Assuming that the Gloria Wise Boys & Girls Club is a New York not-for-profit organization, Attorney General Elliott Spitzer has authority to step in, investigate and take action to prevent unlawful expenditures or waste of the organization's assts. It was that very authority which Spitzer used to challenge the compensation package of Dick Grasso, the former Chairman of the New York Stock Exchange. The NYSE is a New York not-for-profit corporation, so Spitzer had the authority to step in and challenge the compensation package as excessive, even though it had been approved by the NYSE Board. Of course, since all involved here appear to be of the RAT persuasion, it will indeed be a cold day in hell before we hear from Mr. Spitzer.
New Yorkers donate billions to charity every year. The Attorney General's Charities Bureau is responsible for supervising charitable organizations to insure that donors and beneficiaries of those charities are protected from unscrupulous practices in the solicitation and management of charitable assets. The Bureau also supervises the activity of foundations and other charities to insure that their funds and other property devoted to charitable purposes are properly used. The Trusts and Estates Section protects the interest of the public as ultimate beneficiaries of gifts and bequests contained in wills, trust agreements, deeds and corporate charters. The Bureau is also responsible for monitoring charitable registrations as mandated by law.
The most likely explanation for the inactivity from Attorney General Spitzers office is that The New York Times hasnt published a story about the scandal. Just as suspects in Aruba know that No body, No Crime, Spitzer knows that No NYT article, no scandal.