Welcome to the 21st Century.
But the former governor's demise brings to mind the glory that was once his and cannot be forgotten.
Spitzer, back when he was state Attorney General, stood up, virtually alone, to Wall Street and to the predatory lenders that were victimizing vulnerable homeowners in the state and driving them into foreclosure.
If there's any current or former official who should be praised for recognizing and taking action against the greedy bandits of Wall Street, it is Eliot Spitzer.
Character flaw, character schmaw. We know that Spitzer had hubris galore, that he was like a spoiled prince given reign too soon over the kingdom of York.
But to mix a metaphor, let's give credit where credit is due. He saw what others did not. He took action when others did not.
We should remember also that the feds clamped down on Sptizer pretty quickly, assuring he would go no further in his pursuit of Wall St. malfeasors and financial abusers of elderly homeowners.
And the clamper in chief, who would be George W. Bush, continued to allow Wall St. to run roughshod over the territory; as Spitzer fell low, Wall St. chortled gleefully and openly at his demise.
The rest, as they say, is history, a sad history of a nation made to suffer from Wall St.'s unchecked offenses.
Here's a modest proposal, bellowed to Barack Obama, that surely will fly as high as a recently-born, innocent bird:
Let's make Eliot Spitzer Secretary of Housing and Urban Development, as we hold the stones and put personal shortcomings in proper perspective.
[Note: the above is a Getty image and can be viewed on a Business Week website.]