Portman Wins in OH Sen; NC, WV Too Early to Call

By: Tuesday November 2, 2010 4:53 pm

Rob Portman has won the Senate race in Ohio over Lee Fisher. Portman, the former OMB Director under George W. Bush, was widely expected to win. Fisher handed his entire war chest at the end of the race to the Ohio Dem Party for GOTV efforts and went dark on television.

The OH-Gov race between Ted Strickland and John Kasich, on the other hand, is too close to call. That extra money could come in handy. Sherrod Brown is very encouraged and “confident” that Strickland will pull it out there, which would be enormous. I’m looking into information on the Attorney General’s race there; it’s a key race for the future of the foreclosure fraud investigation, with hard-charging incumbent Democrat Richard Cordray against former Republican Senator Mike DeWine.


With Election Near, State Attorneys General Fighting Foreclosure Fraud Gaining in Polls

By: Monday November 1, 2010 6:59 am

Yves Smith wrote the best explanation of the mortgage mess in 1000 words or less, and to her great credit got it published in the New York Times. It absolutely cannot be improved upon – it sums up the last several years of breaking the mortgage market, leading up to the current crisis, beautifully. (I’d add that Smith shares my view that a fundamental solution to this problem involves principal reductions.)

Ohio AG Cordray: “What We’re Seeing is a Systematic Fraud on the Courts of Ohio”

By: Friday October 8, 2010 12:50 pm

Attorney General Cordray is going to need some time to prosecute this case. But he has an election coming up in a little over 3 weeks, against former Senator Mike DeWine. The latest poll shows him slightly behind, 44-38. It is imperative that Cordray and his team be given the time to reach discovery in this case and untangle the crooked web everyone suspects is at the heart of the mortgage lending industry.

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