Eliott Spitzer launched his political comeback attempt this week with a pitch to use the New York City Comptroller's office to shake-up corporate governance. Spitzer, known as the "Sheriff of Wall Street" for his aggressive enforcement policies as New York attorney general, resigned as New York governor in March, 2008 amid a prostitution scandal. He said on Monday he was seeking the comptroller's post and would leverage large shareholdings held by city pension funds to impose reforms and structural checks on company decision-making. Listed financial companies have been at the forefront of governance debates, and many governance provisions of the Dodd-Frank regulatory overhaul remain to be implemented. "This is not playing politics; this is about shareholder control of corporations," Spitzer said. "If shareholders abdicate this, passive institutional investor's lead to bad governance and that is to a great extent why we had the cataclysm of 2008," he added, referring to the global
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