Meg Whitman and Goldman Sachs

In 2002, a Congressional Committee released a list of top corporate executives who had received personal investment offers from Goldman Sachs, which wanted to do business with their companies.  Making such offers, called "spinning," is now illegal. Meg Whitman, then CEO of eBay, was also on Goldman's Board. She accepted more than 100 of those offers, and she made $1.8 million. Now that Whitman's a candidate for Governor of California, LA Times business columnist Michael Hiltzik says that's news.