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SHOOTING BLANKS; GOV LOST JOB, NOW LOSING HIS CRUSADES (Spitler enjoyed destroying people)
NY POST ^ | June 29, 2008 | RICHARD WILNER and JOHN AIDAN BYRNE

Posted on 06/29/2008 5:43:10 AM PDT by Liz

Spitzer "actually enjoyed destroying people," said a former NYSE managing director, Richard Riker. "Spitzer's legacy is tarnished and trashed because of [the prostitution scandal that led to his resignation] and the Richard Grasso lawsuit suit." "[The Court of Appeals decision upholding Grasso's pay package] becomes part of the realization that Spitzer was no more than a legal lightweight who bullied and slashed his way through Wall Street using the power of his office," Riker said. Spitzer's personal reputation was already in tatters. Revelations that Spitzer had a years-long addiction to high-priced prostitutes - and that he might be indicted himself on charges related to his sex romps - drove him from office and shredded his personal reputation. His courtroom losses are now laying waste to his legacy as an efficient and level-headed sheriff. For Spitzer, who may be indicted before the summer is through, the outcome may be a bit more harsh.

(Excerpt) Read more at nypost.com ...


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events; Politics/Elections; US: New York
KEYWORDS: clientno9; corruptdems; eliotspitzer; hubris; newyork; onceeliotness; spitzer; spitzergate; wallstreet
Spitzer forgot important political advice: "Be careful who you step on, on the way up, because you are going to meet them on the way down."

TALES OF SPITZER Spitzer ran roughshod over anyone he felt was standing in the way of his political ambitions. At the end, when the hooker story broke, he phoned the Albany PTB, asking if there was some way he could stay in office. The response was a resounding "no." Spitzer had slashed and burned and flim-flammed his way to the top, leaving numerous bruised and battered bodies in his wake. In the end, there was no one willing to help him.

BACKSTORY Rep. Michael Arcuri (D-NY) paid $44,000 to a political consultant who is under federal investigation as part of the Spitzer prostitution scandal. Kristian Stiles, began fundraising working for Spitzer in her mid-20s. Her Acuri connection dates to July 2007, when he began paying her $4,000 a month for fundraising. The timing is critical because it overlaps the period federal authorities were investigating Spitzer for prostitution activities. The NY Times reported feds "requested detailed documentation for thousands of dollars" in transactions between Stiles and Spitzer. One campaign staffer said they generally work on commission by event, not as consultants. "If you want a fundraiser, you go to the experts, not some 20-something woman. Let's see her invoices. Let's see the events she arranged. Let's see the PAC contributions she brought in." Stiles relationship with Spitzer was quite unusual: Campaign finance records show that Ms. Stiles, 31, was paid about $6,460 monthly for consulting the Spitzer 2010 committee, and was reimbursed for nearly $22,000 in expenditures over the last year. Stiles frequently made Spitzer’s travel arrangements, paid with her own credit card. Stiles often accompanied Spitzer on trips to coordinate fund-raising events, and was comfortable incurring hotel and other charges....... EXCERPT http://www.redstate.com/stories/congress/ny_24_arcuri_tied_to_spitzer_prostitution_scandal

CORRUPT RISE TO THE TOP Spitler has a history of political flim-flamming using shady campaign funds. Prosecutors have records of Spitzer's transactions, phone records and taped conversations with the Emperors Club, and are confident they can nail him on violating prostitution laws and money-laundering..... and are also looking into whether Spitzer used campaign funds to pay for his pleasures.

ILLEGAL CAMPAIGN MONIES During Spitler's 1998 AG campaign, he indignantly denied allegations by his GOP opponent, Dennis Vacco (Vacco is a top-notch pro-life conservative), that Spitler's wealthy father had provided millions in loans to his campaign. Candidate Spitzer insisted he was using only his own money (family members are limited by law to $110,000 in total contributions). Spitler accused Vacco of "smearing" his father.

Not until he'd actually taken office did Spitzer admit that Dennis Vacco had been correct. In fact, it turned out Spitzer, despite earlier denials, had done the exact same thing during his unsuccessful 1994 run for AG.

