Will Governor Elliot Spitzer resign from office on 3/12/08?

Thanks to inessa21 for the orginal question.

;)

Spitzer will resign on 3/12/08 according to this latest report:

http://www.nypost.com/seven/03112008/news/regionalnews/sources__spitzer_likely_to_resign_tomorr_101473.htm

We'll I saw a post reminding people that everyone thought Marrion Barry would step down too. Does anyone really know what this guy is thinking? I would have thought he would have stepped down as soon as it broke but maybe he's another Senator Craig.

the dynamic has shifted, post-craig. some might say post-jefferson.

Maybe post-Vitter, oh, wait, he's still in office. Shouldn't someone ask him to resign?

I think "The Daily Show with Jon Stewart" summed it up. "He's mad at me for this?" I think is the sound bite for this.

Will announcing his resignation count, even if it's not effective until Monday?

great point to clarify bayoubear.
I hope his announcement is what these questions settle at. To actually resign takes some time, yes?
not sure in these matters...
The Jon Stewart comment had me laughing big time. I was thinking that when he was up there so angry.
Also, how does his wife get dragged up stage like that? The humiliation of this is not enough. she has to stand there. As The Daily show pointed out, the person standing next to him during that announcement should be the Escort that he hired. thats who the people want to see. Really. Its true. I am just the messenger.

If he just announces his resignation effective Monday the settlement in this case should be no. He isn't resigning today.

haha! i forgot all about vitter.

but i think jefferson pre-dates him?

The Governor has not stated he will resign on March 12th. He has said that his resignation will be effective next Monday. This means that no resignation has occurred on the 12th (Won't settle until after 23:59). I know some may not like this decision (looking at the odds), but the market does not state a announcement of resignation but "resign."

Cheers,

Ryan
Hubdub US Politics Content Editor

I agree Ryan. He has announced his resignation and until he resigns on 3/17 he remains Governor.

Ya got it right Ryan...he could have said I have resigned, but instead he said he would resign...there is a difference...as someone else said, he could pull a Larry Craig and announce his resignation and then just not do it...

Posted: Wednesday, 12 March 2008 12:36PM

Gov. Spitzer Resigns -- Effective Monday

ALBANY, N.Y. (1010 WINS/AP) -- New York Governor Eliot Spitzer has resigned -- effective Monday. Spitzer says he will turn over the governor's post to Lieutenant Governor David Paterson, who will become New York's first black governor. Spitzer's resignation completes a stunning fall from power after he was nationally disgraced by links to a high-priced prostitution ring. His involvement as a customer was caught on a federal wiretap as part of an investigation opened in recent months.


He HAS resigned. It's just effective monday.

The question is "Will Governor Elliot Spitzer resign from office on 3/12/08?"

That is a yes.

If this question is not settled yes then I am done with HubDub. This is ridiculous.

Knowing their will be a hell of allot of contention around this market, I've created a discussion here: http://getsatisfaction.com/hubdub/topics/spitzer_market_issues

If we can get as many people putting their points of view up on the discussion it would be great. In the sense that better future markets can be made via user input.

Regards,

Ryan
Hubdub US Politics Content Editor

The question was not would he leave office, but when would he resign. He resigned today, he will leave office on Monday, but today is when he submitted his resignation. The question should be settled yes.

my opinion is that he resigned today. this question should be settled as a yes.

Scott, he will still be Governor after today. The Larry Craig point above is a great point. He said he would resign and didn't. Announcing intent is not the same as actually resigning, which would make this question settle as no. On 3/13/08 he will still be Governor, hence no resignation has taken place.

Perhaps all questions related to Spitzer's resignation should be suspended as people are still wagering on the outcome and the argument is coming down an interpretation of the question itself

Announcing intent is not the same as actually resigning!!

Clearly we did not see this coming, how odd that he would want to keep the governorship over the weekend, last minute pardons out there I guess.

It clearly states all over the news that the governer resigned today. The question wasn't when the resignation would be effective, it was whether he would resign or not. This question should clearly be answered as a yes. This is ridiculous!

I also understood the question to be when he announces his resignation, not when it becomes active. Stuff like that should be clarified before hand.

It was a VERY clear question. There should be no need for even an argument. That's been an ongoing issue at hubdub..

this is clearly a NO. He resigns March 17th. Spitzer is still the Governor till he hands over power

I completely agree with scott. This is extremely frustrating. The question is "will he resign?". The answer is "SPITZER RESIGNS" (CNN).

