alexis goldstein, dan dicker, and eric schneiderman.t to talk about a framework of accountability. this is a private lawsuit that's going to proceed independent and parallel anything you as the attorney general of new york are doing. it's a certified class action lawsuit. but the kinds of abuses that are identified here are precisely the kinds of things you have sued bank of america over for violation of a previous settlement with you and other state attorneys general over the same kind of practices. my question is, if we keep finding the same kind of practices, what is going to make them stop? >> and does it make you regret signing on to the settlement in the first place if we keep seeing malfeasance at this level? >> it's easier, i mean, look, we have a much easier burden of proof because they've agreed to the timelines and deadlines in the settlement. we knew they were stringing people along, claiming they lost documents. we don't have to prove fraud which the folks in the massachusetts case will have prove. so we have more tools in

dan dicker. and new york state attorney general eric schneiderman.chel maddow show" begins right now. >>> good evening, chris. thank you, my friend. thank you at home for joining us today. president obama is at the g-8 summit today meeting with german chancellor angela merkel and david cameron and russian president vladimir putin. obviously there's this very sensitive issue right now about the war in syria, with us and basically all of europe taking one side in that war and russia taking the other side in that war. so that's the big overwhelming tense issue that is is happening at that summit. but there's a lot under way. all of the leaders at the g-8 today took their group photo. this is the group photo. ended up being a very dramatic photo this year under the stormy sky. but whatever weather is rolling in over those lovely northern irish foothills behind these leaders, that's not the only thing the g-8 summit has to worry about now that barack obama is there with them all in northern ireland. because now that barack obama is there with them now in

. >> yes, i talked with dan dicker, the energy expert on the street on the board where it was foundedn thinks that yield is good. i did a video where him and i think that that's an interesting place to be. the margins are contracting. i don't know, but he feels that that yield is good to go. the payout's for real. that's why i say you can own that stock. let's go to carlton in california. carlton. >> caller: boo-yah, jim, this is carlton from the golden state. i love your show, absolutely love it. >> i need that man, long week, what's up? >> caller: a really quick question, do you like trans-canada as a long-term investment and do you think obama will pass the keystone pipeline and if you can give a boo-yah to my son jake. >> boo-yah, jake, i think trans-canada come down where it gets a 4% yield. that's what i have been waiting for, i would pull the trigger, buy, buy, buy, it has the most growth of every company. michael in pennsylvania. >> caller: a sad pittsburgh penguin boo-yah to ya. >> that is bad. i thought that was a shoe-in. >> caller: i want your holdings on ruth chris, i own

and dan dicker, principal partner with a wealth management firm and senior contributor at thestreet.comou hear. i want to start with you, lynnette. we've always said that student loan debt is good debt. is it now bad debt? >> you know, historically, obviously, people have said that, for the reasons you cited. they say, it's going to help you to earn a bigger wage, you're going to make an investment in yourself. and i've always told people that, just like any other form of debt, mortgage debt, credit card debt, et cetera, student loan debt can absolutely be bad debt if you put it into one of two categories. one, it's unaffordable for you to pay back. or, two, you have absolutely no plan for how you're going to get rid of it. you talked about having student loans and i had $40,000 in student loan debt when i graduated and got my master's degree from usc. the fact is, this is a huge problem for a lot of people and we can't automatically say, student loans are good, a good form of debt. because it's simply not the case. >> but when i look at the speed with which they have increased. so quad