Eliot Spitzer made this world a better place

[Political Junky]

Yet he banged a hooker.

Still one of the greatest politicians in my lifetime.

I agree. What happened to Spitzer was a goddam shame. .

How was it a "shame"? He made his (stupid) decisions and paid the price. It showed that he is a corrupt, immoral, and ******* stupid son of a *****. He committed political suicide and some hero-worshipping little numbskull declares him a great politician? Kids today...

Yet, Cons gave Vitter a standing ovation in the Senate, for doing the same thing.

 

[Unkotare]

I agree. What happened to Spitzer was a goddam shame. .

How was it a "shame"? He made his (stupid) decisions and paid the price. It showed that he is a corrupt, immoral, and ******* stupid son of a *****. He committed political suicide and some hero-worshipping little numbskull declares him a great politician? Kids today...

Yet, Cons gave Vitter a standing ovation in the Senate, for doing the same thing.

Is that supposed to let Spitzer off the hook somehow?

 

[Luissa]

He took the hooker across state lines. for some reason, that complicates things.

This is why I have a problem with most politicians resigning over this stuff.

 

[elvis]

He took the hooker across state lines. for some reason, that complicates things.

This is why I have a problem with most politicians resigning over this stuff.

It's amazing that they all resign when caught.

 

[Big Black Dog]

How to get out of the political dog house:
1. Deny it ever happened.
2. Call for an investigation.
3. Say somebody is lying.
4. Stand beside your wife on national tv and deny it and have your wife say she fully supports you.
5. Say you can't remember it ever happening.
6. Say you didn't know it was wrong to commit the act.
7. Say you are sorry.
8. Cry.
9. Say you take full responsibility for the act but then don't do anything about it.
10. Say it's time to move on to a different subject because this subject is taking up too much of your time.

 

[FA_Q2]

Yet he banged a hooker.

Still one of the greatest politicians in my lifetime.

I agree. What happened to Spitzer was a goddam shame. Big money was after him and I believe the madam sold him out.

I think he would be a great president.

He was an idiot. That is what happens when you do what he did.

 

[JoeB131]

Because absurd white collar crime doesn't happen on Wall St.

Are you ******* retarded or something?

And how many of those guys have Obama and Holder prosecuted?

Heck, Bush prosecuted Ken Lay and Jeff Skilling.

Not only has giving these guys a pass been bad policy, but it's been bad politics as well. Here's a case where Obama could use a scapegoat, and he isn't sacrificing one.

 

[JoeB131]

I agree. What happened to Spitzer was a goddam shame. .

How was it a "shame"? He made his (stupid) decisions and paid the price. It showed that he is a corrupt, immoral, and ******* stupid son of a *****. He committed political suicide and some hero-worshipping little numbskull declares him a great politician? Kids today...

Yet, Cons gave Vitter a standing ovation in the Senate, for doing the same thing.

Vitter comes from the state that gave us Huey Long, David Duke, and Bobby "The Power of Christ Compels you" Jindal. (NO, seriously, this guy claims he did an excorcism once.)

Hiring a hooker is kind of blase.

Frankly, once upon a time, politicians could have their mistresses, and that was usually all treated with a wink and a nod by the press guys who all had their mistresses, too.

Today, with the feminists on the left and the moralists on the right, you just can't get away with that sort of thing*. Spitzer, Weiner, Wu, Sanford, Ensign, etc. You play, you pay.


*- YOu can get away with it if you are president, because getting you out is next to impossible. Just make sure your economy is good. But otherwise, you are pretty much toast if you are caught.

 

[editec]

You first. You claimed he made it a better place. I deride it. You assert, you prove. It's public record he's a criminal and moral degenerate. And that was BEFORE he became a failed commentator for CNN and member of the "press".

Cracking down on white collar is socialism...lol

You are a joke, my friend.

You still have proven that he made the world a better place. You say 'white collar crime'. Links? Who'd he 'bust'? What people did he take down? I'm not interested in doing anything but mock this dumbass till you prove me wrong. Oh, and right now sleep ranks higher in importance than listening to your silly hackery so don't expect me to look at anything for at least 36 hours if I do at all.

FYI, BIG FRITZ

Here's a list of the notable prosecutions under Spitzer. As you can see the man went after some of the most powerful (and criminal) organizations in the USA and world.

In ADDITON to taking down the Gambino CRIME family in NYC he went after WHITE COLLAR CORPORATE CRIMES

Computer manufacturing

• Price fixing (2006): A long-running investigation of five computer chip manufacturers resulted in $730 million in fines and a guilty plea from Samsung Electronics Co., Elpida Memory Inc., Infineon Technologies AG and Hynix Semiconductor Inc. The fifth manufacturer, Micron Technology Inc., was granted immunity in exchange for cooperating with authorities in the case. This case is notable as one of the longest collusions between the largest number of companies to fix prices (1998–2002).

