Spitzer "Disappointed" in Wall Street's Regulators

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June 19 (Bloomberg Law) -- Eliot Spitzer, former Governor and Attorney General for the State of New York, talks with Bloomberg Law's Lee Pacchia about the so-called revolving door between the public and private spheres. While he doesn't think the entire concept requires regulatory change, he does feel particular examples have shown an enormous problem of individuals improperly internalizing defenses of the private sector when they go to work for the government. Spitzer feels the issue is more about a person's capacity to change with their given roles. "Can people separate, emotionally and intellectually, one job from the past job...that's a very hard thing to do," he says.

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