This is the beginning of the end for the man who would be king. Mr. Elliot Spitzer loses big time and blows chunks. Elliot Spitzer's reputation is wiped out with a single case. One of his most celebrated cases in fact, as a Manhattan jury acquitted Bank of America's Ted Sihpol on 29 of 33 counts over the charges of grand larceny and fraud. He was accused of helping a hedge fund trade Mutual Fund shares after hours (4PM). The remaining accounts became a deadlock jury. He walks scott free since he committed no crimes.
It sure appears that Elliot Spitzer's days are numbered and that he made up the whole case to further his political interests to become Governor of New York. Some say Elliot Spitzer is the sleaze from hell and he is as crooked and corrupt as they come. Others agree and a few just do not have the cranial capacity to hold that opinion. Such abuse of power has elevated him to infamous status. The often labeled arrogant, self important, meglomanic gone bureaucratically ballistic man will probably be headed for a sharp fall now that everyone knows the truth, that his cases are simply bogus.
In the New York Post the headline reads "DEMS HOPE BIG SETBACK IS FORGOTTEN BY ELECTION DAY" By FREDRIC U. DICKER State Editor Albany. Fredric the top New York Editor goes on to say;
"Attorney General Eliot Spitzer's reputation as the Sheriff of Wall Street suffered its first major blow yesterday, but just how serious the damage will be to the highly ambitious Democratic gubernatorial hopeful remains to be seen."
Elliot Spitzer seems to be continuing his fishing expedition, going after big names and huge companies. Apparently he does not care if the charges are relevant only that his name is in the headlines everyday. Many on Wall Street are glad to see the tyrant dictator "Chairman Kim Jong Il" type get a reality check. Others compare what he has done to free enterprise to that of the 9-11 attacks of Osama Bin Laden. After all his two biggest cases have "American" in their names. Elliot Spitzer has single handedly done more to hurt America's competitiveness in World Markets than the trade deficit with China
Many junior regulators who file bogus cases and emulate him will have their little feelings hurt now, but they know that the courts will no longer put up with sort BS. This is a good day for America to right the wrongs of one Elliot Spitzer as we reign in the regulatory abuses of power.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs
express cleaning service Arlington Heights ..As you can see from some of our previous articles,... Read More
Absolute power corrupts absolutely. Men desire power. Give power to... Read More
The first reaction of economies in transition is a sharp... Read More
Why President Bush should have his second term? The arguments... Read More
With respect to the States' databases, you may not locate... Read More
Expected new applications for Mexican trucks to enter the US... Read More
Sodomy is against the law, yet goes on every day... Read More
Many people make a lot of money in war. In... Read More
When we go through periods of droughts we also have... Read More
The recent Jakarta summit of Asia and Africa brought remembrance... Read More
An American soldier is taken behind enemy lines and brainwashed... Read More
If recent speeches by US officials on Iran's plans to... Read More
Well many have complained that the FBI and CIA dropped... Read More
OH MAN!Here we go again. I guess now the "proof... Read More
This, of course, is a political decision. There is no... Read More
In the future when we decide to help nations vote... Read More
Utah introduced a bill designed to limit the use of... Read More
One way to increase evaporation in the ocean might be... Read More
The Federal Trade Commission in their latest move to increase... Read More
A. THE PHILOSOPHY OF COMPETITIONThe aims of competition (anti-trust) laws... Read More
Many Americans feel betrayed by their government, our government. I... Read More
As we reel from the news of the recent bombings... Read More
I had the benefit of getting an interview with Mr.... Read More
North Korea and diplomatic games; something has to give and... Read More
Presently Universities and Private Enterprise are working to build more... Read More
tidy up service Arlington Heights ..Recently I met a man in a coffee shop, a... Read More
Legislation is getting legs to further curtail your use of... Read More
IntroductionThe way one lyrist has written, "Hum logo ko samajh... Read More
Submiting the Criminals to The ICC!Everybody concerns about justice in... Read More
Indonesia's Energy Minister, Purnomo Yusgiantoro, is unhappy with the modest... Read More
I. The FactsJust days before a much-awaited donor conference, the... Read More
Maybe some of the people complaining ought to go to... Read More
Michael Moore asserts the following in his political film Fahrenheit... Read More
Kudos goes out to the George Walker Bush's Administration and... Read More
Presently Universities and Private Enterprise are working to build more... Read More
With pain rocking through my whole body today, I cast... Read More
As the death toll in the avalanche-hit Jammu and Kashmir... Read More
The 'Land of the Free' is teaming with individual rights... Read More
The great people of the United States of America deserve... Read More
Most politicians are completely out to lunch and totally Machiavellian... Read More
Many MLM sales people mean well but they inadvertently commit... Read More
The original vulgarity was bylined: ?The Constipation of America's Mid-East... Read More
Up until the final debate at Arizona State University, the... Read More
The official working week is being reduced to 35 hours... Read More
"When you are right you cannot be too radical; when... Read More
Industrial Recruiting. The absence of a state income tax in... Read More
The use of religion is well-documented as a social engineering... Read More
With new environmental technologies and modern efficiency methods in mining... Read More
The evacuation of Gaza is now completed, and the world... Read More
The more I study the dynamics of WWII the more... Read More
Political |