How a Brash New York City Comptroller Co

The news that Eliot Spitzer, the former New York state governor brought low by a prostitution scandal, willof New York City comptroller—essentially, municipal fiscal watchdog—was mostly greeted by titillation. If the city might wind up with a mayor , why not a comptroller known as “client no. 9″?

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While Spitzer faces tough competition for the job from Scott Stringer, the New York politician seen as the frontrunner, the ultimate winner could learn a lot from Spitzer’s time as the state’s attorney general, when he angered banks with an innovative and aggressive regulatory strategy. That seems to be Spitzer’s platform; as he told the New York Times, the office of comptroller “is ripe for greater and more exciting use of the office’s jurisdiction.” While some may hope that Spitzeron behalf of city taxpayers, it’s clear he’s itching to go after Wall Street again, using the comptroller’s powers as the trustee of the .

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