2026-08-26
46 分钟He's done something unbelievably stupid.
He starts taking out big bundles of cash from his bank account.
This gets reported to the FBI, who then promptly set up a sting.
They actually initially think, oh, maybe he's taking bribes.
And so they set up a sting to figure out what's going on, and they discover he's going to the Emperor's Club.
The Emperor's Club, what's that?
Is that like all these New York clubs they have, like the Metropolitan Club or the Century Club?
No, sadly for him, it was a high-class escort service.
Oh, dear.
Today, on the story of money, the rise and fall of a man who made his name taking
on America's biggest banks in the early 2000s and who transformed the way that Wall Street was policed.
He was a politician hailed as a future presidential contender,
a moral crusader who promised to clean up investment banking's cultural greed,
but also a man who, in a spectacular twist, was brought down by his own secret and somewhat sordid double life.
I'm talking about Eliot Spitzer.
As New York's Attorney General in the late 1990s and early 2000s, he transformed financial regulation, exposed conflicts
of interest and forced some of the most powerful financial institutions in the world to change their ways.
In fact, his nickname was the Sheriff of Wall Street.
And for a while, few people were more feared in American finance.
Until it all came crashing down with a sex scandal.