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Old 02-16-2012, 02:36 PM
Clip-Clop Clip-Clop is offline
The Curragh
 
Join Date: Oct 2006
Location: Manningtown, Colorado
Posts: 2,727
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Quote:
Originally Posted by wiphan View Post
AGAIN FOR YOUR READING PLEASURE!!!

VI. Payments to the States
The remaining settlement funds, approximately $2.5 billion, will be paid to the participating states.
The funds may be distributed by the attorneys general to foreclosure relief and housing programs,
including housing counseling, legal assistance, foreclosure prevention hotlines, foreclosure
mediation, and community blight remediation. A portion of the funds may also be designated as
civil penalties for the banks robo-signing misconduct

This comes from the summary of the settlement, not a liberal or conservative blog, nor a newspaper. READ IT PLEASE!!
Civil penalties do not go to the general fund... ...OK wait yeah they do, nevermind.
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