Spitzer's Off The Unemployment Line
December 4, 2008 at 5:10 AM (PT)
Former NEW YORK Gov. ELIOT SPITZER is back in the media, this time as a member of the Fourth Estate. On WEDNESDAY evening, the online magazine SLATE quietly posted SPITZER's first column, headlined "Too Big Not To Fail." It argued against costly economic government bailouts to huge financial institutions.
SLATE GROUP Editor-In-Chief JACOB WEINBERG says the semi-monthly column will focus on the financial crisis, regulation and government.
Spitzer, infamous in the music business for his payola investigations as NEW YORK Attorney General, resigned earlier this year after getting caught in a prostitution scandal. Last month, federal prosecutors announced they would not bring criminal charges against him.