In 2002, accusations by then Attorney General Eliot Spitzer set off a chain of events that resulted in Merrill Lynch analyst Henry Blodget being fined $4 million in fines and repayments and being banned from the securities industry for life. Those polled at the time probably didn't expect the two to end up bros. Today we find out how utterly wrong they were.
“Our guest today is the former governor of New York and the man who destroyed my Wall Street career,” Blodget said on the show, smiling as Spitzer chuckled. His friendly overture impressed Spitzer, who now gushes about Blodget like an old drinking buddy. “Listen, I think Henry’s great,” Spitzer says. “And the issues that led to the analyst case are not of such moral dimensions that these were people who were, you know, out killing babies.”