More to come on this as Eliot Spitzer is having a sort of resurrection as a columnist for Slate, along with his experience as a prosecutor going after AIG. Here’s a WSJ editorial on Spitzer from today:
New York’s energetic former governor, Eliot Spitzer, was chatting yesterday morning with Brian Lehrer of National Public Radio. With AIG serving as this week’s bulls-eye, it was inevitable that an interviewer would find his way to Mr. Spitzer, who as New York Attorney General famously took a legal wrecking ball to the insurer.
When Mr. Lehrer noted that these columns “went after” Mr. Spitzer’s handling of the case, the former governor of New York, as is his wont, went off on us.
“The Journal Editorial Page has been wrong on just about every issue out there and I hope nobody relies upon them to make important life decisions.”
There was more: “The Wall Street Journal Editorial Page, I think everyone should keep in mind, speaks to an ideology that is precisely the ideology of that last 10 years that got us to where we are. Never wanting a regulatory framework that would require either adequate capital, reasonable controls or an examination of the types of remarkably outsized risks that we are talking about. So you have a clear ideological choice to be made here. Either The Wall Street Journal Editorial Page or the one that I think we are all now gravitating towards which is sound, reasonable regulation.”
It is good to see Mr. Spitzer back in form. We plan to take his view that we have been wrong on everything for 10 years as, in its own peculiar way, a vote of confidence.





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