Wednesday, November 26, 2008

On Keeping It Zipped

[Time to revisit this post in light of a developing story]
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It’s unfortunate on so many levels that Eliot Spitzer couldn’t keep it zipped.

Blowing up his marriage was the worst part; the damage he inflicted upon his wife and daughters can never be repaired, no matter how well-insulated they may appear to be in their Fifth Avenue home.

But to have wasted all the determination, talent and leadership he displayed as New York’s Attorney General and then as its Governor in going after the bad guys on Wall Street really hurts all of us, especially now.

Certainly it would have taken much more than one person to have pointed out all the financial chicanery that has produced the current mess. And maybe there was no whistle loud enough.

But Elliot Spitzer had begun to sniff it out over a year ago, and had inspired a team of young attorneys to follow the money and pursue prosecutions in cases involving Wall Street excess.

His stupidity and selfishness brought it all to a hard stop at absolutely the wrong time.

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