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3/22/2009
Spitzer Seeking to Reclaim a Bit of His Legacy
2/20/2009
Spitzer Wiretap Docs to See Daylight 7/24/2008
Eliot Spitzer Targeted in Ethics Investigation
The Woman Who Brought Down the Governor
The Software that Snagged Spitzer
Spitzer Investigation Timeline
Spitzer Resignation Expected Today
Spitzer Resignation Expected, Prosecution Possible
Eliot Spitzer! Prostitutes? --- OH MY!
New York Sun Incredulous on State Inspector Investigation of Gov. Spitzer
Spitzer Investigated, The NYT Re-Caps
Not so Nice Profile of Eliot Spitzer, New York's Next Governor
Review of New Eliot Spitzer Biography
Prudential Settles Mutual Fund Case, To Pay $600 Million
Tipster, Noreen Harrington, Set Sptizer Mutual Fund Investigation in Motion
Grasso Invokes 5th (Regularly) During SEC Depo
Universal Music Settles Spitzer-Led Payola Charges
Hartford Financial Ends Fraud Probe with $20 Mil Settlement
Spitzer Goes After H&R Block, The New York Sun Not Amused
Bear Stearns Reaches Settlement with SEC on Fund Probe
Spitzer Seeking to Reclaim a Bit of His Legacy
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Spitzer Wiretap Docs to See Daylight 7/24/2008
Eliot Spitzer Targeted in Ethics Investigation
But not for the reason you might think - this investigation is hooker free!
-- MDT
3/13/2008
-- MDT
Labels: corporate ethics, Eliot Spitzer, investigation
The Woman Who Brought Down the Governor
Ten pages worth of pics of Eliot Spitzer's "friend" Kristen (real name: Ashley Alexandra Dupre) are right here, in case your curious.
And really, aren't we all just a little bit?
Also, here are two singles recorded by Dupre, apparently an aspiring R&B singer, among her other accomplishments.
May I recommend the track "Move Ya Body" - but only for the thought provoking lyrical content.
- MDT
And really, aren't we all just a little bit?
Also, here are two singles recorded by Dupre, apparently an aspiring R&B singer, among her other accomplishments.
May I recommend the track "Move Ya Body" - but only for the thought provoking lyrical content.
- MDT
Labels: Ashley Alexandra Dupre, Eliot Spitzer, prostitution
The Software that Snagged Spitzer
Very cool look at the nuts and bolts of money laundering software.
--MDT
3/12/2008
--MDT
Labels: Eliot Spitzer, money laundering
Spitzer Investigation Timeline
Very interesting to see how the government closed in on Spitzer. Initially it seems they suspected blackmail or somesuch based on the outflow of suspicious payments. Later they seemed to zero in on the sex angle, indicated by an early January wiretap. Then they lay in wate for the fateful call. Good stuff from equal opportunity muckrackers, TPM.
-- MDT
-- MDT
Labels: Eliot Spitzer, prostitution
Spitzer Resignation Expected Today
Even though their seemed to be some hints yesterday that Spitzer might attempt to stay on assuming the public didn't turn against him, the prevailing notion is that we can expect a formal resignation from the New York governor before the end of the day.
Setting his monumental hypocrisy (and $80,000 in high-end whoring) aside, it might be worth taking a moment to remember the good times before the hammer drops.
- MDT
3/11/2008
Setting his monumental hypocrisy (and $80,000 in high-end whoring) aside, it might be worth taking a moment to remember the good times before the hammer drops.
- MDT
Labels: Eliot Spitzer, prostitution
Spitzer Resignation Expected, Prosecution Possible
While nothing has been announced, there is reportedly movement to facilitate New York Lt. Governor, David Paterson taking the reins. Not sure, realistically, if there is any other expectation than Spitzer's departure at this point.
In the unlikely event that he try and tough it out, impeachment has already been broached. Also, prosecution on the structuring issue, remains a possibility.
for the point by point of what went down, you can't do much better than this NYT piece explicating the FBI's Emperor's Club affidavit. Good stuff. if you have a taste for the schadefreude.
I guess the Mayflower Hotel can add Room 871 to the tourists maps?
-- MDT
3/10/2008
In the unlikely event that he try and tough it out, impeachment has already been broached. Also, prosecution on the structuring issue, remains a possibility.
for the point by point of what went down, you can't do much better than this NYT piece explicating the FBI's Emperor's Club affidavit. Good stuff. if you have a taste for the schadefreude.
