgan acquired it in March 2008. F...

Description: Attorney General Schneiderman is coming under fire for his lawsuit against JP Morgan. Empire Justice advocates argue that it’s a matter of justice that banking institutions that purchased failed predatory lending businesses be held accountable – particularly since the potential for litigation was factored into the lowered purchase, or “fire sale” price.