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James Hossack 12 Mar New York Governor Eliot Spitzer resigned from office on Wednesday, succumbing to threats of impeachment and mounting media pressure over his involvement in a career-ending prostitution scandal. Speaking to reporters in New York, where he had been holed up since news of his involvement with a high-end call-girl ring emerged on Monday, Spitzer said he had failed to live up to the standards expected of public officials.

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Democratic New York Governor Eliot Spitzer issued a public apology but stopped short of resigning after the New York Times revealed he was involved in a high-end prostitution ring. New York Governor Eliot Spitzer, a Democrat known for his moral crusading, issued a public apology but stopped short of resigning Monday amid reports he was involved in a high-end prostitution ring. Spitzer, a father of three who built his career fighting corporate corruption as New York state attorney general, issued only a brief statement after the reports broke, saying he had failed to live up to his own standards.

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At Lt. Paterson's request, the resignation will be effective Monday, March 17th," Mr Spitzer announced. Mr Spitzer 48a Democrat, had faced intense pressure to resign and impeachment threats from Republicans since the New York Times reported on Monday that he was caught on a federal wiretap arranging to meet with a prostitute.

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During the course of an investigation into Emperors Club VIP, the federal government became aware of Spitzer's involvement with prostitutes due to a wiretap. Following the public disclosure of his actions, Spitzer resigned as Governor effective March 17, The investigation of Spitzer was initiated after North Fork Bank [1] reported suspicious transactions to the Treasury Department's Financial Crimes Enforcement Network as required by the Bank Secrecy Actwhich was enhanced by Patriot Act provisions, enacted to combat terrorist activity such as money laundering.

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The disgraced politician steps down, saying, "I did not live up to what was expected of me". Eliot Spitzer announced his resignation during a brief statement delivered Wednesday morning from his downtown Manhattan office. His stepping down comes in the wake of his being linked to a prostitution ring.

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His resignation completed a fast and spectacular downfall for the former New York state chief prosecutor who rose to prominence by probing financial crime with a publicity-conscious vigor that earned him the nickname Sheriff of Wall Street. Spitzer, 48, is married with three children. Spitzer, a Democrat, had faced intense pressure to resign and impeachment threats from Republicans since Monday, when The New York Times reported he was caught on a federal wiretap arranging to meet a prostitute in a Washington hotel room.

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Spitzer, 54, was governor of New York from to when exposure of his liaisons with Washington call girls forced his resignation. Spitzer is the second prominent New York Democrat in recent weeks to attempt a comeback from a sex scandal. Anthony Weiner, 48, a former congressman who was brought down after sending women lewd pictures of himself via Twitter, is running for mayor.

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By Isabel Vincent. Constantine wondered what could be so pressing that it required him to wake up at 4 a. Frustrated, he picked up the phone and called the New York governor who was just beginning the second year of his term.

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Eliot Laurence Spitzer born June 10, is an American politician, attorney, and educator. After serving for six years as a prosecutor with the office of the Manhattan District Attorney, Spitzer worked as an attorney in private practice with several New York law firms. He was then elected to two four-year terms as the Attorney General of New Yorkserving from to ; during this period, Spitzer became known as the "Sheriff of Wall Street" for his efforts to curb corruption in the financial services industry.

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New York Gov. Eliot Spitzer announces his resignation with his wife, Silda, at his office in New York. Timothy A.

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