Word: spitzers
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Dates: during 2000-2009
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Nevertheless, the days of e-mails driving prosecutions may be coming to an end. Eliot Spitzer exploded e-mail onto the legal scene in the early part of this decade. As New York attorney general, Spitzer used internal e-mails sent by analysts to prove that Wall Street firms were pushing stocks their professionals didn't believe were good investments just to generate investment-banking fees. In one famous case, former Merrill Lynch analyst Henry Blodget told investors to buy stocks about which he privately wrote in e-mails to colleagues were "horrible," a "disaster" and a "POS," or piece...
These days, even Spitzer acknowledges the limitations of e-mail in winning prosecutions. "Prosecutors, defense attorneys and jurors will continue to see e-mails as powerful pieces of evidence," says Spitzer, who is now teaching a class on law and public policy at the City College of New York. "It's a powerful window into what someone is thinking at the time, but it's limited to that time and can often be misunderstood...
...Staff writer Elyssa A.L. Spitzer can be reached at spitzer@fas.harvard.edu...
...Staff writer Elyssa A.L. Spitzer can be reached at spitzer@fas.harvard.edu...
...Elyssa A.L. Spitzer contributed to the reporting of this story...