Is Spitzer Unethical?

I took a lot of heat from readers the past couple of weeks aboutmy Dec. 20 column, in which I noted the cozy relationship betweenNew York Attorney General Eliot Spitzer and the new top dog atMarsh & McLennan Companies, Michael Cherkasky. The twowhoseminions are working on a settlement of civil charges stemming fromalleged bid-rigging and contingency fee abuseare far fromstrangers. They worked together for Manhattan District AttorneyRobert 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 theattorney general fund his campaigns. Mr. Spitzerwho is running forgovernoreven wrote a glowing blurb for Mr. Cherkaskys book onterrorism, “Forewarned.”

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