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and general schneiderman s office won t continue to try to do it. i m attacking this problem at this level because it seems like it s a very fundamental violation of a very easy law to understand and that is a deceptive trade practice. deceiving consumers, and in this case homeowners about whether or not and who owns their note and the mortgage is the most basic consumer protection right they have. and that s what i am. i m a prosecutor and a consumer protector. that s what i get paid to do. and that s why i m on this. beau biden, attorney general of the state of delaware, thank you for taking the time to talk with us about this tonight. i ve been looking forward to talking to you about this for a long time, sir. thanks. thanks for your coverage on this, rachel. it s been phenomenal. thank you. i will say with so much popular concern about accountability on wall street, the sense that wall street got away with what they did and left the whole rest of the country holding the bag,
you know the banks have been up to something that s not good. we are united in our robo signing, our servicing investigation. but this is something our office has been working on. i think you ll see general schneiderman in new york work on some aspect of this. you ll see martha coakley work on similar aspects of this. this system mers, this privatized recordation system, connects it all together. and that is where they have basically begun from our perspective and our investigation reveals lost track of who owns what. and that s how scary and deceptive this has become. mr. attorney general, your father is vice president biden. so asking you about state politics versus federal politics is a personal question as well as a political question, and i recognize that. but why is it that we are seeing a fraud issue as fundamental as this, potential fraud issue, handled at the state level by your office and by other attorneys general at the state level and not as a federal
investigation that he should be given credit for. anytime you have all 50 attorney generals agreeing on something, you know the banks have been up to something that s not good. we are united in our robo signing, our servicing investigation. but this is something our office has been working on. i think you ll see general schneiderman in new york work on some aspect of this. you ll see martha coakley work on similar aspects of this. this system mers, this privatized recordation system, connects it all together. and that is where they have basically begun from our perspective and our investigation reveals lost track of who owns what. and that s how scary and deceptive this has become. mr. attorney general, your father is vice president biden. so asking you about state politics versus federal politics is a personal question as well as a political question, and i recognize that. but why is it that we are seeing a fraud issue as fundamental as this, potential fraud issue,