There is little need to retrace the Eliot Spitzer story except to say: he got caught with a prostitute and apparently was using a form of structuring (attempting to get around federal bank reporting rules) in an attempt to hide the source and/or use of funds.  Although a lot of hay is being made about [...]

Not surprisingly, Eliot Spitzer did resign today as Governor of New York, ,effective Monday. There is lots and lots of pundit commentary on this today (see Memeorandum). I’m sorry for his family, and I’m glad he did the right thing.
A coworker of mine made a good observation. He said, it seems as [...]