Financial Times FT.com

Threat to impeach Spitzer as he tries to reach deal with prosecutors

By Ben White in New York and Brooke Masters in London

Published: March 12 2008 02:00 | Last updated: March 12 2008 02:00

Eliot Spitzer, Democratic governor of New York, sought to reach an agreement yesterday with prosecutors investigating his involvement with a prostitution ring, before making a final decision on leaving office, people close to him said.

Mr Spitzer, who rose to prominence as the scourge of Wall Street and a crusader for higher ethical standards, remained in office despite heavy pressure to resign and a threat by Republicans in the state legislature to begin impeachment proceedings.

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