Spitzer falsely claimed during his 1988 campaign that he secured a $5 million campaign loan by mortgaging eight apartments his billionaire developer-father had given him. As the end of his campaign neared, Spitzer admitted that his father was actually paying off the loans and, therefore, financing his campaign - a possible election-law violation. "I didn't realize how necessary it was to be transparent about every personal financial transaction," Harvard-educated Spitzer was quoted as saying in a magazine article.

====================================================

REFERENCE The Bernard & Anne Spitzer Charitable Trust Inc.
(Formerly: The Bernard & Anne Spitzer Foundation Inc.)
730 5th Ave----Suite 2202
New York, NY 10019-4105
Telephone: (212) 765-5170

Bernard Spitzer, President; Anne Spitzer, Treasurer.
Board members--Eliot and his brother Dr Daniel Spitzer.

Type of foundation: Independent
Fiscal Date: 12/31/05
Assets: $35,115,418 Total Giving: $578,663
EIN:137298842

Most Recent IRS Filing:
View 0990 FORM http://72.14.205.104/search?q=cache:l2QSwTcRe2YJ:foundationcenter.org/cgi-bin/ffindershow.cgi%3Fid%3DSPIT004

============================================

Emigre Mark Brener, charged with running the hooker ring, has been held without bail since his arrest on March 6, charged with violations of the Mann Act, money laundering conspiracy and conspiracy to commit interstate transportation in aid of racketeering.

Brener's money-laundering conspiracy, and interstate racketeering could involve one heck of a lot more than johns and whores.

CONNECT THE DOTS Brener's IRS connections, his offshore connections, and far-flung prostitution in New York, Washington, Miami, London and Paris.

Emperor's Club hookers supposedly costing $1,000-$5,500 an hour, were paid for with cash, credit card, wire transfers or money orders. That raises enormous questions about money laundering, IRS fraud and evasion of US banking laws.

On the surface, emigre Brener ran the $5500-an-hour hooker operation and is the alleged mastermind of the high-end Emperors Club.

But Brener was also working another operation---he was certified by the IRS to represent US taxpayers in disputes AND Brener also once worked for the Israeli national tax collection agency.

Brener knew the ropes.

The hooker operation could have facilitated tax evasion through crooked accounting, and/or faking high-priced trysts, then depositing the monies in friendly offshore banks to evade the IRS and US banking laws.......and in Spitzer's case evading the FEC.

Friendly banks might then wire transfer monies on which no taxes were paid to other accounts.

===================================================

The beginning of Spitzer’s end can be traced to three banking transfers that left his personal account at the North Fork Bank in New York last spring and summer. For reasons that have not been satisfactorily explained, these payments totaling $15,000 attracted the attention of bank employees who monitor accounts for signs of suspicious activity. (NOTE: After 911, money-laundering laws were significantly tightened, requiring banks to file so-called “suspicious activity reports” whenever there is evidence that clients might be trying to sidestep routine regulations).

Spitzer’s money transfers to a company called QAT International Inc – later revealed to be a front for the Emperors Club – were reportedly considered by the bank to be an attempt to avoid another law that requires all transactions over $10,000 to be reported to the US Treasury.

Breaking down payments with intent to avoid US Treasury reporting is an offense known as “structuring.”

Then-Gov Spitzer’s administration has also been connected to a sophisticated "destroyer program" that erases computer hard drives.

1 posted on 06/29/2008 5:43:10 AM PDT by Liz
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To: Nailbiter

... ping


2 posted on 06/29/2008 5:47:32 AM PDT by IncPen (We are but a moment's sunlight, fading in the grass ...)
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To: Liz

Good wrap-up, but it’s far from over...


3 posted on 06/29/2008 5:47:55 AM PDT by xcamel (Being on the wrong track means the unintended consequences express train doesnt kill you going by)
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To: Liz; All
Spitzer-Wall St.
4 posted on 06/29/2008 5:48:38 AM PDT by musicman
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To: Liz
BTW, check out this oddity concerning Spitzer:
The Spitzer Family to Vacation in Southeast Asia

