The Spitzer Sting

Beat the Devil

By Alexander Cockburn

This article appeared in the March 31, 2008 edition of The Nation.

March 13, 2008

Was there a medium-sized right-wing conspiracy to nail Eliot Spitzer, above and beyond Spitzer's own diligent efforts in the same cause? It certainly looks like it. It's clear that the feds start ed with Spitzer, whose wire transfers led them to the Emperors Club VIP, a prostitution business efficiently administered by a 23-year-old Blair Academy grad, Cecil "Katie" Suwal, on behalf of her 62-year-old boyfriend, Mark Brener, from a high-rise in Cliffside Park, New Jersey, with fine views of Manhattan.

The official line is that it was Spitzer's efforts to break down a $10,000 transfer to an account fronting for Emperors Club that alerted clerks at his Manhattan branch of Capital One's North Fork bank. A similar transaction at another bank where Spitzer had an account also supposedly twitched a red flag. Banks have to report transactions of $10,000 and up to the Treasury Department. People not wanting to have their bank snitch to the feds about their transactions routinely keep the sums below the red-light figure, so the feds have told the banks to adjust their mandatory snooping to report smaller sums, or sums that add up to $10,000.

Like innumerable other affronts to privacy, this reporting requirement began as a tool in the "war on drugs" and is now part of the furniture of our lives. All the same, it strains credulity to believe that North Fork's "suspicious activity report" on a well-known and presumably valued client immediately aroused the interest of the IRS employee scrutinizing the many SARs churning through his computer on Long Island. The official version has the IRS man noting Spitzer's name, then passing the information up the food chain to the Justice Department and the US Attorney's office in Manhattan.

Subscriber Login

4 ISSUES FREE

Subscribe Now!

The only way to read this article and the full contents of each week's issue of The Nation online is by subscribing to the magazine. Subscribe now and read this article -- and every article published since for the past five years -- right now.

There's no obligation -- try The Nation for four weeks free.

.

About Alexander Cockburn

Alexander Cockburn has been The Nation's "Beat the Devil" columnist since 1984. He is the author or co-author of several books, including the best-selling collection of essays Corruptions of Empire (1987), and a contributor to many publications, from The New York Review of Books, Harper's Magazine, The Atlantic Monthly and the Wall Street Journal to alternative publications such as In These Times and the Anderson Valley Advertiser. With Jeffrey St. Clair, he edits the newsletter and radical website CounterPunch, which have a substantial world audience. more...
Most Read

Issues »

Most Emailed

Issues »

Popular Topics

Blogs

» The Notion

FDR Mania | Turn to News.Google.com, if you want to take the temperature of American hopes and fears right now.
Tom Engelhardt
Posted at 3:52 PM ET

» State of Change

Obama's Big Tent | His foreign policy team has more ideological continuity with the President-elect than contrasts.
Ari Berman
Posted at 2:14 PM ET

» Act Now!

World AIDS Day | How to help in the fight against the AIDS pandemic.
Peter Rothberg
Posted at 12:36 ET

» The Beat

Why Obama's Got "Complete Confidence" In Clinton | She won't bring the change his backers believed in. But Obama never really shared that belief.
John Nichols

» Editor's Cut

Robert Gates: Wrong Man for the Job | What we need after eight ruinous years is experience informed by good judgment.
Katrina vanden Heuvel

» The Dreyfuss Report

Obama's New Team at State, Defense, NSC | And some comments about why John Brennan didn't get the CIA job.
Robert Dreyfuss

» Passing Through

Forget GM's Plan -- Where's The Government's Plan? | Create a demand for green cars.
Jane Hamsher

» Capitolism

Is Personnel Policy? | How much do personnel choices reflect the Obama administration's policy direction
Christopher Hayes

» And Another Thing

Election Updates --Good News and Not | Details on some ongoing stories
Katha Pollitt