A Fight On His Hands
Conventional wisdom holds that Spitzer’s latest salvo against former New York Stock Exchange chairman Richard Grasso–to recoup a chunk of Grasso’s disputed $139.5 million pay package-will earn him even more points. “The public is irate over excessive compensation,” says Jacob Zamansky, a lawyer who represents investors. But conventional wisdom may be wrong. Grasso has launched a spirited attack on Spitzer’s motives, portraying himself as a victim of an ambitious pol....