Shame on CNN: Spitzer Doesn’t Deserve Another Chance
by Kristin DavisCNN is planning to bring disgraced former New York governor on as a commentator to replace the leaving Campbell Brown- thus condoning the criminal actions of Eliot Spitzer which he has never admitted or atoned for after using his influence to avoid prosecution.
WHY WOULD CNN TRUST SUCH A MAN ?
Should CNN now be called the Criminal News Network ? Eliot Spitzer violated federal money laundering laws as well as the Mann Act, which prohibits transporting a woman across state lines for the purposes of prostitution, which a Republican New York State Supreme Court Justice was charged, convicted and jailed for in 2009. Why not Spitzer?
WHY WOULD CNN CONDONE THIS BEHAVIOR?
Eliot Spitzer also violated Federal Money Laundering laws which were reported by two New York banks (North Fork Bank and HSBC) with the U.S. Treasury department and the Internal Revenue Service after Spitzer moved large sums of cash in bank accounts he controlled. The banks reported the transactions because they looked like “structuring” transactions. A structured transaction, according to the FFIEC’s Bank Secrecy Act (BSA) exam manual, is used to evade BSA reporting and certain recordkeeping requirements. They are used to hide the source, destination or reason the money is being sent. Spitzer broke the law.
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