Tuesday, March 11, 2008

Wall Street Cheers As Its Nemesis Plunges Into Crisis - WSJ.com

"But in his eight-year run as New York attorney general, ending in 2006, Mr. Spitzer appeared at times to get personal in pursuing individuals. Critics said he bullied opponents, threatening to publicly reveal embarrassing details of a company's business or an executive's conduct to force management changes or headline-grabbing fines. In the case against Mr. Grasso, lawyers working for Mr. Spitzer asked the former Big Board chairman in a deposition about personal relationships and collected information about Mr. Grasso's spending habits and his family's travel."

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