Wall Street Gets the Last Laugh

Elliot Spitzer played a large role in making Wall Street folks lives hell..... When he was Attorney General of NY, he launched a very public attack on investment banks.  (Trying not to get into too many details).  As a result, we have an insane amout of compliance obstacles to overcome - many of them make it more difficult for us to do our jobs without really protecting the individual investors in a meaningful way.   (I'll stop there - there are BOOKS written on this topic). 

Turns out that Governor Spitzer isn't getting the last laugh.  What kind of freakin' moron getting caught up in a prostitution ring!!!!  I hope he has to resign!

I love the online magazine, Slate.  It has a great article on Spitzer today, comparing similarities between how he prosecuted Wall Street and his prostitution troubles.  Also - I love the word SCHADENFREUDE and I think this a phenomenal example of it. 

Here's another article on the topic - I think this one is phenomenally well written.  Have I mentioned before that I enjoy reading the NY Times?