Everyone now knows about the Eliot Spitzer scandal. New York's very own present-day Eliot Ness got caught with his hand in the cookie jar. Et tu, Spitzer?
On the front page of the Wall Street Journal yesterday was a piece entitled, "Wall Street cheers as its nemesis plunges into crisis'. First line: It's Schadenfreude time on Wall Street. This is instructive, for it reminds us of the great public good Spitzer delivered as Attorney General. At a time in which public contempt for Wall St. corruption was running high, Spitzer made it his mission to effect long lasting change in its practices. He succeeded. Now the daggers are out, and this is further testimony of his success.
I'm usually no political groupie, but when Spitzer announced he would run for the Governorship, I was about as excited as I can imagine myself being for political candidate. He was well-known for his assertion that he took on cases only on the basis of whether it was right or wrong to do so.
Alas, it wasn't meant to be. His enemies are too numerous. Republicans are already threatening impeachment (I wonder why?) should he refuse to resign, and given his self-righteousness and unyielding character, there appears to be no exit but to exit.
RIP.
Wednesday, March 12, 2008
Daggers Out
Posted by MT Nguyen at 10:57 AM
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