Eliot Spitzer --> D.U.N. Done - FEDS bust The Emporers Club in NYC

[Slimprofits]

You Can Say This About the Girls of the Emperor's Club: They're No Morons

Online Hooker Ring Busted

Report: Spitzer Eyed in Prostitution Probe


What Is the Fallout for Spitzer?

Danny Hakim of The Times, citing an administration official, is reporting that Gov. Eliot Spitzer has informed his most senior administration officials that he had been involved in a prostitution ring. The governor is expected to make a statement this afternoon at his Manhattan office.

[..]

Just last week, federal prosecutors arrested four people in connection with an expensive prostitution operation. Administration officials would not say that this was the ring with which the governor had become involved.

But a person with knowledge of the governor’s role said that the person believes the governor is one of the men identified as clients in court papers. The governor’s travel records show that he was in Washington in mid-February. One of the clients described in court papers arranged to meet with a prostitute who was part of the ring, the Emperors Club VIP, on the night of Feb. 13. Mr. Spitzer appeared on a CNBC television show at 7 a.m. the next morning. Later in the morning, he testified before a Congressional committee. An affidavit filed in federal court in Manhattan in connection with that case lists six conversations between the man, identified as Client 9, and a booking agent for the Emperors Club.

Spitzer's statement will be carried live on CNBC...

And poor, ol' Eliot was just getting started:

Predatory Lenders' Partner in Crime

How the Bush Administration Stopped the States From Stepping In to Help Consumers


By Eliot Spitzer
Thursday, February 14, 2008
The Washington Post

Coincidence or retaliation?

[FRED]

Re: Eliot Spitzer --> D.U.N. Done - FEDS bust The Emporers Club in NYC

You Can Say This About the Girls of the Emperor's Club: They're No Morons

Online Hooker Ring Busted

Report: Spitzer Eyed in Prostitution Probe


What Is the Fallout for Spitzer?



Spitzer's statement will be carried live on CNBC...

And poor, ol' Eliot was just getting started:



Coincidence or retaliation?

Moral: Don't mess with the FIRE Economy? Or if you are going to, don't also mess around with hookers.

[GRG55]

Re: Eliot Spitzer --> D.U.N. Done - FEDS bust The Emporers Club in NYC

Moral: Don't mess with the FIRE Economy? Or if you are going to, don't also mess around with hookers.

Spitzer was foolish enough to get caught, but was far from alone in partaking in the passtime.

I get the impression, given the enduring heady atmosphere on Wall St for so many years, that once intoxicated with the thought that one is above the laws of economics (how else to rationalize those bonuses?), it's just a short journey to thinking one is special enough to be above the law, period.

[agrubin]

Re: Eliot Spitzer --> D.U.N. Done - FEDS bust The Emporers Club in NYC

$5,500 an hour?!? Yeesh!

What a fool. I never pay more than 300.

[Rajiv]

Re: Eliot Spitzer --> D.U.N. Done - FEDS bust The Emporers Club in NYC

See the following thread from an ex DOJ lawyer at Daily Kos

The New York Times this morning has a story about the origins of the Spitzer investigation that, at least to me, simply doesn't make sense. Apparently, the investigation didn't start with some big organized crime investigation that happened upon a prostitution ring, and that happened to lead to Spitzer. Supposedly, it began with an investigation of money movements by Spitzer that led, to the complete suprise of the investigators, to a prostitution ring. Except that the explanation in the story simply doesn't make sense.

See also Catherine Austin Fitts' "It Ain’t About Sex"

[Slimprofits]

Re: Eliot Spitzer --> D.U.N. Done - FEDS bust The Emporers Club in NYC

Rajiv,

G.J. leakage is an all to commonly used unethical (illegal?) tactic by federal investigators.

And you'll note that with regards to Spitzer, predatory lending and possible retaliation, I alluded to that very notion.

[Slimprofits]

Re: Eliot Spitzer --> D.U.N. Done - FEDS bust The Emporers Club in NYC

The idea that Eliot Spitzer's downfall was engineered by the financial industry whose profits he threatened with regulation has made the rounds on the internet for a while. Now Vanity Fair is siccing two investigative reporters on the story.

Gawker has learned that Vanity Fair's Craig Unger and John Connolly are currently looking into the prospect that the banking and financial interests that Spitzer took on during his tenures as attorney general and governor of New York tipped off the feds to Spitzer's proclivities and launched the investigation.

While we'd love to see Spitzer emerge tormenter-in-chief for Goldman Sachs, this is not good news for his ongoing rehabilitation. First off, it casts his burgeoning anti-Wall Street crusade in a different light. Is his anti-bailout populism a function of his experience as the Sheriff of Wall Street, or of his desire for revenge against that bastards that brought him low?

Second, it only reminds people that Spitzer is a hooker-banging ex-governor. And no matter how the investigation got started, Spitzer's culpability on that count isn't in doubt. But if it is true that representatives of the Wall Street interests Spitzer tangled with handed the case to the Department of Justice, then the case takes on quite a different hue: A prominent Democrat's political enemies handed damaging intelligence to a Department of Justice that happened to be serving under a Republican president during a presidential campaign, and the FBI turned it into a prosecution for a crime that federal law enforcement agencies usually don't get involved in.

So far, no one knows precisely how the FBI came across a little operation called The Emperor's Club VIP...

[..]

