Eliot Spitzer Caravan Picks up Disgraced New York Governor and Wife: Resignation Announcement Coming

Depending on traffic, disgraced New York Governor was expected to announce around 11:30 am EST that he would be resigning. 

At 11:10 am, Spitzer, his wife and presumably Spitzer's high powered legal team were picked up at their 79th Street apartment by three separate black caravans. 

Spitzer began speaking at 11:45 am EST. "I cannot allow my private failings to affect the people's work."

Spitzer announced his resignation and his departure from public life (outside of politics).  The resignation would go into effect on Monday.

The news comes among revelations that Spitzer may have spent upwards of $80,000 of taxpayers money on high priced call girls.   Shockwaves spread over New York and much of the world Monday when Spitzer was potentially revealed as "Client 9", caught on a federal wiretap arranging for a high-priced call girl to be sent from New York to his Washington hotel.

The millionaire, married politician has been hopping into bed with harlots for as long as a decade and traveled as far as Florida for steamy trysts, sources told the New York Post Wednesday.

Spitzer, an online gambling zealot, forced over a dozen banks to stop allowing such gaming transactions in 2002, crippling the industry. 

David Alexander Paterson would be assuming the role of New York Governor.  Paterson would become New York's first African American Governor and the first "legally blind" Governor.