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January 06, 2006

Petard Hoist?

The NY Post reports that the state's GOP Chairman has filed a FOIA request for copies of all of NYS Attorney General Eliot Spitzer's emails relating to his alleged threats against Lower Manhattan Development Corp. head (and Republican fund raiser) John Whitehead.

As everyone in the securities industry remembers, Spitzer's rise to fame as a hard-charging prosecutor began with his use of private emails between investment bankers and research analysts in order to shake down Wall Street brokerage firms for allegedly deceiving investors during the internet bubble. Now, the question is was Spitzer dumb enough (or arrogant enough) to forget the new Wall Street adage to "never put anything in an email you don't want Eliot Spitzer to read?" Here's hoping. . .

January 6, 2006 at 06:15 AM | Permalink


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