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The New York governor, who wagged his finger at Wall St. and promised to restore ethics in Albany, has been linked to prostituton ring, the New York Times reports, with little abiguity:

ALBANY - 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.

How long can he last?

UPDATE: FoxNews reports that he will resign.

UPDATE II: In an announcement, Spitzer says, "I must now dedicate some time to regain the trust of my family," but avoids officially saying that he resigned. But given that he has been indicted, I'd doubt he'd be able to hang on.

CORRECTION: FoxNews reported that he had been indicted, but the complaint does not mention him--or his alias Client #9-- as a defendent.