MutualFundWire.com: Bogle Defends Spitzer
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Wednesday, March 12, 2008

Bogle Defends Spitzer


Jack Bogle defended Eliot Spitzer in Wednesday's WSJ, saying Spitzer "had an enormously positive impact on the securities industry...he really wanted reform. It wasn't just for the headlines." Bogle also made a prediction about Spitzer's future saying that although it saddens him, he expects Spitzer to leave office soon. However, Bogle also said that Spitzer did get a little too caught up in crusades: "He did some things that were a little too aggressive."


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