He resigns on march 17th. That's just the headline. READ THE WHOLE ARTICLE!!

Spitzer Resigns, Citing Personal Failings
By MICHAEL M. GRYNBAUM
Published: March 12, 2008

"Gov. Eliot Spitzer, whose rise to political power as a fierce enforcer of ethics in public life was undone by revelations of his own involvement with prostitutes, resigned on Wednesday, becoming the first New York governor to leave office amid scandal in nearly a century.

The resignation will be effective on Monday, and Lt. Gov. David A. Paterson will be sworn in to replace him."

If hubdub is going to make settlements based on major news sources and settle this as a 'No' , then someone needs to tell the NY Times they don't know what they are talking about. It clearly states, resigned today, to be effective Monday.

http://www.nytimes.com/2008/03/12/nyregion/12cnd-resign.html?bl&ex=1205467200&en=823faf9a1e1c976c&ei=5087

It could not be MORE clear. That's what's so ANNOYING about this. He RESIGNED today effective Monday. Settle the question YES.

you can't have it both ways. resign but not resign till monday? lol come on he is in power till monday meaning settle this as a NO and lets move on

this is coming down to semantics.

first, i think all predictions made after the announcement at about 11:30 EST should be voided. second, maybe hubdub can do this: pick which side they support in this argument and then award then the H$ as if they won, while voiding the predictions of the losing side so that no one loses money on semantics

sounds like the best outcome, however we shall see what hubdub staff do

But when the question was asked, it was not about the final day of leaving, it was about whether he would announce he was resigning (I mean, no-one betting on this question was thinking -- oh wait, how many days after he announces will he actually leave -- they were wondering if he would resign today or not, which he did) If you got it wrong, accept it. Playing word games to try to keep your money is pathetic.

question doesnt say when he will announce. it states when he will resign and that is March 17th. It's very clear and you're twisting it to try and not lose your H$. You can try but i'm sure hubdub staff can see past the smoke that you're trying to blow at them.

He resigned today. 100000000 news papers support it. What do you want, him to come here personally and decide the question?

once again the question Will Governor Elliot Spitzer resign from office on 3/12/08?

Not when its EFFECTIVE when will he RESIGN.

Any dope can do this logic.

well then do the logic! he can't resign but NOT resign until March 17th. The announced resignation is March 17th. I feel your frusteration as you must have all your money on yes. Cash in and switch before it's too late. lol. Spitzer is governor today, tommorrow and until March 17th. That's logic

He isn' resigned right now, he could just as well choose not to resign on the 17th afterall (and face impeachment regardless), the fact is, he only announced resigning, he hasn't physically resigned yet, he's still getting a paycheck till its official.

belarusia, the point is that scott and I and others with our opinion are interpreting this question based solely on the news articles and the way the question was stated. You are adding the parameter of when he hands power over, which is not stated in the question. That is the fabrication of you and others with the same opinion.

when he hands power over that is when he resigns, like i stated above: he could just as well choose not to resign on the 17th afterall (and face impeachment regardless), the fact is, he only announced resigning, he hasn't physically resigned yet, he's still getting a paycheck till its official.

It doesn't really matter what you say. You're adding to the question. I'd advise you to settle and cut your losses.

hope you don't have all your money on YES as you will lose it, that's all I have to say. Look at my net worth and you might also see me on the leaderboard. Put more money on YES so i can get a better percentage on the NO

an opinion from someone who has, and who has had, no money in this market:

http://www.tfd.com/resign
"v.tr.
2. To give up (a position, for example), especially by formal notification.
3. To relinquish (a privilege, right, or claim).
v.intr.
To give up one's job or office; quit, especially by formal notification"

seeing that he has yet to give up the office, he has not fulfilled both parts of the definition of resigning.

words mean things, and thats where the dictionary comes in. perhaps someone can find a dictionary that defines "resign" as just providing notification of intent? until then, looks like this one was settled correctly.

or *will be* settled correctly, i should say.

