Eliot Spitzer

Eliot Spitzer Explains The Bailout: ‘This Was A Ponzi Scheme, An Inside Job’

Eliot Spitzer Explains The Bailout: ‘This Was A Ponzi Scheme, An Inside Job’
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Eliot Spitzer says Bailout was Ponzi Scheme and Inside Job - MP3 Audio
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msnbc.com Video Player. :
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Read the whole story: MSNBC
http://www.msnbc.msn.com/id/21134540/vp/32124060#32124060

Op ed piece in the Wash Post: Predatory Lenders’ Partner in Crime - How the Bush Administration Stopped the States From Stepping In to Help Consumers By Eliot Spitzer

Quote: A wiretap allegedly recorded the setting up of a Washington, D.C., appointment between him and an Emperors Club “model.” … “Kristen” met with Client 9 the night of February 13, 2008, according to the affidavit, after describing herself as “petite, very pretty brunette, 5 feet 5 inches, 105 pounds”. They were finished, three hours and $4,300 later. … “Kristen” then called a colleague at the Emperors Club and said that she liked Client 9. “I don’t think he’s difficult,” she said.

The night before Spitzer’s piece was published.

Spitzer: Federal Reserve is ‘a Ponzi scheme, an inside job’

Spitzer: Federal Reserve is ‘a Ponzi scheme, an inside job’
By Daniel Tencer
Published: July 25, 2009

The Federal Reserve — the quasi-autonomous body that controls the US’s money supply — is a “Ponzi scheme” that created “bubble after bubble” in the US economy and needs to be held accountable for its actions, says Eliot Spitzer, the former governor and attorney-general of New York.

In a wide-ranging discussion of the bank bailouts on MSNBC’s Morning Meeting, host Dylan Ratigan described the process by which the Federal Reserve exchanged $13.9 trillion of bad bank debt for cash that it gave to the struggling banks.

Spitzer — who built a reputation as “the Sheriff of Wall Street” for his zealous prosecutions of corporate crime as New York’s attorney-general and then resigned as the state’s governor over revelations he had paid for prostitutes — seemed to agree with Ratigan that the bank bailout amounts to “America’s greatest theft and cover-up ever.”

Eliot Spitzer posits mega-billion $$ "inside job"

Eliot Spitzer is a Conspiracy Theorist, of the financial sort. From salon.com:

It all appears, once again, to be the same insiders protecting themselves against sharing the pain and risk of their own bad adventure. The payments to AIG's counterparties are justified with an appeal to the sanctity of contract. If AIG's contracts turned out to be shaky, the theory goes, then the whole edifice of the financial system would collapse.

Spitzer's Mouthpiece Has His Own Secrets To Hide; About 9/11

Source: www.rawstory.com

Peter Lance
Published: Tuesday March 18, 2008

As the sex scandal hurricane engulfed Eliott Spitzer last week, one of his closest advisors at the eye of the storm was Dietrich “Dieter” Snell. An ex U.S. Attorney from the same office conducting the prostitution probe, Snell is now defending Spitzer in the “Troopergate” scandal and reportedly raking in hundreds of thousands of dollars in legal fees for the international law firm he joined last year.

A former Southern District prosecutor who later became Senior Counsel to the 9/11 Commission, Snell is also one of the ex Feds who rewrote history in the Commission’s “Final Report” by relying entirely on the tortured “confession” of 9/11’s purported “mastermind” to pinpoint the origin of the “planes as missiles” plot.

He’s the same investigator who dismissed as not “sufficiently credible” the testimony of a decorated Navy Captain who was part of a secret data mining operation that uncovered evidence of 9/11 hijackers in the U.S. more than a year before the attacks.

NY Governor Linked To Prostitution Ring

Maybe we should have had hookers deliver the petition in 2004. - Jon

Source: ap.google.com

11 minutes ago

NEW YORK (AP) — The New York Times is reporting that Gov. Eliot Spitzer has told senior advisers that he had been involved in a prostitution ring.

Spitzer is scheduled to make an announcement Monday afternoon. Spitzer officials wouldn't immediately comment on the story.

Spitzer, 48, is married and has three daughters.

Details about the prostitution ring were not immediately clear.

But last week, federal prosecutors in Manhattan filed conspiracy charges against four people accusing them of running a prostitution ring that charged wealthy clients in Europe and the U.S. thousands of dollars for prostitutes.

9/11 Memorial Service Moved From Ground Zero Without Consulting The 9/11 Families

Very sad, and infuriating at the same time. Just today two more victims were discovered.

The families respond...

(Continued after the jump)

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