...what did Elliot Spitzer know and when did he know it?
It was jailing mobsters that enabled Rudolph Guiliani to get the media attention that spurred his mayoral campaign years later.
For Elliot Spitzer it was getting the less than honest Wall Streeters to clean up their act that enabled him to run for Governor. (BTW, you show me a state attorney general who doesn't want to be a governor, and I'll show you an an attorney general without a pulse.)
During Mr. Spitzer's tenure as AG -- he went on the attack. Check out this fawning piece from Slate -- it reads like a press release. Give him credit, he was persistent.
Yet, for some unknown reason, he missed the biggest Ponzi scheme that was run in his jurisdiction. In hindsight, all the red flags are a little more than obvious. But for someone who was spoiling for a fight and looking out for the "little guy" he certainly missed out. Big time. In fact, the British press are reporting that he was bilked by Madoff & Company.
Nonetheless, it provokes questions about the sincerity of his efforts while he was the Attorney General.
It's a good thing he's no longer the Governor of New York. This would have been embarrassing.
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