To me he resigned today..question-when will spitzer resign as reported bt news..answer-he resigned today..that should have been the answer as yes..if people are saying it doesnt say when will he announce it then it also doesnt say when the offical date is given as an option either..it cant be one way and not the other..everyone is reporting he resigned today..i dont get it...people are putting their time into answering stuff for fake money..do u think they will put more time in analyzing questions for every possible scenario..keep it simple..if it was going to be discussed this way the wagering should have been suspended b4 an opinion was given and if that was the opinion then it should just have been settled..and it could have been settled as yes and then if he was still goverener for some reason after monday reversed as needed as was the amy winehouse question..and if the tie is purple that question should be voided..once again people arent going to waste their time analyzing what purple really is..its purple..thats it..sorry to go off track.:)

and i already cashed out so it doesnt matter to me one way or the other

crudsy is right. BUT if no one can agree on what the words SPITZER RESIGNED means, why not void the question? The acrimony that has developed today over at least two of the Spitzer questions is not good for the hubdub community. There have been at least two resignations in hubdub and major bitterness all around. I don't think this is what the editors have in mind...

The real question is why haven't the editor's stepped in yet. God know's they're busy, but this and similar questions are collectively the largest issue today.

Spitzer's resignation letter clearly states he is resigning on March 17. READ IT!!! http://www.ny.gov/governor/press/resignation.pdf

One of the problems with HubDub (which I like very much) is that people get into any possible interpretation of the question.

The questions SHOULD be written more carefully. That's been an ongoing problem.

However THIS question was written very well and very clearly.

"Will Governor Elliot Spitzer resign from office on 3/12/08?"

The answer is that he resigned his office on 3/12/08, and will officially be leaving on the 17th. You CAN resign a position an leave at a later date.

DO NOT try to add onto a clear question as some are trying to do. I can cite a TON of news stories today that he RESIGNED TODAY.

This is the question. Those who are arguing otherwise either have money riding the wrong way or just poor reasoning skills.

please refer to comment #44 and you will see that your position is a false one, it was already proven. And also read Spitzer's resignation letter and he himself writes " resigning my position as Governor- March 17, 2008" THANK YOU GOVERNOR FOR THE PROOF!
http://www.ny.gov/governor/press/resignation.pdf

belarusia.... he resigned his position TODAY effective march 17th. So we agree. The answer is YES.

If you quit your job but give two weeks notice do you really consider that you quit after the last day? When i was leaving my first job I considered myself to have quit when I gave notice, just as I say that spitzer has already resigned.

"words mean things, and thats where the dictionary comes in. perhaps someone can find a dictionary that defines "resign" as just providing notification of intent? until then, looks like this one was settled correctly."

yes words have meanings but in general speaking terms (The whole language as it is today most commonly used) would generally be taken as he has already resigned. I think the only reason there is any issue is becasue some people are arguing for which way they voted instead of what they think is actually right ;)

ironman288 read post #44 and you will see the definition for resign and it should clearly be settled as NO.
Also when you quit your job and give 2 weeks notice, on your next application what dates do you put as the dates you worked with the company? Obviously your first and last day at the company.. (that was simple)

If someone opens a new question, "Will Spitzer still be Gov on the 18th?" I would bet some serious HD$$$ on that one. My prediction might be wrong, but I don't think he will resign at all... he'll find excuses to delay his resignation with the hope of staying in long enough for the media spotlights to be pointed elsewhere. BUT I don't know what deals he may have made to avoid jail time... so I could be wwwaaayyy out in left field on this one and about to lose all my HD$$$...

the question is right here: http://www.hubdub.com/e/Market/When_will_New_York_Governor_Elliot_Spitzer_resign_as_a_result_of_his_involvement_in_a_prostitution_ring_scandal_3983

Lets see if you can back up your talk. Put your money where your mouth is.

If we are going to have to go through this stupid stuff for every big question out there this site will fail. Too many, too much.

When you get a SIMPLE question as "Will Governor Elliot Spitzer resign from office on 3/12/08?" and there are 1000 news orginazations that say HE DID then why are we even arguing?

I have to side with Scott on this one, He resigned today.

If he actually would've resigned effective today it wouldn't be a story, however he will resign March 17th. READ HIS LETTER OF RESIGNATION!!!
http://www.ny.gov/governor/press/resignation.pdf

I dont give a crap about his letter. WATCH his speech today when HE RESIGNED. Jeez. You are like Bush - repeat repeat repeat.

a whole bunch of blather...but no one able to reference of definition of "resign" that doesnt also require relinquishing power, as well as a formal notification.

"but the headlines all say it" = "dewey beats truman!"

Another ridiculous void. I think a certain few could make any question settle any way they wanted to.

void? looks like it was settled to me.