The Eliot Spitzer Revenge Portfolio Portfolio - Stockpickr! Your Source for Stock Ideas

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.

AIG
Amer Intl Group N
$34.68
-0.91%
$35.24

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: AA IBM INTC JNJ JPM KO MSFT

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MMC
Marsh Mclennan Co
$22.82
0.00%
$22.82

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

People owning MMC also tend to own: CAG CCE EXH FHN IP JAVA LNCR

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C
Citigroup Inc
$4.17
-0.95%
$4.23

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: ACE BAC CB COP CVX DIS GS

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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: AIG ALL AXP BAC BRK-B C COF

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NYX
Nyse Euronext
$25.78
-0.39%
$25.91

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: AIG BA C CPWR DIS FWLT GS

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MSO
Martha Stewart Li
$4.70
-2.69%
$4.84

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

People owning MSO also tend to own: PGR TIVO GOOG NWS PSA SHLD SIRI

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