Tom Magnarelli / WRVO News

Gov. Andrew Cuomo was in Onondaga County on yesterday to sign into law a bill that holds banks accountable for vacant or abandoned properties seized through foreclosures. These “zombie properties” as they are known, can bring down the value of other houses in the same neighborhood.

Standing in front of one of these “zombie properties” in the village of Solvay, with weeds creeping up on an unkempt lawn, Cuomo said it was just another example of banks avoiding their responsibilities.

Perhaps no one is better suited to evaluate President Obama’s new investigative and prosecutorial unit on abuses in the mortgage industry than former governor and attorney general Eliot Spitzer.  As a prosecutor and attorney general, he was known for his aggressive pursuit of financial abuse; he warned us about the ultimate financial collapse; and he has written about these topics extensively since the crisis in 2008.