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ABC News: Spitzer, Not the Prostitution Ring, Was the Subject of Investigation | 70 comments (70 topical)

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Doesn't pass my smell test (5.00 / 2) (#7)
by ineedalife on Mon Mar 10, 2008 at 07:29:18 PM EST
Money going out of his account made a bank employee suspect he was taking bribes? Right.

I wonder if we will ever learn the identity of this good citizen? The Linda Tripp of the New York financial industry? Or a friend of Joseph Bruno? Or an entirely made up person to cover for their hit job?

Not saying Spitzer should skate on this, but if there are political hits are going on we should know about it.

I am dubious as well (5.00 / 3) (#10)
by Jeralyn on Mon Mar 10, 2008 at 07:34:25 PM EST
of the ABC report.

Maybe he withdrew amounts over $10k within a 24 hour period using an atm machine?

It does sound like someone dropped a dime on him, and I'm not sure I buy it was a bank employee.

[ Parent ]

Sounds like Senator Bruno and Schrub dropped the (5.00 / 1) (#15)
by Harry Davis on Mon Mar 10, 2008 at 07:42:13 PM EST
dime on Spitzer after Spitzer was caught tailing Bruno's activites.

[ Parent ]
I've always assumed that (5.00 / 1) (#19)
by sarcastic unnamed one on Mon Mar 10, 2008 at 07:47:33 PM EST
"someone" is always looking at high-profile pols' bank accounts.

[ Parent ]
"money transfers" (none / 0) (#13)
by Kathy on Mon Mar 10, 2008 at 07:39:01 PM EST
surely not cash withdrawals?  ATM machines have limits on how much and how often you can access, anyway.  The governor going to a bank and cashing a check made to "cash"?

I assumed he was doing wire transfers, but I am just basing that on my interpretation of the wording.  

[ Parent ]

From what I understood of the complaint (5.00 / 2) (#24)
by litigatormom on Mon Mar 10, 2008 at 07:53:30 PM EST
he was avoiding wire transfers by sending cash through the mails.  ATMs usually limit you to $500 or $1000 in cash withdrawals per day.  So, I'm beginning to have a hard time understanding why a bank would be concerned by  cash withdrawals by Elliot Independently Wealthy Spitzer that necessarily had to be no more than 10% of the $10,000 limit. How could such withdrawals be "structuring"?

[ Parent ]
Actually (none / 0) (#49)
by Andy08 on Mon Mar 10, 2008 at 09:43:34 PM EST
you can increase these limits to much larger sums.
The dafault is 500 or 1000; but you can change that
to be --say- 3500 or more dependig on your account balance.


[ Parent ]
No, paying bribes (5.00 / 1) (#40)
by gyrfalcon on Mon Mar 10, 2008 at 08:43:55 PM EST
or blackmail or whatever.  Lord knows, Eliot Spitzer has no need of bribe money!

[ Parent ]

ABC News: Spitzer, Not the Prostitution Ring, Was the Subject of Investigation | 70 comments (70 topical)

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