This article is riddled with blatant inaccuracies, starting with the fact that Schneiderman is not "US attorney general" (he is actually New York State's attorney general). Here's the official statement from the NY Attorney General's office about this lawsuit and its goals: http://www.ag.ny.gov/media_center/2012/feb/feb03a_12.html
Here's a good analysis of the lawsuit and its potential implications: http://www.nakedcapitalism.com/2012/02/schneiderman-files-ci...