Spitzer Expected to Resign Within 48 Hours
NY gov will step down within 48 hours, sources tell local TV station
By M. Morris,  Newser Staff
Posted Mar 10, 2008 11:58 PM CDT
New York Governor Eliot Spitzer arrives at his Fifth Avenue apartment, Monday, March 10, 2008, in New York. Spitzer, the crusading politician who built his career on rooting out corruption, apologized...   (Associated Press)
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(Newser) – Eliot Spitzer, enmeshed in a federal investigation of a prostitution ring, will resign as governor of New York, likely within the next 2 days, CBS 2 in New York reports. Spitzer held a press conference today to apologize but didn't indicate what he was apologizing for and gave no indication of his plans. He has hired a high-powered New York law firm.

Meanwhile, Lt. Gov. David Paterson spoke with a state legislator who said the conversation left him with the impression a move was "forthcoming." Spitzer made his straight-arrow reputation as New York's crusading attorney general, light-years away from allegations that he is "Client 9" on the wiretap transcripts released yesterday, who arranged payment for a prostitute's services by saying, "Yup, same as in the past, no question about it."