"I cannot allow for my private failings to disrupt the people's work," Spitzer said at a news conference in New York City."Over the course of my public life, I have insisted – I believe correctly – that people take responsibility for their conduct. For this reason, I am resigning from the office of governor." After Spitzer's initial press conference, New York State Assembly Republican Minority Leader James Tedisco and Republican New York Congressman Peter King separately called for his resignation.ELIOT SPITZER’S new squeeze is Bill de Blasio’s mouthpiece.
'I’d also be able to get to bed at a reasonable time and get up in the morning with the rest of the normal world.
However, he broke up the transactions into smaller slices due to federal law requiring the reporting of any transfer of ,000 or more.
When he tried to get his name taken off the wires, the bank refused, saying that the money had already been wired out and that it would be improper to do so in any case.
The IRS Criminal Investigation Division then began a probe, initially fearing that Spitzer was the victim of either extortion or identity theft.
North Fork's report in July 2007 went largely unnoticed until HSBC filed a report in the fall that the transactions were going to QAT International and QAT Consulting Group, which were offshore shell companies operating as a front for the Emperors Club VIP.