Spitzer and white-collar prosecution: live by the sword…

I’ve got a piece in this morning’s National Review Online on some of the ironies of the Spitzer scandal, which recalls echoes of the former prosecutor’s own “imperial CEO” rhetoric and may hinge on a crime — the “structuring” of cash transactions — whose enactment was very much part of the trend toward more ferocious […]

I’ve got a piece in this morning’s National Review Online on some of the ironies of the Spitzer scandal, which recalls echoes of the former prosecutor’s own “imperial CEO” rhetoric and may hinge on a crime — the “structuring” of cash transactions — whose enactment was very much part of the trend toward more ferocious white-collar law enforcement that you might call Spitzerization. (Walter Olson, “Saving Spitzer”, Mar. 11). P.S. I’ve also rounded up a lot of web coverage of the scandal over at Point of Law.

3 Comments

  • Yawn. No one outside of NY cares, and it’s not even tangentially related to your blog’s theme.

    I came here to escape the endless Spitzer commentary — time to look elsewhere.

  • Michael: What a bizarre comment. If there is a single public figure that not only truly represents, but also zealously contributes to, “the high cost of our legal system” that person is Spitzer.

    Spitzer’s career is so related to the theme of this blog I have often marveled that he doesn’t have his own category. And if you think that Spitzer is just a New York problem, then you must either live completely outside the economy that has been repeatedly damaged by his destructive behaviour (and have no idea how it works), or you just don’t pay enough attention to legal news to make your rude complaint worth time it wasted on everyone’s screen.

  • I live in Texas.

    The parent company of the company I work for lost BILLIONS (yes, with a “B”) of dollars to Spitzer (he screwed them over for what was, at the time, industry standard practice).

    That’s just one case among many.