Financial Services Industry
Industry: Email Alert RSS FeedRunning man
Risk & Insurance, Jan, 2005 by Steve Yahn
Spitzer seemed destined to have become a social activist. He was raised in the fashionable Riverdale section of the Bronx, the youngest of three children born to Bernard and Anne Spitzer. Both parents are children of Jewish immigrants. His father parlayed training as an engineer and a reputation for doing top-quality work into a New York real estate development empire that now numbers some of the finest high-rise addresses in the city.
Spitzer attributes his education at the Horace Mann School, where he was captain of the tennis team and lost his first political election, for fundamentally shaping his view of the world.
Most PopularCBS MoneyWatch.com Articles
"It is the notion," he says, "that there are children who have to be taught to be free thinkers ... to be willing to stand up to authority and say, 'That is not necessarily correct.'"
As an undergraduate at Princeton University, where he studied government and public-policy issues, Spitzer was elected student body president as a sophomore and played on the tennis team. At Harvard law school, he was an editor of the prestigious Harvard Law Review. He also was a brilliant, indefatigable researcher and sometimes ease maker for Alan Dershowitz, the school's famed criminal law professor and famed defense attorney.
Social activism begins at home for Spitzer and his wife Silda A. Wall, a North Carolina native and also a graduate of Harvard Law where they met. Their three daughters--Elyssa, 14; Sarabeth, 12; and Jenna, 10--attend Horace Mann School, where Silda is a trustee.
Silda stresses that she and Eliot assiduously strive to keep their professional lives separate. But a nonprofit organization the couple established in 1996 before Eliot was elected attorney general reflects their shared social and moral values. The Children for Children Foundation, of which Silda is president, runs an array of programs that encourage children of all socioeconomic backgrounds in New York to reach out and help disadvantaged children (often through schools in underprivileged parts of the city). In turn, the children receiving a helping hand move on chain reaction fashion to assist others.
STEELY BLUE EYES
At home, say close family friends, Eliot Spitzer's steely blue-eyed, lantern-jaw visage as his state's chief law enforcement officer softens easily to that of loving husband and father. "When we're done with our weekly 5:45 morning tennis match," says Constantine, "Eliot always calls the house to make sure everything is okay with the girls as they're getting ready to go to school."
In the midst of growing pressures, the real question is: Can Spitzer relax? Insiders note that Spitzer can flash a fearsome temper with staffers he believes have let down the cause, and he has "a reputation for righteously upbraiding errant corporate executives in meetings at his office. "It's getting harder for him," says Constantine. "But children have a way of humbling you. And he and his family have a farm in upstate Columbia County that gives them a place to get away to at times."
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- CUSTOMER WIN: BEA China Selects BMC Software to Deliver Business Service Management Platform
- SiBEAM Invigorates CE and PC Industries with Launch of Products and Partnerships to Fuel WirelessHD® Expansion
- Research and Markets: China Chocolate Market Overview 2009-2010: a Guide to Selling Chocolate in China with Full Forecasts to 2010 and Key Statistical Data
- Project Management Institute Global Accreditation Center for Project Management Education Programs Extends Agreement with China National Steering Committee of Professional Education of Masters of Engineering
- Research and Markets: China Sulfur Industry Report Reveals the Market Increased Greatly, Importing 9.72 Million Tons in the First Nine Months Alone in 2009
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- Using object-oriented analysis and design over traditional structured analysis and design
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions



