Illinois Attorney General Lisa Madigan is welcoming a $335 million settlement with Bank of America to resolve allegations of discriminatory loans.Madigan's office filed suit against Bank of America subsidiary Countrywide Financial Corp. in 2010. The settlement, announced Wednesday by the U.S.
Illinois politicians rushed to release prepared statements following former Governor Rod Blagojevich's sentencing to 14 years in prison on corruption charges.Lieutenant Governor Shelia Simon:"We cannot rely on a prison sentence to deter corruptio
I'm going to start a new segment today called "Occupy-related media found on Facebook." There's really no way to tell if this stuff is real or taken out of context, so I preface my new segment with a disclaimer: This was found on Facebook.
Attorney General Lisa Madigan is in the news today for the reason she's always in the news: suing somebody.Her office is suing four local companies for, according to the Sun-Times, allegedly conducting "fraudulent mortgage rescue or loan modification schemes that illegally charged consumers for litt
Illinois Attorney General Lisa Madigan is calling on the Consumer Product Safety Commission to issue a national recall of all fuel gel products.Calling the gels "napalm-like", Madigan says the products are too dangerous for consumers and should be taken off the market completely.Fuel gel is a pourab
The role of fraud in the housing crisis is getting attention this week at a Chicago gathering of attorneys general from states across the country.Since last year, the AGs have been looking into procedures of the nation’s largest mortgage servicers, led by Bank of America, Wells Fargo and JPMorgan Ch
The prosecution has begun an aggressive cross-examination of Former Illinois Gov. Rod Blagojevich at the ousted Illinois governor's corruption retrial.Prosecutor Reid Schar asked Blagojevich if he was a convicted liar.