From the Dayton Daily News:

Less than two weeks after Democrat Richard Cordray was sworn in as Ohio treasurer, the stepdaughter of the Columbus-based salesman for Wachovia Securities donated $10,000 — the maximum allowed by law — to Cordray’s campaign.

Wachovia soon grabbed 37.5 percent of the state’s bond trading business, a big leap for the St. Louis-based company, which had done a little less than 1 percent of the bond trading for the treasurer’s office in the prior six years under Republicans Joe Deters and Jeanette Bradley.

Cordray, who is now running for attorney general, says there’s no connection between campaign contributions and state contracts. He notes that shortly after taking office, his staff reviewed all the bond traders. Using objective criteria, a new approved trader list was developed.

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