California Pulls Out Of 50-State Foreclosure Talks

SACRAMENTO, Calif. (AP) -- California Attorney General Kamala Harris says she will not agree to a settlement over foreclosure abuses that other state attorneys general are negotiating with major U.S. banks....

AP - California Attorney General Kamala Harris says she will not agree to a settlement over foreclosure abuses that other state attorneys general are negotiating with major U.S. banks.

During the protracted negotiations over what was to become the 49 state/Federal mortgage settlement, New York attorney general Eric Schneiderman was hailed as a progressive leader and California’s Kamala Harris was characterized as an opportunist.

President Barack Obama apologized to California Attorney General Kamala Harris “for the distraction created” when he remarked on her appearance at a San Francisco- area fundraiser, his spokesman said. Obama called Harris following his return to Washington and after his remarks generated criticism on social media and from political opponents.

President Barack Obama gave a shout-out to California Attorney General Kamala Harris during a fundraising stop in Atherton, Calif. today, calling her "by far the best-looking attorney general" in the country.  Per the White House pool report: 

This is a comment from The Institutional Risk Analyst from last summer.  Since then the California Bill of Rights has gone into effect and this comment has landed me on the enemies list with consumer advocates and trial lawyers. Thought we should have an evergreen of this comment on ZH.  Just remember Kamala Harris when the expected HPA fails to materialize in 2013 and CA starts to behave a lot like NY, CT, NJ. -- Chris