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New York Times
Oct. 11, 2010
Ohio Attorney General Fights Against Wall Street
"... 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 ..."
It's Rich's dedication to protecting Main Street from Wall Street that makes him a real populist hero. We're proud to have endorsed Rich Cordray and look forward to continuing to support him after he is reelected.
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