The Importance of Being Eliot

Wall Street - and some of Asia's markets as well - should really panic if New York's voters give Eliot Spitzer (again) to troll through corporate records looking for wrongdoing - and if the name Jesse M. Unruh rings a bell. Spitzer, the disgraced former New York governor and attorney general best remembered for his forced resignation five years ago after being revealed as "client #9" in the wake of a prostitution scandal, announced last week his return to the political spotlight by running for office - as the New York City Comptroller.

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