Sunday, July 07, 2013

Eliot Spitzer Is Nothing Like Anthony Weiner:

Spitzer was, as New York State Attorney General, a terrifying and fascinating figure. He had learned from his legendary former boss Robert Morgenthau that under-resourced public prosecutors can’t beat deep-pocketed law firms on a level playing field, and that where banks and wealthy defendants may have time and money on their side, prosecutors can use the press to erase at least the first advantage. He leaked shamelessly, and even as he denied leaking, playing extremely high-stakes games with the stock prices of major corporations. He understood the power of fear and the innate conservatism of corporate executives, and persuaded much of New York City’s financial elite that he was actually out of his mind — an incredibly valuable perception in high-stakes negotiations.