Word: spitzer
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...Wednesday, Eliot Spitzer hit bottom. For a man who so often seized the moral high ground, it was an excruciating fall. Clad in his trademark starched white shirt, the governor resigned, sunk by his stunning patronage of a high-end prostitution ring. "I cannot allow my private failings to disrupt the people's work," he said. "To every New Yorker, and to all those who believed in what I tried to stand for, I sincerely apologize...I look back on my time as governor with a sense of what might have been." His wife Silda stood heartbreakingly next...
...next are several potential legal repercussions. The fallen governor's Feb. 13 dalliance with "Kristen" - the "petite, very pretty" brunette, as described by court papers, who has become the world's most famous anonymous prostitute - leaves Spitzer, 48, vulnerable to federal charges. A lengthy affidavit reveals that he arranged for his consort to travel from New York to Washington for their $4,300 tryst - a violation of the Mann Act, an archaic statute that, though rarely invoked, has Spitzer pinned because it forbids "transportation of a person across state lines for purposes of prostitution." "It's an undeniable Mann...
There are also questions about whether Spitzer could be prosecuted for tax fraud if he "structured" his payments to the Emperors Club VIP through shell companies. "What it's really going to depend on is how the money was paid," Burstein told TIME, adding, "If his name was not Eliot Spitzer, it's virtually inconceivable that there would be any question of prosecution." Still, he put the odds...
...hope the government does not pursue him," says Ed Koch, the former New York City mayor. "Losing his position as governor based on what's happened is one of the greatest punishments that could have been inflicted on him." Some had speculated that Spitzer, who had been holed up in his Fifth Avenue apartment since his initial apology Monday, was negotiating a deal to avoid prosecution. But U.S. Attorney Michael Garcia denied that was the case. "There is no agreement between this office and Governor Eliot Spitzer, relating to his resignation or any other matter," Garcia, of New York...
Amid the uncertainties, it seems clear Paterson's geniality represents a welcome change in Albany. "He's not a bully," says Perkins. "But he's not a pushover, either." If he is to succeed, he must be neither. Just weeks into his term, Spitzer famously dubbed himself a "steamroller" (an appellation he preceded with an expletive). The critical challenge for his successor is not to get steamrolled...