Wednesday, November 26, 2008

Congressional committee asks how inquiry began on Spitzer banking transactions.

Now, a congressional committee is pursuing what would be the first public examination of the events that prompted the initial inquiry into his bank transactions, which showed he was sending money to a front company for Emperor’s Club V.I.P.

The House Financial Services Committee intends to take up the matter early next year and tentatively plans to hold hearings that could include testimony from the United States Treasury’s law enforcement unit, along with Mr. Spitzer’s bank, North Fork, and HSBC, a bank used by a company connected to the prostitution service.

“The question was: Why were they looking for this? Is this political retribution?” said Representative Michael E. Capuano, a Massachusetts Democrat and a member of the committee who has been critical of the increased scrutiny of banking transactions, which increased greatly under the passage of the Patriot Act.

“It raises questions in my mind that he may have been targeted for political purposes,” he said, adding that he had no evidence that suggested as much.

The committee’s interest in the matter surfaced in e-mail messages obtained by The New York Times as part of a Freedom of Information request.

The Democrats who lead the committee were not asked to pursue the inquiry by
Mr. Spitzer, committee officials said, and did not have close ties to the former governor. Indeed, one of the members of the committee who initially pressed for information about the case in a letter last summer is Republican Steven C. LaTourette of Ohio, who has taken an active interest in banking issues.
Read on.

Maybe this is why:

New York Times:

A part-time booker for the escort service that the authorities say former Gov. Eliot Spitzer patronized will not go to prison, a federal judge ruled on Tuesday.

The judge, Deborah A. Batts of United States District Court in Manhattan, sentenced the booker, Tanya Hollander, who pleaded guilty in August to conspiracy, to probation. The judge noted that the woman had a minimal role in the conspiracy.

Judge Batts also observed that on Nov. 6, the government decided “not to indict other members of the conspiracy.”

The real question to ask the prosecutor is why wasn't clients 1-8 and 10 probed in that case as well as their banking tranactions?

1 comment:

airJackie said...

One of my wishes came true. I know when the reports shows it was a political sit up the public will see they were fooled and used. All this to stop Spitzer from indicting those who caused the Stock Market crash. Now I've read comments as high and mighty people with no sin have called Spitzer every name in the book. Yes even said his wife should leave him. It was never about Spitzer or his wife it was all about stopping Spitzer from indictments on Republicans. This is one example why it's so easy for Bush/Cheney to bring our country into a recession. Americans are so busy digging for dirt on people while the White House was robbing us bind. If Americans would just read once in a while. Spitzer wrote an op-ed in the NYTimes that spelled out the crime Republicans were doing that would bring a Stock Market Crash, the article was written before the Crash in time to stop it. But the GOP quickly arrested Spitz for hiring a prositute and lying about how he used campaign mony knowing it was a lie. Spitzer is a wealthy man but Americans brought the lie hook line and sinker. With this as an example of how easy it is to fool Americans and yes Bush/Cheney have done it for 7 years the terrorist are laughing on how easy in some ways to easy to do what ever they want when ever they want. It's like Chicken Little the Sky is Falling and American keep looking up while being robbed. Now when this case is finished it will blow Americans away to see if they had paid more attention to what Spitzer had reported the Stock Market would not have crashed and millions would not have lost their life savings. But as my GrandMother said there's a fool born every day if he don't ask questions and may attention.