Word: spitzers
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Dates: during 2000-2009
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...many Americans, Spitzer in 2002 personified integrity and trust. After the Internet boom blew out and their stock and 401(k) holdings evaporated, it was nice to find someone--anyone--who seemed to be fighting on their behalf. By taking on Wall Street, Spitzer clearly touched a chord. At the exclusive University Club in midtown Manhattan, under tall marble columns resembling those of an Italian palazzo, a well-dressed gentleman walks through a crowd toward Spitzer just to say, "Keep it up, Eliot!" Later, outside the attorney general's office near Wall Street, a young man crossing the street recognizes...
...Spitzer is that he's ambitious, that he has his eye on a bigger prize. To his (off-the-record) critics on Wall Street, his pursuit of investment banks smacks of opportunism and grandstanding, of a public official out of control. "This could have been handled more effectively away from the glare of the press," says a senior executive at one of the banks Spitzer has gone after. But if this is all a political ploy, a platform from which to run someday for, say, Governor of New York, it's certainly not in most politicians' playbooks to take...
...Spitzer didn't help his case at the Institutional Investor dinner. He surprised himself by accepting the invitation and surprised his wife, Silda Wall, by delivering the speech he had drafted. After the e-mail crack, he went on the offensive. He told the crowd that the awards--for the magazine's 31st annual All America Research Team--were essentially a sham and that, on the basis of his research, virtually none of the honorees merited praise. Several attendees muttered expletives and walked...
...When Spitzer gave the order to subpoena every relevant e-mail he could get his hands on, he had no idea he would get the smoking guns that materialized. Merrill Lynch complied promptly, perhaps unaware of the documents' incriminating nature. Over six weeks in March and April, the investment bank sent 30 big boxes of e-mail, snapshots from the hard drives of Internet-company analyst Henry Blodget and his team...
...experience for Spitzer, who had never tried to build a case from an unsorted, unedited stack of e-mail. For more than a month, Dinallo, who runs the investor-protection arm of the office, and a few associates hunkered down, reading the messages at work, over lunch, in bed at home. An empty office became the war room, a place where the staff could read and catalog what turned out to be 94,439 pages of e-mail. "I read a large portion of them," says Dinallo, a bright, energetic lawyer whose off-hour passions are chess and vintage comics...