Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again.

Senate Investigations Committee Chairman George Winner told the New York Post that subpoenas should be used to find out about the loans. In July 2007 he was admoniEliot Spitzerd for his administration's involvement in ordering the New York State Police to record the whereabouts of State Senate majority leader Joseph L. S.

Spitzer was born in New York and raised there by his father real estate tycoon Bernard Spitzer. His campaign was financed by a controversial multi-million dollar loan from his father. It was there that he met his future wife Silda Wall.