Some of Spitzer's Key AG Investigations
Some of the highest-profile settlements arising from corporate investigations initiated by Gov. Eliot Spitzer when he was Attorney General:
_ December 2006: Entercom Communications Corp., one of the nation's largest broadcasters, agreed to a multimillion-dollar payment to end Spitzer's investigation of gifts by record companies in exchange for air play.
_ December 2006: MetLife Inc., the largest group life insurer in the nation, agreed to pay a multimillion-dollar settlement and change some of its business practices to end an investigation of payments made to brokers to steer clients its way. Spitzer's probe of the industry began in 2004 and more than 20 insurance companies agreed to pay more than $3 billion.
_ October 2006: Former New York Stock Exchange chief Richard Grasso was ordered to repay part of his 2003 compensation package, which Spitzer claimed was unreasonable under laws governing nonprofit organizations.
_ December 2003: In two separate agreements, Alliance Capital Management agreed to pay a multimillion-dollar penalty to settle allegations of improper fund trading, the most costly settlement to date.
_ December 2002: In one of the largest settlements ever levied by securities regulators, 10 Wall Street firms agreed to a multimillion-dollar penalty to resolve charges they gave biased stock ratings. The probe, which began in June 2001, turned up e-mail showing star Merrill Lynch & Co. analyst Henry Blodget describing InfoSpace Inc., one of the firm's highest-rated stocks, as "a piece of junk."
diamond said:
yeah, that must be it, the "b" key and "s" key are so extremely close on the keyboard.
or something more latent perhaps.
dbs
MrsSpringsteen said:Maybe he's just an arrogant selfish self righteous man. I do think it's normal to wonder why a married man would go to a prostitute, or any man for that matter. Most of all any man in his position.
verte76 said:
You want Pataki back?
MrsSpringsteen said:
U2ME3 said:You know why Eliot was cheating on his wife don't you? Because she was a Spitzer, not a swallowzer.
4U2Play said:Spitzer is a Hillary superdelegate?
Ho No. Can't wait for her reaction.
4U2Play said:Spitzer is a Hillary superdelegate?
Ho No. Can't wait for her reaction.
If Spitzer resigns, he would not be replaced as a superdelegate, meaning Clinton would lose one, according to the Democratic National Committee. Lt. Gov. David Paterson would become governor, and he already is a superdelegate supporting Clinton.
Clinton declined to say whether she believed Spitzer could survive the scandal, which drew immediate calls for him to resign.
"Let's wait and see what comes out of the next few days," she said. "Right now I don't have any comment. I think it's appropriate to wish his family well and see how things develop."
Headache in a Suitcase said:Client # 40
Headache in a Suitcase said:i heard he likes amazon types
Irvine511 said:
bono would never cheat on Ali
they love each other. i read U2 by U2 so i am an authority on their marriage.
MrsSpringsteen said:Wondering why the woman is standing by him is doing the same as I see it, is that anyone's business either?
http://www.newsday.com/news/local/state/ny-stspitzerbank0312,0,4637246.storyGov. Eliot Spitzer ended up as the subject of an investigation into a prostitution ring because his bank branch in Manhattan turned him in to the Internal Revenue Service as someone who might be engaged in suspicious currency transactions, according to sources familiar with the investigation.
After the governor transferred $10,000 by breaking it into smaller amounts, he then called the bank asking that his name be removed from the transactions, the sources said.
Agents of the IRS Criminal Investigation Division initially started a probe fearing that the governor was the victim of some sort of blackmail scheme or because he was being victimized by an impostor, the sources said.
U2democrat said:I don't know what in the world made him think he could get away with this.
LarryMullen's_POPAngel said:
Powerful people tend to think they're above the law. They can do all the psychological studies they'd like but at the end of the day it's as simple as that.
deep said:
I am sure that is how the paper trail reads.
But, I am also confident that this Administration is abusing their ability to take free looks and listens where ever they want.
When they find something they want to exploit after sneaking in the back door.
All they do is get the right paper work and proper channels and go back in the front door.
However, there is a set of questions that needs to be examined with respect to the Spitzer case. They go to prosecutorial motivation and direction. Note that this prosecution was managed with staffers from the Public Integrity Section at the Department of Justice. This section is now at the center of a major scandal concerning politically directed prosecutions. During the Bush Administration, his Justice Department has opened 5.6 cases against Democrats for every one involving a Republican. Beyond this, a number of the cases seem to have been tied closely to election cycles. Indeed, a study of the cases out of Alabama shows clearly that even cases opened against Republicans are in fact only part of a broader pattern of going after Democrats. So here are the rather amazing facts that surface in the Spitzer case:
(1) The prosecutors handling the case came from the Public Integrity Section.
(2) The prosecution is opened under the White-Slave Traffic Act of 1910. You read that correctly. The statute itself is highly disreputable, and most of the high-profile cases brought under it were politically motivated and grossly abusive. Here are a few:
Heavyweight boxing champion Jack Johnson was the first man prosecuted under the act — for having an affair with Lucille Cameron, whom he later married. The prosecution was manifestly an effort “to get” Johnson, who at the time was the most famous African-American. (All of this is developed well in Ken Burns’s film “Unforgiveable Blackness”).
University of Chicago sociologist William I. Thomas was prosecuted for having an affair with an officer’s wife in France. Thomas was targeted because of his Bohemian social and his radical political views.
In 1944 Charles Chaplin was prosecuted for having an affair with actress Joan Barry. The prosecution again provided cover for a politically motivated effort to drive Chaplin out of the country.
Canadian author Elizabeth Smart was arrested and charged in 1940 while crossing the border with the British poet George Barker.
(3) The resources dedicated to the case in terms of prosecutors and investigators are extraordinary.
(4) How the investigation got started. The Justice Department has yet to give a full account of why they were looking into Spitzer’s payments, and indeed the suggestion in the ABC account is that it didn’t have anything to do with a prostitution ring. The suggestion that this was driven by an IRS inquiry and involved a bank might heighten, rather than allay, concerns of a politically motivated prosecution.
All of these facts are consistent with a process which is not the investigation of a crime, but rather an attempt to target and build a case against an individual.
The answer of the Justice Department to all this is likely to be: Trust us. But in the current environment, the reservoir of trust is tapped. The Justice Department needs to submit to some questions about how this probe got launched, who launched it, and to what extent political appointees were involved in its direction. This has nothing to do with Spitzer’s guilt or innocence. But it has everything to do with the fading integrity of the Public Integrity Section.
U2democrat said:Poor Mrs. Spitzer. I can't imagine how humiliating this is for her.