Spitzer lives and dies by the embarrassing press conference

Elliott Spitzer has covered himself with glory with his no holds barred evisceration of various Wall Street insiders, banks, and insurance companies. He was the law and it was his way or the highway.  There were no mitigating circumstances when Spitzer was on the case. And now, Spitzer seems hoist on his own petard.  New York Republicans, who smell blood in the water, have threatened to impeach the New York governor if he doesn't step down after being linked to a prostitution ring. What I want to know is why law enforcement was interested in a "suspicious money trail" that lead to that specific bank. Could it be that Spitzer has so annoyed any number of high powered people and institutions that they went looking for something with his name on it? I'm not one for conspiracy  theories but traders reportedly cheered when CNBC broke the story. The problem with holding one's self out as holier  than thou, is that one must be holier than thou and hiring high priced hookers just doesn't cut it. I'm sure that even as I type this, Spitzer is writing his comfortable ticket to a low-key resignation. It's a sorry end to a career that held such promise and did so much good for the rest of us. Maybe Spitzer's greatest sin had nothing to do with a hooker, but in having so mightily pissed off white collar criminals who are used to having it their way.