There’s nobody who hates navel-gazing more than I, so I will try to dispense with this quickly. Glenn Thrush thinks I’m wrong to attribute the same perspective on Eric Schneiderman to Tom Miller, who dissed him on the record, and Shaun Donovan.
Miller, who has clashed with Schneiderman over the terms of the releases with banks, did take a shot at Schneiderman, and I make it clear the two have a contentious history.
But Donovan? No way. I make the opposite point throughout the story, including an early assertion of how Schneiderman pressed HUD to get tougher on banks: Donovan, sources told me, felt like he developed a good working relationship with the AG after a very rocky start [...]
The line that seems to have started this is Miller’s contention on the record that “Donovan didn’t make many changes but was artful enough to sell it as a compromise to the New York attorney general.”
Miller said that. Donovan didn’t.
Sigh. The headline said “HUD officials,” not Donovan. But perhaps this is a copy error. Not on par with thinking the Wisconsin state flag is a union flag or anything, but perhaps an error. But if you think that Tom Miller speaks for himself and doesn’t run everything settlement-related by his Administration higher-ups, you haven’t been watching the negotiations on this thing for the last year. And I don’t think Thrush has. He’s too busy writing beat sweeteners like this. But Miller is a figurehead, and he has been employed on numerous occasions to be an attack dog against critics of the settlement. He’s lied to the press multiple times, and to be frank, I don’t even think he’s telling the truth here. Shahien Nasiripour had five sources tell him in September that securitization releases were in the settlement draft term sheet. The release probably did change because Schneiderman held out.
But that’s hardly the point. The point is that Miller had a chat with Glenn Thrush and, before telling him that Eric Schneiderman got nothing that he wanted and was spun by Shaun Donovan, didn’t say “are we off the record?” That’s quite amazing. And since Donovan was a subject of that comment, I simply don’t believe that a co-chair of the Obama campaign would say that without at least some implicit permission. Miller long ago ceased being his own person.
Then again, maybe I’m not savvy enough to understand this whole thing because I don’t wear a reporter’s hat from the 1930s.
…by the way, this fits a pattern of many of those connected to the settlement not talking publicly to reporters who actually have been following the story. Donovan is actually the only one of late with the guts to talk to people like me on the record. Most go to Rachel Maddow or Politico or Greg Sargent. Greg’s a good reporter and Rachel’s a good talk-show host, but they’re general-interest media who don’t have the working knowledge of a complex and difficult subject.
…also, Glenn, next time, give an outbound link to my story so people can read it for themselves. I know you know how to link, you certainly had no problem linking your own story. I grant that could be Politico’s internal style guidelines stopping outbound links, though I doubt it.




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A shot to the Hat. Good.
Good for you, David. Your coverage on the whole mortgage mess is the best.
David,
There are too many people here at FDL that specialize in areas close to the issue. You, have spent an enourmous amount of time to learn the terminology and workings on this subject, plus as you noted had face to face interviewing.
The more opportunities that we have to show media and experts that are criminally misinforming America the better!
Are you suggesting that Tom Miller is not his own man? That just can’t be correct. Of course he’s his own man (if you leave out the sycophancy, sucking-up, groveling, obsequious careerist hack, knee-pads part).
Politico is closer to The National Enquirer than it is to even The Washington Post. So it doesn’t surprise me that GT doesn’t see what others and even I saw in his story.
That Obama’s people feel the need to spin VaporWare still suggests the deal isn’t cohesive, or is actually falling apart. And the idea players are getting knifed behind their back (or other messier activities) might hasten the latter.
If Glenn is thinking of seriously covering this issue, he could study blogs by DD, YvesSmith, and the lineage of Gretchen Morgenson. And a quickie primer on how messed up this is is conveniently here…
I still have seen no response from Schneiderman on this. He’s being a good lapdog.
Boxturtle (Mr AG: If you want to save your reputation, now is the time to bail out)
x2
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Isn’t there an illness called thrush? Anyway, this guy is a drudge wannabe. Just look at the hat. His reporting is about on par with drudge.
I thought you had to have a badge or something pinned on the front too that said Press. Or was it Pull…I forget.
“releasing the companies from (state) legal liability for allegedly wrongful securitisation practices” would be interesting (state laws are not uniform in any way), but it is the Federal Law that was the talk of the town for the last year.
I know the NY AG uses the state securities laws to great effect and therefore understand why there would be refusal to give up that weapon.
Susan Nelson put a link in the comment section on Thrush’s post, and I may have mentioned this one in the same place.
Something I have been thinking about the last few days. Even if the state AG’s sign on the the settlement, that does not necessarily bing the STATE.
Binding the state would require an act of the legislature signed by the governor or a referendum.
Soooo, if a state, say like New York, had a seperate unit reporting to the governor, who could bring lawsuits on behalf of the state, well then a state like say, New York, could still bring those civil suits.
And if a state like say, New York, had the Martin Webb Act that can be enforced by local county DA’s as well as the AG, and since those DA’s don’t report to the AG, being all indepenantly elected and all, wel then maybe local DA’s could bring criminal cases under the Martin Act –> like Bob Morgenthaul used to do when Eric Dinallo was still at the Mnahattan DA’s office <– or even robo sigining cases using regular NYS fraud and foregery laws.
Hmmmm. Could make Schniederman's sell out to HUD all for nothing.
It's a shame, I really really liked Schniederman when he was a state legislator, but I never thought he had the chops for AG. I was a Coffee supporter and would have taken Dinallo as a second choice for AG during the primary.
Schiederman went from being a national figure for strength of character to being picked on as a sell out, and that was entirely of his own doing.
that is “bind” the state not “bing” the state
Dave, you and other “bloggers” like Yves are the only people doing any real reporting on this issue. This whole crisis has laid bare for all to see just how corrupt and incompetent the vast majority of the MSM has become (with a few exceptions such as Matt Tabbi).
The result has been that I don’t even watch the MSM anymore.
It’s amazing that doormen newsheads (I’m including Rachel Maddow in this one) don’t understand the variety or servicer abuses going on. There really are only a handful of aggressive journalists who get it. By that term, I don’t literally mean they live in doormen skyscrapers, but they might as well, by the distance between them and the heart of some stories they report on.
By the way, Phil Ting speaks.
And Bank Of America wants to reduce its business with Fannie Mae. Curious timing.
No outbound links? Time for a blogger ethics panel.
The day I believe a Politico blogger about anything, over one of the Dayen Bros — well, that day ain’t comin’.
No link to your story?
I wouldn’t ask him to link it “next time” — I would insist that he link it right now.