The Real Deal New York

Eric Schneiderman: the new (ex-deputy) sheriff in town

After seven months, NY's new AG is winning over some skeptics, but angering others

September 13, 2011 05:53PM
By David Jones

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Attorney General Eric Schneiderman
From the September issue: When New York State Attorney General Eric Schneiderman took office earlier this year, some critics feared he would do more ideological grandstanding than consumer protection and reform.

After eight months on the job, the former Democratic state senator (and ex-deputy sheriff) appears to be winning over some skeptics while enraging others.

The relatively low-profile Schneiderman exploded into the national spotlight last month when he filed a last-minute motion to block a proposed $8.5 billion settlement between Bank of America and investors in 530 New York trusts represented by Bank of New York Mellon.

The blockbuster move alleged that Bank of New York effectively tried to carve out a sweetheart deal for itself at the expense of the investors it was supposed to be representing. [more]

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