Andrew Leonard on Eliot Spitzer’s new column at Slate:

But fundamentally, I’m just flat-out impressed. What do you have to do in this country to absolutely, completely, ruin your long-term income-generating potential? Americans are a forgiving bunch.

I’ve always been fascinated by the floor on how far people tend to be able to fall in our society, although I find the phenomenon more remarkable in business than in politics. A Slate column is not the same as being the governor of New York. But in business, once you’re in the CEO club, you’re in for life. The same goes for vice presidents, directors, managers, and so forth. In my experience, no failure is too spectacular to disqualify you from getting a job with the same title as you’ve had in the past.