New York's attorney general is suing a leading nationwide real estate appraisal management firm—Andrew Cuomo claims that lenders and appraisers colluded to inflate the value of homes, benefiting everybody involved aside from the buyer . . . oh, and the market. The last NY Attorney General, Spitzer, attacked cases of national interest during the Enron era, which helped catapult him to his current role as that state's guv. Hey, Jerry—any plans to join in? The screws have been put to California too! What, you don't want another crack at the governor's mansion?
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