Which Way, L.A.?
California Joins the Federal Housing Settlement
California's Kamala Harris was a holdout, but became one of 49 state AG's to sign on to a $26 billion settlement with 5 big banks negotiated by the Obama Administration.
By Warren Olney • • 52m ListenCalifornia's Kamala Harris was a holdout, but she finally became one of 49 state attorneys general to sign on to a $26 billion settlement with five big banks negotiated by the Obama Administration. But some of those dealing with home foreclosures say it won't make much of a difference. We hear both sides. Also, LA City Attorney Carmen Trutanich announces a bid for District Attorney, and a Latin Jazz musician who's protesting the dropping of his category, along with Gospel, Rhythm and Blues and others, from Sunday's Grammy Awards. On our rebroadcast of today's To the Point, Mitt Romney and the Mormon Church.
Banner image: California Attorney General Kamala Harris speaks about the national mortgage settlement that secures $18 billion in relief to thousands of California homeowners.
In this episode
4 storiesCity Attorney Carmen Trutanich Running for District Attorney
Carmen Trutanich promised to serve two terms as LA City Attorney. But today, still in his first term, he announced his candidacy for District Attorney, releasing a 13-minute video. There was nothing sudden about Trutanich's decision. He already has a campaign war chest with $990,000. Gene Maddaus is covering the story for the LA Weekly .
Read the story8 minWill a Federal Foreclosure Deal Help Californians?
President Obama announced a $26 billion settlement today with 49 state attorneys general and five major banks. He said it will "end some of the most abusive practices of the mortgage industry and begin to turn the page on an era of recklessness." California's Attorney General, Kamala Harris, was one of the last to get on board.
Read the story11 minProtest at the Grammys
The Grammy Awards will be handed out Sunday at Staples Center, but some kinds of music won't be represented any more. They are Gospel, Rhythm and Blues, and others with heavily ethnic audiences, including Latin Jazz. One musician who's not taking that lying down is Bobby Matos, whose specialty is Latin Jazz.
Read the story7 minMitt Romney and the Mormon Church
Mitt Romney speaks often about his faith in God and his loyalty to "the same church." But in 2007, when he made a carefully written speech about his religion, he mentioned the word "Mormon" only once. He seems "unable to talk about the very subject he seems to care about most, a lifelong source of spiritual, familial and intellectual…
Read the story26 min
