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New York AG investigating Bain Capital, other firms for tax evasion

New York Attorney General Eric Schneiderman has launched an investigation into whether some large private equity firms—among them Bain Capital, the firm founded by Republican presidential candidate Mitt Romney—took advantage of a tax loophole to avoid paying hundreds of millions of dollars in taxes. According to the New York Times,…

Co-chair of new task force promises to dig into ‘every aspect’ of housing crisis

Three years after he first promised to investigate the housing crisis, President Obama has finally announced the creation of a task force to examine mortgage and securitization fraud. One of the co-chairs of the new commission, New York Attorney General Eric Schneiderman, joined MSNBC’s Chris Hayes on Sunday to discuss…