That's FORMER Gov. Elliot Spitzer

At 11:45 a.m. Wednesday morning, bowing to enormous public pressure in light of the news about his use of high-price prostitutes, New York Governor Eliot Spitzer announced his resignation. The resignation will become effective Monday, March 17, at the request of Lt. Gov. David Paterson -- a "date he believes will permit an orderly transition," Spitzer said.

Paterson, 53, who is legally blind, will serve out Spitzer's term, which ends in 2010. He will be New York's first black governor.

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