I guess the Mayflower Hotel can add Room 871 to the tourists maps?
-- MDT
Labels: David Paterson, Eliot Spitzer, prostitution
Eliot Spitzer! Prostitutes? --- OH MY!
We've basically retired the SPITZER WATCH around these parts. Old Eliot just hasn't been as much fun since he became governor of New York. Enter this nuclear story in the from the New York Times that implicates Governor Spitzer in a high-end (if not high class) prostitution ring.
Say it aint so, Client 9!
An afternoon press conference from City Hall should be starting any minute!
POST PRESS-CON UPDATES:
The apology!
Resignation?
How he got snagged.
The suspicious money transfers.
A chat with his lady of the night (Kristen).
The FBI "Emperors Club" Affidavit.
-- MDT
9/10/2007
Say it aint so, Client 9!
An afternoon press conference from City Hall should be starting any minute!
POST PRESS-CON UPDATES:
The apology!
Resignation?
How he got snagged.
The suspicious money transfers.
A chat with his lady of the night (Kristen).
The FBI "Emperors Club" Affidavit.
-- MDT
Labels: Eliot Spitzer, moral lapses of political leaders, prostitution
New York Sun Incredulous on State Inspector Investigation of Gov. Spitzer
And this surprises you? Check it out for the latest in NYC's governmental soap opera.
-- MDT
8/10/2007
-- MDT
Labels: Eliot Spitzer, investigation, Joseph Bruno, Kristine Hamann
Spitzer Investigated, The NYT Re-Caps
The Daily Caveat has been waiting for a good opportunity to jump in on the various alleged Spitzer administration-related investigations. I am sure that many - though not I - are currently looking fondly on the former New York Attorney General's misfortune. If you've been as lax in following this stuff as I have, please by all means make use of the New York Times' primer.
-- MDT
11/06/2006
-- MDT
Labels: Bank of New York, Darren Dopp, Eliot Spitzer, investigation, Joseph Bruno, William Howard
Not so Nice Profile of Eliot Spitzer, New York's Next Governor
New York Attorney General, Eliot Spitzer certainly has his supporters and, no doubt about it, his detractors as well. Tom Kirkendall over at Houston's Clear Thinkers falls more in the detractor column and, as Spitzer prepares to become New York's next governor, Kirkendall offers details on the dark side of Spitzer. And if by some chance you've been sleeping through that last few years of Spitzerized business regulation, here's some background.
-- MDT
8/30/2006
-- MDT
Labels: Eliot Spitzer, Houston's Clear Thinkers, New York AG
Review of New Eliot Spitzer Biography
Interesting indeed. Brooke Masters of The Washington Post has taken a stab at writing a bio of New York Attorney General, Eliot Spitzer. Read the handicap, courtesy of Prof. Bainbridge.
-- MDT
8/29/2006
-- MDT
Labels: Eliot Spitzer, New York AG
Prudential Settles Mutual Fund Case, To Pay $600 Million
The Rock is set to pay $600 million to settle charges arising out of New York Attorney General. Eliot Spitzer's investigation into mutual fund practices that began back in 2003. The settlement allows Prudential to avoid criminal prosecution and they represent the first company to settle in the wide-ranging market timing-related investigation.
A little background, via Bloomberg:
-- MDT
7/26/2006
A little background, via Bloomberg:
With the settlement, Prudential has admitted that criminal acts were undertaken under the company's auspicies between 1999 and 2003. Prudential's $600 joins a host of other large scale settlements arising from the Spitzer (and related) investigations. Get more details on those past settlements and the structure of the Prudential fine, here....Five former Prudential brokers and two branch managers in Boston were sued by the SEC and Massachusetts regulators for securities fraud in November 2003. Brokers used aliases to conduct short-term trades on behalf of seven hedge fund clients, driving up costs for the mutual funds' other shareholders, according to the complaints.
Using 183 accounts under phony names and identification numbers, the brokers made more than $3.2 million in net commissions from the trades between January 2001 and September 2003, according to the SEC. The group's ``success relied significantly on a lack of supervision by Prudential,'' the Massachusetts complaint said.
Martin Druffner, whom the government called the leader of one group, pleaded guilty in federal court last year to four counts each of wire fraud and securities fraud. Ex-broker Skifter Ajro also pleaded guilty last year to two counts each of wire and securities fraud. They haven't been sentenced.
