Eliot Spitzer, former Attorney General of New York State, and now their Governor, made a name for himself in the dot-com world, taking every company whose approach to business he disagreed with, whether they actually broke the law in New York State or not, to court.
More often than not, the protracted legal obligations of fighting this relentless profitarian led companies to settle out of court. Unfortunately, most of the booty that changed hands never found its way to the actual victims: over 100 million dollars in fines for Merrill Lynch, and all of it went into the New York State treasury.
As Governor, Spitzer vowed to make ethics his number one priority. Let's hope that extends to his office as well.
Read what other somewhat more even handed bloggers and reporters have to say about Eliot Spitzer:
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By: John Van Epp
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AVOID THE JERKS AND FIND “THE ONE” WHO'S RIGHT FOR YOU
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By: Brooke A. Masters
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The rise to power of Eliot Spitzer, the scourge of Wall Street and one of America’s most controversial politicians, by the reporter who knows his crusade best
Few politicians have burst onto the American scene with as much impact as Eliot Spitzer. He has exposed wrongdoing by stock analysts, mutual fund managers, and insurance brokers, and he has investigated corporations that have misled or defrauded investors and consumers. When federal regulators have fallen down on their responsibilities, Spitzer has stepped in to protect ordinary, middle-class Americans. His actions as the New York State attorney general have made companies change the way they do business, which in turn affects every American with a retirement plan, an insurance policy, or a prescription to fill.
No reporter has had better or more complete behind-the-scenes access to Spitzer’s operation—and to the strategies that have underpinned his crusade against these powerful forces in the American economy—than Brooke A. Masters of The Washington Post. In Spoiling for a Fight, she presents a portrait that is at once dramatic and revealing, raising the question of whether Spitzer’s way of conducting government business is good or bad for America.
Combining passion and zeal with a savvy understanding of the press, Spitzer has brought down some of the biggest names in American finance and now has his sights set on higher office. This revelatory book shows Americans how Spitzer has transformed their lives and what his crusade could mean for the future.
By: Scott MacDonald
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Book Description
What do Michael Milken and Martha Stewart have in common? (Answer: Both became public scapegoats for an outrageous era of greed and excess.) Jack Welch and Jim Fisk? (Answer: Both were captains of industry, eventually undone by extracurricular philandering.) Which was the most outrageous party thrown by a financial baron of the twentieth century? (Answer: Tough call, but either Michael Milken's Predators Ball in 1985, or Dennis Kozlowski's Sardinian birthday bash in 2001, with its vodka-spouting sculpture.) Which U.S. war hero president became party to, and victim of, an unabashed con man known as the Napoleon of Wall Street? (Answer: Ulysses S. Grant, but it's a long story.)
These questions and more are discussed in Scott MacDonald and Jane Hughes' Separating Fools from Their Money. The authors trace the history of financial scandals from the early days of the young republic through the Enron/WorldCom debacle of modern times. A host of colorful characters inhabit the pages of this history, revealing human nature in all of its dubious shades of gray. At the same time, the book exposes themes common to all financial scandals, which remain astonishingly unchanged over more than two centuries--greed, hubris, media connections, self-interested politicians, and booms-gone-bust, to name a few. It explores the role of reformers who emerge in the wake of a scandal, concluding with a fascinating comparison of crusading New York Attorney General Eliot Spitzer with his equally crusading and equally ambitious namesake, crime buster Eliot Ness.
Written in an informative and entertaining style, Separating Fools From Their Money should engage the interest of the casual business reader, investors, as well as academic economists interested in supplemental readings for their students.
By: Federal Bureau of Investigation
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Eliot Spitzer and the Prostitution Ring - The FBI Files is a publication featuring the indictment document against an international prostitution ring known as The Emperors Club. During the Federal Bureau of Investigation's investigation of this organization, it was found that New York Governor Eliot Spitzer was a client of this operation. Named in this document as client #9, Governor Spitzer is documented as purchasing the services of a prostitute to be flown from New York to Washington, D. C. where he is visiting on business on behalf of the State of New York. This liot Spitzer and the Prostitution Ring - The FBI Files is recommended for those who are interested in learning more about Governor Eliot Spitzer's relationship with this call girl service and also for those who are interested in reading the documents outlining his activities and the illegal activities of this escort service.
Special report: lobbying: a growth industry.: An article from: Westchester Co...
By: Bob Rozycki
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This digital document is an article from Westchester County Business Journal, published by Thomson Gale on February 14, 2005. The length of the article is 2056 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: Special report: lobbying: a growth industry.
Author: Bob Rozycki
Publication: Westchester County Business Journal (Magazine/Journal)
Date: February 14, 2005
Publisher: Thomson Gale
Volume: 44 Issue: 7 Page: 16(2)
Distributed by Thomson Gale
Small brokers scared of getting whacked: mom-and-pop shops fear large carrier...
By: Steve Yahn
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Product Description
This digital document is an article from Risk & Insurance, published by Thomson Gale on January 1, 2005. The length of the article is 786 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: Small brokers scared of getting whacked: mom-and-pop shops fear large carriers will use the Spitzer investigation to scrimp on commissions and raise service charges.(Agent/Broker)
Author: Steve Yahn
Publication: Risk & Insurance (Magazine/Journal)
Date: January 1, 2005
Publisher: Thomson Gale
Volume: 16 Issue: 1 Page: 19(2)
Distributed by Thomson Gale
Personal lines get no pass in Spitzer probe: agents defend profit-sharing dea...
By: Steve Tuckey
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Product Description
This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on January 24, 2005. The length of the article is 1087 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: Personal lines get no pass in Spitzer probe: agents defend profit-sharing deals; Serio calls for more legislative support.('Brokergate')(Eliot L. Spitzer)
Author: Steve Tuckey
Publication: National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: January 24, 2005
Publisher: The National Underwriter Company
Volume: 109 Issue: 3 Page: 6(2)
Distributed by Thomson Gale
N.Y. suit against GlaxoSmithKline seen spurring more litigation involving cli...
By: Ken Reid
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This digital document is an article from Bioresearch Monitoring Alert, published by Thomson Gale on June 1, 2004. The length of the article is 1118 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: N.Y. suit against GlaxoSmithKline seen spurring more litigation involving clinical trials.(Sponsors/monitors)
Author: Ken Reid
Publication: Bioresearch Monitoring Alert (Newsletter)
Date: June 1, 2004
Publisher: Thomson Gale
Volume: 4 Issue: 6 Page: 1
Distributed by Thomson Gale
Will agent fees endure?(A View From The Press Box): An article from: National...
By: Sam Friedman
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Product Description
This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on November 8, 2004. The length of the article is 613 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: Will agent fees endure?(A View From The Press Box)
Author: Sam Friedman
Publication: National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: November 8, 2004
Publisher: The National Underwriter Company
Volume: 108 Issue: 42 Page: 5(1)
Distributed by Thomson Gale
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