Why Eliot Spitzer Is Wall Street’s Worst Nightmare by Ellen Brown

by Ellen Brown
Writer, Dandelion Salad
August 19, 2013

Eliot Spitzer - Caricature

Image by DonkeyHotey via Flickr

Before Eliot Spitzer’s infamous resignation as governor of New York in March 2008, he was one of our fiercest champions against Wall Street corruption, in a state that had some of the toughest legislation for controlling the banks. It may not be a coincidence that the revelation of his indiscretions with a high-priced call girl came less than a month after he published a bold editorial in the Washington Post titled “Predatory Lenders’ Partner in Crime: How the Bush Administration Stopped the States from Stepping in to Help Consumers.”  The editorial exposed the collusion between the Treasury, the Federal Reserve and Wall Street in deregulating the banks in the guise of regulating them, by taking regulatory power away from the states. It was an issue of the federal government versus the states, with the Feds representing the banks and the states representing consumers.

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NY Governor Spitzer involved in Prostitution Ring!! (videos) + Sources: Spitzer Resignation Expected (updated)

Dandelion Salad

Updated: previous videos no longer available.

Replaced with similar videos Oct. 9, 2010 Continue reading