Scott Walker Fundraiser

Before the financial crisis and the Wall Street melted down at the end of the Bush administration, Eliot Spitzer was the crusading attorney general of New York.

At press conferences Spitzer would announce charges against the most powerful financial firms. He sued Merrill Lynch, JPMorgan Chase, Goldman Sachs, and insurance company AIG.


In 2005, before the financial meltdown, Attorney General Spitzer brought charges against AIG and two other firms, who were telling customers that they were three separate companies. Actually, the three companies were working together and secretly colluding amongst themselves to divvy up the business for their mutual gain. They were faking that they were in competition.

At that time AIG was being run by Hank Greenberg. The other two companies were being run by Greenberg’s sons. Greenberg was forced out of AIG in the ensuing uproar.

You may recall the AIG bonus scandal, and the outrage it created when it was learned that they planned to give bonuses to their executives for destroying Wall Street after they were bailed out by taxpayers to the tune of tens of billions of dollars.

Recently, Hank Greenberg hosted a multi-thousand dollar a plate fundraiser for the Republican governor of Wisconsin, Scott Walker in New York City. On the same day people were walking boxes of signed petitions into the offices of the Government Accountability Board in Wisconsin. Folks in Wisconsin aren’t waiting until the next election, they want Governor Walker out of office before his term is up.


The minimum number of signatures needed is just over half a million. The recall organizers were aiming for 720,000. That would give them a nice cushion in case some of the signatures were ruled to be invalid. They turned in more than a million names, which translates to 3,000 pounds of signatures.