Former AIG chief Hank Greenberg agreed to pay a $9 million settlement to New York on Friday, bringing his nearly 12-year legal battle with the state attorney’s general office to a far from amicable conclusion.
Earlier this month in New York City, a 91-year-old man who fought on Normandy beach during World War II and later fought in the Korean War was dragged into a courtroom and drilled with questions for five days by a team of government-paid prosecutors. There are no witnesses to testify against him, and no claim of damages. The government’s ultimate objective is to bar the man from working in the securities industry, though it also hopes to force him to forfeit bonuses that he earned nearly two decades ago. The case has been in the works for 11 years. Initially nine charges were filed, but now only two remain. The trial is expected to last into next year.
Plans for a “women-only” fundraising event for Hillary Clinton’s presidential campaign were abandoned after only 50 tickets were sold just a day before it was scheduled to occur, according to the New York Post.
Disgraced former Governor of New York Eliot Spitzer may have ruined his political career when his high-priced hooker habit was revealed, but his bank account is in great shape after making a $147 million property sale.
New York Times reporter Danny Hakim dismissed the story of former madam Kristin Davis, who allegedly provided Eliot Spitzer with prostitutes, in an interview Friday, but left out corroborating details from his own story.
Spitzer was recently tapped to replace media juggernaut Keith Olbermann as a host on Al Gore’s Current TV network, and expounded on his new role in an interview with Politico.
Keith Olbermann was dismissed by Current TV Friday afternoon. His program “Countdown with Keith Olbermann” will be replaced by a new show entitled “Viewpoint with Eliot Spitzer.”
One of President Barack Obama’s major fundraisers made his fortune profiting on the demise of a variety of industries and has ties to the prostitute who brought down former New York Gov. Eliot Spitzer.