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California's AG Xavier Becerra might have some legitimate reason for staying out of this investigation, but, if so, he hasn't tweeted about it. It's interesting though, because he has in the past come out against Big Pharma, Wall Street banks, and fraudulent charities. I'm sure he'll join this lawsuit too. It just wouldn't make sense for him to stay out of it.
Yeah, they are looking to screw with his biggest employers. Cali under state law could be far more invasive than the Fed probe too.
Iowa's AG was already bought by the banks: http://swampland.time.com/2011/05/09/foreclosure-probe-chief...
What do you expect, they are playing the political money game that is U.S. politics.