There are many models by which one recovers from public disgrace (Milken comes to mind as an excellent example). Recovery from rank hypocrisy is (or at least should be) far more difficult. Unfortunately, Spitz is still at it:
In my last column, I wrote about how the New York Federal Reserve Bank, the most powerful financial institution in America after the national Fed, has been entirely dominated by Wall Street bankers, without any meaningful public input. In this column, I want to suggest how this governance crisis could be remedied.
Unfortunately, Spitzer has a riled and willing audience and he need only continue to intone barbed breathings about the evil of it all and his audience may well give him a pass on that whole slew of prostitutes thing. Sure, it is amusing to watch Slate capitalize on the detritus of Spitzer’s career. But that amusement will run thin quickly when Spitzer leverages it into his next slot- as you know he will.
How To Fix the New York Fed [Slate]
He’s a d-bag, prosties or not, and well worth ignoring, just as he’s always been.
You got to have big conejos to do what he is doing in his comeback.
I know it is easy to hate the steamroller but that is a pretty good article imo
Tough to ignore the Global Settlement @1…
I agree that his hypocrisy knows no bounds and that he is a worthless bag of snake excriment, but you have to be careful in this rising tide of populism that the worst of the worst don’t surf it right back into office. The current players have already altered the game enough.
Do they have fact checkers at Slate? This article is factualy incorrect.
those breasts never get old
OK Prudes, lets keep it real
We all know that if Spitz was in power
Maddoff, Dreier, Stanford & Fmailies would be convicted/deflowred via Rikers Island by now.
Cayne, Fuld, O’Neill would also have been bankrupted as well.
Spitzer had Hank Greenberg thrown out on his ass over one weekend for the financial equivalent of Jay-walking (Finite Reinsurance) and General Re’s (Buffet owned) entire management team jailed, including one woman.
Greenberg was a billionaire and it was at the height of the 2006 boom. He also got Marsh, AOn, Willis to cough up hundreds of million of fines and to disband huge parts of their business.
Again, not a penny was lost by anyone on these issues. Some footnotes were re-numbered in 10-Ks….
Neverthless, Spitzer eviscerated some huge fish and makes todays regulators look like eunuchs
@6 I paused at the picture and thought the same thing.
@4 – Next you’re going to tell me that you’re my huckleberry
He’s no Dear Prudie, that’s for sure
@6 – Ain’t plastic surgery awesome!
Spitler should be the Gov still. Any state that allows Pres. Clinton to install his wife in one of their senate seats the way the former USSR installed Walter Ulbrecht in E. Germany deserves the whore-pluker. Good and Hard.
@7 – you’re right, he did all that, and it was outright thievery.
He’s lower than whale-shit, when viewed by anyone who understands his populist hypocrisy, and I repeat, is not worth listening to.
The whoremongering has nothing to do with it.
- #1 (and no, not a Greenberg)
@6, must you post the same comment each time her picture is posted?
@9 – I play for blood.
@13, must you make the same comment about some guy commenting on how those breasts never gets old?
#7 FTW! Spitzer is the man. The fact that he banged a couple of escorts only heightens my appreciation of him.
@13
you must be confusing me with someone else.
SPITZ-TIGER’S LAST STAND
SPITZ-TIGER’S LAST STAND
(Growl-Tiger’s Last Stand, Old Possum’s Book of Practical Cats, TS Elliot)
WilliamBanzai7s Book of Wall Street Fat Cats
Spitz-tiger was an AG Cat, who traveled on a prosecutorial barge:
In fact he was the roughest toughest AG Cat that ever roamed at large.
From Battery Park to Park he pursued his aim,
Rejoicing in his title of `The Terror of the Financial Services Con Game’.
His manners and appearance did not calculate to please;
His coat was torn at the sleeve, he was baggy at the knees;
One ear was somewhat missing, no need to tell you why,
And he scowled upon a hostile financial world from his forbidding blue eyes.
Those FAT Cat codgers Hank Greenberg and Sandy Weil knew something of his fame;
At AIG and CITI Fat Cats shuddered at his name.
They would fortify the pent-house, lock up the golden goose,
When the rumour ran along the shore: SPITZ-TIGER’S ON THE LOOSE!
Woe to the Wall Street canary, that fluttered from his cage;
Woe to the pampered Pekinese banker cheat, that faced Spitz-Tiger’s rage;
Woe to the crooked banker rat, that lurks on investment banking ships,
And woe to any wiley Fat Cat with whom Spitz-Tiger came to grips!
But of the Wall Street Fat Cats that his hatred had been vowed;
To Fat Cats of avarice and greed no quarter was allowed.
The NYSE and Merrill regarded him with fear -
Because if Wall Street mice were at play Spitz-Tiger’d be the first to hear.
Now on a peaceful summer night, all nature seemed at play,
The tender moon was shining bright, the barge at South Street lay.
All in the balmy Brooklyn moonlight it lay rocking on the tide -
And Spitz-tiger was disposed to show his sentimental side.
In the forepeak of the vessel Spitz-tiger sat,
Concentrating his attention on “Kristan” or Ashley Alexandra Dupre, that working Kitty Kat
And his raffish crew were sleeping in their barrels and their bunks -
As the Spitz-Tiger’s foes came creeping in their sampans and their junks.
Spitz-tiger had no eye but for Kitty,
And the Lady seemed enraptured by his courtroom baritone,
Disposed to relaxation, and awaiting no surprise -
But the moonlight shone reflected from a hundred bright enemy eyes.
And closer still and closer the sampans circled round,
And yet from all the enemy there was not heard a sound.
The lovers sang their last duet, in danger of their lives -
For the foe was armed with Fat Cat pitch forks and Republican carving knives.
Then US Attorney GARCIA gave the signal to his fierce prosecutorial horde;
With a frightful burst of firework they swarmed aboard.
Abandoning their sampans, and their pullaways and junks,
They battened down the hatches on the crew within their bunks.
Then Kitty Cat Kristan she gave a screech, for she was badly skeered;
I am sorry to admit it, but she quickly disappeared.
She probably escaped with ease, I’m sure she was not drowned -
But a serried ring of flashing Fed steel Spitz-Tiger did surround.
The ruthless foe pressed forward, in stubborn rank on rank;
Spitz-Tiger to his vast surprise was forced to walk the Federal plank.
He who a hundred Fat Cat victims had driven to that drop,
At the end for all their crimes he was forced to go ker-flip, ker-flop.
Oh there was tasty schadenfreude cream on Wall Street when the news flew through blog land;
At Nantucket and East Hampton there were Fat Cats dancing in the sand.
Rats were roasted whole on Park Avenue, and at Larchmont Dock,
And a day of swindling Fat Cat celebration was commanded from NY to Bangkok.
I once fucked that girl when my company was paying such frills back in the old good days. That chick doesn’t do much for the money, so instead I pounded her extremely hard for pnishment.
http://i90.photobucket.com/albums/k275/dranom/GIF/11kfp1f.gif
@18- too short
Wow. Pretty lame EP. Why actually discuss whether conflicts of interest are a serious issue at the NY FED? No we can bang on Spitzer for a mistake. Of course, he must not have anything interesting to say because he went to a prostitute. Does that some how remove his brain?
EP, you’ve become boringly predictable. Since you are unable to mount any legitimate defense against those who criticize the financial services industry you instead lodge personal attacks against them. I dare you to actually write an argument against Spitzer’s view or one of Barney Frank’s.
Bess is funny because she thinks its all a sham; your in the tank.
@18 that’s great
didn’t read