this case but it needs to be investigated. general, let me, if i might, you referred to the multistate investigation that is being led by tom miller. bank of america in response to your filing of your lawsuit put out a statement and let me read it. i think they and you can appreciate and our audience the irony of my reading of bank of america response to a lawsuit filed by attorneys general but anyway on their behalf let me be clear. the irony is it s harsh. let me read what bank of america said about your lawsuit. it says we are disappointed that the suit was filed in general goddard s last days in office particularly because we and other major servicers are currently engaged in discussions led by attorney general mill neriway to try to address foreclosure issues more comprehensively. in addition, we believe that is the approach that will best serve arizonaans who need assistance. that is where things stand. now to continue to explore this issue, we have william black who is a
out a statement and let me read it. i think they and you can appreciate and our audience the irony of my reading of bank of america response to a lawsuit filed by attorneys general but anyway on their behalf let me be clear. the irony is it s harsh. let me read what bank of america said about your lawsuit. it says we are disappointed that the suit was filed in general goddard s last days in office particularly because we and other major servicers are currently engaged in discussions led by attorney general mill neriway to try to address foreclosure issues more comprehensively. in addition, we believe that is the approach that will best serve arizonaans who need assistance. that is where things stand. now to continue to explore this issue, we have william black who is a professor of economics and law at the university of missouri in kansas city and as litigation director of the federal home loan bank board in the 80s professor black was instrumental in investigating the snl crisi