Ithaca 37
New member
I've been telling you guys about Eliot for a few years now. Get ready to elect him President!
Has Eliot L. Spitzer finally bitten off more than he can chew?
For six years now, the New York attorney general has been building a national reputation by taking on powerful opponents and finding creative new ways to use existing law to protect investors and workers.
His targets in the past have included everyone from big Wall Street investment banks and the $7.5 trillion mutual fund industry to polluting power plants and supermarket chains that underpaid delivery workers. Many have agreed to pay money rather than risk a public battle.
Now his adversaries are fighting back, and Spitzer's unusual efforts to use state law to change national policy will be tested in court. The first mutual fund executive Spitzer charged criminally has challenged a key legal basis for the New Yorker's entire investigation of improper mutual fund trading. And last week former New York Stock Exchange chief Dick Grasso made clear that he will make Spitzer and his political ambitions the issue in their battle over Grasso's nearly $200 million pay package........
http://www.washingtonpost.com/wp-dyn/articles/A3061-2004May30.html
Has Eliot L. Spitzer finally bitten off more than he can chew?
For six years now, the New York attorney general has been building a national reputation by taking on powerful opponents and finding creative new ways to use existing law to protect investors and workers.
His targets in the past have included everyone from big Wall Street investment banks and the $7.5 trillion mutual fund industry to polluting power plants and supermarket chains that underpaid delivery workers. Many have agreed to pay money rather than risk a public battle.
Now his adversaries are fighting back, and Spitzer's unusual efforts to use state law to change national policy will be tested in court. The first mutual fund executive Spitzer charged criminally has challenged a key legal basis for the New Yorker's entire investigation of improper mutual fund trading. And last week former New York Stock Exchange chief Dick Grasso made clear that he will make Spitzer and his political ambitions the issue in their battle over Grasso's nearly $200 million pay package........
http://www.washingtonpost.com/wp-dyn/articles/A3061-2004May30.html
