Everyone seems to think that Mr. Spitzer is some sort of creep. Yet everyone still loves Bill Clinton even though he was famous for nearly identicalindiscretions. Is Mr. Spitzer all of a sudden stupid about financial crime because he had sex with someone other than his wife? Isn't that what 70% of movie and TV dramas are all about? This faux moral-ism only serves to keep Mr. Spitzer's knowledge of insider practices off the broadcast airways.

Every news story I see about Mr. Spitzer starts with "The disgraced former Governor". This is akin to an ad hominum attack. It says "Disregard what this man says, he tarnished by an unrelated, yet fully supported, even a minor, indiscretion".

The fact is, Mr. Spitzer is very smart and knows the financial industry inside and out. On top of this, he is one of the most effective consumer advocates ever. He is not just talk. During his days as Attorney General for NY, he was constantly prosecuting financial industry crimes and that continued in to his term as Governor of NY State. What has his successor done in this area?

He is also not a "ranter" like so many in his field of expertise are. The financial reporting industry is full of buoyant screaming heads that are only too ready to excuse and ignore the excesses and crimes of the industry they report on. They are more of a cheer leading squad than reporters and, the worst part is, they are complicit in the fleecing of the consumers by this industry. Mr. Spitzer could be the voice of reason in this industry.

My feeling is that the financial industry will try to limit his success in this area in someway. We, as consumers of financial products, need Mr. Spitzer to help us recover from these crimes and practices that have dragged us down with little or no down side to the industry. He knows where the skeletons are in the industry closets. We need him to tell us where these skeletons are.