A few win, many lose in foreclosure deal
Watching the country's biggest banks, 49 states, and the federal government stumble toward a $25 billion mortgage foreclosure settlement brought back memories: Just like the 1998 Big Tobacco deal, this is a complex agreement with many moving parts. And just like the tobacco settlement, it's far more than a legal matter; it's a grand spectacle built around money, politics, and lots of heated rhetoric.