Reposting this story in light of the following bombshell from Gretchen Morgenson:
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Matt Taibbi reported a couple of weeks ago that Iowa Attorney General, Tom Miller, "has raised $261,445 from finance, insurance and real estate contributors since he announced that he was going to be coordinating the investigation into improper foreclosure practices."
Now, it comes to light that Miller made cold calls to the very law firms representing the nation's largest banks to ask for campaign contributions.
Miller says he does not believe his fundraising efforts among lawyers representing potential targets of his investigations give the impression of impropriety. Nor does he believe that negotiating with the lawyer who gave him $5,000, Meyer Koplow of New York’s Wachtell Lipton, now representing Bank of America, presents a conflict of interest. “All of this is just so much of a stretch,” Miller says.
That Miller sees no impropriety in all this is precisely the problem. As George Carlin has said, "It's a big club...and you ain't in it."
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