Banks Pay for Blight Caused by Foreclosures?

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Los Angeles City Attorney Carmen Trutanich has filed a second lawsuit against a major bank for consequences of the foreclosure crisis. First it was Deutsche Bank of Germany; now it's US Bank of Minneapolis, a major player here in LA. US Bank is accused of letting 150 foreclosed homes to fall into disrepair, creating blight in their neighborhoods, including drug dealing and prostitution.

Credits

Guests:
Carmen Trutanich - Los Angeles City Attorney - @CarmenTrutanich, Peter Kuhns - Alliance of Californians for Community Empowerment, Stuart Gabriel - UCLA's Ziman Center for Real Estate - @uclaanderson

Host:
Warren Olney

Producers:
Anna Scott, Katie Cooper, Andrea Brody