Is Spitzer Unethical?

I took a lot of heat from readers the past couple of weeks about my Dec. 20 column, in which I noted the cozy relationship between New York Attorney General Eliot Spitzer and the new top dog at Marsh & McLennan Companies, Michael Cherkasky. The twowhose minions are working on a settlement of civil charges stemming from alleged bid-rigging and contingency fee abuseare far from strangers. They worked together for Manhattan District Attorney Robert Morgenthauindeed, Mr. Cherkasky was Mr. Spitzers boss!

The two went their separate ways but remain on friendly terms. New York Newsday reported they still play tennis together, and that since 1998, MMCs CEO has given $18,500 to help the attorney general fund his campaigns. Mr. Spitzerwho is running for governoreven wrote a glowing blurb for Mr. Cherkaskys book on terrorism, “Forewarned.”

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