The Importance of Being Eliot

The Former Sheriff of Wall Street is Back

Wall Street – and some of Asia’s markets as well – should really panic if New York’s voters give Eliot Spitzer (again) to troll through corporate records looking for wrongdoing – and if the name Jesse M. Unruh rings a bell.

Spitzer, the disgraced former New York governor and attorney general best remembered for his forced resignation five years ago after being revealed as “client #9” in the wake of a prostitution scandal, announced last week his return to the political spotlight by running for office – as the New York City Comptroller.

One would be forgiven for thinking the Harvard-trained lawyer – once considered in some quarters to be on his way to the White House – has gone low and cheap to run for a backwater auditing office best associated with pallid career politicians. But no, Spitzer the corporate scourge has other ideas.

You can find the entire column here.