Detailed text transcripts for TV channel - MSNBC - 20120129:14:14:00
Securitization fraud. >> i'm asking my attorney general to create a special unit, federal prosecutors and leading state attorney general, to expand our investigations into the abuse of lending and packaging and risking mortgages that led to the housing crisis. this new unit will hold accountable those that broke the law and speed assistance to homeowners and help turn the page on an error of recklessness that hurt so many americans. >> on friday the justice department announced that they had issued civil subpoenas to 11 financial institutions and today it is my great pleasure to welcome to the...