Rats and cockroaches scurry when the lights are on.
Note that they are cutting deals ONLY when the states Attorneys Generals are preparing cases against them. All the fraud and abuse has undergone months and months of scrutiny and they have been shameless and recalcitrant.
Now, though, they are cutting deals. These are the people who, if we had not propped them up with TARP money, would have plunged us all into ruin if we let them go under.
CNBC: 3 big banks cutting deal on foreclosures - Real estate- msnbc.com