Wall Street's toughest cop award would undoubtedly go to Eliot Spitzer. But in the aftermath of the scandals that the New York Attorney General unveiled, other regulators are taking an aggressive approach to cracking down on crime on Wall Street.

Newsweek says it has learned that while Spitzer's office and the Securities and Exchange Commission are both working on the AIG-General Re case, the two regulators have taken markedly different approaches to their investigations.

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