Securities

• Global Settlement (2002): Spitzer sued several investment banks for inflating stock prices, using affiliated brokerage firms to give biased investment advice and "spin" initial public offerings of stock by offering them to CEOs and other influential members of the business community. In 2002, a settlement of these lawsuits was negotiated by Spitzer, federal regulatory bodies, stock exchanges, and the investment banks and brokerage houses in question. The result was $1.4 billion in compensation and fines paid by the brokerages and investment banks, new rules and enforcement bodies created to govern stock analysts and IPOs, and the insulation of brokerage firms from pressures by investment banks. Ten firms paid fines to settle the case: Bear Stearns, Credit Suisse First Boston, Deutsche Bank, Goldman Sachs, J.P. Morgan Chase, Lehman Brothers, Merrill Lynch, Morgan Stanley, Salomon Smith Barney, UBS Warburg.
• Late Trading & Market Timing Investigations (2003): Investigations by the office of Eliot Spitzer beginning in 2003 uncovered mutual fund brokers allowing select clients privileges deprived to ordinary customers. Spitzer targeted two practices in particular: "late trading", which allows hedge fund investors to file trades at the previous day's price after the market close, something ordinary customers cannot do; and "market timing", an investment strategy involving frequent trading, which was allowed by some funds for privileged investors in contravention of the fund's rules. Late trading was clearly illegal and allowed a small number of investors profit at the expense of other fund shareholders. In essence, by placing winning trades the privileged investors diluted the profit pool available to all fund shareholders while they sidestepped their share of the pool's losses. Market timing is still permissible provided a fund discloses that it permits it, and can both harm and benefit funds; the problem prior to 2003 was that some investors and brokers were permitted to engage in timing while others were not, and that fact was not disclosed to other investors. Both late trading and market timing can increase fund expenses and administrative fees borne by other customers and caused fund managers to increase the cash they held to meet liquidity needs. Through a number of prosecutions and lawsuits, joined in many instances by the U.S. Securities and Exchange Commission (SEC), Spitzer secured more than one billion dollars in fines and remuneration for investors as well as forcing reforms to further enforce pre-existing bans on late trading.
• Richard Grasso (Chairman of the NYSE): Eliot Spitzer charged that Dick Grasso, when chairman of the New York Stock Exchange violated his position as chairman of a non-profit organization (the NYSE was at that time a mutually owned not-for-profit exchange) by receiving excessive compensation. Dick Grasso argued that his compensation was openly declared at board meetings and was fully legal and that the lawsuit was an attack on him solely intended to raise Spitzer's image in the press as he went into his gubernatorial campaign. He vowed to fight the action in the courts and, despite losing the initial stages, on July 1, 2008, the New York State Court of Appeals dismissed all claims against Grasso. The majority opinion stated that since the NYSE was now a subsidiary of a for profit multi-national corporation that the State of New York had no oversight over the affairs of the company in this matter and that prosecution was "not in the public interest." Current Attorney General, Andrew Cuomo stated that he had no intention to appeal this decision any further and that the case was effectively over. The court ruled that Grasso was entitled to the entirety of his compensation.

