This morning, disgraced New York Governor Eliot Spitzer resigned for his involvement with a high-end call-girl service. With his wife Silda at his side, he stoically conceded error and stepped down. It was short and sweet. And a strange diversion. But questions remain because of the timing and because of enemies Spitzer has made, notably on Wall Street. Paul Campos, a professor of law at the University of Colorado, discusses this in the Rocky Mountain News, courtesy of commondreams.org.
It’s hardly a stretch to imagine that Spitzer, a man with countless enemies
in the financial world, would be the target of such a vendetta.
This in
turn raises a host of questions about how and why the subsequent IRS
investigation
turned into an FBI sting operation. The story being given out
by the feds is that Spitzer’s financial affairs were investigated initially
because of the possibility the transactions involved bribes or kickbacks of some
sort.That’s pretty unbelievable. Spitzer is an heir to an immense family
fortune, and the amounts of cash in question would almost surely not be large
enough to create a reasonable suspicion of bribery in this instance.
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