Former New York Governor Eliot Spitzer and Chris Hayes discuss the possibility of a reported agreement that may not hold U.S. banks liable for mishandling mortgage notes.
Is President Obama really going to use the State of the Union speech on Tuesday to announce a deal between big banks and all 50 state attorneys general? And if so, is it going to be a good deal for American homeowners? Or a good deal for the banks? Former NY Governor and Attorney General Eliot Spitzer shares with Chris what he has heard the White House has been pushing for.
Jonathan Larsen is the executive producer of Up w/ Chris Hayes. You can follow him on Twitter @JTLarsen.
Leave a Comment:
Why do people like Spitzer exist in this country? On one hand they claim to be for the people and looking out for our interests then the very next second they are busy defending the very system which they claim to be an unmitigated failure to us but wont abandon (Rigged Enterprise) Chrony Capitalists who are out to do us the most harm! Obama is the same, and so are all the Republican and most Democrat politicians. Time will come when these two faced bandits wont be able to pull the wool over our eyes anymore. I wont hold my breath but they can fool every other American just not me!
From the 'you should know' segment -- the comment about the climate study put out by GMU -- George Mason Uni's think tank is owned by the K0ch brothers! Of COURSE they would put out an anti-climate change study! Follow the money, Chris! ;) If GMU puts out an anti-climate change study, the K0chs have more to leverage against regulations. You should know this!
But love your show! :)
I have not developed faith in Pres O's choices in financial advisors/dept. heads; except for Orszag at CBO. I hope Elliott is wrong. The US took a pass on justice and gwbush, and look where that got us.