Fox News: Spitzer To Resign
Nick Denton · 03/10/08 02:08PMEliot Spitzer, crusader against Wall Street's abuse of individual investors, is to resign as Governor of New York State, according to Fox News. If true, this marks the end of a remarkable political career. Just over a year ago, when the former Attorney-General took power in Albany, he was widely regarded as the one politician determined enough to break the administrative gridlock in the state, and a possible presidential candidate for the Democrats if he succeeded. Instead, Spitzer's resolve was easily mistaken for arrogance; the governor became bogged down in a political war with state Republicans, and the seemingly incorruptible crusader is now under indictment for prostitution charges, according to Fox.