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News Journal: AGs deserve credit for caution on unfair bank deal
Forget the headlines. Beau Biden is still hanging on.
For months, Delaware’s attorney general and Eric Schneiderman, his New York counterpart, have been the prime holdouts over a proposed mortgage-scandal deal with the nation’s biggest banks.
Now their position — that a lot of investigating remains — is gaining support from colleagues in other states.
Every couple of weeks, a rash of headlines proclaim the top banks and the 50 state attorneys general are close to a deal that would fix the bad mortgages dragging down the economy. The leaks are so predictable that it’s easy to read them as part of a public relations campaign.
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