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yuiyoshida

(42,714 posts)
Thu Oct 24, 2019, 04:59 PM Oct 2019

Damn it!!

New book whacks Kamala Harris’ AG record during housing crisis

SAN FRANCISCO — Kamala Harris catapulted to Democratic stardom on a narrative based on her role as California’s attorney general during the housing crisis, when she was an unrelenting adversary of big banks and mortgage lenders, and a champion of consumers.

But a new book by Pulitzer Prize-nominated reporter Aaron Glantz challenges that storyline, arguing that Harris not only allowed Steve Mnuchin’s OneWest bank to get away with foreclosing on tens of thousands of state homeowners, but then tried to bury the evidence.

The book, titled “Homewreckers: How a Gang of Wall St. Kingpins, Hedge Fund Magnates, Crooked Banks and Vulture Capitalists Suckered Millions of Out of Their Homes and Demolished the American Dream,’’ was published this week by Custom House.
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It posits that a group of Wall Street moguls including Trump Cabinet appointees Mnuchin and Wilbur Ross, as well as White House insiders like Steve Schwarzman and Tom Barrack, took advantage of “a rigged system” to transfer billions of dollars from individual homeowners into their own pockets during the Great Recession.

“Consumers wonder how is it that we all got so far behind” and so many Americans lost their homes in the Great Recession, Glantz — a two-time Peabody Award winning journalist with California-based REVEAL and the Center for Investigative Reporting — said Monday in an interview.

more...
https://www.politico.com/news/2019/10/22/kamala-harris-attorney-general-california-housing-053716
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Damn it!! (Original Post) yuiyoshida Oct 2019 OP
So Kamala gets the blame for GOP crimes? Cartoonist Oct 2019 #1
Figures. Someone in a regulatory position that couldn't hold back a tidal wave of FailureToCommunicate Oct 2019 #2

FailureToCommunicate

(14,322 posts)
2. Figures. Someone in a regulatory position that couldn't hold back a tidal wave of
Thu Oct 24, 2019, 06:16 PM
Oct 2019

greedy bankers and real estate moguls profiteering, gets blamed for the fallout. What. A. Surprise.

Also: Politico.

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