Which Way, L.A.?
Banks Pay for Blight Caused by Foreclosures?
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.
By Warren Olney • • 1 min readLos 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.
Warren Olney
former KCRW broadcaster
Anna Scott
Former KCRW Housing and Homelessness Reporter
Katie Cooper
Producer, 'One year Later'
Andrea Brody
Senior Producer, KCRW's Life Examined and To the Point podcast
Carmen Trutanich
Los Angeles City Attorney
Peter Kuhns
Alliance of Californians for Community Empowerment
Stuart Gabriel
UCLA's Ziman Center for Real Estate