New York

Eliot Spitzer Planning To Run for New York City Comptroller

If successful the former governor would manage $140 billion in pension funds

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Eliot Spitzer, the hard-charging former New York Governor and onetime "Sheriff of Wall Street," who resigned five years ago in a spectacular fall from grace following a prostitution scandal, is returning to New York politics. Spitzer, a Democrat who called himself "the Steamroller" for his aggressive brand of political combat, said Sunday that he's running for New York City comptroller, an important but under-appreciated city office that presides over the management of $140 billion in city pension funds. In this role, Spitzer, 54, could exert considerable influence over New York City's financial health.