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This information originally came to the attention of authorities from a federal wiretap. Spitzer had at least seven or eight liaisons with women from the agency over six months, and paid more than $15,000. According to published reports, investigators believe Spitzer paid up to $80,000 for prostitutes over a period of several years while he was Attorney General, and later as Governor. Spitzer first drew the attention of federal investigators when his bank reported suspicious money transfers, which initially led investigators to believe that Spitzer may have been hiding bribe proceeds. The investigation of the governor led to the discovery of the prostitution ring.
Predatory lending was widely understood to present a looming national crisis. This threat was so clear that as New York attorney general, I joined with colleagues in the other 49 states in attempting to fill the void left by the federal government. Individually, and together, state attorneys general of both parties brought litigation or entered into settlements with many subprime lenders that were engaged in predatory lending practices.
Several state legislatures, including New York's, enacted laws aimed at curbing such practices. ad_icon What did the Bush administration do in response? Did it reverse course and decide to take action to halt this burgeoning scourge? As Americans are now painfully aware, with hundreds of thousands of homeowners facing foreclosure and our markets reeling, the answer is a resounding no.
Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye.
Originally posted by Maxmars
Firstly, he was never charged with the crime.
Second, he was never convicted of the crime.
Because people like you, and many others, will roil and flail about..., no publicity is bad publicity!
Firstly, he was never charged with the crime.
Second, he was never convicted of the crime.
Originally posted by NightVision
Even if your hearts in the right place, if you screw it up, even slightly, YOU'RE OUT.
Originally posted by yeahright
So, hookers and "initially led investigators to believe that Spitzer may have been hiding bribe proceeds." Big deal. The hooker thing is between him and his wife in my opinion.
Originally posted by yeahright
Everything is up for grabs in that the accusation is enough to blackball you? That's not only severe, it's self defeating. If the guy has something to offer he ought to be allowed to provide it. A dalliance with a pro doesn't invalidate his value as a former insider.
That's what I know.