UPDATE 2-Calif. official chastises SIFMA for eminent domain "threats"

July 27 (Reuters) - California Lieutenant Governor Gavin
Newsom on Friday warned influential investor group Securities
Industry and Financial Markets Association to "cease making
threats to the local officials of San Bernardino County" over a
plan to use eminent domain to seize underwater mortgages from
private investors.

Source: http://feeds.reuters.com/~r/reuters/financialsNews/~3/StcubSCsBms/mortgages-eminentdomain-idUSL2E8IRCG920120727

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