The New York Times is also interested in how the Emperor's Club crossed the FBI's radar—the paper has filed a request in federal court to compel the Department of Justice to release its applications for wiretap warrants in the case, which have so far remained under seal. The application, and other sealed documents the Times has been trying to lay hands on, might shed light on how the investigation got started, and the Times has argued that it wants to see the documents because "because the public has a legitimate and understandable interest in reviewing and monitoring the decisions made by the Government in determining to pursue this case, which involved at least one high-level public figure, and then to not seek charges against any clients." A federal judge sided with the paper in February and the government appealed; the case went to the Second Circuit Court of Appeals last month and a decision could come at any moment."

cont.

http://gawker.com/5324789/eliot-spit...ting-it-anyway

[jwonks]

Re: Eliot Spitzer --> D.U.N. Done - FEDS bust The Emporers Club in NYC

Spitzer was moving large monies (I think via wires) from his bank account to offshore (i.e. shell companies) entities collecting payments on behalf of EmperorVIP. These relaxation therapists Spitzer was hiring were not cheap.

The bank's anti-money laundering processes via either (CTR) currency transaction reports or (SAR) suspicious activity reports--reports that are sent to the IRS--picked up on these transactions.

The IRS were notified via the reports and initially thought that Spitzer was a victim of identify theft or that these transactions were otherwise not authorized by him, so the IRS quietly launched an investigation.

After investigating, the IRS concludes that the transactions are not a result of identity theft. The IRS then notifies and hands over potentially incriminating evidence to the DOJ for further investigation. The DOJ on the presumption that these transactions are from bribes or are related to corruption get a wiretap and the rest is history...

I forgot my source, but I assumed this was common knowledge and any web search on the subject can, I'm sure, collaborate my account.

[metalman]

Re: Eliot Spitzer --> D.U.N. Done - FEDS bust The Emporers Club in NYC

Spitzer was moving large monies (I think via wires) from his bank account to offshore (i.e. shell companies) entities collecting payments on behalf of EmperorVIP. These relaxation therapists Spitzer was hiring were not cheap.

The bank's anti-money laundering processes via either (CTR) currency transaction reports or (SAR) suspicious activity reports--reports that are sent to the IRS--picked up on these transactions.

The IRS were notified via the reports and initially thought that Spitzer was a victim of identify theft or that these transactions were otherwise not authorized by him, so the IRS quietly launched an investigation.

After investigating, the IRS concludes that the transactions are not a result of identity theft. The IRS then notifies and hands over potentially incriminating evidence to the DOJ for further investigation. The DOJ on the presumption that these transactions are from bribes or are related to corruption get a wiretap and the rest is history...

I forgot my source, but I assumed this was common knowledge and any web search on the subject can, I'm sure, collaborate my account.

all of that is no doubt true but... how many did/are still doing worse and were not investigated or prosecuted?

[icm63]

Re: Eliot Spitzer --> D.U.N. Done - FEDS bust The Emporers Club in NYC

The single biggest promotion for the use of hookers is marriage. [And you can thank the Catholic church for that idea] Whatever happened to the legal idea of 3 or 4 wives. The middle east have that over the west.

You know I am right ! ha

[GRG55]

Re: Eliot Spitzer --> D.U.N. Done - FEDS bust The Emporers Club in NYC

The single biggest promotion for the use of hookers is marriage. [And you can thank the Catholic church for that idea] Whatever happened to the legal idea of 3 or 4 wives. The middle east have that over the west.

You know I am right ! ha

LOL...

Shortly after I moved to the Middle East I was paid a visit in my office by our "Mr. Fix-it" [an indispensable position that every company must have, he's the person that has the rare ability to cut through all the bureaucratic red tape to get work permits, entry visas, driver's licenses, health check permits, etc.]. When I expressed my frustration at my difficulties learning Arabic he suggested the best option was to take a local as another wife...and he, of course, could provide valuable assistance in that quest. I told him that religious restrictions made that impossible for me. He replied that could be fixed. I protested that my home country laws prevented such a thing. He responded that I wasn't in my home country any longer so why would they care. I finally ended the conversation by explaining I couldn't afford the wife I already had. That he understood.

[icm63]

Re: Eliot Spitzer --> D.U.N. Done - FEDS bust The Emporers Club in NYC

I finally ended the conversation by explaining I couldn't afford the wife I already had

Thats the trick, get 3 wives you can afford more so than one you cant.

The ladies reading this thread dont be alarmed, it works out good for you too. The house work is split 3 ways as are other duties.

ooops, the misus just screamed the "D" word at me...POST ENDS

[Ann]

Re: Eliot Spitzer --> D.U.N. Done - FEDS bust The Emporers Club in NYC

Thats the trick, get 3 wives you can afford more so than one you cant.

The ladies reading this thread dont be alarmed, it works out good for you too. The house work is split 3 ways as are other duties.

ooops, the misus just screamed the "D" word at me...POST ENDS

Ever wonder why there are no societies that allow more than one husband?

Who'd ever want one?

[World Traveler]

Re: Eliot Spitzer --> D.U.N. Done - FEDS bust The Emporers Club in NYC

I think you topped them, Ann!! Clever response...

[icm63]

Re: Eliot Spitzer --> D.U.N. Done - FEDS bust The Emporers Club in NYC

Ann, YES...Egypt ask Cleopatra

But true, you win !

UPDATE: My number 1 wife spot is filled, I am looking for Number 2 wife, I may do a reality TV show, that could be knew, please forward details to my PM. (funny ha ha)..