In the years since, Cuomo enjoyed budget surpluses that came partially due to massive settlements with major financial institutions that then went to economic development and infrastructure projects. (nystateofpolitics.com)
«Imagine if I could get ten or 15 cities to all sue and put the same pressure on the oil companies that we did with tobacco companies and create some kind of massive settlement,» he said. (eidclimate.org)
But he has enjoyed tremendous success over the last several years wringing big banks for massive settlements over their role in the 2008 financial crisis, thanks in part to President Barack Obama, who appointed him chair of a national task force probing the mortgage industry. (observer.com)