FBI Watched Spitzer Before February Incident

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Spitzer Addresses Media

New York Gov. Eliot Spitzer apologized to his family and the public Monday, but did not elaborate on the reported links to a prostitution ring.

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A sole supporter stood holding a sign that said, "Governor Spitzer please do not resign, give him a break."

In another development, George Fox, a hedge-fund manager and longtime friend of the governor, sent a letter to clients of his Titan Advisors firm saying that Spitzer had "personally apologized" to him for using the name "George Fox" to check into the Mayflower last month for a sexual liaison with a call girl named "Kristen."

"I have been a close friend of Mr. Spitzer's for more than 20 years and am extremely disappointed by these developments," he said in the letter.

"Some of the reports have included information that the Governor used the name 'George Fox' as an alias," Fox said in the letter. "This development is of great concern to me and my colleagues at Titan. I assure you that I had no knowledge of and no involvement in Mr. Spitzer's alleged activities. Furthermore, I in no way authorized or was informed about the improper use of my name."

The letter concludes: "Mr. Spitzer has personally apologized to me for creating this unfortunate situation."

Staff writers Dan Eggen in Washington and Robin Shulman in New York, and researcher Richard Drezen in New York contributed to this report.