With gritted teeth, I cast my vote last week for the insurance industry's nemesis, Eliot Spitzer, to become the next governor of New York. How could I do such a thing?

There is no doubt Mr. Spitzer is a bully. (Which prosecutor isn't?) There is no doubt he abused his authority and used the media shamelessly as a club to browbeat targets into settlements.

However, there is also no doubt that as the state's crusading attorney general, he uncovered serious wrongdoing–not only in the insurance industry (catching big brokers and carriers red-handed in bid-rigging and contingency fee abuse), but earlier on exposing outrageous anti-consumer behavior by the mutual fund business and the investment banking community.

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