It’s been a tough year for the Spitzer family, to say the least. Now that the legislative session is coming to a close, and he’s no longer responsible for steamrolling lawmakers into achieving reforms anyway, papa Eliot is taking the whole gang on a summer vacation. On Monday, according to sources, the disgraced ex-governor, wife Silda and their three girls will depart for Vietnam, Laos and Cambodia. A spokeswoman for the Spitzers, Anna Cordasco, confirmed the trip and said the family was going to Southeast Asia but didn’t know the specific countries. Spitzer is still under investigation by the Feds and could potentially serve jail time for using the services of an international prostitution ring and money laundering. Recently, other members of the ring have pleaded guilty to federal charges and are expected to serve as witnesses for the government if Spitzer is indicted. But the Southeast Asia trip was Spitzer's eldest daughter Elyssa's idea, Cordasco said. And yes, after ten days or so, Spitzer is planning on returning to the United States. —Geoffrey Gray
(Source: http://nymag.com/daily/intel/2008/06/the_spitzer_family_to_vacation.html

Not your average vacation spots. Mrs. Dahoser said Southeast Asia is a vacation destination for perverts, though. Quite odd.

5 posted on 06/29/2008 5:55:24 AM PDT by Dahoser (America's great untapped alternative energy source: The Founding Fathers spinning in their graves.)
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To: Dahoser

Me so Hoeney!


6 posted on 06/29/2008 5:58:40 AM PDT by Shellback Chuck
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To: Liz

....he phoned the Albany PTB.......

What/who is the PBT?

.....As the end of his campaign neared, Spitzer admitted that his father was actually paying off the loans and, therefore, financing his campaign ......

Attention Chris Dodd.....
Spitzer’s downfal provides a clue to your loans from Countrywide. Who is paying youe loans?


7 posted on 06/29/2008 6:01:55 AM PDT by bert (K.E. N.P. +12 . Conservation? Let the NE Yankees freeze.... in the dark)
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To: Liz
Its kind of ironic Client #9 now finds himself in the same predicament as those of many of the people whose lives he destroyed in his quest for power. God watches and sees everything that a person does and makes sure they get what they really deserve.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

8 posted on 06/29/2008 6:02:42 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Liz
For reasons that have not been satisfactorily explained, these payments totaling $15,000 attracted the attention of bank employees who monitor accounts for signs of suspicious activity.

Maybe it had something to do with Spitzer asking the bank employee he was talking to when setting up one of the payments "is there any way to remove my name from this transaction."

9 posted on 06/29/2008 6:05:31 AM PDT by Steely Tom (Without the second, the rest are just politicians' BS.)
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To: Liz

In regards to the abortion issue, Spitzer was anti-life to the point of psychosis. He relentlessly coddled baby killers and went after pro-lifers with a mad zeal.

Therefore, his troubles are a source of amusement to me.


10 posted on 06/29/2008 6:06:37 AM PDT by Skooz (Any nation that would elect Hillary Clinton as its president has forfeited its right to exist.)
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To: Steely Tom
I wonder how he was stupid enough to ask that and think that he could ever get away with it. As a lawyer, he knew the law and had even less of an excuse to flagrantly break it than lesser mortals. And as New York's Governor, he had a duty to see to the faithful execution of the laws of the state.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

11 posted on 06/29/2008 6:08:51 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Liz

One of the best unintended consequences of the Spitzer legacy is his decision to allow illegal immigrants to obtain drivers’ licenses in New York.

Hillary Clinton was asked if she agreed with that position in one of the very first debates and her answer was the beginning of the end of her candidacy.

So, thanks Spitzer, and thanks too to Russert who dared to ask HIllary the question.


12 posted on 06/29/2008 6:12:42 AM PDT by Carley
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To: goldstategop

I know. It’s unbelievable. The “steamroller” was a dumbbell. He’s even dumber than his fellow left-wing politician with a rich daddy, Howard Dean.


13 posted on 06/29/2008 6:13:23 AM PDT by Steely Tom (Without the second, the rest are just politicians' BS.)
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To: Carley
I think it was Spitzer who helped to demolish Hillary's candidacy. And the aftershocks resulting from his fall from grace are already affecting the Democratic Party's future in ways that can't yet be foreseen - none of them good.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

14 posted on 06/29/2008 6:18:44 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Liz

Advice to Mrs. Spitzer, make sure hubby takes a good shower when he gets back from late night walks because he can’t sleep. and, no, those young girls are not really play mates for the kids.


