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No Agreement in Principle in Foreclosure Fraud Settlement

Our Governments, state and federal, get together in a closed room with the banks that crashed the economy and lied to courts. Then suddenly they announce a settlement, and pour out a load of PR and fly-by press conferences extolling its wonders. So where is the text? We don’t get the text. Now we learn there isn’t one. There isn’t even a written agreement in principle awaiting reduction to a final text. We don't get to see it until it gets to court.

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