Commission to Modernize State's Financial Services Regulation

Albany, NY – Before he became Governor, Eliot Spitzer leaped to political prominence investigating wrondoings in the financial sector, making a name for himself as "The Sheriff of Wall Street". Now Spitzer is concerned Wall Street's status as the world's financial capital may be slipping. Capital District Bureau Chief Dave Lucas reports the Governor has assembled a blue-ribbon panel to look into rewriting outdated regulations governing financial services companies.