Documentary Review: Client 9: The Rise and Fall of Eliot Spitzer

Client 9: The Rise and Fall of Elliot Spitzer

Directed by Alex Gibney

Written by Documentary

Starring Elliot Spitzer 

Release Date November 5th, 2010

Published December 22nd, 2010

Eliot Spitzer does not easily earn your sympathy. A child of privilege, Spitzer used a combative, bombastic style of politics to battle his way to the top of New York state political apparatus. Then, at the apex of power, he allowed his weakness for sexual encounters unencumbered by emotion, those that could be paid for without an emotional toll to pay, to end what should have been a merely colorful but deeply impactful career to be derailed.

Alex Gibney’s documentary Client 9: The Rise and Fall of Eliot Spitzer tells the three track story of Eliot Spitzer’s life from his rise to Attorney General of New York in the late 90’s to his crowning himself the ‘Sheriff of Wall Street’ where he battled corruption and dirty financial dealing in ways that few had done before to his astonishing fall from power.

Track one of Client 9 is about the exciting and sexy world of high end escorts. As Wall Street rode the boom of the late 90’s internet explosion and the rise of deregulation in Washington, high end escort services boomed to service a new crop of mini-millionaires riding high on the filthy lucre of derivatives trading and mutual fund meddling.

The best of the best of this new era of the whorehouse was New York’s Emperor’s Club where models, athletes and wannabe starlets paid their bills by offering what was dubbed “The Girlfriend Experience” to Wall Street’s elite. The Girlfriend Experience is package that allowed clients to act as if their escort was really a date, merely one that was guaranteed to end in sex.

Whether Eliot Spitzer signed up for The Girlfriend Experience or not is up for debate. What is known is that as Governor of New York; Spitzer somehow managed to set up thousands of dollars worth of escort’s services through The Emperor’s Club under the nomme de plume George Fox and that at least one of these trysts with an escort named Ashley Dupre, variously known as Veronica or Kristen depending on the client, was captured on a wiretap.

Track two of the story of Client 9 lays out the background in front of which the Eliot Spitzer’s story became the ultimate distraction. As Wall Street’s self appointed Sheriff Eliot Spitzer led a crusade against powerful Wall Street fat cats with massive bonuses and the shadiest of shady practices among traders and trading firms. In his fight Spitzer made powerful enemies such as former NYSE Chairman Kenneth Langone, former AIG CEO Hank Greenberg and longtime Republican dirty trickster Roger Stone.

These three men, two powerful and one who knows how to manipulate that power, each had a serious bone to pick with Spitzer as their money was at stake in Spitzer’s crusade against the dirty deals on Wall Street. As Alex Gibney lays out the story each of these men emerges as unabashed bad guys in interviews, in their own words they admit with relish the joy they took in watching Spitzer fall and leave plenty of evidence behind of what they may have known and even influenced in the case against Spitzer.

Spitzer’s story became the perfect distraction from the trouble Wall Street was in 2007 and 2008. AIG, with Hank Greenberg as CEO, certainly needed a distraction what with their illicit practices leading to a massive collapse that required a multi-billion dollar bailout from Washington. That they could distract from that story by watching the man who started the investigation of them seems almost too perfect, a point not missed by director Gibney.

The third track of Client 9 is Eliot Spitzer in his own words and here is where the story stumbles. In his words Spitzer is not a man prone to introspection. Thus, Spitzer is not as forthcoming as many would hope. His inability to open up combined with the roughhewn political style demonstrated throughout the story make Spitzer a less than sympathetic central figure.

Does he own what he did? Yes, but he also doesn’t offer any apologies and while he refuses to speculate or lay blame on others for what happened to him, Spitzer is enigmatic about what drove a man with his powerful enemies, high profile and so much at stake to take such ridiculous chances for mere sexual favors. These are the things of which a sex addiction is made yet, slightly to his credit; Spitzer avoids a simple diagnosis for why he did what he did.

The most controversial figure in Client 9 is not Spitzer or his powerful enemies but rather an actress. Wrenn Schmidt plays the role of Angelina the fake name of the real escort who was Spitzer’s most often paid for companion. When the real Angelina agreed to talk with Alex Gibney off camera with assurance that her name and face would never be revealed, Gibney made the controversial decision to have Ms. Schmidt act out a transcript of his interview with Angelina.

The information is revealing and it applies to all three aspects of the story of Client 9. It’s fair to say that the information she reveals is necessary to the outsize, ambitious narrative Gibney paints, one of conspiracy meeting flawed humanity in the form of a Modern Greek Tragedy. But, having an actress play act the words of Angelina leaves one feeling a little uneasy as if on slightly shaky ethical grounds.

Thankfully, Alex Gibney does not push the ethical envelope too much and admittedly there is a certain humorous irony to pushing the bounds of decency in a story about Eliot Spitzer. Nevertheless, Client 9: The Rise and Fall of Eliot Spitzer is, if at times uncomfortable, an engrossing story told with a bold voice and a grand vision, a flawed man, a flawed story and a near perfect documentary.