Wednesday, March 12, 2008

Eliot Spitzer Resigns as Governor; Lt. Gov. Paterson to Succeed Him

New York Gov. Eliot Spitzer announced his resignation this morning, completing a stunning fall from power following revelations about his involvement in a high-end prostitution ring.

Mr. Spitzer's resignation will be effective Monday. He will be succeeded by Lt. Gov. David Paterson, who will become New York's first black governor.

Eliot Spitzer announces his resignation following revelations about his involvement in a high-end prostitution ring.

"The remorse I feel will always be with me," Mr. Spitzer said at a Manhattan news conference with his wife, Silda, at his side and his aides nearby. He spoke for just over a minute and didn't take questions from reporters.
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