schadenfreude SHOD-n-froy-duh, noun:
A malicious satisfaction obtained from the misfortunes of others.

Gov. Spitzer tied to prostitution ring

Spitzer has built his political legacy on stamping out corruption, including several headline-making battles with Wall Street while serving as attorney general. He stormed into the governor’s office in 2006 with a historic share of the vote, vowing to continue his no-nonsense approach to fixing one of the nation’s worst governments.

Time magazine had named him “Crusader of the Year” when he was attorney general and the tabloids proclaimed him “Eliot Ness.”

Seems like Mr. Spitzer could use some ethics reform in his own life.

UPDATE: Jay Fitzgerald at Hub Blog adds,

Two things jump to mind: 1.) I’m never going to compare Deval to Eliot again. 2.) The old adage, I believe from Mark Twain, about not trusting the dinner guest who goes on and on about his honesty. …

UPDATE II: I hate it when these cheating pols have their wives stand by their side. She looks absolutely devastated, and he is simply using her at this awful moment as a prop for political cover. Disgusting. Here is Spitzer talking about his “private matter”. Private matter my ass.

Uploaded by krs601

UPDATE III: AP goes put on a limb: Scandal Puts Spitzer’s Career in Danger

UPDATE IV: It was inevitable wasn’t it, it’s George Bush’s fault!

UPDATE V: Meet Kristen, Eliot’s $4300 girl. He knows now that the price was much higher than that.