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New York Gov. Spitzer's Resignation Statement

March 12: New York Gov. Eliot Spitzer announces his resignation in New York. Lt. Gov. David Paterson will succeed him, effective Monday, March 17.AP

The following is the statement of New York Gov. Eliot Spitzer at his announcement of resignation:

In the past few days, I have begun to atone for my private failings with my wife Silda, my children and my entire family.

The remorse I feel will always be with me. Words cannot describe how grateful I am for the love and compassion they have shown me. From those who much has been given, much is expected. I have been given much — the love of my family, the faith and trust of the people of New York, and the chance to lead this state.

I am deeply sorry that I did not live up to what was expected of me.

Video: Click here to watch the announcement.

To every New Yorker, and to all those who believed in what I tried to stand for, I sincerely apologize.

I look at my time as governor with a sense of what might have been. But I also know, that as a public servant, I and the remarkable people with whom I work, have accomplished a great deal. There is much more to be done and I cannot allow my private failings to disrupt the people’s work.

Over the course of my public life, I have insisted I believe correctly, that people, regardless of their position or power, take responsibility for their conduct. I can and will ask no less of myself.

For this reason, I am resigning from the office of governor.

At Lieutenant Governor Paterson’s request, the resignation will be effective Monday, March 17, a date that he believes will permit an orderly transition.

I go forward with the belief, as others have said, that as human beings, our greatest glory consists not in never falling but in rising every time we fall.

As I leave public life, I will first do what I need to do to help and heal myself and my family. Then I will try once again, outside of politics, to serve the common good and to move toward the ideals and solutions which I believe can build a future of hope and opportunity for us and for our children.

I hope all of New York will join my prayers for my friend David Paterson as he embarks on his new mission and I thank the public once again for the privilege of service. Thank you very much.