Schneiderman will likely take different tack than predecessors

12/3/2010 | NYTimes.com

The incoming attorney general of New York, Eric Schneiderman, is likely to take a less aggressive approach to regulating Wall Street than his predecessors because of expanded federal regulatory activity and his own background as a legal defender of Wall Street interests, observers say. "I'm very interested in the more grass-roots consequences of the economic meltdown, issues related to mortgage foreclosures, debt collection and the practices of credit card companies and others who hold a lot of consumer debt," Schneiderman says in this interview.

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