Eliot Spitzer
Eliot Spitzer
Eliot Laurence Spitzeris an American politician who served as the 54th Governor of New York from 2007 until his resignation on March 17, 2008. Following his eight year term as Attorney General of New York, Spitzer was elected governor in 2006, succeeding three-term incumbent George Pataki. Soon after taking office, Spitzer was embroiled in a prostitution scandal that culminated in his resignation. Following his resignation, he hosted a short-lived program, Viewpoint with Eliot Spitzer on Current TV...
NationalityAmerican
ProfessionPolitician
Date of Birth10 June 1959
CityNew York City, NY
CountryUnited States of America
Today's case demonstrates that the corrupt practices first laid bare in the Marsh suit are present in additional sectors of the industry, ... Secret payoffs and conflicts of interest that infected the market for property and casualty insurance have taken root in the employee benefits market as well.
We are disappointed that the court has taken an unduly narrow view of its power and obligation to decide cases that come before it, ... Because the science is clear that global warming poses a real and inevitable environmental threat with grave human consequences, we will appeal this decision and continue to work on other fronts to demand action on this critical problem.
The great advantage of the Internet is that it helps consumers compare products and prices, ... Our action in this case helps ensure that consumers will have the ability to do just that.
It's a scandal that is still unfolding, ... many criminal and civil cases that will be announced in the months to come.
This has nothing to do with that, ... If the feds begin to do what they need to do, the relative role of the state agencies would diminish. Nothing I've said means that we wouldn't do all our cases over again.
The evidence in this case speaks for itself, ... Top managers knew market timing was harming buy-and-hold investors but they condoned and facilitated it because it was a lucrative source of management fee revenues.
Risk is inherent in the market, ... We all understand that and we thrive on that; what we don't tolerate is fraud.
Restitution I have almost always believed is best handled through individual arbitration or litigation where individual investors, if they believe they have relied upon improper advice rendered by Merrill Lynch or anybody else, can file that claim, ... That is the best forum for those issues to be resolved.
Representative Baker is an embarrassment. He is wrong on the issue of enforceability, ... His response to our settlement is explained by his failure to grasp the issues at hand and his failure to do anything to protect small investors.
I strongly urge all retailers to heed the warnings issued about these products, pull them from distribution immediately, and ship them back to Sony.
Who might or might not be my opponent on the other side of the aisle, I'll just wait and see how it plays out,
who might not understand the ways of Wall Street.
While the company has acknowledged allowing some improper market timing, the full extent of the problem at Seligman has not been disclosed to investors,
People like Eliot because he's a fighter, not a quitter, ... If Mr. Weld thinks Eliot was too tough on corporate crooks, he is out of touch. If he thinks New Yorkers want a patsy for governor, he's wrong.