Insurance

• Contingent commissions (2004): In the commercial insurance business "contingent commissions" or "overriders" are fees paid based on the volume and profitability of insurance business generated by brokers. They provide incentive for agents and brokers to underwrite carefully as contingent commissions often serve as rewards for good loss ratios. Without contingency commissions, there is little incentive for agents or brokers to be selective in the risks that they submit to companies. However, some argue that contingent commissions may provide an incentive for insurance brokers to recommend more costly insurance to their clients, presenting a conflict of interest. While many large brokerages such as Marsh & McLennan Companies (against whom Spitzer filed his original suit), Aon and Willis announced plans to stop the practice of contingent commissions, many argued that the practice was not to blame for the rigged bids uncovered by Spitzer. Indeed, the practice accounted for about only five to seven percent of total revenues for brokers and did address a traditional misalignment of interests in insurance between the carrier and the producer. Under a traditional flat commission structure the latter has less incentive to submit risks with an eye for long-term loss potential in mind. So-called finite insurance products, which may more closely resemble a loan than insurance, were also investigated, even if there was "transference of risk" involved.[citation needed]
• American International Group (2005): On May 26, 2005, Spitzer filed a civil complaint against Maurice R. "Hank" Greenberg (Chairman and CEO) and Howard I. Smith (ex-CFO of AIG), alleging fraudulent business practice, securities fraud, common law fraud, and other violations of insurance and securities laws. Despite tough talk on a television news show, Spitzer declined to bring any criminal charges against Greenberg, and two of the civil charges were dropped in September 2006.[1] Four civil charges, 'the heart of the case', remain outstanding.[2][3]
• On December 22, 2005, John C. Whitehead, chairman of the Lower Manhattan Development Corporation, alleged that Spitzer had threatened him during a telephone call that took place in April 2005. In a letter to The Wall Street Journal, Whitehead alleged that Spitzer called him regarding a Wall Street Journal opinion piece that he wrote about Spitzer's public comments regarding Maurice R. Greenberg. According to the allegation, Spitzer threatened, "Mr. Whitehead, it's now a war between us and you've fired the first shot. I will be coming after you. You will pay the price. This is only the beginning and you will pay dearly for what you have done. You will wish you had never written that letter."[4] Spitzer has denied the allegation.[5]
• The insurance investigation started by Spitzer spread to other states. Illinois Attorney General Lisa Madigan announced a parallel investigation of insurance brokerages headquartered in Chicago, which led to substantial out-of-court settlements from AJ Gallagher and Willis. Although the practices of these insurance brokerages did not violate criminal law, they violated the code of professional ethics required by the state to obtain licenses. One of the practices alleged by Madigan was "steering" insurance clients to purchase insurance policies that would produce higher commissions for the brokerage.[citation needed]

Entertainment

• Music Royalty Settlement (2004): Through an investigation of music industry practices, Spitzer's office uncovered $50 million in royalties owed to musicians whose record labels had failed to keep in contact with them. Under New York State's Abandoned Property Law, those royalties not being sent to their rightful owners would have to be surrendered to the state. Under a settlement, the labels were required to take measures to contact artists owed royalties.[6]
• Payola Settlement: The office of Eliot Spitzer served subpoenas against record labels in an investigation into "payola," the illegal compensation of radio stations for playing certain songs. These subpoenas were related to allegations of deals for disc jockeys to receive gifts from promoters in exchange for playing the songs a certain number of times during the day. On July 25, 2005, Spitzer announced a settlement with Sony BMG Music Entertainment. In November 2005, a similar settlement was announced with Warner Music Group.[7]

Abortion

• In 2002, Spitzer's office issued subpoenas to 24 non-profit crisis pregnancy centers that sought to dissuade women from having abortions. Pro-life groups criticized Spitzer, charging that he was harassing the centers on behalf of a political ally, NARAL Pro-Choice America. Spitzer's office contended that the centers used deceptive advertising and were practicing medicine without a license.[8] However, the subpoenas were subsequently withdrawn.[9]

Police corruption

• Town of Walkill (2001): Spitzer sued the town of Walkill in federal court, accusing the police department of petty corruption, civil liberties violations, and harassment.[10][11][12][13] The town entered into an agreement with the state, dismissed the police chief, agreed to the appointment of an overseer and accepted a lengthy code of conduct laid out by the state.[14][15] The police chief, James Coscette, had been appointed by Town supervisor Howard Mills and unanimously confirmed by the Town Board.[14][16]

Others

• United States Microsoft antitrust case (April 3, 2001):[17][18]

Satisfied?

 

[JoeB131]

Ed,

The problem with those settlements is that they just convince companies that it isn't worth doing business in America, if some bureaucrat can just loot your profits with a lawsuit.

 

[Big Fitz]

Says the person who ducks my challenge on ME history and FP.

Do you have pay Fitz to jerk you off or does he do if for free?

says the kid sucking his own hemorrhoids.

Still no substance from you. You actually negged me for admiring Spitzer's cracking down on white collar crime and corruption.

You jerk off to the bankers who caused this economic calamity.

Actually, you get on your knees and suck them off.

Eliot Spitzer made this... 08-21-2011 01:30 AM Auxous ******* sissy who sucks the banker's cocks.

Really? Is this your idea of substance to back your assertion? Awwww... poor baby can't play even in the AAA leagues. Go back to the Daily Kos or Hello Kitty Online, or whatever rathole you crawled out of shit for brains.

 

[Big Fitz]

Yet he banged a hooker.

Still one of the greatest politicians in my lifetime.

I agree. What happened to Spitzer was a goddam shame. Big money was after him and I believe the madam sold him out.

I think he would be a great president.

Excuse me? Tell me oh lover of morals and the American Way, would you be saying it was a damn shame for a vice cop to be banging prostitutes while off duty? You don't see this as a conflict of interests, per say do you?

