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Christie’s tenure as New Jersey governor has been particularly emblematic of the extent of Wall Street’s reach into the public sphere. Among other things, he installed a private equity investor as the state’s pension overseer and publicly lied about the manner in which pension fund investment decisions are made. Ironically enough, he’s defended these practices in his own state while criticizing Democrats for utilizing them through his position as chair of the Republican Governor’s Association.

So Hillary Clinton is the shop for muscular internationalists. Bernie Sanders keeps beating up on her friendship with Henry Kissinger, and that’s a good thing. But why doesn’t he talk about her affection for Benjamin Netanyahu and Dennis Ross? Netanyahu has terrible favorability ratings, especially among black Democrats, many of whom boycotted his speech to Congress a year ago. But Hillary Clinton wants to have him into the White House in her first month in office. Remember that some neocons also left the Reagan Bush team when Bush got tough on Israel, and crossed the aisle to Bill Clinton. The Israel lobby transcends party.

"Rather than fix the problem that SIGTARP warned Treasury about in its audit, Treasury allowed the problem to get worse. Rather than following SIGTARP’s recommendations, which were designed to make Treasury and states set goals and work hard to achieve those goals, Treasury is refusing to hold itself or the states accountable to any goal of the number of homeowners to be assisted in HHF, and the result has been that the program is reaching far fewer homeowners than the states expected," the agency said.As of June 30, 2013, the latest data available, it said, states had spent only 22 percent, or $1.7 billion, of the TARP funds and the program had helped only 27 percent of the homeowners that states had anticipated helping in 2011.

There are similar concerns about Sen. Ted Cruz of Texas, who is gaining steam and is loathed by party elites, but they are more muted, at least for now.

Still, the party establishment’s greatest weapon — big money — is partly on the shelf. Kenneth G. Langone, a founder of Home Depot and a billionaire supporter of New Jersey Gov. Chris Christie, said he is troubled that many associates in the New York financial community have so far refused to invest in a campaign due to the race’s volatility.

“Some of them are in, but too many are still saying, ‘I’ll wait to see how this all breaks,’ ” Langone said. “People don’t want to write checks unless they think the candidate has a chance of winning.” He said that his job as a ­mega-donor “is to figure out how we get people on the edge of their chairs so they start to give money.” Many of Romney’s 2012 National Finance Committee members have sat out the race so far,

The apprehension among some party elites goes beyond electability, according to one Republican strategist who spoke on the condition of anonymity to talk candidly about the worries. “We’re potentially careening down this road of nominating somebody who frankly isn’t fit to be president in terms of the basic ability and temperament to do the job,” this strategist said. “It’s not just that it could be somebody Hillary could destroy electorally, but what if Hillary hits a banana peel and this person becomes president?” Angst about Trump intensified this week after he made two comments that could prove damaging in a general election. First, he explained his opposition to raising the minimum wage by saying “wages are too high.” Second, he said he would create a federal “deportation force” to remove the more than 11 million immigrants living in the United States illegally. “To have a leading candidate propose a new federal police force that is going to flush out illegal immigrants across the nation? That’s very disturbing and concerning to me about where that leads Republicans,” said Dick Wadhams, a former GOP chairman in Colorado, a swing state where Republicans are trying to pick up a Senate seat next year.

Said Austin Barbour, a veteran operative and fundraiser now advising former Florida governor Jeb Bush: “If we don’t have the right [nominee], we could lose the Senate, and we could face losses in the House. Those are very, very real concerns. If we’re not careful and we nominate Trump, we’re looking at a race like Barry Goldwater in 1964 or George McGovern in 1972, getting beat up across the board because of our nominee.” George Voinovich, a retired career politician who rose from county auditor to mayor of Cleveland to governor of Ohio to U.S. senator, said this cycle has been vexing. “This business has turned into show business,” said Voinovich, who is backing Ohio Gov. John Kasich. “We can’t afford to have somebody sitting in the White House who doesn’t have governing experience and the gravitas to move this country ahead.”

The settlement includes an agreed-upon statement of facts that describes how Goldman Sachs made multiple representations to RMBS investors about the quality of the mortgage loans it securitized and sold to investors, its process for screening out questionable loans, and its process for qualifying loan originators. 

In many cases, 80 percent or more of the loans in the loan pools Goldman purchased and securitized were not sampled for credit and compliance due diligence. 

Attorney General Schneiderman was elected in 2010 and took office in 2011, when the five largest mortgage servicing banks, 49 state attorneys general, and the federal government were on the verge of agreeing to a settlement that would have released the banks – including Bank of America – from liability for virtually all misconduct related to the financial crisis.