After interviewing the CEO of a Geneva-based fund company at their Park Avenue headquarters some years ago, I couldn't help but notice their private stretch limousine parked out front. The vanity plates tipped it off. The shareholders sure would love to know about that one, I thought at the time.

What's fueling the investigations into mutual fund trading and compensation practices, which Spitzer pretty much single-handedly spearheaded, is not just the CEOs he's turned into the Kozlowskis and the Grassos of our industry.

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