The Eliot Spitzer Revenge Portfolio
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Created by sarah z
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Date updated:03-10-2008

It is worth looking at the companies and stocks that
Spitzer has literally torn apart over the past several years during
his tenure as New York state's highest law enforcement officer. These companies were brutalized in the courts and had to spend hundreds of millions of dollars defending themselves, regardless of the eventual guilt or innocence. Careers were lost or forever changed. Fortunes were gained betting against these companies.

symbol name last price % change open
  • +
  • AIG
    American Internat
  • $1.56
  • 0.00%
  • $1.64

Hank Greenberg lost his job and reputation when Spitzer refused to even deal with AIG unless he was removed.

People owning AIG also tend to own: AAIBMINTCJNJJPMKOMSFT

TheStreet.com Rating: D- What is this?

  • +
  • MMC
    Marsh & Mclennan
  • $19.53
  • 0.00%
  • $19.25

Hank's son, Jeffrey Greenberg, was also axed and replaced by Spitzer-recommended Mike Cherkasky.

People owning MMC also tend to own: AIGATMLBACBRCMCATCREEDVN

TheStreet.com Rating: C What is this?

  • +
  • C
    Citigroup Inc
  • $3.51
  • 0.00%
  • $3.61

Sandy Weill was axed when Spitzer made a run against Salamon analyst Jack Grubman for Jack's increased bullishness on Worldcom right when Worldcom was benefiting from extreme fraud.

People owning C also tend to own: AIGBACPWRDISFWLTGSHAL

TheStreet.com Rating: D What is this?

  • +
  • MER
    11.88
  • $11.78
  • 0.00
  • $11.78

Spitzer went against the investment banking firm's research outfit after among other things, uncovering emails such as Henry Blodget's famous "Lets put lipstick on this pig" email referring to a stock Blodget was supposedly recommending for the firm.

People owning MER also tend to own: AMGNANFBBBBCWCOELOSHARIIF

TheStreet.com Rating: D+ What is this?

  • +
  • NYX
    Nyse Euronext
  • $30.50
  • -1.99%
  • $31.42

The NY Stock exchange wasn't public then but Spitzer went all out against Dick Grasso's aggressive compensation package which exceeded $100mm.

People owning NYX also tend to own: AIGBACCPWRDISFWLTGS

TheStreet.com Rating: D What is this?

  • +
  • MSO
    Martha Stewart Li
  • $3.53
  • 0.00%
  • $3.42

The media giant's company was taken down ddring Eliot Spitzer's time as DA.

People owning MSO also tend to own: PGRTIVOGOOGNWSPSASHLDSIRI

TheStreet.com Rating: D What is this?

Portfolio not tracked!

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