We know you can forgive a president for slipping it to an intern while on the job as just a 'cute little foible' even when he goes about perjuring himself about it.

Then again, I guess moral degenerates must protest their own, so they have someone who won't condemn their own actions and desires.

 

[Big Fitz]

says the kid sucking his own hemorrhoids.

Still no substance from you. You actually negged me for admiring Spitzer's cracking down on white collar crime and corruption.

You jerk off to the bankers who caused this economic calamity.

Actually, you get on your knees and suck them off.

^^And here we have another fine example of a Ron Paul supporter^^

Just another young punk of the Nintendo generation, sitting in mommy's basement, jacking off to internet porn, while desperately trying to figure out why he's never had a girlfriend, let alone gotten laid.

No, Shit for brains isn't a Ron Paul supporter. He hates banks too much. He's a solid, dyed in the wool Marxist.

 

[Big Fitz]

Yet he banged a hooker.

Still one of the greatest politicians in my lifetime.

I agree. What happened to Spitzer was a goddam shame. .

How was it a "shame"? He made his (stupid) decisions and paid the price. It showed that he is a corrupt, immoral, and ******* stupid son of a *****. He committed political suicide and some hero-worshipping little numbskull declares him a great politician? Kids today...

He's a liberal. The ends justify the means so any criminal activity this man committed cannot be held against him. You should be shot for suggesting such a thing.

 

[Sallow]

Yet he banged a hooker.

Still one of the greatest politicians in my lifetime.

I agree. What happened to Spitzer was a goddam shame. Big money was after him and I believe the madam sold him out.

I think he would be a great president.

Excuse me? Tell me oh lover of morals and the American Way, would you be saying it was a damn shame for a vice cop to be banging prostitutes while off duty? You don't see this as a conflict of interests, per say do you?

We know you can forgive a president for slipping it to an intern while on the job as just a 'cute little foible' even when he goes about perjuring himself about it.

Then again, I guess moral degenerates must protest their own, so they have someone who won't condemn their own actions and desires.

This may come as a shock to you. But Prostitutes do a brisk business when Polticians are around.

 

[Sallow]

Spitzer should get back into politics. I can see him in the Senate or House of Representatives.

Need the financial sheriff back.

 

[Big Fitz]

How was it a "shame"? He made his (stupid) decisions and paid the price. It showed that he is a corrupt, immoral, and ******* stupid son of a *****. He committed political suicide and some hero-worshipping little numbskull declares him a great politician? Kids today...

Yet, Cons gave Vitter a standing ovation in the Senate, for doing the same thing.

Is that supposed to let Spitzer off the hook somehow?

It's a failure of the "appeal to equivalency" logic trap.

A couple of critical differences in the cases.

Vitter was not accused of a crime. He came forward and admitted his use of the D.C. Madame. He did not hold a position with law enforcement power, but legislative. His activities were discovered as a result of an investigation into a prostitution ring. He has stayed in office, even though his position was severely damaged and chances of his re-election (barney Fwank not withstanding) is in doubt.

Spitzer on the other hand WAS the Governor with law enforcement powers, and therefore held under a different set of ethical standards. His suspicious economic activity as governor caused the discovery of the prostitution ring and his heavy use of it over the years including the time before he was a governor AND investigations into the use of campaign funds to pay for prostitutes. He resigned instead of being impeached, by HIS OWN CHOICE, instead of fighting the charges.

Some ******* hero. They're both scumballs. Vitter should be thrown out, but hasn't and chose not to resign, and no impeachment charges are pending. Spitzer, facing impeachment and even more, wisely, quit.

You can search both men on wikipedia to get even these barest of valid comparisons.

 

[Big Fitz]

I agree. What happened to Spitzer was a goddam shame. Big money was after him and I believe the madam sold him out.

I think he would be a great president.

Excuse me? Tell me oh lover of morals and the American Way, would you be saying it was a damn shame for a vice cop to be banging prostitutes while off duty? You don't see this as a conflict of interests, per say do you?

We know you can forgive a president for slipping it to an intern while on the job as just a 'cute little foible' even when he goes about perjuring himself about it.

Then again, I guess moral degenerates must protest their own, so they have someone who won't condemn their own actions and desires.

This may come as a shock to you. But Prostitutes do a brisk business when Polticians are around.

Doesn't shock me at all. Disgusts me, but doesn't shock me.

 

[Big Fitz]

Spitzer should get back into politics. I can see him in the Senate or House of Representatives.

Need the financial sheriff back.

Sure, the GOP could use the 'hanging curveball' that would be his candidacy for an easy win.

 

[Soggy in NOLA]

Spitzer's a ******* scumbag....