Saturday, May 14, 2005

A.I.G. Exec Caves to Spitzer

The NY Times reports that Spitzer's media campaign against insurance giant AIG is working.

I don't have a problem with illegal business practices being prosecuted, but I do have aproblem with Spitzer trying companies in the media rather than the courts, so as to increase his political profile.

Also, isn't that the job of the SEC?

8 Comments:

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It is becomming increasingly clear that the legal system is no longer the avenue to take when dealing with corprate America. It is more important, or so it would seem to "allow" the mainstream liberal media to punish the"guilty". It would seem as though public ridicule and opinion is deemed a harsher punishment then anything the SEC can hand down.

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