Both WCBS and Fox News are reporting that Eliot Spitzer is expected to resign shortly. David Paterson is expected to take over as the new governor of New York State.

At a press conference, Gov. Spitzer appeared with his distressed-looking wife and gave a statement apologizing to his family and to the public.

Live, streaming internet radio coverage of the Spitzer crisis is available at WNYC via the toolbar on the left-hand side of the screen.