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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (20025)10/15/2004 11:00:16 AM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 110194
 
Spitzer has a very elitist background as i recall--he's got a lot of connections and friends in high places. he's a one-off; most highly capable people with his background of affluence and elite privilege are in the private sector, banking millions a year at white-shoe law firms. but Spitzer has literally worn the same pair of shoes for over a decade, and they have holes in them; they're certainly not white.

this job is a calling or vocation for him--it's obviously not about the money. i think the US system, while extremely corrupt at a systemic level, is not so bad that watchdogs like Spitzer yet need to fear for their lives by nipping at the heels of legal multimillionaires and billionaires. he'd be in more danger going after drug lords. basically, i think it comes down to the fact that the US is still rich enough to afford to have a pit bull. his ilk may be tolerated less in a severe economic downturn. still, it must be admitted that gadflying is risky business--just look at what happened to Socrates.



To: Jim Willie CB who wrote (20025)10/15/2004 12:27:56 PM
From: Haim R. Branisteanu  Respond to of 110194
 
... and just wonder why no accident happen to AG after inflicting so much damage to so many regular folks who saved for retirement and now trying to live on a meager interest income …. may be he has to many powerful friends ?



To: Jim Willie CB who wrote (20025)10/15/2004 2:02:14 PM
From: Proud Deplorable  Respond to of 110194
 
I had similar thoughts about my dear friend Michael Moore who is now working on a movie exposing the corruption in the health care and pharmaceutical industry.



To: Jim Willie CB who wrote (20025)10/15/2004 3:46:04 PM
From: Paul Chiu  Read Replies (1) | Respond to of 110194
 
Spitzer wants higher office at the cost of billions to the American economy.

Last year, he helped screw the markets with the Grasso fiasco. This year, as the market is rebounding, he hopes to steal more publicity for himself during this period before the presidential election.

It won't be long until the people he is pissing off come up with stuff in Spitzer's closet. Remember that Spitzer made tens of millions himself with hedge funds in the 90's. Spitzer knows about the inner dealings, which likely made him that money.

Higher office for Spitzer? Probably in New York, as even a Schumer can be senator.

Any higher national position is unlikely for Spitzer, unless he helps capture bin Laden.