CFPB's Cordray to Reappear on Jeopardy!


WASHINGTON When he is not getting grilled by lawmakers, speaking at conferences or crafting sweeping rules for the banking industry, ever wonder what Richard Cordray does in his spare time? Tune in to Jeopardy! on Feb. 5 to find out.

It is well-known that the chief of the Consumer Financial Protection Bureau was a champion on the legendary game show before entering public life. But, apparently, his appearance 27 years ago was not a one-time performance.

Cordray recently made his return to Jeopardy! as a contestant on the show's special "Battle of the Decades," competing for "1980s week." His appearance during which he faced off against Tom Nosek from Torrance, Calif., and Leslie Shannon from Espoo, Finland is scheduled to air this Wednesday.

When the CFPB director first appeared during Season 4 on the show, he won $45,303. The result of his most recent appearance is not known, although now as a federal government official he stated beforehand that he would not keep any of the money if he won.

Cordray has also appeared in online promotions the show has done in connection with the retro competitions. Reflecting on his past appearance on the show, he said it was "exciting" and "intimidating." He also may not have expected what happened after he won in the eighties.

"You recognize suddenly as you get there that two out of three contestants lose their game. You just hope you make a good account of yourself," Cordray said. "I was surprised at how many people watched the show and recognized me after I had become a champion. I got a couple of marriage proposals. I was not married at the time but now I am, happily."

With the money he won, Cordray said he bought a used car, paid his father back money he had borrowed for law school and took a trip with a friend to Northern California.

Oh, and he also paid the taxes on his winnings.

"They chase you down to do [that] before you even leave the set."



Legal Bills Pile Up at Banks
Each quarter banks report their worst-case estimates of costs tied to lawsuits and regulatory probes. Some banks reported lower figures in recent quarters, but others are braced to spend more to resolve legacy issues. New legal threats loom, too.

(Image: Fotolia)

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.