left arrow BackNext right arrow
< BACK TO Fresh Intelligence

Wall Street Scumbags Not Crying Over Spitzer

elandsil.jpg
"HONEY, I FUCKED A HO" Spitzer and the missus (Photo: Getty Images)
If words were stocks, the value of "schadenfreude" would be going through the roof right now: none of his political enemies are enjoying Eliot Spitzer's troubles more than his frequent targets on Wall Street. While you might expect a little sympathy, or at least understanding, from financial services types—who knows better about fucking whores than those guys?—you need to remember that Governor Wannadate built his career on the intensive public prosecution of those in the investment industries. Up and down Wall Street you can still hear the plaintive wails of his shattered victims:

• Former Goldman Sachs chair John C. Whitehead was the victim of a Spitzer "tirade," threatened "with 'war' over his public criticism of a case. 'I was astounded,' Mr. Whitehead wrote. 'No one had ever talked to me like that before. It was a little scary." [NYT]

• "'He actually believes he's above the law,' said Ken Langone, a former New York Stock Exchange director who now heads a small investment-banking firm. In his role as prosecutor, Mr. Spitzer sued Mr. Langone for his role in doling out the large pay package of former New York Stock Exchange CEO Dick Grasso. 'I have never had any doubt about his lack of character and integrity—and he's proven me correct.'" [WSJ]

• Friends of Grasso "recalled that Spitzer aides had circulated allegations, never substantiated, that Mr. Grasso had had an improper relationship with his secretary." Among those friends, "Andrew Sabin... said he spoke briefly with Mr. Grasso's wife, Lori. 'I said I'd buy Dick some champagne,' said Mr. Sabin, owner of precious-metals firm Sabin Commodities. 'I'm sure he's happy. I'm sure everybody on Wall Street is happy.'"

Was there no one on the Street to express dismay at the prostitute-screwing governor's untimely fall? Well, sure, but it was one of those corporate-governance experts, who of course would want to make sure that someone was monitoring the way the industry was regulated. Nell Minnow told the Journal: "I'm a huge fan of Eliot Spitzer, and I'll be very sorry if this is the end of his political career. Wall Street is singing, 'Ding, dong, the witch is dead,' but Spitzer set an expectation of better oversight by officials that will continue."

Unfortunately for Spitzer, that oversight will continue while Spitzer himself is elsewhere, possibly fucking whores.

Comments

Be the first to respond. Post your comment below.

Advertisement


Post a comment

Your comment will not be visible for about a minute. If you don't see your comment when the page reloads, do not post it again. Reload the page in a minute, and you'll see it.

 


Stormy Handsy Sober Weekend Ahead!

Bear Busts Pot Farm

RNC Convention: The Final Chapter

Manhunting For Public Health

David Cho Introduces You To The Seductive Arts Of The Donk

America Hoping Condi's Sex Appeal Will Make Gaddafi Forget All About That Lockerbie Stuff

Yigal Azrouel Overrun by Youth, Andre Leon Talley

When Politicians Make Bad Choices

Fashion Week Begins

'NYT' Shrinks Radically


EXECUTIVE EDITOR:


MANAGING EDITOR:


EDITOR AT LARGE:


STAFF WRITER:


CONTRIBUTORS:



and others



Email us at:
tips@radaronline.com
or IM: TipRadar







The Vice Storm
America's scandalous weathermen

Making Number Two
A brief history of disastrous vice presidential choices

Radlibs: Convention Edition
Create a magic, base-stirring moment with Radar's nomination acceptance speech generator

Full Court Press
Charles Kaiser on McCain's McGovern Moment

Friends Without Benefits
For some celebrities, pals are found on the payroll





Bristol's Mom
She's got it going on

Andrea Mitchell Battles Republican Balloons
She loses

The Best Political Pundit In The Entire World
Someone give this man a show

They Don't Call Her Sarah Baracuda For Nothing
How John McCain Picked Sarah Palin

An Exclusive Preview From The Forthcoming Feature Film "Choke"
Here's A First Look At The Film Adaptation Of Chuck Palahniuk's Choke