So it seems Eliot Spitzer feels comfortable enough in his Slate environs to criticize Obama’s $500,000 pay cap as not being draconian enough. I guess he must be thinking that the fewer rich CEOs in NYC, the lower the prices at the Emperor’s Club.
He is not anywhere close to being ready for public consumption, in my opinion. You would think he would have the decency not to comment on any public figure’s conduct, giving his gross misdeeds, and yet he is getting on his high horse to decry CEOs’ use of bailout money as “outrageous.” No Eliot, using taxpayer money to rent hotel rooms for trysts with prostitutes is outrageous.
Also, it’s hard to listen to him propose solutions for problems he himself helped author. AIG, specifically, would likely be in a better place if Spitzer hadn’t, in a similarly self-righteous fit, forced out Hank Greenberg. I think a lot of AIG’s shareholders would have made do with Greenberg’s “outrageous” behavior in order to avoid their current dire straits.
Spitzer obviously hasn’t learned his lesson. If he really wants to be a “reformer” again, he should be thinking about decades, not months, before his public comeback.
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