By: Idagf

Idagf — Tue, 20 Jul 2004 14:03:54 +0000

Just another hollow lawsuit brought by Mr.Grasso.
His only intent seems to be to achieve a level of notoriety which he seems to be achieving,but as what ?
He begins with lofty headline grabbing statements cloaks them in civil law suits and then claims victory when he settles a case.
This case is a wonderful demonstration of his “power” ,he begins claiming he will bankrupt the individual but settles for pennies .
$50,000 is a long way from $20,000,000.
Eliot Spitzer is a failure as a NY State Attorney General ,his lawsuits do not bring any change only headlines.
Mr.Spitzer is also suing Mr.Grasso,former head of the NYSE,concerning Mr.Grassos pay package yet Mr.Spitzer failed to include the man who signed the contract ,Mr.H.Carl McCall.
Mr.McCall is a very prominent member of the NYS Democratic Party Leadership and former NYS Comptroller.
Mr.McCall went from his job as Comptroller to working on annd finally becoming Chairman of the NYSE Compensation Comittee.
A rather cozy relationship and certainly worth investing at the level of Conflict of Interest,Ethics and Morality.
The NYS Retirement fund which Mr.McCall was sole steward is second in size only to California.
He chose where,when and how much to invest and then leaves that job and becomes Cairman of the Compensation Comittee of the NYSE.
What “ism” is that ?
Nepotism ?
Favoritism ?
Mr.Spitzer is a well funded circus show.
He has shown no teeth.

By: JEB

JEB — Tue, 20 Jul 2004 04:30:28 +0000

It appears that the AG has done nothing. The “Spam King” can still send out spam.

Comments on: BREAKING NEWS: NY State Attorney General Reaches Settlement With Spam King Scott Richter

By: Idagf

By: JEB