The New York Post is reporting that Elliot Spitzer will announce his resignation within the hour:
March 12, 2008 — Posted at 8:38 a.m.
Gov. Eliot Spitzer has decided to resign and will begin notifying top state officials of his decision just after 9 a.m., The Post has learned.
Word began circulating of his decision in state political circles just minutes ago, which came after what one source called “an agonizing night,” as the governor’s wife, Silda Wall Spitzer, and the governor’s lawyers went over a possible plea deal offered by federal prosecutors, sources told The Post.
Lt. Gov. David Paterson, who has remained at his suburban Albany home for the past three days, was expected to be notified of Spiter’s decision within the hour.
Sources said Paterson has told friends that if he does become governor, he would like Sptizer to hold off his resignation until Monday to give him enough time to prepare for a transition
The New York Times is reporting that resignation will occur today as well, but is less clear about the timing:
Gov. Eliot Spitzer, reeling from revelations that he had been a client of a prostitution ring, is expected to officially announce his resignation today, staff members said, though the precise timing remains unclear
Aides to Mr. Spitzer said they expected the announcement to come during the early part of the morning. But because even his most senior aides have been so surprised by revelations of their boss’s behavior, they said that nothing could be certain until Mr. Spitzer actually steps forward and makes the announcement himself.
Perhaps he finally realizes the jig is up.

