Spitzer Involved in Prostitution Ring

Of course he is.
Gov. Eliot Spitzer has informed his most senior administration officials that he had been involved in a prostitution ring, an administration official said this morning.

…He is set to make an announcement about 2:15 this afternoon at his Manhattan office.

Mr. Spitzer, a first-term Democrat who pledged to bring ethics reform and end the often seamy ways of Albany, is married with three children.
More info as it becomes available. [H/T Constant Comment.]

Update 1: Still no info yet on the supposedly forthcoming announcement, although there has been a refusal from his office to comment on the New York Times piece, and naturally a refusal to deny it outright isn't promising.

Update 2: CNN reports that Spitzer says he "acted in way that violates his obligation to his family" and that he apologizes "first and most importantly to my family" as well as "to the public, to whom I promised better." Still no details on how, exactly, he was involved in the prostitution ring.

Update 3: Care of Petulant, here's video of Spitzer's very brief and detail-free presser:

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