Why was Eliot Spitzer Busted?

Just before he was busted Eliot Spitzer wrote an editorial disclosing a spike in predatory lending that the federal government was doing nothing about. When the states tried to rein in abusive mortgage lenders, the Bush administration nullified state predatory lending laws over the objection of all 50 state banking superintendents. As Spitzer surfaces all we hear about - AGAIN - is prostitution. On June 2, 2009 mass media report that his "hooker booker" got probation. (Spitzers Op-Ed went up on the Washington Post website on February 13 2008. If it had an impact, it was not the one Spitzer had hoped for. On March 10 the New York Times broke the story of Spitzers encounter with a prostitute. According to a later Times story, it was on Feb. 13, 2008 that federal agents staked out his hotel in Washington.)

Category:

News & Politics

Tags:

• predatory lending
• bank fraud
• subprime mortgage crisis

[garyowen4ever]

after the dems won control of the govt in nov 08, THE FEDS GAVE IT ALL UP ON SPITZER, they folded.....this was a HIT BY THE BUSHEE MAFIA AND WALL STREET CABAL,,,WHO ELSE ON EARTH HAD THE COURAGE TO TURN ON HIS OWN PEOPLE, BY CLEANING UP WALL STREET,,,the wealth class being his own people........ITS JUST ONE BIG WHOREHOUSE NOW....BUSH,,,,BAMA,,the new boss same as the old boss.......WHO ELSE HAD THE COURAGE TO TAKE ON THE BASTARDS OF THE UNIVIERSE???