Eliot Spitzer
Eliot Spitzer
Eliot Laurence Spitzeris an American politician who served as the 54th Governor of New York from 2007 until his resignation on March 17, 2008. Following his eight year term as Attorney General of New York, Spitzer was elected governor in 2006, succeeding three-term incumbent George Pataki. Soon after taking office, Spitzer was embroiled in a prostitution scandal that culminated in his resignation. Following his resignation, he hosted a short-lived program, Viewpoint with Eliot Spitzer on Current TV...
NationalityAmerican
ProfessionPolitician
Date of Birth10 June 1959
CityNew York City, NY
CountryUnited States of America
With this case, we hope to set a new standard for Internet marketers and consumer research companies. Personal information secured through a promise of confidentiality must always remain confidential.
While the company has acknowledged allowing some improper market timing, the full extent of the problem at Seligman has not been disclosed to investors,
Today's case demonstrates that the corrupt practices first laid bare in the Marsh suit are present in additional sectors of the industry, ... Secret payoffs and conflicts of interest that infected the market for property and casualty insurance have taken root in the employee benefits market as well.
It would be misguided and foolish to do so, ... It would undermine public confidence in the markets because states have historically played a critical role in restoring creditability to the marketplace.
They acknowledged the problem of market timing, but then allowed a favored client to engage in that harmful practice. The departure of these board members should sound an alarm for all those who serve in similar capacities.
This agreement should be a wake-up call to all those in the entertainment industry who think outrageousness is a clever marketing strategy,
The evidence in this case speaks for itself, ... Top managers knew market timing was harming buy-and-hold investors but they condoned and facilitated it because it was a lucrative source of management fee revenues.
We would not permit this type of conduct in connection with the sale of cars or washing machines. It is simply unconscionable that it occurred with a critical medical device.
There has been a decline in ethics and we've got to turn it around,
This was a travesty, a violation of the public trust and it is something that Freddy Ferrer would not have permitted. That is money that could go into schools, into housing.
The great advantage of the Internet is that it helps consumers compare products and prices, ... Our action in this case helps ensure that consumers will have the ability to do just that.
We need to be vigilant to protect our children, ... It is imperative that parents, industry, prosecutors and lawmakers all work together to identify and address possible threats, and that we teach our children to protect themselves from those who would do them harm.
First, before any bids were submitted, the defendants determined which insurance company would win the business. Second, they set a 'target' for the winner to submit as its bid,
We will use every tool available to pursue fraud against the New York Medicaid program wherever it occurs, ... The criminal and civil sanctions imposed on Heritage and Arnold demonstrate our continuing efforts to prosecute fully any crimes we uncover and return misappropriated funds to the State.