Eliot Spitzer Doing Things

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Eliot Spitzer is back doing one of the things he is good at doing: Wall-Street sheriffing. (He may or may not be back to doing some of the other things he is good at doing, but neither we nor, to the best of our knowledge, the U.S. Attorney’s Office, is aware of it.)

In any event, to announce his backing of an Israeli start-up that takes aim at some of Spitz’s old nemeses, stock analysts, Eliot was back doing one of the things he proved less good at, television, albeit not on CNN.

“This is more important for investors,” he said. “This isn’t whether they are doing it intentionally. This is simply, are they good or bad?”

Mr. Spitzer has been involved with TipRanks, which recently closed a $3 million funding round, since it was founded in June 2012. The company uses algorithms and other technology to scan articles for financial recommendations and measure the performance of anyone giving investment advice on financial blogs and websites.

Spitzer Returns, Taking Aim Again at Financial Analysts [DealBook]

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The Less-Colorful Eliot Spitzer Strikes Again

[caption id="attachment_99794" align="alignleft" width="260"] No jurisdiction can hold me.[/caption] Hedge fund manager Phil Goldstein once said that when Massachusetts Secretary of the Commonwealth Bill Galvin looks in the mirror in the morning, he sees Eliot Spitzer. Granted, he said this before certain aspects of Client Number Nine's private life hit the front pages, but the point was made. And while Spitzer moves from one failed media venture to another—undoubtedly paying very close attention to a certain South Carolina House race—Galvin still carries the torch and a copy of the Bay State's securities law. That law must be unusually broad, because he's used it to fine a German bank $17.5 million for naughtiness related to a CDO created with an Illinois-based hedge fund.