Lightly skimming an ocean of pond scum

Ah, mortgage brokers. I know there are some good ones out there, but as a group they closely resemble a carpet of pond scum.

Our valiant Attorney General, Lisa Madigan, pats herself on the back once again as she “continues to lead the fight against mortgage and home repair fraud.”

Read the laughably-titled story at the otherwise useful Mortgage Fraud Blog and ask yourself: where are the indictments? I don’t mean indictments of the penny-ante thieves being sued by Madigan, I mean the Illinois politicians who’ve allowed the mortgage brokerage industry to be a cesspool for as long as I’ve been around it.

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