Monday, July 26, 2004

Spitzer Playing Favorites, Hurting Taxpayers?

Motions to dismiss are not usually interesting, but the NY Post is reporting that this former NYSE Board member is claiming that Spitzer's suit against him regarding Grasso's compensation is flawed.

According to the Post, Langone's spokesman said
"'Apparently, Mr. Spitzer thought that bullying tactics would hide the fact that his case is only an inch deep and is riddled with favoritism,' said Langone spokesman Jim McCarthy. 'Taxpayers are the ones being hurt here since they are paying for Mr. Spitzer's legal misadventure and any money would be returned to the millionaires of the New York Stock Exchange.' "