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Spitzer3In a development sure to send shock waves throughout the insurance industry, President Barack Obama today named New York’s disgraced former governor and attorney general, Eliot Spitzer, as his new “Czar” to implement health care reform.

“I cannot think of anyone more qualified to see to it that all the promises of our new health care reform legislation are kept to the millions of Americans without insurance today, and who could find themselves without coverage tomorrow should they lose their job, or have to choose between paying health premiums or their mortgage,” President Obama said this morning in a Rose Garden ceremony.

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