Here’s a good wrap-up of the back-and-forth on Capitol Hill involving implementing the Dodd-Frank financial regulatory reform bill. But it’s not until the 22nd paragraph (of 24) that we get this teaser: “On another front, John Walsh, acting head of the Office of the Comptroller of the Currency, said regulators are closer to meting out punishments of mortgage servicers after an investigation found deficiencies with home foreclosures.”
That, uh, seems kind of important.
“‘We are getting to the point where we will be delivering documents to the banks and talking about civil … penalties,’ Mr. Walsh told the banking committee.”
In journalilsm lingo, that’s called “burying the lede.” And I wonder what’s in the ellipse?