Spitzer Attacking Again
Eliot Spitzer never found an industry that couldn't be sued. He extended this philosophy to gas stations, fining three of them $63 thousand for raising prices in the aftermath of Katrina.
No word yet on whether Spitzer will demand the return of profits on every homeowner who sold his house within the past four years. As everyone knows, homeowners have benefited from price increases due to an artificially low federal funds rate as a result of the 9/11 terrorist attacks. It sounds to me like they were taking advantage of something much worse than an environmental debacle.
"You cannot under New York law, and you cannot in good conscience, take advantage of an environmental debacle to extract unfair prices," said Spitzer.
No word yet on whether Spitzer will demand the return of profits on every homeowner who sold his house within the past four years. As everyone knows, homeowners have benefited from price increases due to an artificially low federal funds rate as a result of the 9/11 terrorist attacks. It sounds to me like they were taking advantage of something much worse than an environmental debacle.
posted by Richie Rich | 9:12 PM
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