Per the Financial Times:
According to five people with direct knowledge of the discussions, state prosecutors have proposed settlement language in the “robosigning” case that also might release the companies from legal liability for wrongful securitisation practices.
Some state officials have expressed concern that they have offered the banks far too broad a release from liability. Others say the broad language was perhaps inadvertently crafted and will be tightened as negotiations continue. Participants on both sides stressed the talks remain fluid.
What did you expect. If you think the state or federal governments are trying to protect you, it's time for you to pull your head out of your ass.
http://www.nakedcapitalism.com/2011/09/50-state-attorney-general-effort-to-sell-out-to-banks-makes-even-more-egregious-offer.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+NakedCapitalism+%28naked+capitalism%29&utm_content=Yahoo%21+Mail
