Wednesday, July 06, 2005

Spitzer in the Headlines

- New York Attorney General Eliot Spitzer said DHL – one of the world’s largest package delivery companies – has agreed to cease all deliveries of cigarettes to individual consumers throughout the United States. [Consumer Affairs]

- A reservist in the New York National Guard has received more than $4,500 in military leave pay he was entitled to while deployed on active duty in the War Against Terror. Gillis complained to state Assemblyman Roy McDonald, whose office referred the case to state Attorney General Eliot Spitzer. Gillis said the matter was resolved after Spitzer aides inquired about the guard's salary to Washington County officials. [The Business Review, Albany NY]

NOTE: Spitzer said his office has established a telephone information line, 1-800-996-4630, to answer questions from employers and reservists about state law regarding workers called to active military duty.

- Maurice ``Hank'' Greenberg, the ousted chief executive officer of American International Group Inc., may be willing to negotiate with New York Attorney General Eliot Spitzer to settle a fraud lawsuit, one of Greenberg's lawyers said. [Bloomberg]

- [Eliot] Spitzer expressed outrage at legal efforts by the OCC and several banks, including HSBC, Wells Fargo and J.P. Morgan Chase, to block his investigation. Never one to spare fellow regulators at the best of times, he described the OCC's action as “shameful” and “unconscionable”. Rather than bow to Mr Spitzer, they took him to court, seeking an injunction halting his inquiry. On June 20th, in a convoluted decision, Sidney Stein, a federal district judge, declined to stop Mr Spitzer but did the next best thing: threatening to stop the inquiry should the attorney-general issue subpoenas demanding information. Regulators who have tussled with Mr Spitzer in the past have usually come out badly bruised, after choosing the course of reason over litigation. [Economist]

- Internet software firm Intermix has reached a tentative settlement with New York Attorney General Eliot Spitzer after being accused of bundling together spyware with its downloadable software offerings. Under the preliminary agreement reached with Spitzer, Intermix will pay $7.5 million over three years to New York State. The company will also permanently stop distributing unwanted software programs that automatically redirect users' Web browsers to Internet sites. {Corante]


Blogger Barbara said...

I have had to have some dealings with Spitzer's office in the last couple years - and I will tell you one thing - he & his staff are STAND UP PEOPLE.

Its a breath of fresh air to deal with a politico who does more than talk the talk but actually WALKS THE WALK too. If you bring something to his office's attention, rest assured - SOMEONE will pay attention.

10:24 PM  

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