Spitzer's No McCarthy

New York Attorney General Eliot Spitzer is a lot of things. Tohis supporters, he is a hero–a crusader rounding up criminals whocheated the public. To his detractors in the insurance industry, heis a grandstander–a publicity hound and political opportunistlooking to ride a tempest in a teapot to the governorship.

Whatever you think of him, Mr. Spitzer is no “terrorist,” and hecertainly bears no resemblance to former U.S. senator and communistwitch hunter Joseph McCarthy. Yet that is exactly what a prominentindustry official charged in a verbal attack last week during asession on ethics at the American Association of Managing GeneralAgents' annual meeting.

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