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Eliot Spitzer

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  • NEW YORK, Oct 10- Last week, New York Attorney General Eric Schneiderman, who is the co-chairman of the Residential Mortgage-Backed Securities Working Group- which President Obama formed earlier this year to investigate who was responsible for the misconduct that led to the financial crisis- filed a complaint against JPMorgan Chase.

  • Too late for NY prosecution in securities meltdown Thursday, 4 Oct 2012 | 12:22 AM ET

    ALBANY, N.Y.-- While New York Attorney General Eric Schneiderman alleges massive fraud in mortgage-backed securities in a lawsuit filed this week, he's not criminally prosecuting anyone. The civil suit claims misconduct by Bear Stearns& Co. in 2006-2007 cost investors $22.5 billion in losses and left them holding an additional $30 billion in bad loans.

  • Bank Regulation Case Pits U.S. Against States Wednesday, 29 Apr 2009 | 10:56 AM ET

    The Supreme Court heard arguments on Tuesday in a case that could change the way big banks are regulated.

  • Spitzer Is Back in D.C., This Time in Real Estate Friday, 6 Mar 2009 | 6:20 AM ET

    Disgraced former Gov. Eliot Spitzer is working as a commercial real estate investor and has bought an office building just a block from the site of the infamous encounter with a high-class prostitute that led to his downfall.

  • Spitzer Starting Distressed-Real-Estate Vulture Fund? Wednesday, 11 Jun 2008 | 4:55 AM ET

    Former New York Gov. Eliot Spitzer is looking at a number of options to possibly invest in distressed real estate, but does not yet have a formal plan, according to a source familiar with the matter.

  • The Sheriff of Wall Street 'Got His Comeuppance' Wednesday, 12 Mar 2008 | 3:20 PM ET
    Eliot Spitzer

    Gov. Eliot Spitzer's resignation was cheered by some power brokers on Wall Street, who resented what they onsidered his heavy-handed and self-righteous ways.

  • Spitzer's Successor Is NY's First Black Governor Wednesday, 12 Mar 2008 | 12:24 PM ET
    David Paterson

    With the resignation of Eliot Spitzer, Lt. Governor David A. Paterson will become New York's first African-American governor and the first-ever legally blind governor in U.S. history.

  • World's Oldest Profession Now Going High-Tech Wednesday, 12 Mar 2008 | 11:26 AM ET

    The prostitution scandal involving New York Gov. Eliot Spitzer lays bare some of the inner workings of modern-day sex work: text messaging to clock in the client, electronic fund transfers, a Web site featuring color photos, prices and rankings.

  • Spitzer Resigns as Governor Over Call-Girl Scandal Wednesday, 12 Mar 2008 | 9:31 AM ET
    Elliot Spitzer

    Eliot Spitzer resigned as governor of New York after being implicated in a prostitution ring. He  will be succeeded by Lt. Gov. David Paterson.

  • How Client 9 Got Caught Tuesday, 11 Mar 2008 | 5:07 PM ET
    Eliot Spitzer

    The  criminal investigation that discovered Governor Eliot Spitzer's tryst began last year in a nondescript office building opposite a Dunkin’ Donuts on Long Island, according to law enforcement officials.

  • Spitzer's Successor Would Be NY's First Black Governor Tuesday, 11 Mar 2008 | 4:52 PM ET
    David Paterson

    If Eliot Spitzer resigns, he would be succeeded by Lt. Governor David A. Paterson, who would become New York's first African-American governor and the first who is legally blind.

  • The Career of Eliot Spitzer Tuesday, 11 Mar 2008 | 4:51 PM ET

    Eliot Spitzer took office as New York's governor on the first day of 2007, with a record margin of victory. But his first year as governor was rocky and his reform-based platform hit early roadblocks.

  • Legacy of a Crime Fighter Tuesday, 11 Mar 2008 | 4:49 PM ET

    Though Wall Street has been quick to judge the character failings of Gov. Eliot Spitzer following his alleged participation in a prostitution ring, the man’s record as a crime-fighter against Wall Street and Corporate America drew mixed reviews.

  • Spitzer, Now Isolated, Finds He Has Few Defenders Tuesday, 11 Mar 2008 | 4:03 PM ET
    New York State Gov. Eliot Spitzer is joined by his wife Silda as he makes a statement to reporters during a news conference Monday, March 10, 2008 in New York. Spitzer has apologized to his family and the public, but did not elaborate on a bombshell report that he was involved in a prostitution ring. (AP Photo/Mary Altaffer)

    With pressure mounting to resign over a call-girl scandal, Gov. Eliot Spitzer found himself with few friends and lots of powerful enemies, many of whom regard him as a bully.

  • SEC, CFTC Formalize Cooperation Agreement Tuesday, 11 Mar 2008 | 1:56 PM ET

    Securities and Exchange Commission Chairman Christopher Cox said Tuesday that the SEC's agreement with the Commodity Futures Trading Commission brings the two regulatory bodies closer to integrating their responsibilities.

  • Spitzer Under Pressure to Quit Over Sex Case Tuesday, 11 Mar 2008 | 12:53 PM ET
    Eliot Spitzer

    New York Gov. Eliot Spitzer faces pressure to resign on Tuesday as well as questions about whether he will be prosecuted for any crime after a report linked him to a high-class prostitution ring.

  • Stop Trading!: Is Retail a Buy? Monday, 10 Mar 2008 | 6:39 PM ET

    Depends on which direction you think the economy goes in 2008. Here's what Cramer said.

  • S&P Touches 19-Month Low Monday, 10 Mar 2008 | 6:36 PM ET

    Stocks lost ground as oil reached another new high and Gov. Eliot Spitzer is accused in news reports of being involved with a prostitution ring. What's the word on the Street?

  • NY Gov. Spitzer Apologizes But Does Not Resign Monday, 10 Mar 2008 | 6:19 PM ET
    New York State Gov. Eliot Spitzer is joined by his wife Silda as he makes a statement to reporters during a news conference Monday, March 10, 2008 in New York. Spitzer has apologized to his family and the public, but did not elaborate on a bombshell report that he was involved in a prostitution ring. (AP Photo/Mary Altaffer)

    Gov. Eliot Spitzer, accused of being involved in a prostitution ring, apologized in a hastily called news conference but did not resign.

  • NY Governor Apologizes, Does Not Resign Monday, 10 Mar 2008 | 2:43 PM ET
    Eliot Spitzer

    The New York Times reports that Gov. Eliot Spitzer has informed his most senior administration officials that he had been involved in a prostitution ring.