Tuesday, November 22, 2005
Special Prosecutor Fitzgerald may not be the only one back-peddling. It seems that Eliot Spitzer has had to re-evaluate some of his cases. Most recently he has decided to drop fraud charges against an individual associated with Canadian Imperial Bank of Commerce. (see Wall St J here) Spitzer had previously decided not to proceed against a Bank of America broker after a trial found the broker not guilty on most of the counts and hung on four counts. It is important for a prosecutor to re-evaluate his or her case, especially after a hung jury. With limited tax dollars it is important that prosecutors use these resources wisely.