Free Republic

...Mr. Spitzer has discovered bad behavior in so-called bid-rigging by insurance brokers.... Soliciting fake bids to drive up prices is a crime, and Mr. Spitzer has already won two guilty pleas from employees of AIG. At least in this case the New York AG has charged people for breaking the law. This is a prosecutor's main duty, but in his previous financial crusades Mr. Spitzer has used public mau-mauing to scare his targets into a settlement rather than prove something to a jury beyond a reasonable doubt. But bid-rigging aside, Mr. Spitzer's goal seems to be nothing short of altering...