Out with a Bang
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Eliot Spitzer may have less than a month left as New York State's attorney general, but the governor elect says there may be at least one more high-profile enforcement action against a major Wall Street firm before he leaves his post in January. In fact, Spitzer's office says it may take on two new Wall Street cases before year's end — one involving retirement products and another against a name-brand insurance firm concerning “a bread-and-butter securities case,” a senior attorney at the attorney general's office says.
