That’s what a New York Times writer is calling Ohio’s attorney general Richard Cordray who is going after mortgage companies following the foreclosure epidemic:
Mr. Cordray in two years in office has demonstrated a willingness to sue early and often, filing lawsuits against global financial houses, rating agencies, subprime lenders and foreclosure scammers. He has wrested about $2 billion so far, a string of gilded pelts: a $475 million Merrill Lynch settlement, $400 million from Marsh & McLennan and $725 million from the American International Group.
Last week, he filed suit against GMAC Mortgage, accusing the loan servicer of filing fraudulent affidavits in hundreds of Ohio foreclosures.
His office has returned money to investors, pension funds, schools and cities. And he has directed millions to agencies fighting foreclosure.
Former U.S. Senator Mike DeWine is running against Cordray in November, claiming the AG is anti-business and saying that federal regulations should take care of the problem. Right.
Cordray is an MSU grad, by the way.
Go Green (and white)!