in the taxpayer s gut while collecting bonuses. outside auditor reports revealed they were literally stuffed into a closet and left unread and unopened. the amount of fraud could reach as high as $5 billion. widely believed this first lawsuit leave he is the other big banks vulnerable to action. one caveat, the suit is not is civil, not criminal and only targets a very small portion of the mortgage industry. attorney general eric holder feeling a heat for settlement with the same banks with the overall mortgage servicing practices. if the settlement discussions fail, are you prepared to pursue discussions? if will is a basis for prosecutions, we will bring them. i wouldn t hold your breath but this appears step in the right direction, then again, the obama administration on the bankses have been known for saying all sorts of right things
settlement discussions. larry: has he made appearances? self-help groups or anything? he did one program. i think it was one shortly thereafter. what he soon realized is he really needed to focus all his efforts on getting to the bottom of this and dealing with this and trying to help bring this to closure. larry: would you say you re optimistic? i am optimistic. it s a sad situation so i m not happy. as a lawyer i m optimistic but sad as to what happened to those three people and my client. larry: brad brian, attorney for james arthur ray. a 30 rock star needs a kidney transplant with no hope on the horizon. what does he do in the meantime?
it doesn t look good? in other words, yes, we presume innocence. that s constitutional in america, but would you agree it doesn t look good? three people died. that s a tragedy. there s no escaping that. james ray i ve gotten to know him a lot. i can say this. he thinks about those three people every minute of every day since october 8th. he does. he s devastated, and i really mean that. larry: has he paid any civil monies to the deceased victims? we ve had meetings with their lawyers. we ve begun those discussions. you know, he wrote some checks to try to help the families out, but they ve not had extensive settlement discussions yet. larry: has he made appearances since, public speaking and the the like, self-help groups or anything? he did one program i think it was one shortsly thereafter, and what he soon realized is he needed to focus all his efforts