In May 2004, Spitzer went after NYSE Stock Exchange CEO Dick Grasso for "excessive compensation." Grasso accused Spitzer of charging him just to make a name for himself. The NY court of appeals dismissed all charges against Grasso.
In May 2005, Spitzer went after American International Group (AIG) for insurance fraud. Spitzer filed a civil complaint against Maurice R. "Hank" Greenberg (Chairman and CEO) and Howard I. Smith (ex-CFO of AIG), alleging fraudulent business practice, securities fraud, common law fraud, and other violations of insurance and securities laws. Spitzer declined to bring any criminal charges against Greenberg, and two of the civil charges were dropped in September 2006.
In December 2005, John C. Whitehead, chairman of the Lower Manhattan Development Corporation, alleged that Spitzer had threatened him during a telephone call that took place in April 2005. Whitehead alleged that Spitzer called him regarding a Wall Street Journal opinion piece that he wrote about Spitzer's public comments regarding Maurice R. Greenberg. According to the allegation, Spitzer threatened, "Mr. Whitehead, it's now a war between us and you've fired the first shot. I will be coming after you. You will pay the price. This is only the beginning and you will pay dearly for what you have done. You will wish you had never written that letter." Spitzer has denied the allegation.
During Andrew Cuomo's tenure as Attorney General, it was discovered that Eliot Spitzer ordered the New York State Police to keep special records of then Senate majority leader Joseph Bruno's whereabouts when he traveled with police escorts in New York City. The created documents meant to cause political damage to Bruno. Spitzer (now Governor) responded by accepting responsibility and issuing an apology to Bruno.
Spitzer eventually resigned as Governer over a sexual scandal with a young prostitute. Cuomo also resigned as Governor over multiple sexual abuse allegations.
In August 2013, District Attorney Eric Schneiderman filed a $40 million civil lawsuit against Donald Trump for his "Trump University" alleging it to be an "unlicensed university"[30] and calling it a "bait-and-switch scheme". In October 2014, a New York judge found Trump personally liable for the institution's not having the required license.
In 2017, Schneiderman filed over 50 lawsuits opposing President Trump's environmental actions that sought to scrap numerous Obama-era environmental regulations.
Schneiderman later resigned over multiple sexual abuse allegations.
Barbara Underwood was appointed to fill out Schneiderman's remaining seven month term, and Letitia James won the next election for New York State Attorney General.
And that's where we are now. As DJ Casey Kasem used to say, "And the hits just keep on coming!"
-PJ
Thanks for the informative post. It looks as if I had the
right mindset all along regarding New York, not that I can
brag from California.
Like you tagline too. Exactly right...