Monday, March 17, 2008

Lost in translation

Who wrote it?

Predatory lending was widely understood to present a looming national crisis. This threat was so clear that as New York attorney general, I joined with colleagues in the other 49 states in attempting to fill the void left by the federal government. Individually, and together, state attorneys general of both parties brought litigation or entered into settlements with many subprime lenders that were engaged in predatory lending practices. Several state legislatures, including New York's, enacted laws aimed at curbing such practices.


Elliot Spitzer coulda been a contender.

But is it any wonder the Bush administration's DOJ spent weeks trying to spot him with a call girl.

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