Attorneys General Settlement: The Next Big Bank Bailout?

Really good piece, if only for its overview of all the various claims the banks are facing: ``... any federal foreclosure settlement along the lines of what's been proposed will amount to a last round of post-2008-crisis bailouts. I talked to one foreclosure activist over the weekend who put it this way: "[The AG settlement] will be a bigger bailout than TARP." How? The math actually makes a hell of a lot of sense, when you look at it closely.''