Score one for New York’s Attorney General Andrew Cuomo

Senator Chuck Schumer loves to hold press conferences on Sundays, whereby he gets decent coverage in near all local newspapers the next day; it has been an effective media strategy. It sure helped him get to the US Senate. The question however is this: after the press leaves are the issues raised eventually resolved? What about the follow-up? Maybe a media outlet would apply some of its resources into researching Schumer’s success rate. And there is a reason why I say this.

I have lived in New York for the past 35 years, and it seems to me that every year or two, some politician, news outlet, university or think-tank, comes up with some study showing how blacks and Hispanics get screwed by mortgage brokers, real estate folks, insurers or banks. No kidding. And I recall Senator Schumer holding quite a few of his Sunday press conferences, to highlight this and other ancillary problems over the years.

Then yesterday it was announced that New York’s Attorney General Andrew Cuomo had secured nine hundred thousand dollars in restitution, for 270 black and Hispanic homeowners, who were ripped off by higher charges, fees (some hidden) and rates, by Green Point Brokers -a subsidiary of Capital One Financial Corp.

Cuomo claims to have used information developed through the Home Mortgage Disclosure Act, in order to bring Green Point to the bargaining table. He says to expect more developments in this area. It is expected that Cuomo will go after other companies who practice this type of racial discrimination on a daily basis. Score one for Andrew Cuomo. This is long overdue.

Stay tuned-in folks.

http://dailygotham.com/blog/rock_hackshaw/score_one_for_new_york_s_attorney_general_andrew_cuomo
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Gothanonymous Reader's picture

Andrew Cuomo is a bully who

Andrew Cuomo is a bully who pushes people around behind closed doors. Recently he's been accused of harassing and attacking a woman Denise who refused to chase him and compete for his personal attention. He's a misogynist who interfered with her business for not going along with his big ego. He secretly destroyed her credit card identity theft a case being investigated by Paul Arroyo of Precinct 28. He blocked her Attorney Alfonso DeCicco from advising her about apt rental and then she lost her home. He pressured her HMO doctor Elizabeth Uchitelle so much about a small reimbursement, it helped the doctor decide to close her office leaving my friend Denise in the cold. Denise has copies of the papers, voice mails and emails to prove it. Cuomo thinks he is above the law and ruins others lives for personal satisfaction. I urge this woman to come forward and tell the press about the New York State Attorney General and how corrupt he is behind the public's back.

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Franrose O.'s picture

Sometimes people might think

Sometimes people might think that life is not fair. Some people are fortunate enough to not have to ever worry about getting payday loans in the wake of a sudden expense. While it is just a fact of life that some are rich and well to do and some people are middle class and have to worry about such things, there is another fact that is disconcerting, and getting more and more obvious every day. It seems that the executive class that helped to create the recession so many of us are suffering from right now are trying to be rewarded for their indiscretion. In a recent article, the Wall Street Journal reports that Merrill Lynch CEO John Thain is looking for a $10 million bonus payment. This is after the company he was hired to run had almost completely run out of cash, and was facing bankruptcy. The situation was so desperate that he had to ultimately sell the company to Bank of America to keep it above water. New York State Attorney General Andrew Cuomo has called it "nothing less than shocking," and that is a fair assessment, to say the least. Not many of us get rewarded for failure. In fact, a lot of people get fired for it. Perhaps those at the highest positions of power should receive the same treatment as those of us down the ladder. However, if you find yourself in a sudden cash emergency – don't sell yourself to Bank of America – you can look into other options such as payday loans. Click to read more on Payday Loans.

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