Someone ring a bell because Connecticut Attorney General Richard Blumenthal has just sued Countrywide (and, of course, Bank of America) for deceptive lending practices. They’re seeking damages of $100,000 for each violation, as well as “up to $5,000 per violation of state consumer protection laws, disgorgement of all ill-gotten gains and an order compelling the company to cease its illegal practices.”
NY Governor and former star Attorney General, Eliot Spitzer, has resigned today after his predilection for pricey whores caught up with him.
“I have acted in a way that violates my obligation to my family and violates my or any sense of right or wrong,” said Mr. Spitzer, who appeared with his wife Silda at his Manhattan office. “I apologize first and most importantly to my family. I apologize to the public to whom I promised better.”
The Nebraska Attorney General has told the Conoco that posted low prices on its signs but then charged 25-50 cents higher per gallon on most of the pumps to stop its deceptive advertising practices.
Hey, Gary Forsee!