Money Laundering

Eliot Spitzer's Judgement Gap


Do I believe that Eliot Spitzer is the target of a political witch hunt by the Bush Justice Department? Up to a certain point yes, but when you have the arrogance to not follow your own advice you are royally screwed by your own lack of judgement.

And that's what makes it worse :

People can be very unforgiving of moral crusaders who are caught with their hands in the cookie jar. And money laundering is a far more serious crime for a government official than paying for sex. He might have been forgiven for an affair or even being caught with a prostitute after some time spent with family, a few stiff and tearful press conferences with his wife standing grimly at his side. It’s easy to cast that as a private matter. But when you make a career of fighting financial improprieties and then get caught in some of your own, it’s not easy to be forgiven for that.


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