What next for the ambitious career politician who fell from the heady heights of New York governor after being linked with a prostitution ring? Journalism, apparently.
Maybe no-one else would take him, but Eliot Spitzer has re-emerged on the magazine site Slate.com a modest nine-months after the scandal of his involvement in a $1,000-per-hour prostitution ring.
Nope, no prostitutes here. Photograph: wonderferret/Flickr/Some rights reserved
Spitzer has begun writing a column for the site on the economy and financial regulation, group editor Jacob Weisberg said last night. The first column explains why the government should not bail out big financial institutions, and that that money could have been used to "increase the intellectual capabilities of the next generation". "Our dependence on entities of this size ensured that we would fall prey to a 'too big to fail' argument in favor of bailouts," he wrote.
Weisberg said Slate approached Spitzer several months ago about writing the column, and would have hired him "even if he'd never been governor".
"He was the de facto national regulator of the financial industry. I think he just has a keen understanding and a shrewd perspective on those issues," Weisberg said of the former 'Sheriff of Wall Street' - who had developed a reputation for cracking down on prostitution and financial crime.
