Spitzer scandal adds to Wall Street woes

Spitzer scandal adds to Wall Street woes

There are 1 comment on the The Globe and Mail story from Mar 10, 2008, titled Spitzer scandal adds to Wall Street woes. In it, The Globe and Mail reports that:

The fall from grace of New York Governor Eliot Spitzer, Wall Street's self-appointed saviour, casts new doubt on the rescue of troubled bond insurers at a time when the teetering U.S. financial sector can ill ...

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#1 Mar 10, 2008
This just goes to show what distortions can come from having our financial markets over represented in New York can do.

What ever happens in Albany will have little impact on the American Economy as a whole. But all the boys and girls sitting in New York obviously don't realize that.

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