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There's still a lot of details to come on the precipitous fall of Eliot Spitzer. But his past -- particularly his past with Wall Street -- is a lot clearer. Spitzer was always deft at using the media to apply pressure to his targets: Whether it was the Wall Street firms with the analyst settlements, Dick Grasso in the New York Stock Exchange pay flap or investigations into the likes of Hank Greenberg at AIG. Now the media will have a field day with him. After the jump, watch the video of Spitzer's press conference.
Here's a smapling of our coverage on famous Spitzerian crusades such as the analyst scandals, the Grasso affair, AIG and more. There has to be a surplus of schadenfreude on Wall Street today. - Robert Teitelman See story from The New York Times
CategoriesComments
From: Ari,
typical liberal loser apologists....hey morons. who do you think runs these prostitution rings, the girl scouts? no idiot, it's called ORGANIZED CRIME, THE MAFIA. i don't care if he picked up some woman in a bar and slept with her, but this is CRIMINAL BEHAVIOR and he is an elected official who took an oath to UPHOLD THE LAWS OF THE STATE AND THE COUNTRY.
Posted on:
March 11, 2008 7:43 AM
From: Axel,
It could not have happened to a nicer guy. Eliot Spitzer is a world-class a##-hole. A regular Joe Bonecrusher without the charm or wit. Here is a spoiled-rotten rich kid who made a sport of ruining the lives of low-level (suing VPs over alleged "Late Trading" practices) so that he could portray himself to the press as a "reformer", a "crusader for justice", as the DA who stands up for the "little guy". I got news for you; Eliot Spitzer wouldn't piss on "average Joe" if he were on fire. Unless there were televsision cameras there to help him with his "image". Will anyone ask him which of his daughters he wants to go into prostitution?
Posted on:
March 11, 2008 8:56 AM
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Spitzer is not the only man cheating on his life. And so, I find it entirely disengenous to suggest that Spizter is now somehow worthless as a public advocate.
Even the great W.S.J. daily, posts the true stories of businessmen, from the goldmans, and the LBO firms et cetera, men who scam, cheat and steal from people. For a fact, White collar crime is at least 5 times the size of regular crime, yet no one ever wants to talk about that. No one ever wants to talk about rapacious no-bid government contracts, or scamming money from medicare. Give me a break, regardless of his personal ascent into office, at least Spitzer spoke for the common man, and not for the overly dominant corporate crowd. So give it a rest already with the whole "Schadenfreude" garbage, how many men reading the article and gloating are in fact guilty of the same sin? A lot of you remind me of that asshole republican that was cheating on his wife during the same time he was decrying former president Clinton for his escapade! A lot of you are extremely hypocritical, which in my book is the worst thing ever to be.