Obama leaves room for further prosecution in bank mortgage deal
The Rachel Maddow Show [video] February 9, 2011
Rachel Maddow points out similarities between the mortgage deal with banks, announced today, and the penalties paid by the cigarette industry in 1998 -with one significant difference being that President Obama left room for further prosecution of banks who abused mortgages.
Eric Schneiderman, New York Attorney General and member of the Federal Financial Crimes Task Force, talks with Rachel Maddow about the context in which to understand Thursday's deal with banks to pay billions to help mitigate the damage done by their abuse of mortgages.
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