The man who went on the well known ethics crusades against businesses seems to have ethics issues of his own.

Gov. Eliot Spitzer announced Wednesday that he is resigning, completing a spectacular fall from power for a politician whose once-promising career imploded amid allegations that he paid thousands of dollars for high-end prostitutes.

“I look at my time as governor with a sense of what might have been,” Spitzer said, with his expressionless wife Silda standing at his side. “There is much more to be done, and I cannot allow my private failings to disrupt the people’s work.”

New York Governor Eliot Spitzer (C) leaves after a news conference November 14, 2007 on Capitol Hill in Washington about his controversial plan to issue driver’s licenses to illegal immigrants. Spitzer dropped the plan due to overwhelming opposition to the policy stating, “I’ve concluded that New York state cannot conduct this program on its own.” REUTERS/Yuri Gripas (UNITED STATES)

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