I notice that many here are referring to Kamala Harris as a brainless twit or similar
well, this is a pretty hefty goal on the scoreboard
“As California Attorney General, Kamala Harris played a key role in negotiating a larger settlement for California homeowners affected by the foreclosure crisis[1][3].
Initially, the banks offered around $2-4 billion in relief for California[1][2]. Harris rejected this offer and temporarily pulled California out of the national settlement negotiations in September 2011, pushing for a better deal[3].
After tough negotiations, including a tense phone call with JPMorgan Chase CEO Jamie Dimon[1][2], Harris secured a commitment of up to $18 billion in relief for California homeowners[5]. This was part of a broader $25 billion national mortgage settlement with five major banks[3].
The final agreement included $12 billion in principal reductions on home loans in California, with homeowners ultimately receiving $18.4 billion in debt relief and $2 billion in other financial assistance[3][5].
Harris's negotiation tactics resulted in a significantly larger settlement for California than initially offered, increasing from around $4 billion to $18-20 billion[1][2][3].
[1] The Battle That Changed Kamala Harris - The Atlantic https://www.theatlantic.com/politics/archive/2020/08/kamala-harris-biden-mortgage-settlement/615394/
[2] Kamala Harris went toe-to-toe with Jamie Dimon over a settlement ... https://fortune.com/2024/07/22/kama...fornia-homeowners-big-banks-financial-crisis/
[3] $25-billion foreclosure settlement was a victory for Kamala Harris in ... https://www.latimes.com/politics/la-pol-ca-senate-harris-banks-20161016-snap-story.html
[4] How Harris is preparing to contrast her record as a prosecutor ... - CNN https://www.cnn.com/2024/07/22/politics/harris-strategy-against-trump/index.html
[5] Attorney General Kamala D. Harris Secures $18 Billion California ... https://oag.ca.gov/news/press-relea...rris-secures-18-billion-california-commitment