15 posted on 06/29/2008 6:19:18 AM PDT by healy61
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To: Liz

Elliot Spitzer was sadistic and sexually perverted.

The two go together and history is filled with stories of such sickos.

His track record as a prosecutor and patronizer of prostitutes illustrates the connection.


16 posted on 06/29/2008 6:19:35 AM PDT by Nextrush (MCCAIN, OBAMA, CLINTON......WHAT A CHOICE?)
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To: Liz

Spitzer and all his cronies should be all in jail.


17 posted on 06/29/2008 6:19:40 AM PDT by KC_Conspirator
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To: Dahoser
Southeast Asia is a vacation destination for perverts........

Yeah.....maybe Spitler plans (ahem) "side trips."

18 posted on 06/29/2008 6:31:10 AM PDT by Liz (Taxpayer: one who works for the govt but doesn't have to take a civil service test. R. Reagan.)
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To: Skooz
With regard to the abortion issue, Spitzer was anti-life to the point of psychosis. He relentlessly coddled baby killers and went after pro-lifers with a mad zeal. Therefore, his troubles are a source of amusement to me.

Spitler's overwrought ambitions, his con games to get into office, his overactive libido and his obession with killing babies---it all fits together.

19 posted on 06/29/2008 6:38:14 AM PDT by Liz (Taxpayer: one who works for the govt but doesn't have to take a civil service test. R. Reagan.)
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To: Dahoser
Eliot is taking the whole gang on a summer vacation. On Monday, according to sources, the disgraced ex-governor, wife Silda and their three girls will depart for Vietnam, Laos and Cambodia.

Gee. I wonder if he plans to come back.

20 posted on 06/29/2008 6:38:53 AM PDT by Steely Tom (Without the second, the rest are just politicians' BS.)
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To: Skooz
With regard to the abortion issue, Spitzer was anti-life to the point of psychosis. He relentlessly coddled baby killers and went after pro-lifers with a mad zeal. Therefore, his troubles are a source of amusement to me.

For his two campaigns, Spitzer spent a total of about $12M, mostly personal funds and bank loans. Spitzer borrowed about $5M from his father to help settle loans, and was earning $200,000 a year consulting for his father.

Between 2000-2004, the "charity" gave $101,000 to NARAL's foundation. NARAL also has given $10,500 to Spitzer's two campaigns and endorsed him.

The Bernard and Anne Spitzer Charitable Trust - on which Eliot, Daniel and their parents are board members - gave a total of $66,000 in 2004 to NARAL Pro-Choice New York, the radical abortion rights group; the Drum Major Institute, a think tank; and the Progressive America Fund, a voter mobilization effort.

These groups, whose leaders backed Spitzer for governor, received $75,000 from his "charity" between 2000 and 2003. Donations to Spitzer's political allies were apparently a fraction of $2.6 million (?) the Spitzer Foundation supposedly awarded in 2004.

REFERENCE The Bernard & Anne Spitzer Charitable Trust Inc. (Formerly: The Bernard & Anne Spitzer Foundation Inc.)
730 5th Ave----Suite 2202
New York, NY 10019-4105
Telephone: (212) 765-5170

Bernard Spitzer, President; Anne Spitzer, Treasurer. Board members--Eliot and his brother Dr Daniel Spitzer.

Type of foundation: Independent
Fiscal Date: 12/31/05
Assets: $35,115,418 Total Giving: $578,663

EIN:137298842

Most Recent IRS Filing: View 0990 FORM http://72.14.205.104/search?q=cache:l2QSwTcRe2YJ:foundationcenter.org/cgi-bin/ffindershow.cgi%3Fid%3DSPIT004

0990 FORM FINDER http://dynamodata.foundationcenter.org/990s/f990_pdf?idx=13&ein=137298842&fd=123105&fn=The%20Bernard%20%26amp%3B%20Anne%20Spitzer%20Charitable%20Trust%20Inc.%3Cbr%3E730%205th%20Ave.%2C%20Ste.%202202%3CBR%3ENew%20York%2C%20NY%2010019-4105%3CBR%3E&a.pdf

21 posted on 06/29/2008 6:50:12 AM PDT by Liz (Taxpayer: one who works for the govt but doesn't have to take a civil service test. R. Reagan.)
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To: Steely Tom

EXACTLY.

