Spitzer Quits as New York Governor; Paterson Elevated
By Henry Goldman and Karen Freifeld

March 12 (Bloomberg) -- Eliot Spitzer resigned as governor of New York, brought down by allegations that he patronized a ring of high-priced prostitutes.

Spitzer, who apologized to all New Yorkers, said his resignation is effective March 17. Lieutenant Governor David Paterson, 53, will become the state's 55th governor, serving out the rest of Spitzer's term, which expires Dec. 31, 2010. Paterson, a Democrat like Spitzer, will be the state's first black governor.

"People regardless of their position or power take responsibility for their conduct. I can and will ask no less of myself,'' Spitzer, 48, said today at a Manhattan press conference, accompanied by his wife Silda. ``For this reason, I am resigning.'' the rest

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Added: Pro-Abortion, Pro-Homosexual Spitzer Resigns After Being Caught in Sex Scandal