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Would You Work For Eliot Spitzer?

Would you take a job in Eliot Spitzer's new real estate investment fund?

A New York newspaper reported recently that the deposed governor and former New York State Attorney General sounded out allies in the labor movement about eventually investing pension money in a planned venture that would seek bargains in the battered real estate sector. Spitzer apparently would manage the fund himself - thus following in the footsteps of his father, who built a Manhattan real estate empire in the 1960s and 70s.

Bottom-fishing in real estate is a popular activity of late, drawing some of the biggest names in the private equity world.

There's no word on whether Spitzer will be doing any hiring for the fund. If he does, would you think about joining his team?

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AUTHOReFinancialCareers News Insider Comment
  • E.
    E. Blake Mendez
    2 July 2008

    I probably would not work for him because he gravely breached a boundary of ethical consistency. He prosecuted individuals and companies for lying, conducting illicit activities, etc.; however, he carried on his own parade behind the scenes. Hypocrisy is not a valued virtue.

  • dh
    dhn
    20 June 2008

    Spitzer manifests too many signs of NPD ("narcissistic personality disorder") to treat anyone much better than as a tool to be used ... and tossed when he ... and he alone ... sees the tool as less useful. Empathy? Forget it. Balance? Forget it. Excessive self-importance? You betcha.

    If you haven't worked for someone w/ this, you don't want to! After a while, even great money is not enough. Go look up NPD "symptoms" on DSM-IV. See if you want to deal w/ it.

  • sa
    sandykaty
    19 June 2008

    yes, i would like to be the part of this new initiative which excites me most , as i believe that recession in any segment could be the best time to create new opportunity. Here in india i could be a resource raiser for the same.My background of finance and sales along with my passion in real estate gives me comfort to drive any initiatve which has fire .

  • An
    Anthony Lorizio
    19 June 2008

    While this financier chooses not to judge or assess Gov. Spitzer's personal behavior, I would join forces with him in a minute in business activity.
    The Governor pointed out that the present administration in Washington sold out the US consumer to the big banks and credit card companies. For doing so he became a political target and was killed off...temporarily.
    This writer hopes that the former Governor of NY will regroup politically and direct his intellectual expertise and consumer sensitivity toward further public office.
    When Abraham Lincoln was confronted by seemingly incongruent views, over time, he responded by saying that he had grown smarter and changed his views.
    While Governor Spitzer has payed the price for an error in judgment, his brilliance and ability to seek out corrupt corporate greed should be allowed back into the public domain.
    This writer is hoping that Elliot Spitzer will come back into the political domain and continue his service to his fellows.

  • JK
    JK
    19 June 2008

    There's always a lot you can learn from smart, aggressive guys with bad personal character. The bad character piece is the main reason one would want to be around Spitzer..it'd be fun.

    Since I'm not worried about my own financial future, I'd be excited by the opportunity. Safer than working for Tony Soprano, and I woudn't have to learn Sicilian.

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