He is looking for places to ‘retire to’ should he actually be faced with jail time.

Spitzer is, above all else, a coward.


22 posted on 06/29/2008 6:52:46 AM PDT by xDGx
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To: Liz

The Spitzer family is a power hungry criminal enterprise and should be indicted...all of them.


23 posted on 06/29/2008 7:22:34 AM PDT by Ann Archy (Abortion.....The Human Sacrifice to the god of Convenience.)
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To: Carley
So, thanks Spitzer, and thanks too to Russert who dared to ask HIllary the question.

AMEN!!

24 posted on 06/29/2008 7:24:25 AM PDT by Ann Archy (Abortion.....The Human Sacrifice to the god of Convenience.)
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To: Carley
So, thanks Spitzer, and thanks too to Russert who dared to ask HIllary the question.

AMEN!!

And Bill is now persona non grata!! It's a WIN-WIN-WIN-WIN situation!

25 posted on 06/29/2008 7:25:17 AM PDT by Ann Archy (Abortion.....The Human Sacrifice to the god of Convenience.)
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To: Skooz

The chastisement of the Almighty is upon him and there is no escape.


26 posted on 06/29/2008 7:27:05 AM PDT by DarthVader (Liberal Democrats are the party of EVIL whose time of judgement has come.)
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To: Liz

I’m sure Spitzer can hear the IRS and FEDs whispering into his ears: “Hi GI - I Fxxx you long time”....

And I might add — LONG overdue...


27 posted on 06/29/2008 9:13:38 AM PDT by river rat (Semper Fi - You may turn the other cheek, but I prefer to look into my enemy's vacant dead eyes.)
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To: Liz

Rep. Michael Arcuri should be hearing the same whispers in his ears!

Are there ANY righteous politicians in all of New York?


28 posted on 06/29/2008 9:22:03 AM PDT by river rat (Semper Fi - You may turn the other cheek, but I prefer to look into my enemy's vacant dead eyes.)
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To: goldstategop

Given the political situation in NY, I believe the voters there would choose a Ted Kennedy in a heartbeat.


29 posted on 06/29/2008 9:46:38 AM PDT by Carley
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To: Liz

So much for brains-a Harvard grad no less.Rhetorical question:Did Spitzer ever stop to consider that while he was consorting with prostitutes he left himself open to blackmail?


30 posted on 06/29/2008 10:21:18 AM PDT by Thombo2
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To: bert
The Albany Powers That Be? Anyway, that's my guess for 'PTB'.
31 posted on 06/29/2008 10:28:51 AM PDT by slowhandluke (It's hard work to be cynical enough in this age)
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To: bert
Attention Chris Dodd.....Spitzer’s downfal provides a clue to your loans from Countrywide. Who is paying your loans?

As FReeper justa-hairyape famously posted: " Here Countrywide's Mozilo demonstrates that you still can fit into a Lamborghini even with 2 US Senators in your back pockets. "

"You peons will never know how profitable it is to be connected," Mozilo said.

32 posted on 06/29/2008 11:24:34 AM PDT by Liz (Taxpayer: one who works for the govt but doesn't have to take a civil service test. R. Reagan.)
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To: slowhandluke; bert

Right.


33 posted on 06/29/2008 11:26:16 AM PDT by Liz (Taxpayer: one who works for the govt but doesn't have to take a civil service test. R. Reagan.)
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To: Liz
Spitzer had slashed and burned and flim-flammed his way to the top, leaving numerous bruised and battered bodies in his wake. In the end, there was no one willing to help him.

May the same karma happen to Hillary and Bill.

34 posted on 06/29/2008 6:23:17 PM PDT by pray4liberty (Watch and pray.)
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To: Ann Archy
So, thanks Spitzer, and thanks too to Russert who dared to ask HIllary the question. AMEN!! And Bill is now persona non grata!! It's a WIN-WIN-WIN-WIN situation!

Poor Tim Russert is dead though. Makes you wonder, with Bill & Hill's record of dead bodies lying all over the place.

35 posted on 06/29/2008 6:28:08 PM PDT by pray4liberty (Watch and pray.)
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