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Healy defends Red Cross

WASHINGTON, Nov. 6 (UPI) -- Members of a House subcommittee used a Tuesday hearing to sharply criticize the American Red Cross for its handling of donations meant for victims of the Sept.
SCOTT R. BURNELL, UPI Science News
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Eliot Spitzer
Silda Wall Spitzer, wife of New York Governor Eliot Spitzer, looks on while her husband announces his resignation from office effective on March 17, 2008, on March 12, 2008. Spitzer is resigning over revelations that he has paid for prostitution. (UPI Photo/Ezio Petersen)
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Eliot Laurence Spitzer (born June 10, 1959) is an American lawyer, former Democratic Party politician, and political commentator. He is currently the co-host of In the Arena, a talk-show and punditry forum broadcast on CNN. He served as the 54th Governor of New York from January 2007 until his resignation on March 17, 2008 in the wake of the exposure of his involvement as a client in a high-priced prostitution ring. Prior to being elected governor, Spitzer served as New York State Attorney General.

Spitzer was born and raised in The Bronx, to real estate tycoon Bernard Spitzer. He attended Princeton University for undergraduate studies and then Harvard Law School for his Juris Doctor. It was there that he met his future wife, Silda Wall. He went on to work for the law firm of Paul, Weiss, Rifkind, Wharton & Garrison, and subsequently the Manhattan District Attorney's office to pursue organized crime. He launched the investigation that brought down the Gambino family's control over Manhattan's garment and trucking industries. In 1992, Spitzer left to work at the law firm of Skadden, Arps, Slate, Meagher & Flom and, later, Constantine and Partners.

In the 1998 election, Spitzer defeated incumbent Republican Dennis Vacco by a slim margin to become New York State Attorney General. His campaign was financed by a controversial multi-million dollar loan from his father. As attorney general, Spitzer prosecuted cases relating to corporate white collar crime, securities fraud, internet fraud and environmental protection. He most notably pursued cases against computer chip price fixing, investment bank stock price inflation, predatory lending practices by mortgage lenders, fraud at American International Group, and the 2003 mutual fund scandal. He also sued Richard Grasso, the former chairman of the New York Stock Exchange over a compensation package perceived to be excessive.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Eliot Spitzer."
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