Branch manager Robert Shannon pleaded guilty in May to a criminal charge of aiding and abetting securities fraud and was sentenced to three years of probation and a $5,000 fine...
-- MDT
Labels: Eliot Spitzer, New York AG
Tipster, Noreen Harrington, Set Sptizer Mutual Fund Investigation in Motion
Great article in the Washington Post, which shows how valuable key sources can be in the course of an investigation. Whether the investigator is involved in regulation or litigation, the identification, location and effective interviewing of knowledgable sources can produce greater returns than almost any other investigative process. In this case, the source was Noreen Harrington, who went out of her way to inform the office of New York Attorney General Eliot Spitzer that they should take a closer look at mutual funds...Fascinating.
-- MDT
6/15/2006
-- MDT
Labels: Eliot Spitzer, New York AG
Grasso Invokes 5th (Regularly) During SEC Depo
Via the WSJ's Law Blog:
-- MDT
5/11/2006
Grasso Took the 5th a Lot During His SEC Deposition150 times? Sheesh. More here. And more still, from CNNMoney.
June 15, 2006, 8:30 amPosted by Peter Lattman
Former NYSE chief Dick Grasso invoked his Fifth Amendment right to not answer questions more than 150 times in an SEC deposition looking into potentially improper trading on the NYSE, according to a story in today’s Wall Street Journal. The 2005 deposition, along with one taken earlier this year by Eliot Spitzer’s office regarding Grasso’s pay package, was released to the media yesterday...
-- MDT
Labels: Eliot Spitzer
Universal Music Settles Spitzer-Led Payola Charges
In July of last year the J-Lo really hit the fan, when New York Attorney General and all-around self-promoting regulatory pit-bull, Eliot Spitzer announced the findings resulting from the application of his unique charms to an investigation of recording industy radio promotion tactics (Spitzer launched the investigation in 2004). Back in July Spitzer dropped the hammer on Sony Music with internal documents detailing alll manner of illegal payola activities. This week Universal Music announced that it was settling similar charges for a cool $12 million.
-- MDT
-- MDT
Labels: Eliot Spitzer, New York AG
Hartford Financial Ends Fraud Probe with $20 Mil Settlement
Hartford had been under investigation by New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal whos' offices were exploring allegations that Hartford washad been making "secret payments" to insurance brokers in exchange for their recommeding Hartford group annuities to pension plans to customers. Spitzer has confirmed publicly that such payments were made, but indicated that pension plan managers themselves were likely ignorant of the kickbacks that were taking place. While Hartford is off the hook with a $20 million payment and probation, it is not yet known what, if any, action will be taken against the implicated brokers: Dietrich & Associates; Brentwood Asset Advisors; BCG Terminal Funding; and USI Consulting Group.
More here, via BusinessWeek.
-- MDT
3/20/2006
More here, via BusinessWeek.
-- MDT
Labels: Eliot Spitzer, New York AG
Spitzer Goes After H&R Block, The New York Sun Not Amused
No, no...just tell us what you really think?
-- MDT
3/15/2006
Spitzer Versus the PoorFor more vitriol, click here. For more on the story in more sedate language, click here.
New York Sun Editorial
March 17, 2006
"So the Lord High Executioner of Wall Street, Eliot Spitzer, now wants to make it "fraud" to help a poor person save for retirement. That's the message of the complaint filed this week in New York State court in Manhattan in The People of the State of New York against H&R Block. Those who have been following Mr. Spitzer for years now thought they'd pretty much seen it all, but for an example of leftist ideology run amok, this lawsuit sets a new standard of cynicism, denying those of modest means a first step into the system of capitalism and savings that is enjoyed with impunity by wealthy leftists such as Mr. Spitzer himself."
-- MDT
Labels: Eliot Spitzer
Bear Stearns Reaches Settlement with SEC on Fund Probe
Bear Stearns has agreed to pay $250 million to settle SEC charges that the investment firm assisted its hedge fund clients in illegally trading mutual fund shares. Bear Stearns has been facing accusations of illegal activities on this front since 2003 when New York Attorney General Eliot Spitzer first brought forth accusations that the company swindled investors on behalf of its hedge fun clients.
More here.
-- MDT
More here.
-- MDT
Labels: Eliot Spitzer, New York AG
