ZDNet.com’s Larry Dignan (Larry Dignan is Editor in Chief of ZDNet and Editorial Director of ZDNet sister site TechRepublic. See his full profile and disclosure of his industry affiliations) puts it all together for the general masses that are not sure how the investigation into Mr. Spitzer’s activities shook out. This a truly great article to read if you wish more insight as to how the Feds tracked the movement of money and nailed the governor.
Here’s a tidbit from the ZDNet.com article:
Former New York Governor Eliot Spitzer’s prostitute scandal is all the big news here in New York, but the lesser known tale is how an information system–the U.S. Treasury’s Financial Crimes Enforcement Network–played a role in his downfall.
On the surface, Spitzer’s downfall is a New York tabloid’s dream. Headlines like “Ho No!” scream on the New York Post. Wall Street is downright gleeful about Spitzer’s downfall (although Henry Blodget has shown an amazing amount of restraint).
Please see the entire article HERE.