Property Casualty Insurers Association president Ernie Csiszar has bitterly complained about New York prosecutor/gubernatorial candidate Eliot Spitzer’s unfair use of the threat of jail and trial by media against business executives. Spitzer is himself guilty of conflict of interest, but answers to no higher authority. This is perhaps the most frank and pointed protest against Spitzer recorded to date by an industry leader.
Csiszar: “Spitzer has discovered the ultimate weapon of mass destruction. It wasn’t Saddam Hussein; it was Spitzer’s corporate terrorism, the threat of an indictment, the threat of going to jail.”