The Eliot Spitzer Revenge Portfolio
7391 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by sarah z
DESCRIPTION:

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
    Amer Intl Group I
  • $20.00
  • +1.83%
  • $19.66

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 Co
  • $31.94
  • +0.79%
  • $31.62

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
  • $18.12
  • +1.57%
  • $18.01

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: C- What is this?

  • +
  • MER
    Ml Co Cmn Stk
  • $25.27
  • +4.85%
  • $24.10

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
  • $39.57
  • +3.42%
  • $38.29

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: ALLBBOFLCMECZFCFKFSGFSIITG

TheStreet.com Rating: D What is this?

  • +
  • MSO
    Martha Stewart Li
  • $7.89
  • +0.13%
  • $7.88

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: C- What is this?

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

Cramer's Take on Top-Searched St...

There is very little action in the market right now. It drifted up on light volume and declining oil prices. But there were a few interesting pieces of earnings news. ...

08.28.08 | 18:07 PM
Interview With Legenday Ken Fish...

By Stockpickr Guest Columnist Fred Fuld of Stockerblog.com How Ken Fisher's Investing Style Differs From Jim Cramer's, Bill Gates' and Warren Buffett's Recently, I...

08.28.08 | 17:51 PM
Arizona Stocks

Did you know that Arizona has helium? As a matter of fact, Arizona is home to some of the richest helium-containing gas in the world. A recent increase in the value of he...

08.28.08 | 17:45 PM
Top 14 Stocks Going Ex-Dividend ...

If you are interested in buying dividends, there are lots of stocks in several different sectors and industries to choose from. Keep in mind that you have to buy the stock ...

08.28.08 | 09:15 AM
more articles
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZackAttack
Cartoon Thread
11.15.07 | 20:31 PM From author Peter near Matanzas Inlet
stockpickr meeting in chicago
08.12.08 | 23:17 PM From author michael morse
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
more forums
today 's lists
52-Week Highs

Each day we'll select up to 10 stocks on the 52-week high list and give commentary. This is not a comprehensive list of the 52-week high list but just select stocks we thin... more

Mid-Cap Value Plays

This is a screen of mid cap stocks, i.e. with market capitalizations between $1 billion and $5 billion that also have a P/E less than or equal to 10 and a quick ratio of gr... more

Biggest % Losers

Here is the stock list of the largest % losers from the prior trading day. more