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New Spitzer Biography Reveals 'Crusading Good Kid' With a Dark Side
Thanks to Eliot Spitzer's highly publicized attacks on fraud in the financial services industry, he's arguably the most famous New York-based prosecutor since Thomas Dewey. And he's the overwhelming favorite to win the Democratic nomination for New York governor. Attorney Michael Stern reviews a new Spitzer biography, "Spoiling for a Fight," by Brooke A. Masters, noting "there's a dark side to Eliot Spitzer the crusading Good Kid, of course, and Masters is scrupulous in painting that portrait as well."Activists Can't Block Citi's Purchase
Citigroup's $25 billion acquisition of Associates First Capital is getting a rough reception from community activists, but sources familiar with the transaction said federal regulators should clear the deal by year's end. It has become a battleground for activists because it is the first contested deal to be reviewed under a revised approval process that appears to exclude community reinvestment issues.GCs Call for Greater Diversity Among Top-Tier Firms
General counsel have some advice for law firms that say they are trying to diversify their ranks by hiring minorities: Try harder. Although many firms vow that diversity is a top priority demanding committee meetings, management strategy sessions and cut-throat recruiting, few are attacking the paltry numbers. Minority attorneys make up just 9.64 percent of the total number of attorneys in the nation's largest firms, according to The National Law Journal's most recent survey.Trending Stories
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