Eliot Spitzer, who resigned in disgrace as governor of New York after a sex scandal, is apparently trying to become the Democrats’ newest Comeback Kid. In a recent op-ed in The Washington Post, Spitzer had the audacity to pontificate about how to “save capitalism from its own excesses.” But taking the sanctimonious, integrity-challenged Spitzer’s advice on regulating financial markets is like asking him to be your marriage counselor. The same day his op-ed ran, Mother Jones’ Washington Bureau chief David Corn suggested that Spitzer’s sexual misconduct should not disqualify him from overseeing the federal government’s $8.5 trillion bailout of financial institutions. Talk about turning a blind eye: Spitzer should not be allowed anywhere near the public purse.

While the former attorney general of New York crusaded against the lack of transparency on Wall Street, he hypocritically used a shell company to hide his payments to the “Emperor’s Club,” a high-priced prostitution ring. The suspicious transfer of funds reported by his bank eventually triggered the federal investigation that led to his resignation. The so-called Sheriff of Wall Street also kept more than $400,000 in campaign contributions from attorneys with Milberg Weiss, a class-action lawsuit factory whose four senior partners were convicted of paying $11.4 million in kickbacks to plaintiffs.