AG Watch

NY AG Eliot Spitzer has just settled with Waddell & Reed, Inc., a Kansas City-based mutual fund manager. The press release notes, “The Waddell & Reed agreement is the 19th settlement since the Attorney General’s Office began the probe of improper mutual fund trading activity in July 2003. To date, these settlements have resulted in more than $3.4 billion in restitution for investors.” [low whistle] It’d be hard to deny that Mr. Spitzer accomplishes what he sets out to do. But what is it he sets out to do, exactly, and how does he get it done?

Brooke A. Masters of the Washington Post has written a book about Mr. Spitzer, Spoiling for a Fight: The Rise of Eliot Spitzer, which addresses these questions and more…and we’re gonna have a BOOK FORUM! Ms. Masters and Federalism Project director Michael Greve will discuss the book and Mr. Spitzer’s redefinition of the role of attorney general. The Honorable William H. Pryor Jr., of the United States Court of Appeals for the Eleventh Circuit, and a former attorney general of Alabama, will moderate.

Mark your calendar: August 7, 2006; 2-4 p.m.

See you there!