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Richard Cordray, Ohio’s Democrat Attorney General, has a message for Wall Street: I’m coming.
Since taking office this January, the former Ohio Treasurer, State Representative, and Jeopardy! champion has been among the most aggressive attorneys general in the country on the bad boys of the financial crisis.
He’s gone after the rating agencies for their role in allegedly losing more than $457 million in Ohio retirement money. He’s won the lead plaintiff spot in the securities fraud case against Bank of America related to the Merrill bonus and losses debacle. And he’s already won big settlements from AIG ($115 million); Merrill Lynch ($475 million); and Marsh & McLennan ($400 million).
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