What They Say!

Spitzer, Partnoy, and Black are all very smart and experienced and this Administration should listen to them.

Now a lot of folks think that Eliot Spitzer has lost all credibility for the “scandal” surrounding his hooker visits. I am not coming from there. Frankly I could care less who he was bopping and how much it cost. My concern was that he left his money in HSBC after he had targeted them for “Fraud, etc.” And, as expected, HSBC flagged his accounts. So, Spitzer was brought down for transactions under the $10,000.00 threshold that were all transfers of his own money. That to me is his real “crime:” arrogance or stupidity or both.

That said, he really does have credibility on the subject of AIG and the possible collusion between them, the Fed, and Goldman Sachs.

This Op-Ed is a must read for anyone who cares about the future of our Financial Services Industrial-Complex and how it infects our Economy and Policies.

Bring back Glass-Steagall!